28 February 2013 19:42 [Source: ICIS news]
HOUSTON (ICIS)--Advanced Refining Technologies (ART) signed an agreement with Chevron Lummus Global (CLG), under which ART will have the exclusive right to sell CLG's hydrocracking and lubes hydroprocessing catalysts, the company said on Thursday.
Financial terms were not disclosed.
The agreement will streamline supplies of hydroprocessing catalysts and improve technical service by establishing ART as the single point of contact, the company said.
ART is a joint venture made up of WR Grace and Chevron.
CLG is a joint venture made up of a Chevron subsidiary and Lummus Technology, which is part of petrochemicals engineering firm CB&I.
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