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Press Release06 November 2020Siemens EnergyMunich
Siemens Energy partners with Linde Engineering to accelerate decarbonization efforts in the petrochemical sector
Decarbonization requires partnership; Linde Engineering and Siemens Energy will explore how renewable technologies and energy storage can be leveraged to support customers’ decarbonization initiatives.
To help the industry meet
these demands, Siemens Energy and Linde Engineering have entered into a
strategic partnership. As part of the collaboration agreement, the two
companies will leverage their complementary portfolios and competencies to
investigate, develop, and optimize technology and equipment packages to enhance
the sustainability and performance of petrochemical facilities (brownfields and
greenfields).
The companies will jointly
conduct studies that explore how Siemens Energy’s and Linde Engineering’s
technologies can be combined to facilitate the decarbonization 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,” said Thorbjoern Fors, Executive Vice President 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.”
“The partnership builds on
the longstanding and trustful business relationship that Siemens and Linde
Engineering have maintained for decades,” said John van der Velden, Senior Vice
President Global Sales & Technology at Linde Engineering. “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.”
STC-SH propylene turbo compressor for an ethylene plant.
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Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs 91,000 people worldwide in more than 90 countries and generated revenue of around €29 billion in fiscal year 2019.
www.siemens-energy.com.
www.siemens-energy.com.
Contact
Janet Ofano
Siemens Energy
5101 Westinghouse Boulevard
28273-9640 Charlotte
United States of America
28273-9640 Charlotte
United States of America
+1 803-389-6753