General Press Release
Charlotte, North Carolina (November 1, 2017) – STEAG SCR-Tech, Inc., the world leader in SCR catalyst regeneration services, today announced the acquisition of CORMETECH, Inc., the leading innovator and manufacturer of high-quality environmental catalysts and services for the power, marine, industrial-process, refinery, and petrochemical markets. The two companies merged their businesses, adopting the CORMETECH name. Mike Mattes, CEO of the combined company, expressed enthusiasm about the acquisition. “We believe the merger of the two industry leaders adds significant value for our customers, employees and shareholders that transcends the immediate benefit of combining our existing expertise, products and services. The new company creates synergies that will further improve quality, and generate innovative solutions to help our customers meet their environmental challenges.”
About CORMETECH, Inc:
CORMETECH was formed in 1989 from the equity ownership of MHI and Corning. CORMETECH is the industry’s leading environmental catalyst manufacturer and full life cycle catalyst management and service solution provider. CORMETECH has delivered environmental catalysts for more than 1,600 SCR systems totaling over 156 GW of worldwide generating capacity. CORMETECH has manufacturing operations in Durham, NC and Cleveland, TN as well as 3 licensees and a sales office in China.
About STEAG SCR-Tech, Inc.:
STEAG SCR-Tech was formed in 2016 from the equity ownership of STEAG GmbH and Energy Capital Partners. STEAG SCR-Tech is the world’s leader in SCR catalyst regeneration and related services having regenerated over 85,000 modules for over 133 GW of generating capacity. STEAG SCR-Tech has manufacturing operations in Kings Mountain and Charlotte, North Carolina.
CORMETECH is the industry’s leading SCR honeycomb catalyst manufacturer and full life cycle catalyst management / on-site service solution provider. Over the past 25 years, CORMETECH’s focus on innovation and technology has enabled us to build the largest stationary SCR catalyst base in the world. CORMETECH has delivered operating catalysts, optimized catalyst management strategies and on-site services for more than 1,500 SCR systems totaling over 140,000 MW of worldwide generating capacity.
CORMETECH’s custom engineered catalysts deliver exceptional performance across a wide variety of turbines, boilers and engines with different fuels, ﬂue gas properties, particulate characteristics and temperature ranges. CORMETECH’s innovation pipeline has delivered COMET™ for controlling mercury emissions, METEOR™ for achieving simultaneous nitrogen oxides (NOx), carbon monoxide (CO), volatile organic compound (VOC) reductions and ELITE™ providing ultra-low pressure loss performance, and Dust Buster™ made exclusively for high dust environments.
Our core strengths include:
Manufacturing SCR Catalyst - The world’s most reliable Natural Gas, Coal, COMET™, METEOR™, Dust Buster™, Diesel and Refinery/Chemical SCR Catalyst
Full Laboratory Catalyst Testing and Analysis - NOx, SO2 to SO3, Mercury, NH3, Pressure Drop, XRF, SEM, BET Surface Area, Hg and N2 Porosimetry
Comprehensive Catalyst Management Strategies - Guaranteed Full Lifecycle Strategies and Solutions
Catalyst Maintenance, Installation and On-Site Services - Repair, Rebuild, ReNew™, Regenerate, Replacement, Clean, Inspect, Tune and Turnkey Installation
EVERY DAY, ALL OVER THE WORLD, WE DELIVER
CLEANER AIR THROUGH INNOVATION
Events & Webcasts
Upcoming Conferences -
Las Vegas, Nevada USA
December 5-7, 2017
Our next On-Demand CORMETECH Informational Series Webcast
Advances in SCR Catalyst Technology
Time and Date TBD
Access our On-Demand CORMETECH Webcast -
Advances in SCR Catalyst Technology to Optimize Emissions Control
Access our On-Demand CORMETECH Webcast -
Benefits of Multi-Pollutant Gas-Fired SCR Applications
Access our On-Demand CORMETECH Webcast - Solution for High Dust SCR Applications
Access our On-Demand CORMETECH Webcast - CORMETECH Laboratory SCR Catalyst Management Testing Procedures and Reporting
Access our On-Demand CORMETECH Webcast - Optimizing SCR Catalysts to Strategically Accommodate Low Load & Load Cycling
Access our On-Demand CORMETECH Webcast - Reducing Natural Gas Emissions with CORMETECH’s METEOR Multi-Function SCR Catalyst
Access our On-Demand CORMETECH Webcast - SCR Catalyst Reliability / Management Optimization Strategies for Refinery/Petrochemical Emissions Control Applications
Access our On-Demand CORMETECH Webcast - Maximizing the Mercury Oxidation Potential of your SCR Catalyst System
Access our On-Demand CORMETECH Webcast - Performance Optimization Strategies for Natural Gas SCR Catalyst