Source: Marketscreener

O-I Glass: O-I Glass, Inc. and Linde Partner to Install OPTIMELTTM TCR Technology at Holzminden, Germany, Plant to Improve Efficiency and Reduce Emissions

O-I Glass Inc. and Linde announced plans to install Linde's proprietary OPTIMELTTM Thermochemical Regenerator (TCR) technology at O-I's container glass plant in Holzminden, Germany. This collaboration is expected to significantly reduce both fuel consumption and fuel-based Scope 1 carbon dioxide emissions for O-I. Linde offers a broad range of technologies, including the patented OPTIMELTTM TCR technology, to help glass manufacturers increase the energy efficiency of their melting operations. This unique technology recovers waste heat from glass furnace flue gas to preheat and reform the natural gas feed. This decreases fuel consumption of the melting process by approximately 30% versus furnaces that do not feature this technology. The OPTIMELT TCR technology is also compatible with a range of fuels such as low carbon hydrogen or blends of hydrogen and natural gas. Linde's OPTIMELTTM T CR technology is being implemented by glass manufacturing customers worldwide, including in the United States. In addition, O-I has commissioned Linde to install an advanced Centrifugal VITRON Vacuum Pressure Swing Adsorption (VPSA) plant at the Holzminden plant to produce a steady supply of oxygen for the furnace. As part of Linde's ECOVAR small on-site portfolio, the VITRON plant incorporates the latest proprietary Linde technology to significantly improve power efficiency, lower noise emissions, and further reduce the environmental footprint for O-I and for multiple global customers in the glass industry. O-I Glass Inc. and Linde announced plans to install Linde's proprietary OPTIMELTTM Thermochemical Regenerator (TCR) technology at O-I's container glass plant in Holzminden, Germany. This collaboration is expected to significantly reduce both fuel consumption and fuel-based Scope 1 carbon dioxide emissions for O-I. Linde offers a broad range of technologies, including the patented OPTIMELTTM TCR technology, to help glass manufacturers increase the energy efficiency of their melting operations. This unique technology recovers waste heat from glass furnace flue gas to preheat and reform the natural gas feed. This decreases fuel consumption of the melting process by approximately 30% versus furnaces that do not feature this technology. The OPTIMELT TCR technology is also compatible with a range of fuels such as low carbon hydrogen or blends of hydrogen and natural gas. Linde's OPTIMELTTM T CR technology is being implemented by glass manufacturing customers worldwide, including in the United States. In addition, O-I has commissioned Linde to install an advanced Centrifugal VITRON Vacuum Pressure Swing Adsorption (VPSA) plant at the Holzminden plant to produce a steady supply of oxygen for the furnace. As part of Linde's ECOVAR small on-site portfolio, the VITRON plant incorporates the latest proprietary Linde technology to significantly improve power efficiency, lower noise emissions, and further reduce the environmental footprint for O-I and for multiple global customers in the glass industry.

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Annual Revenue
$5.0-10B
Employees
10-50K
Gordon J. Hardie's photo - CEO of O-I Glass

CEO

Gordon J. Hardie

CEO Approval Rating

82/100

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