IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

BASF Signs Catalytic Surface Coatings Deal

10:27 AM MDT | September 7, 2011 | Rebecca Coons

BASF says it has formed a catalytic surface coatings company with Quantiam Technologies, an Edmonton, Alberta-based manufacturer of advanced materials for extreme and critical-use industrial applications. Financial terms of the deal were not disclosed. The new business, named BASF QTech, will be run as an independent entity and focused on commercializing steam cracker furnace tube coatings developed by Quantiam Technologies. The coatings dare applied on the internal surfaces of steam cracker furnace tubes and coils, enabling the catalytically-assisted manufacture...

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