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  Petro-Chem announces Combination with Heurtey
New York, January 15, 2008 – Petro-Chem Development Co., Inc. (Petro-Chem) announced today that it has agreed to be acquired by Heurtey Petrochem S. A. (Heurtey).  This combination of New York-based Petro-Chem and Paris-based Heurtey will create the world’s largest provider of direct fired heaters to the global refinery and petrochemical industries.
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Petro-Chem also welcomes the following new sales representatives
Industrias Therme becomes Petro-Chem’s exclusive representative for the country of Mexico.
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  Petro-Chem announces several new awards
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Petro-Chem certified as a Minority Supplier Company
Petro-Chem Development Co., Inc. is certified as a minority supplier company by the NY & NJ Minority Supplier Development Council, Inc. (NY & NJ MSDC).
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Petro-Chem Heurtey Ltd.
A Joint Venture created by two internationally recognized Process Heaters specialists for Middle East Markets.
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Petro-Chem announces key addition to its executive team
Petro-Chem Development Co., Inc. (Petro-Chem) said Monday that it has elected Christopher C. Eley to its executive management team as Senior Vice President – Sales & Marketing.
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Patent Issued for the  "Petro-Chem Film Cooling TechnologyTM"
Petro-Chem Development Co., Inc., a world leader in the design and manufacture of direct fired heaters for the hydrocarbon processing industry, has been issued six (6) United States patents relating to direct fired heaters.
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