ITALY: Versalis, KBR enter cooperation agreement to license EB/SM production technologies

Eni's Versalis and KBR have entered into a cooperation agreement for KBR to license Versalis' proprietary ethylbenzene and styrene monomer (EB/SM) technologies.

The companies will offer competitive and flexible EB/SM production technologies using Versalis' zeolitebased catalysts and expert design capabilities, said Eni. KBR will provide engineering support to deliver the license packages to clients.

"The technological cooperation with KBR offers the opportunity to enhance our know-how and the value it brings," Versalis Chief Executive Daniele Ferrari noted.

"This is a great opportunity for KBR to expand our chemicals technology portfolio, providing innovative technologies that give our customers a competitive advantage in today's markets," explained KBR President of Technology and Consulting John Derbyshire.

Source: Weekly “PetroChemical News”, Durham, NC, USA; 9 Nov 2015
(Syed Rashid Ali, Karachi, Pakistan)