French LNG storage technology company GTT has another successful year in patent applications in France
Gaztransport and Technigaz (GTT), the French LNG storage technology company, has increased its annual list of patent applications made to the Patent and Trademark Office in France, l’Institut National de la Propriété Industrielle.
The GTT group said it filed a total of 64 patents in 2023, an increase compared with 2022, thus maintaining its position as a technological leader in the category of intermediate-sized enterprises (ETIs) in France.
With 61 patents filed with the INPI, GTT said it secured the second position in the 2023 INPI ranking of patent-filing ETIs.
GTT also filed three more patents with the European Patent Office (EPO) in 2023.
Broadening technology
The group’s order book has designs for GTT storage and conventional carriers and containment tanks for LNG-powered vessels.
GTT’s earnings come from its technology licensing, hence the importance of the patents pipeline.
“Over the past decade, GTT's technological solutions have played a significant role in reducing greenhouse gas emissions from LNG carriers and optimizing the energy performance of its ship-owner clients,” explained the Paris-based company.
GTT’s core business has been centred around designs for tanks such as the Mark III membrane containment system.
However, GTT said it was now implementing an “ambitious innovation roadmap” in its adjacent markets and in its digital activities, as well as in the field of “zero-carbon” solutions at the subsidiary Elogen.
“With 61 patents filed with INPI and three patents filed with the European Patent Office, 2023 confirms the group's position of excellence in innovation and R&D and underlines GTT's technological stance,” said Philippe Berterottière, Chairman and Chief Executive of GTT.
“I would like to extend my congratulations to Soitec for claiming the top spot in 2023 with 62 patents filed in France, and I am pleased to witness the dynamic technological innovation among French mid-sized companies,” stated Berterottière.
He was referring to France's Soitec SA, a company that is involved in the microelectronics industry, designing and manufacturing innovative semiconductor materials.
It was also previously well known for licensing the patents for organisations such as French Atomic Energy Commission.
GTT patent ranking
June 8 (LNGJ) - French LNG storage tanks technology firm GTT was ranked first in the list of intermediate-sized companies (ETIs) issued by the France-based National Institute of Industrial Property (INPI) for patent applications, numbering 58 patents. In the ranking of the Top 50 patent applicants in all categories, GTT came in 30th place. “This ranking confirms GTT's strong capacity for innovation. With a research and development budget representing 10 percent of its turnover in 2020, GTT places innovation at the heart of its strategy, in all its activities,” said the company.
