Coolbrook and SABIC form cooperation to decarbonise ethylene production
14/03/2023 Saudi Basic Industries Corporation (SABIC)
SABIC and Coolbrook to cooperate in the piloting of Coolbrook’s transformational RDR technology for decarbonised ethylene production
Coolbrook, a transformational technology and engineering company, and SABIC, a global leader in the chemicals industry, have entered a cooperation for the piloting of Coolbrook’s patented RotoDynamic ReactorTM (RDR) technology.
As part of the cooperation, SABIC will assess Coolbrook's large-scale pilot project in the Netherlands.
Steam cracking to produce ethylene, propylene, and other valuable chemicals is one of the most energy intensive and CO2 emitting industrial processes globally. With Coolbrook’s patented RDR technology, it is possible to replace the burning of fossil fuels with electrification in steam crackers to reduce global CO2 emissions by approximately 300 million tons annually. In addition, the RDR technology improves energy efficiency and increases ethylene yield by up to 20% compared to traditional cracker technologies.
Electrification is one of the key pathways in SABIC’s global roadmap to reach climate neutral operations by 2050. SABIC will assess the potential for industrial deployment of Coolbrook’s RDR technology at SABIC’s production sites.
Joonas Rauramo, CEO of Coolbrook, said: “SABIC is a global leader in petrochemicals production, and we have already established a close cooperation relationship in the Sittard-Geleen area, where both companies have strong presence. We are confident that together we can have a significant impact on reducing the climate impact from ethylene production in the Netherlands and globally.”
Ilpo Kuokkanen, Executive Chairman of Coolbrook, said: “SABIC is an excellent addition to our comprehensive and responsive partnership ecosystem spanning leading industrial actors, academic institutions, and the public sector. Collaborating with the ecosystem, we aim to make Coolbrook technology the new global standard in industrial electrification.”
Aruna Subramanian, Managing Director, SABIC Ventures, said, “This reaffirms SABIC’s commitment to becoming carbon neutral by 2050 through, among many pathways, the electrification of steam crackers. Collaborations with and support of external innovations, such as Coolbrook’s RDR technology, is testament to SABIC’s interest in driving our industry and world forward.”
Print this articleFor more information, please contact:
Mario Scholle
Saudi Basic Industries Corporation (SABIC)
Central Province
P.O. Box 5101
Riyadh
11422
Saudi Arabia
Tel: 00966 11 2258000
Email: info@sabic.com
Web: https://www.sabic.com
Share article:
Process and Control Today are not responsible for the content of submitted or externally produced articles and images. Click here to email us about any errors or omissions contained within this article.