ExxonMobil and Albemarle together create a new Galexia™ platform
Category: #business  By Pranali Mehta  Date: 2019-11-02
  • share
  • Twitter
  • Facebook
  • LinkedIn
ExxonMobil and Albemarle together create a new Galexia™ platform

ExxonMobil Corporation, a renowned US-based oil and gas company, and Albemarle, a renowned US-based chemical manufacturing firm, reportedly unveiled their new Galexia™ platform. This new platform is designed for the refining industry and is a transformative hydroprocessing portfolio of catalyst and service solutions.

The Galexia platform enables an enhanced way of doing business, making sure that the customer requirements are addressed better at each stage across the value chain.

The partnership between Albemarle and ExxonMobil makes their long-term relationship stronger in specialty hydroprocessing.

As a result of this, consumers would greatly benefit from access to integrated dewaxing and pretreat solutions via a single partner that offers refinery owner/operator as well as catalyst experience both.

Leveraging the technical expertise uniquely, refinery operating know-how as well as the successful track record of the two enterprises, customers are provided access to the state-of-art hydroprocessing catalysts and the company’s immense catalyst load optimization experience.

The new platform goes a step further of conventional product offerings to help refiners further optimize efficiency and performance by analyzing operations and finding opportunities to draw out additional value around the plant.

President of ExxonMobil Catalysts and Licensing LLC, Dan Moore stated that refiners demand superior products and higher opportunities for to optimize their operations and create value.

Moore added that with a comprehensive and unique solutions suite present in Galexia, the company is focused on supporting its customers to achieve higher productivity levels in an increasingly competitive environment.

President of Albemarle Catalysts, Raphael Crawford stated that the new Galexia platform would create great value as the company is integrating complementary strengths applied in decades of catalyst application and development knowledge with a unique refinery operation experience.

Crawford added that the company is ready to work with its customers to further capitalize on the full potential of the of catalyst activity.

Meanwhile, recently, Albemarle announced the completion of Lithium JV, which it had Australian mining infrastructure service provider, Mineral Resources Limited.

Moreover, ExxonMobil recently signed new agreements with some of the Indian Institute of Technology  institutes in India for low-emissions technology research.
 

Source credit: https://apnews.com/Business%20Wire/70f5007290fe42eb847e482274626bdf

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
By Pranali Mehta

RedBrick AI, the health-tech startup has reportedly raised $4.6 million in a funding round, which was led by Sequoia India and Southeast Asia’s Surge. According to reports, this fund will be used to expand the market for RedBrick’s medica...

UK increases borrowing as energy support starts and economy declines
UK increases borrowing as energy support starts and economy declines
By Pranali Mehta

The UK has reportedly increased its borrowings as government assistance with energy costs and the effects of a weak economy led to an increase in the UK public debt last month to the fourth highest level for an October on record. Office for Nation...

China signs one of its biggest, longest LNG deals ever with Qatar
China signs one of its biggest, longest LNG deals ever with Qatar
By Pranali Mehta

China inked a historic agreement worth US$ 60 billion to buy liquified natural gas (LNG) from Qatar as the largest economy in the world seeks to boost its energy security efforts for decades. Qatar Energy will supply Sinopec around 4 million tonne...