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Source: Globuc
Mr Carmann highlighted the pressures of rising demand for petrochemicals and polymers, particularly in emerging markets, alongside government targets for CO2 reduction. Global CO2 emissions have reached nearly 59 gigatons per year, with the chemical industry accounting for 4%. Demand is expected to triple by 2050, and Mr Carmann warned, "A business-as-usual approach is no longer an option. Chemical operations need to cut CO2 emissions by up to 80% to meet targets."
Lummus Technology is leading decarbonisation through three pathways: process improvements, green energy adoption, and carbon capture. Mr Carmann explained that process improvements, such as increased energy efficiency and using alternative feedstocks like biofeeds and recycled plastics, are key. He also emphasised adopting green energy, including hydrogen and electricity, to eliminate CO2 emissions.
The third pathway is carbon capture and utilisation. "After carbon dioxide is produced, capturing it and using it for another purpose is key. Ultimately, technology innovation is required — and that’s where Lummus Technology comes in," Mr Carmann said.
Mr Carmann spoke about Lummus Technology’s role in Kazakhstan's first ethylene plant, the Silleno project. Lummus competed in a design competition and worked with engineering companies like Technica Srinivas to develop detailed cost estimates. "We were very excited that ultimately, Lummus was selected," Mr Carmann shared. The project, expected to be completed by 2029, will see Lummus supporting Technica Srinivas and Silleno throughout the plant’s lifecycle.
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