Lummus Novolen Technology Awarded Contract from Lukoil Burgas

- Novolen® technology polypropylene plant is the first in Southeast Europe

- Plant will be part of Lukoil Neftohim Burgas AD, the largest oil refining enterprise in the area

- Contract follows other recent awards from Lukoil, including most recent polypropylene unit in Kstovo, Russia

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Oct 08, 2020, 10:00 ET

HOUSTON, Oct. 8, 2020 /PRNewswire/ -- Lummus Technology today announced that its Novolen business has been awarded a contract by Lukoil Burgas for a petrochemical facility in Bulgaria. Lummus' scope includes the technology license for a 280 kta polypropylene unit as well as basic design engineering, training and services, and catalyst supply.

"It's an honor to have Lukoil as a repeat customer for our innovative technologies. This award is the second significant polypropylene contract we've signed with Lukoil recently," said Leon de Bruyn, Lummus Technology's President and Chief Executive Officer. "Major operators such as Lukoil understand the advantages of our Novolen technology, because it offers the industry's lowest overall capital and operational costs, while providing customers with the best range in products, process reliability and flexibility in responding to market needs."

The award increases the total amount of licensed volume for Novolen technology worldwide to more than 17.5 million tonnes per annum.

Lummus Novolen Technology GmbH licenses polypropylene technology and provides related engineering and technical support/advisory services. Novolen also supplies NHP^® catalysts for the production of high-performance polypropylene grades and NOVOCENE^® metallocene catalyst for the production of special polypropylene grades.

About Lummus Technology
With a heritage spanning more than 110 years and a focus on innovation that has resulted in approximately 130 technologies and 3,400 patents, Lummus Technology is the global leader in developing and implementing process technologies. We are a Master Licensor of petrochemical, refining, gasification and gas processing technologies, and a supplier of catalysts, proprietary equipment and related services to customers worldwide. To learn more about the new Lummus, visit www.LummusTechnology.com.

SOURCE Lummus Technology, LLC