Angara Industries has entered a strategic partnership with Power2X to strengthen the implementation of its innovative decarbonization technology and contribute to reducing more than 1 Gigaton of CO2 emissions and realizing $50Bn in savings per year in petroleum refining, petrochemical, chemical, and other energy intensive industries globally.
Angara Industries and Power2X aim to build a decarbonization ecosystem to help clients reach their net zero targets. Angara’s solution to clean fouled heat exchangers contributes to major emissions reductions and cost savings. Power2X has deep industrial decarbonization and international management consulting expertise to strengthen the implementation of Angara’s technology. With this collaboration, clients will be able to quickly assess and implement new technology, embed solutions structurally, and capture tangible financial and emission benefits.
Occo Roelofsen, the Founding Partner of Power2X, said: “We are very excited to be the strategic partner of choice for Angara to support the implementation of their technology. Improving energy efficiency is an attractive and essential first step for many clients to decarbonize. Power2X’s deep industrial decarbonization expertise and project management capabilities combined with Angara’s innovative technology solution create a compelling offer to our clients to rapidly implement practical solutions that effectively reduce CO2 emissions.”
Val Krivenko, the Co-founder and the Executive Chairman of Angara Industries, said: “This is an important step for us as we scale up and develop our business across Europe, America, and Asia. We see clear synergies and benefits for our clients from combing our capabilities. We are similar in the sense that we bring practical solutions and pragmatic approaches to address decarbonization challenges and reduce emissions instead of battling against the Oil and Gas industry.”
About Angara Industries: Angara Industries is a decarbonization technology company that helps clients across energy intensive industries globally to abate emissions and save costs through innovative cleaning of fouled heat exchangers. Angara’s patented chemical recipes and AI-powered micro-turnaround approach enable heat exchangers to run more efficiently, reduce fuel consumption, improve production yield, and save cost. The technology offers a practical and commercially attractive solution to abate millions of tons of CO2 emissions. The technology is currently being deployed at scale with clients in Southeast Asia, Europe, and the United States.
About Power2X: Power2X is a mission driven consultancy and project developer focused on the energy transition. Power2X helps its clients thrive in the energy transition and develops ‘next generation’ energy assets for a sustainable, reliable, and affordable energy system of the future. Power2X focuses on creating and realizing a range of clean hydrogen, biofuels, and adjacent energy assets and solutions to drive deep industry decarbonization. Power2X supports the design and execution of business strategy and approaches to decarbonization across multiple sectors, including oil refining, power, petrochemicals, and other energy-intensive industries in Europe, North Africa, and the Middle East