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 🛫 XCF Global Outlines Plan to Build Multiple SAF Production Facilities and Invest Nearly $1 Billion in Renewable Fuel Production Capacity by 2028 ⚓ Backgrounder: Government of Ca...
Inside This Issue ✈️ SAF Isn’t a Buzzword Anymore - It’s 2025’s Breakout Fuel 🏅 Global Energy Prize Awarded to Three Scientists From China, USA and Russia ⚡ ACES Delta I Hydrogen Production and St...
Inside This Issue 🛢️ Exxon's Gas Strike, EPA Smackdown, and Carbon Curveball 🏭 MHI Awarded Contract for Basic Design of Japan's Largest CO₂ Capture Plant at Hokkaido Electric Power's Tomato-Atsuma...
Models suggest that meeting climate targets will be virtually impossible without steep emissions cuts paired with a huge expansion of carbon management technologies $350 million already investe...
Climate Impact Partners Enables 150 Million Tonnes of CO2e Reduced in Landmark 2025 Impact Report
Climate Impact Partners, a global leader in high-quality carbon market solutions, today publishes its 2025 Impact Report: Delivering Tonnes of Impact. The report showcases how the company, alongsi...
NORTHBROOK, Ill.--CF Industries Holdings, Inc. (NYSE: CF) today announced the start-up of the carbon dioxide (CO2) dehydration and compression facility at its Donaldsonville Complex in Louisiana. T...
Spiritus Technologies PBC Plans Santa Fe, New Mexico, Operations
Spiritus Technologies PBC, a company engaged in sustainable carbon removal, plans to establish operations in Sante Fe, New Mexico. The project is expected to create 40 jobs. The company will lease...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.