BASF Corp. and Quantiam Technologies Inc. have formed a joint-venture business called BASF Qtech to commercialize catalytic surface coatings for steam-cracker furnace tubes.
The start-up business will operate as an independent entity. Edmonton, Alberta, Canada-based Quantiam will provide research and development and technical services support for the new business. BASF’s catalysts division in Iselin, N.J., will provide marketing and sales support.
The catalytic surface coatings developed by Quantiam are applied on the internal surfaces of steam cracker furnace tubes and coils, enabling the catalytically assisted manufacture of olefins. The coatings are designed to improve operational profitability of petrochemical furnaces by reducing carbon formation.
Visit www.chemicalprocessing.com/industrynews/2005/066.html for previous CP coverage of this development.
For more information, visit http://www.basf.com.
