GTC Forms Cooperative Agreement with Total

HOUSTON–(BUSINESS WIRE)–GTC Technology LP and Total have agreed to a partnership to develop an
innovative natural gas conversion process. The process will use less
energy to manufacture the raw material used in the making of plastics
and use less raw material overall, thus saving capital costs and being
more environmentally friendly.

The partnership’s objective under this R&D program is to convert natural
gas (i.e. methane) to molecules with a high-added value such as olefins
(ethylene and propylene) and aromatics (benzene and xylenes), which are
the components of plastics (polyethylene, polypropylene, polystyrene,
PET and others).

This technology could be implemented in the medium term at Total's
petrochemical sites, where natural gas is less costly and more readily
available.

GTC Technology, based in Houston, Texas, is a global licensor of
aromatics and polyester intermediates technologies, offering many novel
and cutting-edge processes. These include GT-BTX PluS®,
GT-TolAlk℠, CrystPX℠ and others.

For more information, please contact Chuck Fink, Corporate
Communications Manager, at [email protected].

GTC Technology, 900 Threadneedle, Suite 800, Houston, Texas 77079

Contacts

GTC Technology
Chuck Fink
Corporate Communications Manager
[email protected]