Clariant, Petronas do business at OTC Asia (Malaysia)
- Business & Finance
Clariant, a world leader in specialty chemicals, and PETRONAS Technology Ventures Sdn Bhd (PTVSB), a technology commercialisation arm of PETRONAS, today announced that they have entered into a licensing Term Sheet Agreement.
The licensing collaboration term sheet was formalised at a signing ceremony held today at the Kuala Lumpur Convention Centre, in conjunction with the Offshore Technology Conference Asia 2014.
PETRONAS´ HycaPure™ Hg is a solid-supported ionic liquid mercury removal technology. It effectively removes elemental, organic and inorganic mercury from Natural Gas with an expected service lifespan up to 3 times greater than its competitors. It will add on to the portfolio of Clariant’s ActiSorb® GP 400 series adsorbents and complement the other extensive and excellent performing ActiSorb® products, providing integrated solutions to meet the stringent requirements of the industry.
In addition, this highly innovative adsorbent is capable of handling mercury concentration surges in the gas stream during pipeline pigging activities, which is crucial in ensuring year-round maximum equipment protection.
PETRONAS Vice President of Technology & Engineering Division, Dr. Colin Wong Hee Huing, said, “Hycapure™ Hg has already been in use at PETRONAS’ gas processing plants for more than two years and it demonstrates high adsorbent capacity and stable performance. This licensing collaboration will allow the technology to go beyond our facilities and gain valuable access to the international market.”
Clariant Senior Vice President and Head of Business Unit Catalysts, Stefan Heuser, said, “With the extended lifecycle of Hycapure™ Hg, the new addition to our ActiSorb® GP 400, we will continue helping our customers to achieve better sustainability and greater efficiency, at the same time.”