ABB and Coolbrook sign MoU to cut emissions in petrochem market
The agreement will unite the two companies’ expertise and create a combined offering of Coolbrook’s novel electrically driven RDR technology and ABB’s integrated, pre-engineered energy solutions, initially for use in petrochemical and chemical markets.
Olefins, such as ethylene and propylene, are the key raw materials used in the chemical industry – primarily for polymer production.
Coolbrook’s turbomachine will be able to replace a conventional furnace by directly imparting the rotor shaft’s mechanical energy to the hydrocarbon fluid. This is achieved by aerodynamic action through a rotating blade flow. This groundbreaking RDR technology will be underpinned by ABB’s expertise in delivering automation, electrification and digitalisation to optimize operational processes and simplify integration.
ABB will further enhance the energy efficiency of Coolbrook’s solution through the integration of its electric motors and variable speed drives.
The combined ABB and Coolbrook offering will facilitate and accelerate the uptake of this groundbreaking technology, enabling petrochemical and olefin producers to meet their net zero ambitions.
Ilpo Kuokkanen, executive chairman of Coolbrook, said: “Coolbrook has set a target to build a committed and comprehensive ecosystem around its revolutionary RDR technology to commercialise it as soon as possible. ABB will become a key partner in that ecosystem with the aim of accelerating the process substantially. Our RDR technology and ABB’s technology perfectly complement each other. Together, we will offer a first of its kind electric, carbon-free solution for one of the biggest industrial processes in the world.”