Worldscale Catalyst Project Grace and Chevron Build World-Scale Catalysts Plant Together
Grace and Chevron have big plans for their catalyst joint-venture Advanced Refining Technologies: Together, the companies plan to spend around US $ 135 in a worldscale catalyst production site in Louisiana.
Columbia, Maryland/USA – Both companies agreed on an existing Grace facility in Lake Charles, Louisiana, as the future location for a joint residue hydroprocessing catalyst plant and additional alumina capacity. Construction shall begin this year with completion scheduled for 2018.
An ever-increasing global push for bottom-of-the-barrel upgrading is leading to a significant increase in investment by refiners for fixed bed resid hydrotreating and ebullating bed resid hydrocracking process technologies – The joint venture Advanced Refining Technologies shall help to secure a piece of the action, as these new planned, proposed or under construction refining units have an increased demand for catalyst.
“Keep ART at the Forefront of Hydroprocessing”
“This will be a world-class, world-scale catalysts plant that is responding to strong global demand for ART’s industry-leading products for residue upgrading, capitalizing on the success of our licensing partner, Chevron Lummus Global,” said Fred Festa, Grace Chairman and Chief Executive Officer.
"We are pleased that this investment with Grace will keep ART and Chevron at the forefront of hydroprocessing catalysis and technology,” said Mike Wirth, Chevron Executive Vice President, Downstream and Chemicals.
Integrated into a Major Refining Catalyst Hub
One of the largest refining catalysts plants in the world, Lake Charles represents a significant portion of Grace's refining catalyst manufacturing capacity. Operating in Southwest Louisiana since 1953, Lake Charles supplies refiners all around the globe. The 120-acre site consists of four major operations producing fluid cracking catalysts, hydroprocessing catalysts, and other intermediates.