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LyondellBasell awarded US energy grant


LyondellBasell Industries received a $4.5m (€3.6m) grant from the US Department of Energy to develop catalyst-assisted ethane cracking technology that is more energy-efficent and environmentally friendly.
The Netherlands-based firm is partnering with Quantiam Technologies and BASF Qtech to develop the new technology in a three-part programme over the next three years.
The project’s estimated cost, in addition to the DOE grant, is $2.2m (€1.8m).
LyondellBasell said the new technology will lower the cost of energy production and reduce greenhouse gas emissions.
On 12 June, the DOE awarded more than $54m (€43m) in grants to 13 projects aimed at increasing energy efficiency and reducing the cost of US manufacturing.


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