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Houston company secures deal to launch recycling tech in South Korea

Lummus Technology will roll out its advanced plastics recycling technology in South Korea. Photo via Canva

A Houston-based company with a suite of technologies and energy solutions has announced a new deal that will take its business to South Korea.

Lummus Technology reached an agreement with Dongyang Environment Group to roll out Lummus' advanced plastics recycling technology in Seosan, Chungcheongnam-do, South Korea, and will be operated by Dongyang Environment's subsidiary, Seohae Green Chemical.

"We are pleased to announce this agreement with Dongyang Environment, one of South Korea's leading providers of energy and environmental services," Greg Shumake, vice president and managing director of Green Circle, says in a press release. "This is a significant step forward in our commitment to the circular economy and to deploying advanced plastics recycling technology in South Korea and other key markets around the world."

Lummus' Green Circle technology converts plastic waste into chemicals and feedstocks, creating circularity. The platform "concentrates and expands Lummus Technology’s capabilities to capture new opportunities in the energy transition and circular economy," per the release.

"Dongyang's resource recycling and energy conversion expertise and Lummus' world-class technology will create strong synergies," Byung Jin Song, the head of Dongyang Environment R&D center, says in the release. "Additionally, Dongyang will strengthen its position in the chemical recycling industry, offering more sustainable products and increased value to our customers."

Last month, Lummus remarked that its interested in expanding contracts in the Middle East.

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A View From HETI

A new joint venture will work on four projects supplying 5 gigawatts of power from combined-cycle power plants for the ERCOT and PJM Interconnection grids. Photo via Getty Images.

Houston-based power provider NRG Energy Inc. has formed a joint venture with two other companies to meet escalating demand for electricity to fuel the rise of data centers and the evolution of generative AI.

NRG’s partners in the joint venture are GE Vernova, a provider of renewable energy equipment and services, and TIC – The Industrial Co., a subsidiary of construction and engineering company Kiewit.

“The growing demand for electricity in part due to GenAI and the buildup of data centers means we need to form new, innovative partnerships to quickly increase America’s dispatchable generation,” Robert Gaudette, head of NRG Business and Wholesale Operations, said in a news release. “Working together, these three industry leaders are committed to executing with speed and excellence to meet our customers’ generation needs.”

Initially, the joint venture will work on four projects supplying 5 gigawatts of power from combined-cycle power plants, which uses a combination of natural gas and steam turbines that produce additional electricity from natural gas waste. Electricity from these projects will be produced for power grids operated by the Electric Reliability Council of Texas (ERCOT) and PJM Interconnection. The projects are scheduled to come online from 2029 through 2032.

The joint venture says the model it’s developing for these four projects is “replicable and scalable,” with the potential for expansion across the U.S.

The company is also developing a new 721-megawatt natural gas combined-cycle unit at its Cedar Bayou plant in Baytown, Texas. Read more here.

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