Company Research Report: Lummus Technology

Company Overview

Name, Mission of the Company

Name: Lummus Technology
Mission: Innovation Applied. Performance Delivered.

Founding Information

Founded: 1907
Founder: Walter E. Lummus

Key People in the Company

Leon de Bruyn: President and Chief Executive Officer

Edosa Obayagbona: Chief Financial Officer

Deepak Martin: Chief Human Resources Officer

Ujjal Mukherjee: Chief Technology Officer

Headquarters

Address:
5825 N. Sam Houston Pkwy. W., #600
Houston, TX 77086
United States

Number of Employees

No information is available

Revenue

No information is available

What is the Company Known for?

Lummus Technology is known for being the global leader in developing and commercializing process technologies in fields such as clean fuels, renewables, petrochemicals, polymers, gas processing, and lifecycle services. The company is also known for its extensive portfolio of licensed technologies and catalysts, proprietary equipment, and digitalization solutions.

Products

Process Technologies

Petrochemicals: Technologies to produce various bases for chemicals including plastics, resins, fibers, solvents, detergents, adhesives, and polymers.

Polymers: Technologies to produce polypropylene (PP), high-density polyethylene (HDPE), and super absorbent polymers (SAP).

Clean Fuels: Refining technologies for bottom-of-the-barrel upgrading, hydroprocessing, and production of clean fuels.

Natural Gas Processing: Technologies for gas conditioning, treating, fractionation, deep ethane extraction, and LPG recovery.

Hydrogen & Synthesis Gas: Technologies for hydrogen and synthesis gas plant designs, including for conventional and blue hydrogen production.

Chevron Lummus Global (CLG): Hydroprocessing technologies through a joint venture with Chevron.

Catalysts and Equipment

Catalysts: Proprietary formulations for higher conversion and yield.

Heat Transfer Equipment: Specialized designs essential for optimal function and performance.

Fired Process Heaters: Designed for various petrochemical and refining applications.

Delayed Coking Heaters: Advanced designs for improved thermal efficiency and emission control.

SRT® Ethylene Furnaces: Pyrolysis furnaces with a high global presence in ethylene production.

Sustainability and Services

Green Circle: Technologies focused on circular economy and energy transition.

Hydrogen & Synthesis Gas: Solutions for blue hydrogen utilizing captured CO2.

Gasification: Technologies for efficient production of syngas, hydrogen, and chemicals.

Water and Wastewater Technologies: Zimpro® suite for wet air oxidation and PFAS destruction.

Key Features of Products

Ethanol to SAF: Reduces GHG emissions, integrates ethanol to ethylene and hydrogenation technologies.

Renewable Dimethyl Ether Technology (CDDMESM): Produces DME from various methanol types, reduces CAPEX and OPEX.

Verdene™ Technology: Produces fully bio-based polymers from bio-ethanol.

Recent Developments

New Products and Technologies

Ethanol-based Sustainable Aviation Fuel Technology (SAF): A commercially available technology to produce sustainable aviation fuel from ethanol, aimed at reducing GHG emissions in the aviation industry.

Renewable Dimethyl Ether Technology (CDDMESM): Produces renewable DME, prominently used for sustainable fuel and chemical needs.

Partnerships and Acquisitions

Acquisition of Acrylic Acid and Acrylates Technology (October 26, 2023): Expanded Lummus’ propylene offering by acquiring the rights for acrylic acid technology from Air Liquide Engineering & Construction, aiming for integrated chemical value chain optimization.

Partnership with Element Six (July 23, 2024): A global partnership to address the challenge of PFAS destruction in water using unique BDD electrochemical oxidation technology.

Key People Appointments

Edosa Obayagbona: Appointed as Chief Financial Officer on September 5, 2024.

Deepak Martin: Appointed as Chief Human Resources Officer on August 27, 2024.

Project and Contract Awards

Kazakhstan’s First Polyethylene Plant (August 29, 2024): Contract awarded for an ethylene unit to be part of the first polyethylene plant in Kazakhstan, leveraging Lummus’ Short Residence Time (SRT®) heaters and olefin recovery system.

Research and Development

Green Circle Labs (April 17, 2024): A new R&D facility focusing on advancing water and wastewater technology, particularly the Zimpro® suite, to enhance sustainability and compliance with environmental regulations.