Amec Foster Wheeler forms strategic alliance with DeltaValve® for coking technology
- Retractable center feed technology to be included in Amec Foster Wheeler’s SYDEC Delayed Coking Technology
- Maximises the safety, throughput, reliability and profitability of coking operations
Amec Foster Wheeler and DeltaValve, LLC, a leading provider of equipment and control systems for the delayed coking segment of the refining industry, have formed a strategic alliance related to DeltaValve’s center feed technology.
The center feed technology will be incorporated into all new SYDECSM delayed coking units licensed worldwide by Amec Foster Wheeler. Amec Foster Wheeler can also incorporate the center feed technology into delayed coking unit revamps.
DeltaValve’s innovative center feed device addresses the issues of uneven thermal distribution and severe thermal transients by simply returning feed streams to the center of the coke drum, resulting in more consistent operation and longer coke drum life. Coupled with Amec Foster Wheeler’s SYDECSM delayed coking technology, process experience, engineering, integration and execution capabilities, DeltaValve’s center feed device allows our joint customers to maximise the safety, throughput, reliability and profitability of their coking operations.
Global refiners are looking to Amec Foster Wheeler to deliver market leading value by providing the best combination of its world leading SYDECSM delayed coking process technology and equipment. DeltaValve’s innovative equipment, coupled with Amec Foster Wheeler’s breadth and depth of knowledge and experience, provides the platform for refiners to efficiently and effectively manage refinery assets in today’s globally competitive refining market.
Amec Foster Wheeler and DeltaValve plan to leverage their respective strengths to drive opportunities throughout the industry. The two companies have previously worked together on a number of projects with very positive results and are recognised as leaders in their field.
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
Employing around 40,000 people in more than 55 countries and with 2015 revenues of £5.5 billion, the company operates across the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
DeltaValve (www.deltavalve.com) is a worldwide leading innovator of mechanical and control equipment for use in delayed cokers. The company was established in 1984 and holds more than 110 domestic and international patents for its designs. To date, it has sold/installed equipment in more than 100 refineries in 20 countries. In addition to equipment, DeltaValve offers OEM parts and world-class service to its global base of customers anytime, anywhere.
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This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing, results and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements. Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.