Opcon signs co-operation agreement with MAN Diesel & Turbo
Opcon, the energy and environmental technology Group, has signed a co-operation agreement with MAN Diesel & Turbo SE, the world-leading manufacturer of diesel engines that has around 12,700 employees. The agreement covers marine applications for Opcon Powerbox technology.
The purpose of the agreement is to exploit opportunities to combine Opcon’s technology for increased energy efficiency and production of electricity from waste heat with MAN Diesel & Turbo’s market-leading diesel engines for reduced fuel consumption and lower emissions.
Opcon is presently working on a reference installation together with Wallenius Marine, which is also supported by the Swedish Energy Agency, on a MAN B&W 8S60ME-C8 engine.
“Co-operation with MAN and their interest in the energy efficiency that our Opcon Powerbox technology offers in marine applications, is yet another step forward for Opcon. With high petroleum prices and growing global trade boosting transport by sea, we see large opportunities for our energy-efficient waste heat recovery technology. Marine applications have good opportunities for becoming one of the key market segments for Opcon Powerbox in the future, “says Rolf Hasselström, President and CEO of Opcon.
A part of Opcon’s focus on Waste to Value, Opcon Powerbox is Opcon’s proprietary product for production of carbon-free electricity using primarily waste and surplus heat starting at temperatures of 55° C. Opcon Powerbox can be installed at plants in the process industry, power plants and on large diesel engines both at land and on sea. Opcon Powerbox can produce up to 6,000 MWh per year.
For more information, see the press release from MAN Diesel & Turbo: www.mandieselturbo.com
For further information, please contact
Niklas Johansson, vice president, Investor Relations, Opcon AB, tel. +46 8-466 45 00,+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
MAN Diesel & Turbo SE
MAN Diesel & Turbo SE, based in Augsburg, Germany, is the world’s leading provider of large-bore diesel engines and turbomachinery for marine and stationary applications. It designs two-stroke and four-stroke engines that are manufactured both by the company and by its licensees. The engines have power outputs ranging from 450 kW to 87 MW. MAN Diesel & Turbo also designs and manufactures gas turbines of up to 50 MW, steam turbines of up to 150 MW and compressors with volume flows of up to 1.5 million m³/h and pressures of up to 1,000 bar. The product range is rounded off by turbochargers, CP propellers, gas engines and chemical reactors. MAN Diesel & Turbo’s range of goods includes complete marine propulsion systems, turbomachinery units for the oil & gas as well as the process industries and turnkey power plants. Customers receive worldwide after-sales services marketed under the MAN PrimeServ brand. The company employs around 12,700 staff at more than 100 international sites, primarily in Germany, Denmark, France, Switzerland, the Czech Republic, Italy, India and China. MAN Diesel & Turbo is a company of the Power Engineering business area of MAN SE, which is listed on the DAX share index of the 30 leading companies in Germany.
The Opcon Group
Opcon is an energy and environmental technology Group that develops, produces and markets systems and products for eco-friendly, efficient and resource-effective use of energy.
Opcon has activities in Sweden, China, Germany and the UK. There are around 410 employees. The company’s shares are listed on Nasdaq OMX Stockholm. The Group comprises two business areas:
Renewable Energy focuses on generating electricity from waste heat, bioenergy, systems for handling natural gas, industrial cooling, recycling of heat, drying of biomass, treatment of flue gases, handling systems for biomass, etc., air systems for fuel cells and measurement and monitoring of processes.
Engine Efficiency focuses on energy-efficient solenoid technology and ignition systems for combustion engines including ethanol, natural gas and biogas engines.