Technip Energies, a leading provider of services and technologies for the energy industry, and Shell Catalysts & Technologies, a global leader in catalyst technology, have entered into a technology transfer agreement to accelerate the commercialization of Technip Energies’ Bio-2-Glycols technology for producing bio-based Mono Ethylene Glycol (MEG) from glucose.
MEG is commonly used as a feedstock to produce polyesters for various applications, including packaging materials and clothing. The traditional production process relies on fossil-based feedstocks, which can have a significant environmental impact. The Bio-2-Glycols technology, developed by Technip Energies, offers a bio-based alternative by using glucose as a feedstock, resulting in a lower carbon footprint and reduced environmental impact.
The collaboration between the two companies combines Shell’s research and development expertise with Technip Energies’ bio-MEG technology to create a more efficient and sustainable solution. The combined technology will be commercialized under the Bio-2-Glycols trademark.
Wei Cai, chief technology officer, of Technip Energies commented: “We are pleased to have completed this agreement which allows us to propose an optimized, combined solution to make bio-MEG, a common feedstock for various everyday life applications. We are confident about rapidly commercializing our Bio-2-Glycols technology. Our objective is to offer this technology in 2025 which will contribute significantly to the net zero challenge.”
Elise H. Nowee, president of Shell Catalysts & Technologies added: “By integrating Technip Energies’ expertise with our own development work on Bio-2-Glycols, we’re poised to expedite the deployment of sustainable alternatives to fossil-based feedstocks, driving innovation, and together, paving a way for a more efficient and sustainable solution in this area.”
