Aramco and Honeywell to Develop Direct Crude-to-Chemicals Tech

Aramco and Honeywell to Develop Direct Crude-to-Chemicals Tech

Saudi state oil giant Aramco has signed a joint development agreement with U.S. conglomerate Honeywell and King Abdullah University of Science and Technology (KAUST) of Saudi Arabia to co-develop a novel direct Crude-to-Chemicals (CTC) technology.  The collaboration will focus on developing and scaling up the full CTC, to significantly reduce both capital and operating costs associated with CTC conversion, the Saudi university said on Thursday, …

Aramco, Honeywell, and KAUST sign agreement to advance the capabilities of crude-to-chemicals

Aramco, Honeywell, and KAUST have signed a joint development agreement to develop technology to advance the capabilities of crude-to-chemicals, Saudi Arabia.