TechnipFMC Signs Agreement with KEM ONE to License Suspension PolyVinyl Chloride Technology

News | June 21 2018

TechnipFMC Signs Agreement with KEM ONE to License Suspension PolyVinyl Chloride Technology

LONDON, PARIS, HOUSTON, June 21, 2018 - TechnipFMC announced today that it has signed an exclusive cooperation agreement with KEM ONE to support the marketing and licensing of KEM ONE's Suspension PolyVinyl Chloride (S-PVC) technology. 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.

Stan Knez, Senior Vice President Onshore Process Technology for TechnipFMC, said: 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.

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.

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About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients' project economics.

We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.

Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.

To learn more about us and how we are enhancing the performance of the world's energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC.

Contacts

Cindy Viktorin

TechnipFMC Process Technology

Tel: +1 281-848-5261

Email: cindy.viktorin@technipfmc.com

About KEM ONE

KEM ONE is the second largest producer of PVC in Europe. Mainly located in France, it has 1,300 employees and an annual turnover of 800 million. Its eight industrial sites manufacture a wide range of PVC resins, caustic soda and chlorine derivatives. For more information visit http://www.kemone.com

LINK:	https://www.technipfmc.com/en/media/news/2018/06/technipfmc-signs-agre...
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