In Houston, Lummus Technology and Citroniq Chemicals have signed a letter of intent to develop biobased polypropylene projects in North America. These projects will use Lummus’ Verdene™ PP technology suite, which converts biobased ethanol into PP. The companies envision an investment of $5 billion to build 3.5 billion lbs in annual PP capacity over several projects.
The investments will meet the market’s “growing need for sustainable, carbon negative polypropylene at a competitive price,” Mel Badheka, Principal and Co-Founder of Citroniq Chemicals, said in a press statement.
Kelly Knopp, Principal and Co-Founder of Citroniq Chemicals, said Citroniq’s first plant, located in the Midwest, is scheduled to begin operations in 2026. The plant will sequester about 1.2 million metric tons of CO2 annually, providing customers an “impactful solution for reducing their carbon footprint and meeting their ESG goals,” Knopp added.