Tie-ups: Technip to license Sabic LDPE tech; Teijin/Asahi Kasei complete business integration

Technology firm Technip Energies and chemicals firm Sabic have entered into an exclusive licensing collaboration agreement (LCA) under which Technip will act as the worldwide licensor of Sabic’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR) technology.

This agreement expands the long-standing cooperation between the two companies and combines Sabic’s technology with Technip Energies’ experience in polyolefins.

Technip says it has supported the CTR technology since 1996, contributing to basic design, engineering, construction and start-up activities, building deep operational and execution expertise.

Stephane Mespoulhes, Senior Vice President Ethylene and Polyolefins at Technip Energies, commented: “This agreement marks a significant step forward in our long-standing partnership with Sabic and strengthens Technip Energies’ position as a key player in LDPE technology licensing. By combining Sabic’s proven CTR technology with our deep expertise in the design, fabrication of equipment, and execution of high-pressure LDPE plants, we are uniquely positioned to accelerate the deployment of high-performance LDPE solutions worldwide. Together, we enable producers to scale efficiently, safely, and reliably, meeting growing market demand while delivering tangible value to our customers.”

In other news, Teijin Frontier Co and Asahi Kasei Advance have completed the integration of their business operations and have launched the new entity as TA Frontier Co.

This integration combines the customer bases and business platforms that the two companies have developed, with the goals of building greater competitiveness, responding more effectively to rapidly changing market conditions and achieving sustainable growth.

TA Frontier, the new integrated company, embraces a corporate philosophy of “Creating new value that contribute to a healthy environment and a prosperous future.” It will provide solutions from textiles and apparel to industrial materials, construction materials and resin products that help address challenges in daily life and business across a wide range of industries.

“Through this business integration, we have taken a new step forward as TA Frontier Co., Ltd,” stated Susumu Kamata, President/CEO of TA Frontier. “By bringing together the experience, technologies and expertise cultivated by both companies, we will deliver products and services with even greater added value to address the diverse challenges faced by our customers. We will strive to become an attractive company that continues to earn the trust of our customers and society by responding to their changing needs and taking on the challenge of creating new value.”

The company manufactures polyester and other yarns and staple fibres, textiles, apparel, automotive materials, chemicals, construction and interior materials, industrial materials and consumer products.

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