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VUV Analytics announces fuel and petrochemical milestones

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Hydrocarbon Engineering,

VUV Analytics has announced several fuels and petrochemical milestones ahead of the Gulf Coast Conference in Houston, Texas, US.

"VUV Analytics is proud to announce that we more than tripled revenue in fuels and petrochemical segments in 2017," said Clark Jernigan, CEO of VUV Analytics. "Five of the top 10 global oil and gas companies and five multi-national chemical companies are our customers, and half of these customers progressed to multiple units and multiple sites in 2017. These customers are in many cases using our VUV-PIONA software and following the ASTM D8071 method, published in March 2017, to get VUV Verified analysis of gasoline-range streams. In addition, we completed successful evaluations at six top-25 fuels and chemicals companies that we expect to add as customers in 2018. I am also pleased to announce that we added our first super-major upstream customer and our first top-5 Test, Inspection and Certification (TIC) customer in 2017."

"On the international front, we have sold multiple units in the Middle East and have recently taken our first order in Saudi Arabia. We have additionally completed successful evaluations at very large oil and gas companies in Japan and China. We are also gaining sales traction through [original equipment manufacturer] channels.” said Sean Jameson, Senior Vice President of business development.

"At this year's Gulf Coast Conference, we will be highlighting our latest VUVision software for improved ease of use in method development and non-routine analysis and our VUV-PIONA+ production mode software for simplified routine analysis of gasoline range streams," said Paul Johnson, Senior Product Marketing Manager.

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