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EQUATE and Schmidt+Clemens Sign Cooperation Accord

Source: www.gulfoilandgas.com 5/13/2012, Location: Middle East

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EQUATE Petrochemical Company and Schmidt + Clemens Group (S+C) announced signing a strategic cooperation agreement relevant to enhance and optimize production performance of ethylene crackers. On this occasion, EQUATE Procurement Leader Ahmad Al-Saleh said, “As EQUATE owned and managed ethylene production capacities reach 1.8 million metric tons annually, this strategic accord leverages a decade long business relationship with S+C to implement solutions, best practices and latest technologies in operational and lifecycle optimization of ethylene crackers radiant coils.”

Al-Saleh added, “This partnership with S+C is a manifestation of EQUATE’s reputation and focus in the area of operational excellence as well as its determination to equally promote value adding strategic relationships through its Strategic Supplier Management Program.” On his part, S+C Centrifugal Casting Division Managing Director Thomas Hellige said, “This strategic partnership will bring both our companies the great benefit of enhancing ethylene cracking coils performance and at the same time the opportunity to explore new key technology.

Additionally, S+C Middle East Sales Director Aurelio Mu?oz appreciated EQUATE’S determination to pro-actively evaluate the option to implement the latest innovative generation of anti-coke resistant alloy, so called S+C Centralloy® HTE as a part of this strategic cooperation agreement.

Established in 1995, EQUATE is an international joint venture between Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC) and Qurain Petrochemical Industries Company (QPIC). Commencing production in 1997, EQUATE is the single operator of a fully integrated world-scale manufacturing facility producing over 5 million tons annually of high-quality petrochemical products which are marketed throughout the Middle East, Asia, Africa and Europe.

The family owned German Group, Schmidt + Clemens, is the worldwide leader producer of high alloy castings for the Petrochemical, refining, fertilizer and Direct Reduction of Iron ore IndustriesWith more than 130 years of history and 6 production mills located in Europe, America and Asia, Schmidt + Clemens owns the largest centrifugal casting capacity in the world and supplies high -performance materials with the highest quality standards. Schmidt + Clemens Added Values are focused on R&D and added services such as installation, operation and maintenance support; Schmidt + Clemens is well known for rapid response in emergency situations which require extremely short deliveries.

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