Sulzer : and BASF sign Memorandum of Understanding to develop collaboration on enhancing renewable fuels and plastic recycling technologies
August 24, 2022 at 08:08 am EDT
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The companies enter a strategic partnership to reduce the carbon intensity of renewable diesel and sustainable aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of plastic waste into new plastics.
The collaboration combines complementary areas of expertise, integrating Sulzer Chemtech's capabilities in licensed processing technologies and mass transfer equipment with BASF's cutting-edge high-performance adsorbents and catalysts.
Sulzer Chemtech, an established licensor and engineering partner for process technologies like hydrotreating for renewable fuels and chemical recycling of plastics as well as purifying the resulting products by liquid-liquid extraction technologies, is leading efforts to harness greener resources that can help global producers achieve their net-zero ambitions. BASF Process Catalysts is driving multiple initiatives aimed at turning plastic waste into a secondary raw material, for example with its newly developed PuriCycle® portfolio, as well as providing adsorbent and catalytic materials to produce clean and renewable fuels.
Joining forces to protect our planet's resources
"Global plastic pollution and sustainable mobility are challenges that we can solve by joining forces with partners", said Detlef Ruff, Senior Vice President, Process Catalysts at BASF. "This is why we at BASF are involved in key strategic collaborations aimed at protecting our planet's resources and transforming the way we do business. We are excited to work with Sulzer Chemtech and use our combined strengths to address plastic pollution and drive the adoption of more sustainable fuels."
Torsten Wintergerste, President at Sulzer Chemtech, concludes: "Our process technology development team is continuously looking at new ways to support more sustainable, circular practices. The MoU with BASF allows us to broaden the scope of our portfolio and will lead to improved value offerings in both renewable fuels and the plastics recycling value chain. We look forward to working together to deliver advanced technologies that help our customers accelerate their path to net zero carbon emissions."
This document may contain forward-looking statements including, but not limited to, projections of financial developments, market activity, or future performance of products and solutions containing risks and uncertainties. These forward-looking statements are subject to change based on known or unknown risks and various other factors that could cause actual results or performance to differ materially from the statements made herein.
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Sulzer AG published this content on 24 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 12:07:06 UTC.
Sulzer AG is a Switzerland-based company engaged in pumping solutions and rotating equipment maintenance, as well as separation, reaction and mixing technology for the oil and gas, power generation and wastewater treatment industries. The Company operates four business divisions: the Pumps Equipment division offers a wide range of pumping solutions and related equipment, including centrifugal pumps and agitators for the oil and gas industry, among others; the Rotating Equipment Services division offers repair and maintenance services for industrial gas and steam turbines, turbocompressors, generators, motors and pumps; the Chemtech division offers products and services for separation, reaction, liquid application and mixing technology, and the Applicator Systems division offers dispenser systems and liquid application systems for the dental, healthcare and beauty markets, among others. The Company operates numerous subsidiaries.