Clariant and Lummus Novolen Technology to develop, commercialize new polypropylene catalysts
Clariant (Muttenz, Switzerland; www.clariant.com) today announced that its Business Unit Catalysts has signed long-term cooperation agreements with CB&I’s Lummus Novolen Technology GmbH business unit. The two companies will combine and ramp up R&D efforts to develop improved polypropylene catalyst and donor technologies. When successful, existing and future Lummus Novolen licensees and other polypropylene producers will be supplied with the new catalyst developed by a new state-of-the-art Ziegler-Natta polypropylene catalyst production line.
Clariant and Lummus Novolen will jointly invest about CHF 65 million in this new state-of-the-art polypropylene catalyst production line at Clariant’s catalyst production hub in Louisville, Kentucky. The plant is expected to be on stream in 2015.
By leveraging the successful licensing and process design experience of Lummus Novolen and the strong catalyst R&D capabilities of Clariant, the two companies expect to further strengthen their joint position in polypropylene catalyst. The polypropylene Ziegler-Natta catalyst market is expected to continue the high growth pace shown over the last decade with estimated growth rates of more than 5% in the next five years.