- Technip Energies (OTCPK:THNPY) and Shell Catalysts & Technologies enter into a technology transfer agreement to acquire glycol purification technology from the latter.
- The development allows combining Shell’s research and development results with Technip Energies’ bio-MEG technology to offer a more efficient, bio-based MEG technology to the market.
- The new combined technology will be commercialized under the Bio-2-GlycolsTM trademark.
- With the addition, Technip Energies intends to offer a bio-based polyester solution by replacing fossil-based feedstock using the Bio-2-GlycolsTM technology, which has lower carbon footprints and environmental impact.
2024-06-27