UOP, TPC sign agreement on-purpose butadiene technology licensing

UOP, TPC sign agreement for on-purpose butadiene technology licensing

4:34 AM, 14th June 2014
UOP, TPC sign agreement for on-purpose butadiene technology licensing

DES PLAINES, US: TPC Group Inc and UOP LLC, a Honeywell company, have entered into an agreement for UOP to be the exclusive licensor of the proprietary TPC Group OXO-D technology used to produce on-purpose butadiene, a key ingredient for making synthetic rubber.

The two companies will immediately begin working together to license TPC Group’s proprietary OXO-D technology, which has been successfully operated for more than 40 years, commercially converting butene to butadiene for the production of synthetic rubber. The current OXO-D technology is the basis for TPC’s current on-purpose butadiene project in commercial development now. The two companies will jointly develop further enhancements to OXO-D, the most efficient and low-cost method to make on-purpose butadiene, leveraging UOP’s expertise in licensing and technology.

“We believe our OXO-D technology is the most efficient, competitive and commercially proven technology in the world for the on-purpose production of butadiene. We look forward to working jointly with UOP to continue to advance our leading on-purpose butadiene technology through UOP’s depth of knowledge and experience as a licensor within our industry,” said Mike White, Senior Vice President of operations and technology, TPC Group.

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