BASF, Quantiam form catalytic coatings business
BASF has formed a new start-up business with Alberta, Canada-based manufacturing technology firm Quantiam Technologies, seeking to commercialize advanced catalytic surface coatings for steam cracker furnace tubes.
The business is named BASF Qtech.
Quantiam had previously developed the coatings for use in the global petrochemical industry.
Manufacturing, R&D and technical services support for the new business entity will be provided by the Quantiam team in Edmonton, while marketing and sales support will be led by BASF’s catalysts division, headquartered in Iselin, New Jersey.
“By combining the financial resources and catalysis expertise of BASF with the strong technical expertise of Quantiam, we will better meet customer needs and accelerate the roll out of leading-edge catalytic coating solutions,” said Richard Gay, acting general manager for BASF Qtech.
“In fact, we expect our CAMOL Generation-1 solution for ethane-propane cracking to be available commercially this fall,” he added.
The catalytic surface coatings developed by Quantiam are applied on the internal surfaces of steam cracker furnace tubes and coils, enabling the catalytically-assisted manufacture of olefins.
The coatings are designed to improve operational profitability of petrochemical furnaces by reducing carbon formation, increasing on-line production time and cutting maintenance times, energy expenditure and CO2 emissions.
“We are excited to work with BASF’s catalysts division to accelerate the commercialization of the CAMOL technology,” said Dr. Steve Petrone, CEO of Quantiam.
“BASF’s technical and engineering strengths and global marketing presence will add great value to BASF Qtech and accelerate the availability, support and advancement of CAMOL products for customers around the world," Petrone added.
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