Episode 1261: Think Tank: Electric cracker furnace shows power of chemical industry innovation

The overall winner of this year’s ICIS Innovation Awards - BASF, Linde and SABIC’s electrically-heated steam cracker furnace - could have a massive impact on overall chemical industry emissions if the technology is widely adopted. -          World’s first electrically-heated steam cracker at demonstration stage-          Cuts CO2 emissions by up to 95% compared with natural gas-fired crackers-          Linde, BASF, SABIC win shows strength of partnerships-          Challenges include obtaining sufficient renewable energy, financing for scale up-          Financial risks can be reduced by converting one furnace at a time