Quanta Technologies unveils new LEADR FCC refining catalysts
Quanta Technologies, LLC has developed a revolutionary and IP protected process to significantly improve refinery FCC economics while simultaneously improving their environmental footprint, as well. The technology improves the environmental and diffusion performance of Fluid Cracking Catalysts (FCC) by narrowing the particle size distribution of the catalyst. Quanta’s LEADR (Low Emissions Advanced Diffusion and Retention) technology has been commercially demonstrated at several refining sites in North America. Work to date shows improved retention and consequent lower emissions (PM10 and PM2.5) relative to standard catalysts. FCC catalysts treated by the LEADR process have also shown improved bottoms upgrading and generation of precursors to maximize propylene and butylene yields when used with additives. The technology also improves the value of SOx reduction additives and additives that increase the yield of propylene from FCC units. All together, these benefits lead to improved refinery economics when using a LEADR treated catalyst.
The LEADR process of removal of fresh catalyst fractions not retained in FCC units (prior to entering the unit) enhances unit profitability, environmental performance, and long-term reliability. Quanta has demonstrated that the removed fractions can be reconstituted into a catalyst similar to the original catalyst or into a blending component that can be used as a catalyst raw material in regular production without impact on catalyst physical properties. This leads to variable cost reductions of the catalyst and a technically superior, environmentally friendly product at a lower cost when the technology is fully implemented.
The objective of this strategic review will be to evaluate options available to the Company to `maximize the value to its shareholders. Quanta expects to complete the strategic review of its catalyst business in the first half of 2025. The strategic review may not result in any transaction or other outcome. The Company does not intend to make any further public comment regarding the strategic review until it has been completed.
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