Production Services Network (PSN) has signed a development and commercialization deal with CrystaTech, a leading environment and energy technology company. The agreement sees both firms combining their innovative technology, engineering and project management strengths to tackle the growing multi-million dollar market for reducing sulphur emissions.
CrystaTech has developed a highly efficient sulphur recovery process called CrystaSulf. Under the terms of the deal, PSN's Calgary office will co-ordinate engineering, procurement, and construction management (EPCM) work relating to deployment of CrystaSulf in Canada and selected international markets.
In Canada alone, there are more than 200 gas processing plants that are licensed to emit Sulphur Dioxide (SO2). The limits on these emissions have been gradually tightened and further reductions are expected, in line with ongoing concerns over potential increases in resulting atmospheric acidification.
Mark Adams, PSN's Business Development Manager, Canada said, "PSN is a company with a long, successful history of delivering projects for Canadian and international clients. This agreement with CrystaTech reflects our core values of innovation and internationalization, working through a global network of 8500 people with a wealth of engineering expertise."
Eric Klasson, President and CEO of CrystaTech said, "PSN and its global network of engineering expertise, is uniquely qualified to support CrystaTech's technology development and deployment needs worldwide. We expect that PSN will utilize its design and process optimization expertise to deploy our technology on a pilot and full commercial basis."
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