NEW YORK and WILMINGTON, Del. and CHICAGO and RIYADH, Saudi Arabia, Feb. 1, 2021 /PRNewswire/ — An international private equity consortium consisting of BroadPeak Global LP (“BroadPeak Global”), Asia Green Fund (“AGF”) and The Saudi Arabian Industrial Investments Company (“Dussur”) (collectively, the “Group”) announced today that they have signed a definitive agreement whereby the Group will purchase the Clean Technologies business of DuPont de Nemours, Inc. (“DuPont”) (NYSE: DD) for $510 million in cash. As part of the transaction, Tensile Capital Management LP is providing preferred equity financing. The transaction is expected to close in the second quarter of 2021 subject to customary closing conditions and regulatory approvals.

WILMINGTON, Del., DuPont Clean Technologies (DuPont) has been awarded the contract to supply ORLEN Lietuva (ORLEN) with licensing, engineering, and technical services for a STRATCO® alkylation unit and a MECS® spent acid regeneration (SAR) unit at the Mažeikiai refinery in Mažeikiai, Lithuania. The Mažeikiai refinery processes an average of 8 million tons of crude per year with capacity of up to 10 million tons of crude per year. In order to increase refinery complexity and flexibility of the Mažeikiai refinery, ORLEN commissioned DuPont for a STRATCO® alkylation unit with 240 kmta (6,000 bpsd) alkylate capacity. The alkylation unit will utilize LPG in the conversion to alkylate, and therefore upgrade refinery profitability. The 75 mtpd MECS® SAR unit, also under license from DuPont, will provide the refinery with a consistent supply of sulfuric acid, which is utilized as the catalyst for the alkylation unit, while ensuring compliance with the region’s stringent emission regulations.

Wilmington, DE, Chilean oil refiner ENAP Refinerías S.A. has selected BELCO® scrubbing technology, licensed by DuPont Clean Technologies (DuPont), to improve emissions control from its 31,449 BPSD fluid catalytic cracking (FCC) unit at the Aconcagua refinery. This new BELCO® wet scrubber will reduce sulfur oxide and particulate emissions from the FCCU (fluid catalytic cracking unit) to well below Chilean emissions requirements. This will be the second BELCO® Scrubber for ENAP. ENAP previously commissioned a BELCO® scrubber for its FCCU at the BioBio refinery in 2018

From metals, fertilizer to refining, chemicals, and beyond…our mission is to deliver the technology and tailored solutions our customers need to more efficiently produce cleaner products for the world. From the production of carbonless energy to the production of sulfuric acid for the metals and fertilizer industries, and from removal of sulfur from refined oil products to air pollution control, Elessent creates clean alternatives to traditional industrial processes to minimize the impact on the environment while enabling our customers to produce essential elements critical to everyday life.

2020

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Saving Acid Part 2

Saving Acid Part 1

Clean It Up

Sulfuric Acid Regeneration

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