Opcon and Alfa Laval examine possibilities for a joint company for Opcon Powerbox in the marine sector
Opcon, the energy and environmental technology Group, has signed a declaration of intent with Alfa Laval to investigate conditions for forming a joint company to serve the marine market. The basis for the collaboration is Opcon’s existing technology for recovering energy and saving fuel, which it is estimated could achieve fuel savings of 5-10 per cent onboard ships, together with Alfa Laval’s sales and distribution channels for marketing, sales and distribution of future products. “We are now taking an additional step forward in establishing our Opcon Powerbox technology in the marine sector, which has every prospect of becoming one of the most prominent market segments for Opcon Powerbox in the future. With its highly competent, global organisation, Alfa Laval is a very attractive partner for Opcon,” says Rolf Hasselström, President and CEO of Opcon. Two weeks ago, Opcon signed an agreement with Wallenius Marine concerning a first reference installation of Opcon Powerbox technology onboard a Wallenius vessel. This initial installation, which aims to utilise waste heat for onboard generation of electricity, is expected to be completed by the autumn of 2011. http://feed.ne.cision.com/wpyfs/00/00/00/00/00/10/F2/E2/wkr0011.pdf “Opcon Powerbox technology is of great interest to us because of what it offers in terms of recovering waste heat and cutting fuel consumption. Alfa Laval has already established a partnership with Opcon concerning Opcon Powerbox for industrial applications which we are currently developing. Now we are taking a further step forward to see how we can arrange collaboration in the marine segment going forward, says Joakim Thölin, General Manager, Segment Marine & Diesel, Alfa Laval AB. Large ships currently use large amounts of fossil fuels in their operation, which means that reduced fuel consumption would have a direct impact on emissions of CO2, NOx and sulphur. Today there are around 16,000 registered vessels in the world that have power output of over 10 MW. The entire commercial fleet accounts for 4-5 per cent of global carbon emissions. For further information, please contact Niklas Johansson, vice president, Investor Relations, Opcon AB, tel. +46 70 592 54 53 Opcon AB, Box 15085, 104 65 Stockholm, Sweden Tel. +46 8 466 45 00, fax +46 8 716 76 61 e-mail: info@opcon.se www.opcon.se
Tags: