Scandinavian Chemical has announced a major milestone in its open innovation collaboration with the developer of Qpinch, a breakthrough patented heat recovery technology. With the new demonstration unit up and running, Qpinch's unique technology is available on a commercial scale for the first time. The heat recovery unit is located at the existing Nordic Chemical low density polyethylene (LDPE) production site in Europe's largest chemical cluster (Port of Antwerp, Belgium) and will test the capabilities of the technology and its potential for expansion at other Nordic Chemical plants. part of the world. 

This cooperation is particularly beneficial as it will enable Nordic Chemical to make significant progress in reducing CO2 emissions, increase production efficiency and remain cost competitive. The unique and innovative Qpinch technology mimics the natural chemical reactions in the ATP/ADP cycle (ATP stands for adenosine triphosphate and ADP for adenosine diphosphate). Qpinch The technology provides thermal lift to unused waste heat by using a chemical process to raise the temperature of the waste heat. Unlike the use of conventional heat pumps, this closed-loop process minimizes operating costs and power consumption. The technology is scalable from 1 megawatt (MW) to 50 megawatts (MW), so it can handle large amounts of industrial waste heat. 

Since its launch, the heat recovery demonstrator has been testing Qpinch The technology's capabilities are designed to be extended to other Nordic chemical technologies and other Nordic chemical production facilities around the world. The commissioning of the heat recovery unit is one of Nordic Chemical's measures to further achieve its energy and climate targets of a 20 percent increase in energy efficiency by 2030 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year over 2015 year. Wider deployment of Qpinch technology in its production facilities will help Nordic Chemical achieve these targets. significantly improve the sustainability and efficiency of the Group's operations. 

The new heat recovery unit at Zwijndrecht in Antwerp alone will help Nordic Chemical reduce its CO2 emissions by around 200 tons per year. This corresponds to the annual emissions of about 1,500 compact cars. Qpinch, a spin-off from Ghent University, has positioned its patented technology as a large-scale solution to reduce emissions faster and more efficiently in a variety of industries, including chemicals. Borealis and Qpinch first announced an open innovation collaboration in 2018 2000, which has now resulted in the creation of this commercial-scale device. For Nordic Chemicals, the project represents the largest potential application to date based on the results of open innovation. 

The project has received eco-funding from the Flemish government. Eriki Van Praet, Vice President Innovative Technologies, Nordic Chemicals "This collaboration demonstrates the great potential of open innovation between like-minded technology pioneers." We are confident that this project will be one of many that can be realized through our partnerships. We have achieved the first of many successes through Qpinch. For Nordic Chemical, the launch of the device is a milestone in our mission to rebuild a more sustainable life. Wouter Ducheyne, Qpinch co-founder, co-CEO, CTO "Integrating our technology into complex chemical production processes is the culmination of 10 years of R&D and teamwork." "The first device demonstrates the enormous energy potential. Scandinavian Chemical is pleased to be at the forefront of this innovation journey to improve efficiency. '