ExxonMobil and Badger to market a new catalytic process
ExxonMobil Research and Engineering Co. (EMRE) has signed an agreement with Badger Licensing LLC (Badger) to jointly market EMRE’s BenzOUTTM technology, a novel catalytic process to reduce benzene in gasoline while delivering other additional benefits. BenzOUT converts benzene into high octane alkylaromatics by reacting benzene-rich streams with light olefins, such as ethylene or propylene.
Developed by EMRE and licensed through Badger, this patented technology avoids the octane loss and hydrogen consumption associated with benzene saturation alternatives. This commercially demonstrated refinery process is an extension of Badger’s cumene and ethylbenzene processes, which are widely applied in the chemical industry.
“The BenzOUT agreement is a great example of how Badger and EMRE can combine their complimentary strengths in catalytic technology to produce an industry-leading process to address today's environmental and energy challenges," said Simon Hacker, EMRE technology sales and licensing executive. "We think this technology will make an important contribution to production of cleaner fuels going forward."
"Badger Licensing is well known in the chemical industry as a leading licensor of cost effective aromatic alkylation technologies,” said Mark Healey, president of Badger Licensing LLC. “The BenzOUT agreement brings together the catalyst technology strengths of EMRE with the innovative process technology expertise of Badger and makes it available to the refining industry for the first time. Not only will this technology help reduce the benzene content of gasoline and other fuels, it will also provide an alternative means to monetize light olefins in refineries."
The multi-year agreement covers the marketing and commercialization of BenzOUT to customers in the refining industry. Under the terms of the agreement, EMRE will lead the marketing effort and the supply of BenzOUT catalyst. Badger will support EMRE’s marketing efforts, and will be the responsible party for the generation of proposals and design packages, and negotiation and execution of licensing agreements.
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