Streetbeat News

THNPY

Technip Energies N.V.

https://www.technipenergies.com/

Industry

Engineering Services

Open

24.30

Mkt cap

4.3B

Volume

7.2K

High

24.30

P/E Ratio

11.80

52-wk high

27.50

Low

24.18

Div yield

0.02

52-wk low

19.65

Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ:LNZA) have signed a Joint Collaboration Agreement to develop a sustainable ethylene production process. The process uses carbon emissions as the starting point, capturing up to 95% of the CO2 in the flue gas from ethylene crackers and transforming it into ethylene. This could help decarbonize one of the most challenging processes in the chemical industry.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 5:12 pm

Technip Energies NV has won a project management consultancy contract from Aramco for the master plan of the New Industrial City of Ras Al Khair region. The contract includes studies on the execution of the Liquid-to-Chemical Program to transform a significant part of its oil and gas production into valuable chemical products. The news led to a 1.77% increase in THNPF shares.

Portfolio Pulse from Lekha Gupta

July 05, 2023 | 10:42 am

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