Company Overview of Lummus Technology Inc.
Lummus Technology Inc. offers licensing services for chemical technologies in the hydrocarbon industry. Its refining technologies provide solutions for bottoms upgrading, hydroprocessing, reformulated fuels, and high octane blending components. The company licenses ethylene technologies; a gas phase polypropylene process for the production of polypropylene products; and chemical technologies with products, such as styrenics and polystyrene, phenolics, and light hydrocarbons, as well as other assorted specialty chemicals, including dimethyl carbonate, diphenyl carbonate, and maleic anhydride. It also offers aftermarket services, including technical support, training, and licensee conferences....
1515 Broad Street
Bloomfield, NJ 07003-3096
Founded in 1907
Key Executives for Lummus Technology Inc.
Compensation as of Fiscal Year 2014.
Lummus Technology Inc. Key Developments
Lummus Technology Inc. Announces Earnings Results for the Third Quarter Ended September 30, 2013
Oct 29 13
Lummus Technology Inc. announced earnings results for the third quarter ended September 30, 2013. The company had a strong quarter reporting revenue of $156 million compared to $151 million in the third quarter of 2012. The increase in revenue reflects a greater volume of heat transfer and licensing revenue from a higher beginning-of-the-year backlog. Third quarter operating income totaled $45 million, benefited from the -- benefiting from a timing of delivering licensing activities and reflecting the increase in refining-related equity earnings.
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