Sulzer strengthens its Chemtech business through the acquisition of GTC, a leading technology provider for the petrochemical industry
Sulzer acquires GTC Technology US, LLC, a technology company offering proprietary processes and systems for the production of aromatics and other petrochemicals. This acquisition strengthens Sulzer Chemtech’s leadership in petrochemical processes and expands its revenue base to process licensing and associated proprietary equipment and chemicals. The enterprise value is USD 39 million (CHF 39 million).
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