BASF announces three-year FCC catalysts supply and development agreement with Shell
ISELIN, NEW JERSEY, March 6, 2013 – BASF and Shell have entered into a three-year agreement that will position BASF as a supplier of fluid catalytic cracking (FCC) catalysts to Shell’s global refining network. This enhanced relationship agreement also includes collaborative activities designed to accelerate the introduction of new FCC catalyst technologies.
BASF will ensure that Shell has the most advantageous FCC catalysts in its operations at all times. Additionally, BASF will leverage its worldwide network of FCC expertise to provide state-of-the-art technical service, continually optimizing Shell’s unit operations.
“BASF is excited with the opportunity to deepen our relationship and increase our development synergies with Shell through this three-year strategic agreement,” said Herbert Exner, BASF Vice President, Refining Catalysts. “The agreement further strengthens BASF’s innovation potential by providing state-of-the-art FCC products and technical service.”
BASF is currently one of the top three producers of FCC catalysts worldwide and leads the market in the United States.
About BASF Catalysts
BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success. Further information on BASF’s Catalysts division is available on the Internet at www.catalysts.basf.com.
About BASFBASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of €78.7 billion in 2012 and had more than 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.