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Heurtey Petrochem of France steps-in North American market and acquires Petro-Chem Development Co of USA.
Mid of January 2008, Heurtey Petrochem has signed an agreement to acquire 100% of the independent US based Petro-Chem Development Co Inc. to form the world largest independent leading Group specialized in design and fabrication of process fired heaters dedicated to the hydrocarbon industries.

This acquisition gives the capacity to the new Group to deliver a wider global offer to the market. In particular, Heurtey Petrochem shall bring its expertise in design and supply of cracking furnaces and steam reformers to the ethylene and hydrogen North American market, while Petro-Chem Development shall bring to the group its technologies and know-how in the treatment of heavy fuels for the refining processes.

Moreover, the Group shall benefit from a strengthened world presence and will provide to customers an unprecedented offer in terms of process expertise, mechanical design, project execution experience and financial resources.

Heurtey Petrochem is very confident regarding the success of this operation, which occurs after 40 years of close relationship with Petro-Chem Development Co.

Origine : Communiqué Heurtey Petrochem Solutions

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