Sulzer Acquires GTC Technology

Chemtech, CT, Allschwil, Switzerland

Sulzer has extended its petrochemical process capability with the purchase of the US-headquartered specialist, GTC Technology. The move adds a range of licensed technologies and additional engineering resources to Sulzer’s existing process plant design, construction and commissioning capabilities to provide an outstanding offering to process industries worldwide.

With this acquisition, Sulzer Chemtech is consolidating its role as a petrochemical process technology provider. Adding to the company’s capacity to design and deliver a broad range of offerings from refinery column internals to complete bioplastic (PLA) production plants, the new expanded business expands Sulzer’s capability into a much wider territory. The complementary scope of GTC’s expertise pushes Sulzer Chemtech further into technology licensing for the refinery and petrochemical industry, including complete engineering packages, proprietary equipment, and the supply of chemical solvents and catalysts.

Both Sulzer and GTC Technology’s engineering teams are looking forward to sharing knowledge and strengthening their overall manufacturing capabilities. Now, GTC customers can benefit from Sulzer’s global network of facilities for designing, manufacturing, testing, maintaining and repairing mass transfer components. Similarly, Sulzer was keen to expand its operations in South Korea, where GTC has a large, established manufacturing center.

Image credit: Sulzer