Lummus Technology is a global provider of process technology and value-driven energy solutions, while RWDC Industries (Athens, Georgia, USA) is a biotechnology company developing biopolymer material solutions. Recently, the two companies signed a memorandum of understanding to collaborate on promoting the manufacture of PHAs in the global PHA deployment program.
The signing ceremony took place at Lummus' headquarters in Houston, Texas, USA, where RWDC CEO Daniel Carraway and Lummus President and CEO Leon de Bruyn signed the MOU.
will be completely biodegradable in soil, freshwater and marine environments, thus preventing the accumulation of persistent plastics and microplastics in the environment. Items produced with PHAs can also be recycled, reused or returned to the carbon cycle through organic recycling or composting systems.
Lummus' interest in pursuing this partnership is a testament to RWDC's attractiveness due to its demonstrable technological innovation and technical capabilities, business value proposition and cost per unit of economy, and existing global brand partnerships that continue to validate market demand.
RWDC is uniquely positioned in the marketplace due to scalable and cost effective biopolymer production capabilities and offers best-in-class formulation capabilities and product development guidance. Licensing and technology development through an upcoming partnership with Lummus further strengthens RWDC's position as a market leader.
