Qpinch enters into collaboration with Borealis

(24-10-2018) Borealis announces collaboration with start-up Qpinch to scale up revolutionary heat recovery technology.

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers has announced its collaboration with Qpinch, a start-up that has developed a revolutionary technology to recover industrial waste heat, using an innovative chemical process. The start-up attracted intense industry attention after winning the 2015 “Emerging Technology” award in the annual competition sponsored by the Royal Society of Chemistry in the UK. Borealis and Qpinch have agreed to scale up this technology – which was patented in cooperation with Ghent University (Prof. Christian Stevens) - to full commercial size.

The Qpinch technology mimics natural processes that store and release energy in living cells – a cycle known as ATP/ADP (where ATP refers to adenosine triphosphate and ADP to adenosine diphosphate). The technology provides a heat lift for industrial waste heat by raising the temperature of waste heat by means of a chemical process. In contrast to 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 can thus process massive levels of industrial waste heat.

Borealis open-innovation collaboration with Qpinch on a full-scale commercial unit is an important step forward in the Borealis journey to reduce CO2 emissions and make its operations more energy efficient and sustainable. Every year 2,200 tons CO2 year will be saved, which is the equivalent of 1,500 small family-cars per year. The heat recovery unit will be located at an existing Borealis low-density polyethylene (LDPE) plant in Zwijndrecht/Antwerp, in Europe’s largest petrochemical cluster. With operations scheduled to begin in the second half of 2019, the unit will be the the first ever application of this new technology at commercial scale in a polyolefin plant. The Flemish Government enabled the realisation of the project with ecology funding support.

Qpinch

Qpinch is an innovative technology provider offering solutions to reduce the overall carbon emissions of world’s process industry whilst improving the energy efficiency. Qpinch is based in Antwerp, Belgium and currently employs 14 people. The Qpinch technology is applicable in diverse industrial processes with a main focus on basic petrochemicals; being olefins, aromatics and polymers and refining technology. Qpinch is a subsidiary of Caloritum, who developed the technology in cooperation with Ghent University (Prof. C. Stevens, Department of Green Chemistry and Technology, Faculty of Bioscience Engineering). Caloritum is a spin-off of Ghent University.