# Haldia Petrochemicals and Rhône acquire Lummus Technology for €2.4 billion

Haldia Petrochemicals, in a joint purchase with Rhône, acquired Lummus Technology for EUR 2.4 billion. Lummus Technology includes technology for C3 production.

- Type: Acquisition
- Announced: 2020-07-15
- Value: $2.72B (2.40B EUR)
- Status: completed
- Products: C3 production technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Lummus Technology](https://endata.com/companies/7089.md) (target)
- [Rhône](https://endata.com/companies/15051.md) (partner)
- [Haldia Petrochemicals](https://endata.com/companies/48571.md) (acquirer)

## Sources

- [plasteurope.com](https://www.plasteurope.com/news/HALDIA_PETROCHEMICALS_t245514), 2020-07-15: "Haldia has acquired Lummus, which includes technology for C3 production."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
