Technip Energies awarded a proprietary equipment contract by Chevron Phillips Chemical for the first complete implementation of the low-CO2 cracking furnace technology
29 July 2024 - 3:00PM
Technip Energies (PARIS:TE) 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 %.
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.”
About Technip Energies
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
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- PR_T.EN CPChem Sweeny Low Emission Cracking Furnace_EN
- CPChem Sweeny Low Emission Cracking Furnace
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