EUROPE: Six PC companies in Europe create cracker of the future' consortium
BASF, Borealis, BP, LyondellBasell, SABIC and Total, located in Belgium, Germany and the Netherlands, have formed the 'Cracker of the Future' consortium to jointly study how to use renewable electricity to operate naphtha and steam crackers, rather than fossil fuels, according to the reports from Geleen, Netherlands.
The companies have signed an agreement to invest in research and development and knowledge sharing as they assess the possibility of transitioning their base chemical production to renewable electricity, potentially reducing greenhouse gas emissions.
"The key challenges in developing electricity-based cracker technology are ensuring that the chosen emissions reduction solution is technologically and economically feasible compared to the current process; that it fits into a future low-carbon value chain; and that it can be implemented in time to meet policy targets," explained Brightlands Chemelot Campus, chair of the consortium.
According to Brightlands, the collaboration is a direct result of the Trilateral Strategy for the Chemical Industry drawn up by the North Rhine-Westphalian, Flemish and Dutch ministries of economic affairs and the industry associations VCI (Germany), Essenscia (Belgium) and VNCI (Netherlands) to boost the sustainability of the chemical sector.
Source: Weekly “PetroChemical News”, Durham, NC, USA; 2 Sept 2019
(Syed Rashid Ali, Karachi, Pakistan)