Technip Energies announce strategic Licensing Collaboration Agreement with SABIC for CTR® LDPE Technology
Technip Energies becomes the exclusive worldwide licensor of SABIC’s CTR LDPE technology, deepening a partnership that began in 1996.
Rhea-AI Summary
Technip Energies (THNPY) signed an exclusive Licensing Collaboration Agreement with SABIC under which Technip Energies will serve as worldwide licensor of SABIC’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.
The agreement extends a cooperation dating back to 1996, during which Technip Energies provided basic design, engineering, construction and start-up services for CTR®-based plants and built substantial operational expertise. The company states that combining SABIC’s CTR® technology with its own capabilities in design, equipment fabrication and high-pressure LDPE plant execution positions it to accelerate deployment of high‑performance LDPE solutions globally and help producers scale efficiently, safely and reliably to meet growing LDPE demand.
Technip Energies reports 2025 revenues of €7.2 billion, with 18,000+ employees across 35 countries.
Positive
- Exclusive worldwide licensor role for SABIC CTR® LDPE technology under new agreement
- Decades of CTR® involvement since 1996 in design, engineering, construction and start-up
- 2025 revenues reported at €7.2 billion, showing substantial existing business scale
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Technip Energies (PARIS:TE) and SABIC have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC’s well-established Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.
This agreement expands the long-standing cooperation between the two companies and combines SABIC’s industry-leading technology with Technip Energies’ extensive experience in Polyolefins.
Technip Energies has supported the CTR® technology since 1996, contributing to basic design, engineering, construction and start-up activities, building deep operational and execution expertise.
Stephane Mespoulhes, Senior Vice President Ethylene and Polyolefins at Technip Energies, commented: “This agreement marks a significant step forward in our long-standing partnership with SABIC and strengthens Technip Energies’ position as a key player in LDPE technology licensing. By combining SABIC’s proven CTR® technology with our deep expertise in the design, fabrication of equipment, and execution of high-pressure LDPE plants, we are uniquely positioned to accelerate the deployment of high-performance LDPE solutions worldwide. Together, we enable producers to scale efficiently, safely, and reliably, meeting growing market demand while delivering tangible value to our customers.”
About Technip Energies
Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.
Through collaboration and excellence in execution, our 18,000+ employees across 35 countries are fully committed to bridging prosperity with sustainability for a world designed to last.
Technip Energies generated revenues of
For further information: www.ten.com
Contacts
Investor Relations
Phillip Lindsay
Vice-President Investor Relations
Tel: +44 207 585 5051
Email: Phillip Lindsay
Media Relations
Jason Hyonne
Press Relations & Social Media Manager
Tel: +33 1 47 78 22 89
Email: Jason Hyonne
Attachments
- Strategic Licensing Collaboration Agreement with SABIC
- Strategic Licensing Collaboration Agreement between Technip Energies and SABIC
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What role will Technip Energies play under the Licensing Collaboration Agreement?
Under the Licensing Collaboration Agreement, Technip Energies will act as the worldwide licensor of SABIC’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology, leveraging its experience in design, equipment fabrication and high-pressure LDPE plant execution.
How long have Technip Energies and SABIC been cooperating on CTR® technology?
Technip Energies has supported CTR® technology since 1996, contributing to basic design, engineering, construction and start-up activities for CTR®-based LDPE plants.
What are Technip Energies’ main business segments?
Technip Energies describes two complementary business segments: Technology, Products and Services (TPS) and Project Delivery, which aim to turn innovation into scalable industrial reality.
How large is Technip Energies in terms of workforce and geographic footprint?
Technip Energies reports having more than 18,000 employees across 35 countries, supporting its global technology and engineering activities.
Where is Technip Energies’ equity traded?
Technip Energies is listed on Euronext Paris and also has American Depositary Receipts that trade over the counter.