Refinery Chemicals ART Cooperates With Kuwait Catalyst on Refinery Chemicals
To produce refinery chemicals and speciality chemicals for Middle Eastern customers, ART cooperates closely with the Kuwait Catalyst Company.
Columbia, Maryland/USA – Advanced Refining Technologies, a joint venture of Chevron and Grace cooperates with Kuwait Catalyst Company (KCC) to provide specialist products for petroleum refiners in the Middle East. The agreement provides ART with access to KCC's manufacturing capacities in Kuwait while KCC profits from ART's catalyst technologies and commercial resources, including technical services. A KCC catalyst production in Shuaiba will be integrated into ART’s global manufacturing network. ART, a joint operation of Grace and Chevron, was established to develop and supply hydroprocessing catalysts and is the largest shareholder of Kuwait Catalyst Company, a privately held Kuwaiti company and a supplier of hydroprocessing catalysts for petroleum refining in the Arabian Gulf region.
“This new agreement with KCC advances ART’s strategy of expansion in emerging regions,” said Scott Purnell, Managing Director for ART. “Leveraging KCC’s manufacturing capabilities and customer relationships with ART’s technology and service establishes a strong foundation to meet current and future petroleum refining needs in the Middle East and globally.”
Woody Shiflett, Deputy Managing Director for ART, added that “ART and KCC will work jointly to ensure that refining customers receive the best technology to address their processing challenges and overcome constraints. Local production will ensure efficient lead times for refiners in Kuwait and elsewhere in the region.”
Saad Akashah, Chairman of the Board of Directors of KCC added, “This agreement provides the customers of ART and KCC with excellent products and services combined with quick response and delivery. Foremost in our minds when formulating the agreements were the needs of current and future customers in the Gulf Cooperation Council.