Category

Countries

Sabic, SD, and Linde Forge Strategic Alliance to Pursue Decarbonization in the Chemical Sector
Sabic, SD, and Linde Forge Strategic Alliance to Pursue Decarbonization in the Chemical Sector

Sabic, SD, and Linde Forge Strategic Alliance to Pursue Decarbonization in the Chemical Sector

  • 11-Jan-2024 12:13 PM
  • Journalist: Jai Sen

In a significant development in the chemical industry, SABIC, a Saudi Arabian multinational chemical manufacturing company, has teamed up with Scientific Design (SD), a world leader in Ethylene Glycol Technology, and Linde Engineering. These three powerhouses have entered into a Memorandum of Understanding (MoU) to explore avenues for decarbonizing the Ethylene Glycol Process licensed by SD.

This collaborative effort is aimed at developing innovative solutions to diminish the carbon footprint associated with the chemical industry. The primary focus is on achieving low-carbon emissions technology, a critical step towards environmental sustainability. To this end, the collaboration plans to leverage SABIC's revolutionary CO2 recovery and purification technology in SD licensed glycol manufacturing plants globally.

The partnership underscores the commitment of these companies to reducing greenhouse gas emissions and contributing to a more sustainable future. By offering SABIC’s groundbreaking CO2 recovery technology to SD licensed glycol plants worldwide, a significant reduction in carbon emissions is expected. This move not only aligns with the global shift towards environmentally friendly practices but also sets a precedent for other industries to follow.

The ultimate objective of this strategic collaboration is to establish sustainable production methods for Ethylene Oxide and Ethylene Glycol. These are key raw materials used in a wide range of applications, including the manufacture of polyester fibers, polyethylene terephthalate (PET) resin for packaging, and automotive engine coolants.

By transforming the production process of these crucial compounds, the collaboration aims to set new industry benchmarks for carbon-neutral industries. The successful implementation of this initiative could result in a paradigm shift in the chemical industry, moving it closer to achieving net-zero emissions.

The MoU marks a pivotal moment in the pursuit of decarbonization in the chemical industry. It represents a significant step towards transitioning to a greener, more sustainable future and aligns with global efforts to combat climate change. It also demonstrates how industry leaders can collaborate to drive innovation and develop solutions that have a positive impact on the environment.

Through this partnership, SABIC, SD, and Linde Engineering are demonstrating their commitment to environmental sustainability. They aim to lead by example, showing how innovation and collaboration can result in significant strides towards decarbonization. The success of this initiative could serve as a blueprint for other industries, underlining the potential for technological innovation to drive environmental sustainability.

This development comes at a critical time when industries worldwide are grappling with the challenge of reducing their carbon emissions. The collaboration between SABIC, SD, and Linde Engineering serves as a beacon of hope, showing what can be achieved through strategic partnerships and innovative thinking. It represents a significant leap forward in the journey towards a carbon-neutral future.

Related News

DEG Prices in the US and Germany Oppose their Paths in the Second Half of May 2024
  • 06-Jun-2024 6:23 PM
  • Journalist: Harold Finch
Early April Sees Rapid Global Price Increase of DEG, High Demand Limited Inventory to Reason
  • 23-Apr-2024 4:42 PM
  • Journalist: Rene Swann
Global DEG Prices Continues to Rise Amidst the Struggle with Production Costs and Supply Issues
  • 18-Mar-2024 6:47 PM
  • Journalist: Sasha Fernandes
Global Diethylene Glycol Prices Escalates Further, Outlooks Seems Bullish
  • 29-Feb-2024 6:13 PM
  • Journalist: Shiba Teramoto