Technip Energies Announces a License Agreement with OCIKUMHO for a 100 KTA EPICEROL® Plant in Malaysia
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Technip Energies announces that OCIKUMHO Sdn. Bhd., a joint venture between OCIM Sdn. Bhd. and Kumho P&B Chemicals has signed a license agreement for a 100 kilotons per annum (kta) EPICEROL® plant for the production of epichlorohydrin (ECH) from glycerine.
ECH is a compound mainly used to produce epoxy resins. Its main applications serve the clean energy market, such as wind, solar, tidal and electricity transmission, providing corrosion protection coatings. It is also used in the industrial, automotive and packaging industries and as composites in the aerospace industry.
Using a bio-based raw material, OCIKUMHO’s unit will be integrated into a new processing complex using electricity made by hydro power, in Sarawak, Malaysia to serve the growing ECH market. OCIKUMHO will be the first to manufacture epichlorohydrin in Malaysia.
Bhaskar Patel, Senior Vice President Sustainable Fuels, Chemicals and Circularity, commented: “EPICEROL® offers a cost-effective process with a reduced carbon footprint compared to traditional propylene-based ECH. This breakthrough technology produces no waste water, fewer emissions, effluents and harmful by-products, making it one of the most environmentally friendly processes possible.”
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.
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