Tube Tech International has announced that it has received Horizon 2020 SME Instruments funding to develop the next generation of its patented Shell Side Jet™ solution, which the company claims will deliver the first ever technology guaranteed to remove fouling from the outside heat transfer surface of shell and tube exchangers.
Heat exchanger fouling is one of the biggest challenges in refinery operations around the world, resulting in billions of dollars in lost revenue every year and a negative, long-term impact on CO2 emissions.
The Horizon 2020 SME Instrument is a public funding programme that funds risk innovation in small businesses. It funds market-creating innovation in disruptive small businesses that have significant growth potential and global ambitions. The SME Instrument is part of Horizon 2020 – the EU's €80 billion funding programme for Research and Innovation.
As part of the programme’s goal to radically reduce carbon emissions and achieve climate resilience by the second half of the century, Tube Tech’s Shell Side Jet solution has been granted funding in recognition of the benefits it can bring to the performance of the petrochemical industry and its environmental responsibility.
Henry Mwai, Project Manager for Tube Tech International, said: “It is a privilege to be part of the Horizon 2020 project, particularly given the competitiveness of the programme’s funding allocation. We are very grateful for the opportunity and support to develop and showcase Shell Side Jet and the difference it can make to critical cleaning challenges in a worldwide market.”
During the project, Shell Side Jet robotic cleaning and inspection performance will be tested and verified in real environments on multiple locations on fouling levels of 60% to over 90%.
Read the article online at: https://www.hydrocarbonengineering.com/product-news/18062018/tube-tech-receives-eu-funding/