CLG's Catalyst Portfolio is being renewed.

Chevron Lummus Global (CLG) announced an agreement to transform the catalyst business initially established in 2001 as a joint venture between W.R. Grace & Co. and Chevron U.S.A. Inc. under Advanced Refining Technologies (ART). This agreement will not only strengthen CLG's catalyst business segment but also enhance its ability to integrate customer offerings.

With the purchase of Grace's stake in ART, CLG now owns the full ownership, and the ART portfolio has been divided between CLG and Grace. This allows CLG to add a range of catalysts that can be better integrated with its technology portfolio.

CLG CEO Rajesh Samarth stated, "Expanding CLG's catalyst business will be a significant step toward offering more integrated technology and catalyst solutions. Our opportunity to grow our catalyst portfolio will increase, allowing us to better meet evolving customer needs by bringing innovative products to market more effectively."

CLG will develop, sell, and provide technical support for catalyst applications on its EnHance™ isomerization portfolio for hydrocracking, oil hydrotreating, and renewable hydrotreating. ART will continue to manage catalyst applications on its EnRich® portfolio for fixed bed resid, fluidized bed resid, distillate hydrotreating, and renewable hydrotreating.

Thomas Deman, President of Grace's Performance Catalyst Solutions, commented, "This agreement marks an exciting new phase in our long-term collaboration with CLG. We are proud to continue supporting CLG's hydrocracking, oil, and EnHance™ catalyst offerings."

The new structure will enable CLG and ART to focus more on areas that best align with their business capabilities and strategic goals in the hydrotreating catalyst market. Both companies remain committed to the hydrotreating catalyst industry and are dedicated to helping improve customer profitability through catalytic solutions across various feedstock sources.