BASF, Quantiam form catalytic coatings business

BASF, Quantiam form catalytic coatings business

12:51 AM, 8th September 2011
BASF, Quantiam form catalytic coatings business
BASF headquarters. (C) BASF Photos.

 

LUDWIGSHAFEN, GERMANY: BASF has formed a new start-up business with Alberta, Canada-based manufacturing technology firm Quantiam Technologies, seeking to commercialize advanced catalytic surface coatings for steam cracker furnace tubes. Financial terms of the deal were not disclosed.

The business will be named BASF Qtech. Quantiam had previously developed coatings for use in the global petrochemical industry. Manufacturing, R&D and technical services support for the new business entity will be provided by the Quantiam team in Edmonton, while marketing and sales support will be led by BASF’s catalysts division, headquartered in Iselin, New Jersey.

“Combining financial resources and catalysis expertise of BASF with technical expertise of Quantiam, we will better meet customer needs and accelerate roll out of catalytic coating solutions,” said Richard Gay, Acting General Manager, BASF Qtech. “In fact, we expect our CAMOL Generation-1 solution for ethane-propane cracking to be available commercially this fall,” he added.

The coatings are designed to improve operational profitability of petrochemical furnaces by reducing carbon formation, increasing on-line production time and cutting maintenance times, energy expenditure and CO2 emissions.

“We are excited to work with BASF’s catalysts division to accelerate the commercialization of CAMOL technology,” said Dr Steve Petrone, CEO, Quantiam.

(C) WOC News 

 

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