Industry, Logistics & Shipping

Hoover CS wins long-term catalyst deal with Bapco JV

Hoover CS will provide ART, a joint venture in which Bahrain Petroleum Company (Bapco) is a major partner, with circular catalyst packaging and logistics solutions in support of the largest catalyst management agreement signed in Bapco’s history.
 
For this, Hoover CS has announced a multi-year agreement with Advanced Refining Technologies LLC (ART).
 
On August 11, 2021, Hoover CS executive leadership attended the signing ceremony with Bapco’s Chairman and Chief Executive Dr Dawood Nassif, along with senior management and executives from Bapco, ART, and Chevron Lummus Global (CLG).
 
The other partners of ART are US specialty chemicals and materials company W R Grace & Co and US energy company Chevron. 
 
“It’s very exciting to be part of the single largest catalyst management agreement in Bapco’s history,” says Arash Hassanian, Hoover CS Senior Vice President. “We look forward to working closely with ART in providing sustainable packaging solutions and managing key aspects of the logistics across the supply chain.”
 
Jag Reddy, Managing Director of ART, said: “Hoover CS plays a critical role in helping us align with Bapco’s sustainability initiatives. Their industry-leading circular catalyst packaging and logistics solutions enable us to deliver a convenient, and sustainable solution for our client.”
 
Hoover CS will play a critical role in the transportation of fresh and spent catalyst to and from the US, the Kingdom of Bahrain, and South Korea, along with specialised logistics and services, such as handling and repackaging, truck loading, and fleet management through its proprietary FleetAI technology.
 
In addition, Hoover CS will identify opportunities to improve circularity within ART’s supply chain, ensuring sustainability goals and net zero objectives are at the forefront of their strategy.--TradeArabia News Service