15-02-2012

GTC Technology to exclusively license advanced sulfur recovery technology from ConocoPhillips

GTC Technology, a global licensor of innovative process technologies, process equipment technology and mass transfer solutions, is pleased to announce an exclusive, worldwide, agreement with ConocoPhillips for its Selective Partial Oxidation of Sulfur (SPOC™) technology for sulfur recovery. ConocoPhillips is the third-largest integrated energy company in the United States, and the fourth-largest refiner worldwide, with a long heritage of technology innovation, including technologies for LNG, delayed coking, clean fuels, gasification and alkylation.
 
SPOC™ technology is the most significant innovation in the “modified Claus” technology space in the last 30 years.  Given the prevalence of “modified Claus” technology, SPOC™ technology may be expected to impact the global sulfur recovery space for the foreseeable future.  The agreement expands GTC’s platform of acid gas removal technology, which currently includes GT-CO2™, a process technology for CO2 removal; GT-SSR™, a Claus process for sulfur recovery; and GT-DOS™, an innovative direct oxidation technology.
 
“SPOC™ technology eliminates the Claus furnace and addresses many of the endemic issues associated with conventional modified Claus technology, such as COS and CS2 formation, and challenges with start-up and shut-down,” said Dr. Matt Thundyil, Sulfur Business Leader for GTC Technology US, LLC.  “In addition, it is anticipated to offer better efficiencies than conventional modified Claus technology with significant savings in capital cost.  This technology may also be able to upgrade conventional modified Claus plants, delivering improved performance with minor capital outlay.”
 
“This collaborative agreement with GTC allows us to bring valuable innovation to a marketplace that has been seeking better technology.  ConocoPhillips developed and tested the SPOCtm technology and believes it sets a new cost and performance benchmark for sulfur removal processes,” said Merl Lindstrom, Interim Senior Vice President of Technology at ConocoPhillips.

For more information, please visit www.gtctech.com