Siemens Energy has partnered with The Linde Group, a leading gases and engineering company with more than 50,000 employees working in around 100 countries worldwide, to accelerate decarbonisation efforts in the global petrochemical sector.
The downstream oil and gas industry is under intense pressure to improve efficiency, reduce greenhouse gas (GHG) emissions, comply with strict environmental regulations and demonstrate that it can be part of a sustainable future.
At the same time, plant operators face the ever-present challenge of lowering costs and maintaining profitable operations.
To help the industry meet these demands, Siemens Energy and Linde Engineering have entered into a strategic partnership.
As part of the collaboration agreement, Siemens said the two companies will leverage their complementary portfolios and competencies to investigate, develop and optimise technology and equipment packages to enhance the sustainability and performance of petrochemical facilities (brownfields and greenfields).
The duo will jointly conduct studies that explore how Siemens Energy’s technologies can be combined with Linde's to facilitate the decarbonisation of petrochemical plants through emissions, reductions and increases in energy efficiency – for example, by optimizing the consumption of power and steam.
Particular areas that will be evaluated include, but are not limited to, the use of Siemens Energy’s products, including gas turbines, steam turbines, compressors, and generators with Linde Engineering’s steam cracker technology and related processes for olefin production, purification, and separation.
The companies will also explore how renewable technologies and energy storage can be leveraged to support customers’ decarbonization initiatives. Other key performance areas that will be targeted for improvement include plant availability and uptime, maintenance, Opex and Capex and regulatory compliance.
“The core competencies and technology portfolios of Siemens Energy and Linde Engineering are highly complementary,” remarked Thorbjoern Fors, the Executive VP for Siemens Energy Industrial Applications.
“Our experience in designing and building low-emissions energy systems, coupled with Linde Engineering’s expertise in steam cracker technology and other downstream processes, will enable us to unlock tremendous value for petrochemical customers, who are under intense pressure to reduce costs and decarbonize,” stated Fors.
John van der Velden, Senior VP Global Sales & Technology at Linde Engineering said the partnership builds on the longstanding and trustful business relationship that Siemens and Linde Engineering have maintained for decades.
“It represents a key step in helping the industry drive toward a more sustainable, profitable future and in offering our customers a more efficient solution for ethylene production,” he added.-TradeArabia News Service