Fluid catalytic cracking

Cielo Announces Shares for Debt Transaction and Provides Additional Updates

Retrieved on: 
Monday, December 4, 2023

CALGARY, Alberta, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, announces today that it has executed an agreement for the repayment of approximately $62,000.00 in debt by way of share issuance (the “Shares for Debt Transaction”), subject to the approval of the TSX Venture Exchange (the “Exchange”).

Key Points: 
  • CALGARY, Alberta, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, announces today that it has executed an agreement for the repayment of approximately $62,000.00 in debt by way of share issuance (the “Shares for Debt Transaction”), subject to the approval of the TSX Venture Exchange (the “Exchange”).
  • As full and final repayment of CDN $62,307.70, the Company has agreed to issue 2,076,923 common shares at a price of $0.03 per share.
  • The Shares for Debt Transaction is subject to the approval of the Exchange.
  • Upon approval and issuance, the Repayment Shares will be subject to a hold period of 4 months.

Catalyte Raises $1.5M from Green Street Impact Partners to Accelerate Growth of Apprenticeship Programs

Retrieved on: 
Monday, September 18, 2023

BALTIMORE, Sept. 18, 2023 /PRNewswire-PRWeb/ -- Catalyte has announced it closed $1.5M in funding from Green Street Impact Partners, a leading ed-tech private equity fund. This is in addition to the $1.5M that company secured in July 2023. Catalyte will use the investment to accelerate the growth of its apprenticeship programs, which deliver highly-vetted talent to employers, helping both private and public sector organizations de-risk their hiring processes, increase productivity, lower costs and drive sustainable diversity.

Key Points: 
  • BALTIMORE, Sept. 18, 2023 /PRNewswire-PRWeb/ -- Catalyte has announced it closed $1.5M in funding from Green Street Impact Partners, a leading ed-tech private equity fund.
  • Catalyte will use the investment to accelerate the growth of its apprenticeship programs, which deliver highly-vetted talent to employers, helping both private and public sector organizations de-risk their hiring processes, increase productivity, lower costs and drive sustainable diversity.
  • "To have a partner like Green Street Impact Partners on board with us is spectacular," said Matthew Derella, CEO of Catalyte.
  • "For two decades, Catalyte has been a leader in talent and workforce development," said Calvin Young, general partner, Green Street Impact Partners.

Yemen Oil & Gas Market Report 2022: Trends, Infrastructure, Companies, Outlook and Opportunities 2021-2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 27, 2023

The "Yemen Oil & Gas Market Trends, Infrastructure, Companies, Outlook and Opportunities to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Yemen Oil & Gas Market Trends, Infrastructure, Companies, Outlook and Opportunities to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The Yemen oil and gas industry research includes comprehensive data and analysis on the country's oil and gas trends, oil and gas projects, planned investments, competition and market developments to 2030.
  • The study presents short term and long term trends shaping the future of Yemen oil and gas markets.
  • The report also analyzes three leading oil and gas companies operating in the Yemen oil and gas value chain.

Grace, Sohar University and OQ Inaugurate First DCR™ Pilot Plant in Oman

Retrieved on: 
Thursday, March 16, 2023

"It's very exciting to move this 15-year partnership between Grace, Sohar University, and OQ to the next level with the installation and commissioning of a Grace DCR™ Pilot Plant," said Grace CEO Bob Patel.

Key Points: 
  • "It's very exciting to move this 15-year partnership between Grace, Sohar University, and OQ to the next level with the installation and commissioning of a Grace DCR™ Pilot Plant," said Grace CEO Bob Patel.
  • The Grace DCR™ Pilot Plant, which is an important part of Oman’s Vision 2040, is a proprietary circulating riser pilot Fluid Catalytic Cracking (FCC) unit and the leading, commercially available technology for small-scale FCC pilot units.
  • Oman energy company OQ and other regional refiners are able to maximize value from existing, new and unconventional feeds by conducting research using a pilot plant.
  • The DCR™ Pilot Plant and Ecat Lab in which it operates are 100% staffed by Omani nationals, of whom 75% are women.

Albemarle Announces Launch of Ketjen Corporation

Retrieved on: 
Monday, January 30, 2023

HOUSTON, Jan. 30, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced the official brand launch of Ketjen, its wholly owned subsidiary that crafts tailored, advanced catalyst solutions for the petrochemical, refining and specialty chemicals industries.

Key Points: 
  • HOUSTON, Jan. 30, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced the official brand launch of Ketjen, its wholly owned subsidiary that crafts tailored, advanced catalyst solutions for the petrochemical, refining and specialty chemicals industries.
  • "As the industry responds to global market dynamics, our customers need innovative solutions to help them navigate their changing landscapes," said Ketjen President Raphael Crawford.
  • "The launch of Ketjen continues our legacy as a partner-of-choice for industry leaders," said Albemarle CEO Kent Masters.
  • With strong industry engagement and continuing long-term partnerships with major corporations, Ketjen will lead the industry in safe and reliable advanced catalyst solutions.

Grace Announces 2022 FCC Catalysts Pricing Actions

Retrieved on: 
Tuesday, October 4, 2022

In response to rising costs, W. R. Grace & Co. is announcing global price increases for its Fluid Catalytic Cracking (FCC) catalysts and is modifying existing surcharge mechanisms in the 4th quarter of 2022.

Key Points: 
  • In response to rising costs, W. R. Grace & Co. is announcing global price increases for its Fluid Catalytic Cracking (FCC) catalysts and is modifying existing surcharge mechanisms in the 4th quarter of 2022.
  • The demand for differentiated FCC catalyst technology remains extremely high as demand and margins for refined products have strengthened in 2022, said Tom Petti, Graces President, Refining Technologies.
  • For FCC catalysts, unprecedented levels of inflation are impacting raw materials such as caustic soda, aluminum-derived chemicals and acids.
  • Built on talent, technology, and trust, Grace, a Standard Industries company, is a leading global supplier of catalysts, engineered materials, and fine chemicals.

Grace Announces FCC Catalysts and Additives Pricing Actions

Retrieved on: 
Thursday, March 17, 2022

COLUMBIA, Md., March 17, 2022 (GLOBE NEWSWIRE) -- W. R. Grace & Co. stated today that it will increase prices for its Fluid Catalytic Cracking (FCC) catalysts and additives this year as contracts allow.

Key Points: 
  • COLUMBIA, Md., March 17, 2022 (GLOBE NEWSWIRE) -- W. R. Grace & Co. stated today that it will increase prices for its Fluid Catalytic Cracking (FCC) catalysts and additives this year as contracts allow.
  • Grace remains focused on reducing operational expenses through increased efficiencies; however, those efforts cannot completely offset unprecedented inflationary trends.
  • We will initiate pricing actions necessary to sustain our on-going investment in new technology, enhanced technical services, and leading manufacturing capabilities to serve our global customers.
  • Built on talent, technology, and trust, Grace, a Standard Industries company, is a leading global supplier of catalysts and engineered materials.

Lummus Named Winner of HP Awards for Sustainability, Refining Innovation and Executive Leadership

Retrieved on: 
Friday, October 29, 2021

HOUSTON, Oct. 29, 2021 /PRNewswire/ -- Lummus Technologyannounced that it has won multiple HP Awards from Hydrocarbon Processing, receiving recognition in categories for sustainability, executive leadership and refining technology.

Key Points: 
  • HOUSTON, Oct. 29, 2021 /PRNewswire/ -- Lummus Technologyannounced that it has won multiple HP Awards from Hydrocarbon Processing, receiving recognition in categories for sustainability, executive leadership and refining technology.
  • Lummus' President and Chief Executive Officer, Leon de Bruyn, won the Executive of the Year category.
  • And the Single Regenerator Dual Catalyst (SRDC) technology, which Lummus developed independently, won the Best Refining Technology category.
  • In 2020 and 2019, Lummus won HP Awards for its refining and petrochemical technologies, and its licensing business.

KBR Awarded Multiple Technology Contracts by PKN ORLEN

Retrieved on: 
Tuesday, July 27, 2021

HOUSTON, July 27, 2021 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that it has been awarded technology licensing contracts by PKN ORLEN (PKN) for KBR's leading Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN's Bottom-of-the-Barrel project for its Plock Refinery in Poland.

Key Points: 
  • HOUSTON, July 27, 2021 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that it has been awarded technology licensing contracts by PKN ORLEN (PKN) for KBR's leading Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN's Bottom-of-the-Barrel project for its Plock Refinery in Poland.
  • Under the terms of the contracts, KBR will provide technology licensing and basic engineering design for the SDA and RFCC units.
  • Following a PKN ORLEN final investment decision, the SDA unit will be based on KBR's market-leading supercritical solvent recovery ROSE technology and will help PKN ORLEN achieve its operating objectives, producing cleaner upgraded feedstock for the new RFCC unit.
  • "Selection of KBR's energy-efficient and sustainable technologies by PKN represents continued trust in our industry-leading refinery technologies," said Doug Kelly, KBR President, Technology.

KBR Awarded FCC Technology Contract by Raízen Argentina

Retrieved on: 
Monday, June 28, 2021

HOUSTON, June 28, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced today that it has been awarded a contract by Razen Argentina for modernizing the Fluid Catalytic Cracking (FCC) unit at its Buenos Aires Refinery.

Key Points: 
  • HOUSTON, June 28, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced today that it has been awarded a contract by Razen Argentina for modernizing the Fluid Catalytic Cracking (FCC) unit at its Buenos Aires Refinery.
  • Under the terms of the contract, KBR will provide a basic engineering package for the FCC New Configuration Project.
  • "We are proud to be a part of Razen's FCC project to modernize the unit," said Doug Kelly, KBR President, Technology.
  • "We trust KBR will deliver a state-of-the-art and more environmentally friendly modernization of our FCC unit" said Julio Ramos, Projects Director, Razen Argentina.