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Praxair implements patented CONOx technology in Valero's Ardmore refinery.

M2 EQUITYBITES-April 22, 2013-Praxair implements patented CONOx technology in Valero's Ardmore refinery(C)2013 M2 COMMUNICATIONS http://www.m2.com

Industrial gases company Praxair Inc (NYSE:PX) disclosed on Friday that it has implemented its new proprietary CONOx emissions control technology at Valero's refinery in Ardmore, Oklahoma.

The company said that the CONOx technology has helped the refinery meet its fluid catalytic cracking (FCC) unit nitrogen oxide reduction target without a shutdown for installation, adding that FCC units convert petroleum crude oil feedstock into products like gasoline.

Praxair also stated that the CONOx system is a practical, low-capital cost technology for refiners to reduce emissions, provides flexibility while modifying the operation of the FCC unit as required and provide necessary NOx reduction.

Financial details were not disclosed.

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Publication:M2 EquityBites (EQB)
Date:Apr 22, 2013
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