Published by Todd Bush on July 29, 2024
Technip Energies (PARIS) has been awarded an Engineering and Procurement contract by Chevron Phillips Chemical (CPChem) for the supply of a proprietary Low Emission Cracking Furnace in an existing olefins unit at its facility in Sweeny, Texas. This low-emission design is cost-effective and will reduce fuel consumption and CO₂ emissions by approximately 30%.
>> In Other News: Shell Advances Renewable Hydrogen Efforts with 100-megawatt Electrolyser in Germany
Technip Energies’ patented design of the Low Emission Cracking Furnace focuses on improving fuel efficiency using a novel heat recovery scheme, which includes combustion air preheat and a first-of-its-kind gas-to-gas primary feed effluent exchanger. The project also electrifies a major compressor driver, and because the low emission furnace will be capable of using hydrogen as fuel, the project enables immediate and future reductions to the existing unit’s carbon intensity.
Bhaskar Patel, SVP Sustainable Fuels, Chemicals & Circularity at Technip Energies, commented: “In our focus on net zero solutions, we are making great strides in reducing emissions in ethylene production. The first and immediate step to reduce carbon emissions is to leverage efficiencies in the process or design. We are pleased that Chevron Phillips Chemical has selected Technip Energies’ proprietary low-emission cracking furnace for this project at its Sweeny complex.”
Venki Chandrashekar, vice president, Research & Technology at CPChem added: “Our company is focused on initiatives and projects that are cost effective and have a significant impact on lowering the intensity of emissions generated by the production of the basic chemicals that society needs. We are pleased to work with Technip Energies to implement the proprietary Low-CO₂ Emissions Cracking Furnace and progress toward our goal to reduce carbon intensity.”
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The Company benefits from its robust project delivery model supported by an extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADR”) program, with its ADRs trading over the counter.
For further information: www.ten.com
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏭 Svante Launches World's First Commercial Gigafactory for Carbon Capture & Removal Filters ✈️ Alder Renewables and Bioénergie AECN Announce Project Avance: Unlocking Sustain...
Inside This Issue ✈️ United Bets on Photosynthesis and Limestone to Fuel Net-Zero Flight Path 📈 EIA: US SAF Production Takes Off as New Capacity Comes Online 🌲 Alder, Bioénergie AECN Unlock SAF Pr...
Inside This Issue 🌏 A Bold Transpacific Alliance: ExxonMobil and Marubeni Power a Cleaner Future with Low-Carbon Ammonia 💰 Aker Carbon Capture Has Decided to Sell Its 20 Percent Ownership Interest...
Project Avance will deploy Alder Renewables' proprietary technology to convert bio-oil currently produced at the Port-Cartier Bioénergie AECN plant which is a joint venture between sawmill operator...
Svante Launches World's First Commercial Gigafactory for Carbon Capture & Removal Filters
VANCOUVER, British Columbia--(BUSINESS WIRE)--Svante Technologies Inc. (Svante), a global leader in carbon capture and removal technologies, has officially completed the commissioning of its new Ce...
2025 Biogas Americas Tradeshow Breaks Records
The American Biogas Council (ABC) has announced another record-breaking year for its annual flagship BIOGAS AMERICAS trade event. Held April 28–30, 2025, in Denver, Colorado (CO), the fourth consec...
Canada’s Bold Path to Net-Zero: How the Pathways Alliance Is Reshaping Oilsands and Carbon Capture
A united front for a cleaner future In Canada’s race to reach net-zero emissions by 2050, few initiatives carry as much weight—or as much promise—as the $16.5 billion carbon capture and storage (C...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.