Qpinch Overall Winner of the ICIS Innovation Awards 2020 – a most prestigious award in petrochemicals

16th November 2020

Our Heat Transformer, a radical climate innovation for the industry, has won the global #ICISInnovationAwards 2020 – one of the most prestigious prizes in the chemical industry. Apart from being the overall winner, Qpinch is also awarded the prize for the most innovative SME.

Our team wants to share this award with our first customers and pioneers Borealis, SABIC, and Kuraray. A few years ago, they accepted the challenge to invest in what was, then, an up-and-coming but still unproven technology. Thanks to them, we can show the world a new tool for large-scale and economic climate action. The first units will be operational in the first quarter of 2021, save thousands of tonnes of CO2 emissions per year and bring substantial cost savings.

‘Commenting on the overall winner Qpinch, Detlef Kratz, President of Process Research & Chemical Engineering at BASF said: “This technology can be multiplied across many applications and could be a breakthrough to help companies grasp the residual heat that all of our plants have. This could save endless amounts of energy.”‘

#ClimateAction #EnergyEfficiency #EnergyTransition

16th November 2020