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LyondellBasell Pursues New Electric Furnace Technology, Collaborates With Technip Energies and ChevronPhillips

LyondellBasell (NYSE: LYB) today announced it has signed a memorandum of understanding (MOU) with Technip Energies and Chevron Phillips Chemical to potentially design, construct and operate a demonstration unit using Technip Energies' electric steam cracking furnace technology.
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