Catalyst Service Companies
Catalyst service companies aim to provide their services to a broad group of customers and develop new services to add to their offering. These services are aimed at reducing risk and saving time for refineries and petrochemical plants. To be successful, catalyst service companies need to convince potential customers of the added value of their innovative services. As with most services performed on customer-owned products, there is a risk of loss of material (yield) and of catalyst activity. It is important for services to be well documented and for there to be clear agreements between the catalyst service provider and catalyst owner concerning the service to be provided, the yield, the catalyst product quality and liabilities in the event of non-compliance with the guarantees.
Catalyst Intelligence can assist catalyst service providers in drafting documentation that defines the service, spells out what will be done and defines any liabilities in the event that the service is not provided in accordance with the offer. Clear agreements and process descriptions generate confidence, allowing new technologies to be introduced more easily to new customers. This results in higher-quality service to refiners and petrochemical plants and more business for catalyst service providers.See also our blog with articles that might interest you.