ExxonMobil Catalysts and Licensing LLC and BASF Corporation have signed an alliance agreement to jointly develop new gas treating solvents and process technologies for use in natural gas processing and petroleum refining. Under this new agreement, BASF will market and license technologies developed from this collaboration, along with FLEXSORBT and OASE technologies.
“With over 35 years of experience providing advance technologies for gas treating, we are excited to partner with BASF to provide innovative solutions to the industry,” said Chris Birdsall, president of ExxonMobil Catalysts and Licensing LLC. “The alliance leverages our collective expertise to meet customer needs by providing technologies to increase capacity, reduce energy consumption, and meet tighter sulfur specifications.”
“By bringing together two highly capable research and development teams, we expect to accelerate technology development and reduce the time to market,” said Heidi Alderman, senior vice president, Intermediates, for BASF Corporation. “The next generation technologies will offer significant performance improvements for the benefit of our customers.”
(Source: ExxonMobil Catalysts and Licensing LLC)
