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Tuesday, January 11, 2022
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Technip Energies and SIBUR announce agreement to license lower carbon HEXSIB technology

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Technip Energies (Paris: TE) and SIBUR Holding Public Joint Stock Company (SIBUR) announced that the companies have signed a collaboration agreement to license a dedicated technology for the production of hexene-1 from ethylene.

Hexene-1 is a comonomer of choice in the production of high-value specialty resins. The incorporation of hexene-1 allows for better end-product properties and contributes to a lower use of carbon for equivalent performance. This novel technology, operating at low pressure and temperatures, has been developed by SIBUR and will be licensed by Technip Energies.

Stan Knez, Chief Technology Officer, Technip Energies, stated “We are very proud to promote this technology which is simple and reliable. This specially developed technology delivers a high quality product, that may be dropped into existing polyethylene production facilities. SIBUR’s HEXSIB technology provides gains in carbon efficiency and opens up possibilities for bio-sourced plastics production from renewable carbon.” 

Daria Borisova, SIBUR Management Team Member, Managing Director of Development and Innovations, said: “The agreement with Technip Energies strengthens the engineering platform of SIBUR's technology and gives us the opportunity to promote it through Technip Energies’ partner network. SIBUR is currently selecting a site within the group's range of facilities for production of hexene-1 with the HEXSIB technology to satisfy its own and the market’s needs as the company expands its portfolio of high value grades and share of comonomers.''

 

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering. 

Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For further information: www.technipenergies.com.

About SIBUR

SIBUR is Russia’s largest integrated petrochemical company and one of the fastest growing global petrochemical players with more than 18,000 employees. The Company’s unique vertically integrated business model enables it to deliver highly competitive products used in the consumer goods and automotive industries, as well as construction, energy, chemistry and other industries across 100 countries.

SIBUR helps to reduce CO2 emissions stemming from the burning of oil and gas extraction by-products by processing them into valuable petrochemical products.


Contacts

Annette Morgan
Head of Communications Process Technology and Americas BU
Tel: +1 281 249-2475
Annette.morgan@technipenergies.com

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