ART signs hydrocracking catalyst deal with CLG
Advanced Refining Technologies LCC (ART) has signed an agreement with Chevron Lummus Global (CLG) regarding hydrocracking and lubes hydroprocessing catalysts. Under this agreement, ART will have the exclusive right to sell CLG’s hydrocracking and lubes hydroprocessing catalysts to CLG’s licensees and other petroleum refiners for unit refills.
The agreement will streamline hydroprocessing catalyst supply and improve technical service for refining customers by establishing ART as the single point of contact for all their hydroprocessing catalyst needs.
Under the agreement, ART will be the worldwide provider for hydrocracking and lubes hydroprocessing catalysts. CLG will continue to focus on its world-class technology development, licensing, design, and revamp of hydrocracking, lubricant base oil, resid hydrotreating, and resid hydrocracking plants globally.
ART is a joint venture between subsidiaries of W. R. Grace & Co. and Chevron Corporation. CLG is a joint venture between a subsidiary of Chevron and CB&I’s Lummus Technology group. (February 28, 2013)