to drive the circular economy - Borealis
The unique and revolutionary Qpinch technology mimics the natural chemical reactions that take place in the human body in the so-called ATP/ADP cycle (in which ATP refers to adenosine triphosphate, and ADP to adenosine diphosphate). By using a chemical process to raise the temperature of waste heat, the Qpinch technology provides a heat lift for waste heat that could otherwise not be utilised. Unlike the use of conventional heat pumps, this closed-loop process minimises operational costs as well as electricity use. The technology is scalable from one to 50 megawatts (MW) and is therefore able to process enormous levels of industrial waste heat.
Since its start-up, the heat recovery demonstration unit has been testing the capabilities of the Qpinch technology with view to scaling it up for use in other Borealis production facilities around the world, as well as for other Borealis technologies. The start-up of this heat-recovery unit is one of several initiatives bringing Borealis closer to its Energy & Climate goal to be 20% more energy efficient by 2030 compared to 2015. More widespread use of the Qpinch technology in production facilities would enable Borealis to significantly increase the sustainability and efficiency of its Group operations. The new heat recovery unit in Zwijndrecht/Antwerp alone will enable Borealis to save approximately 2,200 tons of CO2 per year, or the equivalent of the annual emissions of around 1,500 compact cars.
A spin-off from Ghent University, Qpinch is positioning its patented technology as a large-scale solution for reducing emissions more quickly and efficiently in a range of industries, including chemicals. Borealis and Qpinch first announced in 2018 the open-innovation collaboration that has now resulted in this commercial scale unit. For Borealis, this project marks the largest potential application to date based on the results of open innovation. The project has received ecology funding support from the Flemish government.
Life demands progress. This collaboration points to the enormous potential of open innovation between like-minded technology pioneers. We are confident that this project will be the first of many successes built on co-operation with Qpinch. For Borealis, the start-up of this unit is a landmark achievement in our mission to re-invent for more sustainable living.Erik Van Praet, Vice President Innovation and Technology, Borealis
The integration of our technology in a complex chemical production process is the culmination of ten years of R&D and teamwork. This first unit demonstrates the vast potential of energy efficiency, and it's great to have Borealis as a first mover on this innovation journey.Wouter Ducheyne, Qpinch co-founder, co-CEO and CTO