Axens to acquire Criterion’s catalytic reforming catalyst business
Axens North America has signed an agreement with Criterion Catalysts & Technology and Shell that allows for the purchase of Criterion’s catalytic reforming catalyst business. The specifics of the deal allow Axens to obtain Criterion’s Willow Island, West Virginia, manufacturing plant for reforming catalyst and appropriate intellectual property rights to pursue such business.
“The acquisition of Criterion’s catalytic reforming business will further strengthen our offer in the area of catalytic reforming for gasoline and aromatics production and help us better serve our customers. The Willow Island plant will provide us with additional growth potential worldwide. Axens is very pleased to welcome on board the Willow Island team that has successfully developed this business,” said Jean Sentenac, chairman of Axens Group.
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