TechnipFMC has signed a cooperation agreement with OxyVinyls to provide licensing support of OxyVinyl’s Ethylene Di-Chloride (EDC) and Vinyl Chloride Monomer (VCM) technologies.
EDC and VCM are used primarily as feedstocks for the fabrication of PolyVinyl Chloride (PVC), a common plastic used in construction of pipe, doors, windows, cable insulation and signage. OxyVinyls has the largest market share in licensing of both technologies.
Marie-Christine Charrier, Vice President Technologies of the EMIA region for TechnipFMC, said: "We are delighted by the signature of this agreement with today’s leading EDC/VCM licensor. This agreement allows us to complement our portfolio and offer to clients a full suite of high quality technologies in the vinyls chain.”
TechnipFMC’s operating centre in Lyon, France, a centre of excellence for polyolefins, chemicals, petrochemicals and bio-sourced products, is managing the agreement and will execute the process design packages.