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Markets :: Specialty Chemicals :: Catalysts

Shell Sells More Catalyst Businesses

6:05 AM MST | January 7, 2011 | Natasha Alperowicz

Axens North America says it has signed an agreement with Shell's Criterion Catalysts & Technology unit and with Shell to buy Criterion's catalytic reforming catalyst business. Axens will acquire Criterion's Willow Island, WV manufacturing plant for reforming catalysts as well as intellectual property rights to that business, under the terms of the deal. Financial details were not disclosed. "The acquisition of Criterion's catalytic reforming business will further strengthen our offer in the area of catalytic reforming for gasoline and aromatics...

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