Matrix PDM Signs Licensing Deal with GTT
GTT's Houston-based US subsidiary, GTT North America (GTT NA), has signed a license agreement with the American engineering company Matrix PDM Engineering.
The agreement was signed at the Matrix Service Company headquarters in Tulsa, OK, in the presence of John Hewitt – Matrix Service Company CEO, Joe Montalbano – Matrix Service Company COO and Matrix PDM Engineering President; and Aziz Bamik – General Manager, GTT NA.
The license grants Matrix PDM Engineering the right to implement GTT’s patents to construct onshore storage tanks for LNG (liquefied natural gas), LPG (liquefied petroleum gas) and other liquefied gases through affiliated Matrix construction companies.
As the first EPC company based in the United States to be licensed by GTT, Matrix PDM Engineering and its affiliates are well positioned to provide GTT’s onshore technology throughout the United States, Canada, Mexico and the Caribbean.
In December 2015, GTT’s membrane technology was approved for inclusion in the 2016 edition of the NFPA[2] 59A: US standard for the production, storage, and handling of LNG.
This standard is widely regarded as the reference standard in many regions of the world, especially North America, Latin America, Asia-Pacific, the Middle East and Africa.
“Building on the recent milestone within NFPA 59A, GTT is pleased to partner with Matrix, a first class EPC, to bring a new value proposition to the North American market through the inherent advantages of GTT’s proven membrane technology: reduced CAPEX/OPEX and reduced time to market using local trained operators implementing a standardized and modular technology”, declared Philippe Berterottière, Chairman and Chief Executive Officer of GTT.
“GTT membrane technology adds to our suite of offerings and builds upon our years of experience in the traditional design and construction methods used for LNG and NGL tanks,” said Ken Erdmann, Vice President of Matrix PDM Engineering. “GTT technology has been used for decades on LNG carriers and various land based applications in other countries around the world. Examples of projects that might benefit are LNG facilities, where owner/operators seek faster speed to market or, in some instances, for projects located in areas with higher seismic activity.”
