MOSCOW (MRC) -- TechnipFMC announced that it has signed an exclusive cooperation agreement with KEM ONE, Europe’s third-largest producer of polyvinyl chloride (PVC), to support the marketing and licensing of KEM ONE’s Suspension PolyVinyl Chloride (S-PVC) technology, as per Hydrocarbonprocessing.
PVC is a common plastic used in the construction of pipes, doors, windows, cable insulation and signage.
S-PVC is obtained through the polymerization of vinyl chloride monomer in dispersed water. In the last 10 years, KEM ONE has the largest market share in licensing of S-PVC in terms of capacity.
"We are delighted by the signature of this agreement with today’s leading PVC licensor and are pleased to propose to our clients a global portfolio of high quality technologies for the vinyls chain," Stan Knez, Senior Vice President Onshore Process Technology for TechnipFMC said.
TechnipFMC’s operating center in Lyon, France, a center of excellence for polyolefins, chemicals, petrochemicals and bio-sourced products, is managing the agreement and will support KEM ONE’s licensing efforts and prepare the Process Design Packages.
TechnipFMC Process Technology is a global network of centers which look after the company’s expanding portfolio of onshore process technologies in petrochemicals, refining, hydrogen and syngas, polymers and gas monetization.
Kem One, a fully integrated vinyl production company, was established mid-2012 following the acquisition of Arkema's vinyl products division by the Klesch Group. The company employs 2,600 people at 22 manufacturing sites, primarily in Europe but also in Asia and North America. Europe’s third-largest producer of PVC with revenues in excess of one billion euros, Kem One continues to grow and build on its numerous strengths with a view to becoming market leader for integrated vinyl solutions.
MRC