Episode 1261: Think Tank: Electric cracker furnace shows power of chemical industry innovation
The overall winner of this year’s ICIS Innovation Awards - BASF, Linde and SABIC’s electrically-h...
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Show Notes
The overall winner of this year’s ICIS Innovation Awards - BASF, Linde and SABIC’s electrically-heated steam cracker furnace - could have a massive impact on overall chemical industry emissions if the technology is widely adopted.
- World’s first electrically-heated steam cracker at demonstration stage
- Cuts CO2 emissions by up to 95% compared with natural gas-fired crackers
- Linde, BASF, SABIC win shows strength of partnerships
- Challenges include obtaining sufficient renewable energy, financing for scale up
- Financial risks can be reduced by converting one furnace at a time