HOUSTON, June 1, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announcedย it has signed a memorandum of understanding (MOU) with Technip Energies and Chevron Phillips Chemical to potentially design, construct and operate a demonstration unit using Technip Energies' electric steam cracking furnace technology (eFurnace by T.ENโข). A joint development agreement is expected to be signed later this year.
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