In a significant move, IndianOil Corp. Ltd. (IOCL) has chosen Lummus Technology to provide the cumene technology for a new unit at their Paradip complex in India. This decision was made after careful consideration of the benefits offered by Lummus’ technology, including lower energy costs, operational efficiency, and exceptional product yield.
Lummus Technology’s Chief Business Officer for Polymers and Petrochemicals, Romain Lemoine, expressed his excitement about working with IOCL on this project and continuing their long-term relationship. The scope of Lummus’ involvement includes providing the technology license for cumene, basic design engineering, proprietary catalysts, site services, advisory services, and training.
IndianOil has previously licensed multiple technologies from Lummus, including naphtha cracker, INDMAX FCC, and polypropylene technologies. The partnership between Lummus and Versalis in licensing cumene technologies dates back to 2007. The cumene process uses a special zeolite catalyst and is known for its high cumene yield, purity of product, and long catalyst run length.
Lummus Technology focuses on developing solutions for a more sustainable future by providing process technologies in various industries such as clean fuels, renewables, petrochemicals
