Sulzer strengthens its position in the oil and gas market
On 15 September, Sulzer agreed to acquire Advanced Separation Company (ASCOM) B.V. and ProLabNL B.V. , both located in Arnhem, The Netherlands. These acquisitions expand the offering of the division Sulzer Chemtech for gas-liquids and liquid-liquid seperation technologies and position it as a major player in the market.
ASCOM’s portfolio covers gas-liquid seperation, liquid-liquid seperation, produced water treatment, solids handling and gas treatment. Building on its technologies validated by major oil companies and its expertise in process design, ASCOM offers advanced seperation solutions for both traditional vessel based and compact inline seperation. Application of ASCOM technologies enable de-bottlenecking of ageing oilfield process systems. Applied to new investment, it can significantly reduce CAPEX and OPEX of offshore, floating and onshore processing facilities. This advanced technology has also been fully validated for subsea processing.
ProLabNL offers one of the most advanced multiphase flow loops worldwide, simulating real oilfield conditions under high or low pressure conditions. World leading oil and gas companies are using ProLabNL extensively for conventional and subsea technology qualification programs.
The integration will start after closing, which is expected at the end of September 2014. All employees will be retained, assuring ongoing customer dedication and quality commitment.
Oliver Bailer, president of Sulzer Chemtech, commented: “With ASCOM technologies and ProLabNL unique testing capabilities, we will enable our customers to realize CAPEX savings, which are orders of magnitude larger than the cost for ASCOM products.”
“Combining our offering with Sulzer, and using their global platform, we will have unique capabilities in the market and will significantly accelerate our company development, for the benefit of our customers”, said Rombout Swanborn, chairman and majority shareholder of ASCOM and ProLabNL.
Sulzer is aiming to strengthen its position in the oil and gas market
Adapted from a press release by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/17092014/sulzer-acquires-ascom-1284/
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