LyondellBasell wins $4.5m grant to improve ethylene technology

12 June 2012 15:40  [Source: ICIS news]

HOUSTON (ICIS)--LyondellBasell has been awarded a $4.5m (€3.6m) grant in the US to develop technology that improves the energy efficiency of producing ethylene from ethane, the international petrochemicals major said on Tuesday.

LyondellBasell said that the grant from the US Department of Energy (DOE) covers the development of catalyst-assisted technology to improve the energy efficiency of producing ethylene from ethane gas while emitting less greenhouse gas.

LyondellBasell will collaborate with Quantiam Technologies and BASF Qtech to develop the technology over the next three years, it said.

The project will build on ethane and naphtha fed catalytic coating technology for steam crackers developed by BASF Qtech, it added.

“Access to low-cost ethane from shale gas over the past three years has changed the competitive position of the US chemical industry,” said Tim Roberts, LyondellBasell's senior vice president of olefins and polyolefins for the Americas.

“We have an opportunity to further this advantage through greater energy efficiencies in our manufacturing processes,” he added.

“This grant helps to facilitate faster development of catalyst-assisted technology for ethane cracking," Roberts said.

LyondellBasell has six steam cracking units in the US. The company can process ethane and natural gas liquids for up to 85% of these units' feedstocks, it said.

($1 = €0.80)

By: Stefan Baumgarten
+1 713 525 2653

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