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Stock impact report

Matrix Service Awarded Construction of First-Ever Ionic Alkylation Unit in the U.S. at Chevron’s Salt Lake City Refinery

Matrix Service Company (MTRX) 
Last matrix service company earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
TULSA, Okla., Dec. 10, 2018 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that Chevron has awarded its subsidiary, Matrix Service Inc., construction of the first-ever alkylation unit in the U.S. designed to use ionic liquids, at Chevron’s Salt Lake City refinery. The unit, which will replace an existing HF alkylation unit, will rely on the ISOALKYTM Technology developed by Chevron USA Inc. and licensed by Honeywell UOP, to produce high-octane, cleaner burning fuels. “We are very pleased to have been selected for this historic project and to support Chevron as they implement this environmentally beneficial technology at their Salt Lake refinery,” said Matrix Service Company President and Chief Executive Officer, John R. Hewitt. “Our teams have provided service and expertise inside Chevron’s refineries for nearly 30 years, and we appreciate the ongoing trust and confidence placed in us to complete this important project safely, on time and on budget.” Wi Show less Read more
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