France-based Technip has entered an agreement with biological chemistry company METabolic Explorer to evaluate a combined polymer technology.
By integrating technologies, the two companies aim to provide a complete industrial solution for the production of biosourced PTT. They will evaluate the combined technology package, which includes propanediol (PDO) and polytrimethylene terephthalate (PTT) technologies.
The evaluation will also feature a technical and commercial review to help develop the bundled technology package to the market for licensing.
Technip Zimmer is an operating centre in Frankfurt, Germany. It licences the PTT technology currently used to produce quality textile fibres, packaging films, and engineered plastics.
Technip noted growth of the PTT market is currently hampered by limited quantities of PDO, a feedstock used to produce PTT.
Technip Zimmer's process technology managing director Andreas Bormann said: "By bundling PDO and PTT technologies, our goal is to offer a competitive product to a market in constant search for diversified, high-quality polymers with a solid growth potential.
“By combining Technip’s strong technology and engineering capabilities with METabolic Explorer’s technical expertise, we look forward to providing our customers with a complete technology and engineering package, a single point of interface and the highest quality standards.”
Technip’s Lyon-based centre provides engineering services for METabolic Explorer’s PDO technology and will support the newly agreed evaluation effort.
METabolic EXplorer's founder and CEO Benjamin Gonzalez said: "I am glad about this partnership with Technip Zimmer, which will accelerate the deployment of the PDO technology for the PTT applications, with a market mainly located in Asia.”
The new assessment will also look for potential growth of the PTT textile fibre.