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Ketjen Corporation and Axens SA today announced a change to Ketjen and Axens' ownership of and collaboration with Eurecat. Under the agreements, Ketjen will extend its collaboration with Eurecat on advanced catalyst technologies and services, including regeneration, rejuvenation, ex-situ sulfiding, and spent catalyst processing. In addition, Ketjen will sell its 50 percent ownership stake in Eurecat SA to Axens, along with Ketjen's Isomerization Catalysts business. Following the completion of the transaction, which is subject to regulatory approval, Axens will assume full ownership of Eurecat.
Eurecat is a world-leading services provider of regeneration, rejuvenation, recycling of spent catalysts along with ex-situ activation of fresh catalysts. Post-acquisition, Eurecat will continue serving the entire market, all operators, and all catalysts manufacturers, and will collaborate with Ketjen on advanced catalyst technologies as part of this long-term agreement.
Posted In: ALB
