“At this event, we regionally launched COPI™ technology – or Crude Oil Paraffin Inhibitors - targeting companies involved in the extraction, transport and storage of crude oil with solutions for the presence of paraffin wax in oil,” Turhan added.
COPI™ from the Oil Additives team at Evonik provide benefits in crude oil recovery, flow assurance and storage. This technology modifies the formation and behaviour of wax crystals in the oil, dispersing them and preventing them from adhering to surfaces, such as those in pipelines. Therefore, the new solution allows for better flow while transporting crude oil.
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 36,000 employees. In fiscal 2017, the enterprise generated sales of €14.4 billion and an operating profit (adjusted EBITDA) of €2.36 billion.
As a leading provider of oil additives, Evonik develops technologies to improve fuel and energy efficiency, as well as produ
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.