Today, Angara celebrates the first anniversary of its unique DecarbonX program, launched during the 2022 CERAWeek conference in Houston, TX. The program targets to deliver a carbon reduction of 230 million tonnes of CO2/year by 2030 in highly-emitting process industries like oil refining by delivering innovative approaches based on an AI-enabled suite of technologies to keep critical equipment like heat exchangers performing optimally. To date, the annualized decarbonization implementation pipeline targets 229 thousand tonnes CO2/year and is growing exponentially.
Fully realizing that it could not deliver such important targets without an ecosystem of strong value chain partners, Angara has been steadily forming partnerships and has signed up 6 Strategic Partners, with more in the pipeline. So far, they include refinery clients, service contractors, chemical blenders, energy consultants, and OEMs active in the heat exchanger and decarbonization space. Furthermore, in its first year, Angara has set up a fully-circular supply chain in Europe and is implementing this footprint in the Middle East, too, given the accelerated focus on decarbonization in that region.
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