-- Deployment of Chemetry's technology platform is a significant step towards 
making the production of PO more sustainable

Chemetry, a company focused on developing lower energy technologies in the 
chemical space, and TechnipFMC, a global leader in the engineering and 
construction of onshore/offshore, subsea and surface projects, have signed an 
exclusive cooperation agreement for the licensing and engineering of Chemetry's 
eShuttle(TM) technology for the production of Propylene Oxide (PO). PO is a 
commodity chemical produced worldwide and used primarily in polyurethanes 
products, coatings, and personal care products. Compared to most commonly used 
processes, Chemetry's PO production technology significantly lowers energy use, 
reduces carbon footprint and capital expense, and nearly eliminates waste water 
generation.

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The technology uses a unique metal halide ion process to produce high purity PO 
without generating harmful chlorine gas or large quantities of waste water. 
Compared to the chlorohydrin process, the eShuttle(TM) PO process uses 60% less 
electrical power and has no waste water effluent to treat. The anticipated 
capital cost for the eShuttle(TM) process is approximately 25% less than the 
cost for a comparable world scale facility.

The agreement leverages Chemetry's expertise in electrolyzer design, 
electrochemistry, and catalysis with TechnipFMC's global strength in technology 
licensing, process scale-up, engineering and procurement. TechnipFMC's Process 
Technology center in Boston, Massachusetts, which has extensive first-of-a-kind 
technology development and engineering experience, will manage the agreement. 

"Since its founding, Chemetry has been focused on redefining how chemicals are 
made. Our technologies lower energy requirements, reduce environmental impact, 
and provide for safer operations while at the same time improving margins," 
said Dr. Ryan Gilliam, Chemetry CEO. "Our first solution is for the production 
of EDC, and with our new process for PO, we are unveiling a platform with a 
lasting positive impact on the chemical industry and the environment overall."

The eShuttle(TM) PO technology consumes only electricity, propylene and oxygen, 
producing PO in a near zero discharge process. As with the company's EDC 
Process, by reusing portions of an existing plant's infrastructure and process, 
retrofits of existing PO plants are possible. In addition, the lower capital 
and operating expense offer the opportunity for smaller plants to be located 
near existing customers, further reducing the carbon footprint of the supply 
chain.

Stan Knez, President, TechnipFMC Process Technology, states: "TechnipFMC is 
pleased to work with Chemetry on this innovative project. Our strong 
technology, engineering and commercialization experience coupled with 
Chemetry's catalysis and electrochemistry expertise will enable us to provide 
customers with a complete technology and engineering package, a single point of 
interface and the highest quality standards. With the support of TechnipFMC's 
technical team in Boston, we look forward to bringing the technology forward to 
full commercialization."

About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface 
projects. With our proprietary technologies and production systems, integrated 
expertise, and comprehensive solutions, we are transforming our clients' 
project economics.

We are uniquely positioned to deliver greater efficiency across project 
lifecycles from concept to project delivery and beyond. Through innovative 
technologies and improved efficiencies, our offering unlocks new possibilities 
for our clients in developing their oil and gas resources.

Each of our more than 37,000 employees is driven by a steady commitment to 
clients and a culture of purposeful innovation, challenging industry 
conventions, and rethinking how the best results are achieved.

To learn more about us and how we are enhancing the performance of the world's 
energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC.

About Chemetry

Leveraging its world class laboratories and piloting facilities, Chemetry is 
focused on developing lower energy technologies in the chemical space. 
Supported by a diverse team of engineers, scientists and plant operators, the 
company maintains an active research and development program and holds over 50 
patents in the chemical space.

SOURCE: Chemetry

CONTACT: Robert Snyder, +1 (404) 823-3902, rsnyder@chemetrycorp.com