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BEIJING, CHINA: Sinopec Engineering (Group) Co Ltd (SEG) and ExxonMobil Research and Engineering Company (EMRE) are participating in a cooperative development agreement (CDA) for advancement of fluid bed methanol to gasoline technology. The CDA will leverage the two companies’ expertise and experience in methanol conversion to gasoline (MTG) and fluid bed technology development to refine and commercialize a fluid bed version of MTG technology. The two companies are developing the technology under the cooperative development agreement with the intent to globally license the technology.
“With more than 40 years of research and development experience in Methanol Gas Technology, ExxonMobil is looking forward to continuing these efforts through our cooperative agreement with SEG. Once the technology is successfully developed we anticipate it will have strong market competitiveness and broad marketability,” said Vince Alberico, Manager Technology Sales and Licensing, ExxonMobil Research and Engineering Company.
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