The companies will jointly conduct studies that explore how Siemens Energy’s and Linde Engineering’s technologies can be combined to facilitate the decarbonisation of petrochemical plants through emissions reductions and increases in energy efficiency – for example, by optimising 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’ decarbonisation 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 decarbonise.”
John van der Velden, Senior Vice-President Global Sales & Technology at Linde Engineering, added, “The partnership builds on the longstanding and trustful business relationship that Siemens and Linde Engineering have maintained for decades.”
“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.”