Chevron Lummus Global Announces Joint Development Agreement with Saudi Aramco

2/2/2018
Media: Thad Sauvain, +1 510 242 4629 thad.sauvain@chevron.com
 
Richmond, CA – Feb. 2, 2018 – Chevron Lummus Global LLC (CLG) today announced it has entered into a technology Joint Development Agreement with Saudi Aramco that includes CB&I, for the development, commercialization and marketing of innovative crude-to-chemical technologies.
 
Together, Saudi Aramco, CLG and CB&I will develop a unique integration of advanced technology processes for the production of high-value petrochemicals from crude oil. Specifically, CLG’s hydroprocessing technologies and CB&I’s ethylene cracker technology combined with Saudi Aramco’s proprietary Thermal Crude to Chemicals (TC2C™) technology will provide the platform for this joint development.
 
“CLG’s hydroprocessing technologies and CB&I’s ethylene cracker technology combined with Saudi Aramco’s related technologies will provide a strong foundation for this joint development,” said Leon de Bruyn, CLG’s Managing Director “We are excited to be working with Saudi Aramco and making a positive impact on our industry by demonstrating an innovative approach to crude to chemicals.”
 
About Chevron Lummus Global 
Chevron Lummus Global LLC (CLG), a joint venture between Chevron U.S.A. Inc. and Lummus Technology Ventures LLC, a wholly owned subsidiary of CB&I, is a leading process technology licensor for refining hydroprocessing technologies and alternative source fuels, as well as a global leader in catalyst system supply. CLG offers the most complete bottom-of-the-barrel solution for upgrading heavy oil residues. Our research and development experts are continuously seeking advancements in technology and catalysts that will improve operating economics for your next project. For more information, visit www.chevronlummus.com