February 10, 2021 oil and gas

BASF seals partnership deal with Siemens Energy

BASF, a German chemical company and the largest chemical producer in the world, has joined forces with Siemens Energy to help accelerate commercial implementation of new technologies designed to lower greenhouse gas emissions.

By combining its technological expertise with Siemens Energy’s innovative product and services portfolio, the BASF aims to extend its leading role in lowering CO2 emissions in chemical production.

Several pilot projects at its Ludwigshafen site are under discussion. BASF’s headquarters is one of the largest chemical production sites in the world, said the statement.

Possible pilot projects include the construction of a PEM (proton exchange membrane) electrolyzer for hydrogen production with an output of 50 megawatts with the possibility of modular capacity expansions and the installation of a high-temperature 50 megawatts thermal heat pump for generating process steam from waste heat in a production plant.

In addition, a modernization of the power grid at the Ludwigshafen site using digital and CO2-optimized products from Siemens Energy is being evaluated.

Furthermore, a study is underway to assess the potential for common system and catalytic converter development in an effort, to boost the efficiency of electrolysis plants (PEM electrolysis) and for collaboration in generating electricity from wind energy.

Siemens Energy CEO Dr. Christian Bruch said: 'BASF is in a leading position in the chemical industry and is a pioneer in the area of innovation for climate-compatible production of chemicals.'

'Numerous future technologies are still at an early stage of development. By joining forces with BASF, we want to exploit the experience gained in pilot projects as a basis for implementation of new technologies and concepts and thus play an active role in shaping the energy transition in the process industry,' stated Dr Bruch.

'Our strategic objective, in our role as a reliable and experienced partner for all types of energy systems, is to help address the growing demand for goods and services and at the same time contribute towards achieving the climate protection targets on our path to a more sustainable world,' he added.

Dr Martin Brudermüller, the Chairman of the Board of Executive Directors of BASF, said: 'By cooperating with Siemens Energy, we stand to benefit from the expertise of a first-class partner for implementing our carbon management, a partner with whom we can accomplish projects of a commercial scale.'

'At BASF, we want to develop and implement new low-CO2 technologies as quickly as possible. If we want to use such technologies on a large scale, we will need appropriate regulatory framework conditions and targeted support. We need renewable electricity in large quantities for this, and we need it at competitive prices,' he added.


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