Technip (Paris, France; www.technip.com) has announced that it has entered into an agreement with Air Liquide Global E&C Solutions Germany to purchase the entirety of its Zimmer polymer technology business. Based in Frankfurt, Germany, the business includes technologies for the processing of polyesters and polyamides, research and development facilities, and a team of around 40 skilled engineers, researchers and project teams.
Technip plans to integrate the new polymers technology business through Technip Stone & Webster Process Technology, the onshore global business unit formed in 2012 to manage the company’s expanding portfolio of downstream process technologies.
Stan Knez, senior vice president, Technip Stone & Webster Process Technology, commented: "The state-of-the-art Zimmer polymer technology portfolio and the team’s 60 years of experience in the industry will reinforce our focus on technology as a way to differentiate us from our competitors. We look forward to welcoming this talented group to the Technip team.”