Bapco Awards the Largest Catalyst Management Agreement in its History to ART for its Resid Hydrocracking Catalyst

COLUMBIA, Md., Aug. 11, 2021 (GLOBE NEWSWIRE) — Advanced Refining Technologies LLC (ART), the joint venture of US specialty chemicals and materials company W. R. Grace & Co. (NYSE:GRA) and US energy company Chevron (NYSE:CVX), today announced the award of an FCM agreement by state-owned Bahrain Petroleum Company (Bapco). The exclusive, 5-year agreement, which includes an option to renew for an additional five years, is valued at USD 240 million, the largest catalyst management agreement ever signed in Bapco’s history.

 

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