Gaurab Chakrabarti, CEO of Solugen, took the stage at the Produced Water Society 34th Annual Conference, with a compelling vision for decarbonizing the chemical industry. The presentation focused on the practical applications of bio-based solutions in unlocking the potential for operators to decarbonize without compromising on cost and performance.
Here are some of the key takeaways from his Keynote Address:
Redefining Manufacturing Economics
Chakrabarti framed Solugen’s mission within the context of a pressing need for change in the chemical industry. Traditional manufacturing processes, reliant on fossil fuels, have long been a source of carbon emissions. Solugen offers a new paradigm, leveraging circular feedstocks, efficient processes, and local supply chains to redefine manufacturing economics. This innovative approach not only minimizes environmental impact but also promises significant cost advantages for industry partners.
The Bioforge Advantage
At the heart of Solugen’s innovation is the Bioforge platform, a first-of-its-kind combination of biology and traditional chemical engineering. This unique integration unlocks unprecedented efficiency and sustainability, allowing Solugen to produce essential materials at scale with minimal environmental footprint. By harnessing the power of computationally engineered enzymes and heterogeneous metal catalysts, Solugen has introduced a better way to manufacture chemicals, paving the way for a more sustainable future.
Addressing Industry Challenges
One of the most compelling aspects of Chakrabarti’s keynote was Solugen’s focus on real-world challenges facing the industry. Produced water management, a longstanding issue for the oil and gas sector, emerged as a key area of opportunity. A typical chemical program used in saltwater disposal application includes EDTA, THPS, and Citric Acid. These chemistries have a relatively large carbon footprint. Through carbon-negative solutions like Verza360, Solugen is revolutionizing produced water treatment, offering operators a path to compliance, cost savings, and environmental sustainability. By replacing or complementing incumbent chemistries with innovative products, Solugen is driving tangible reductions in carbon emissions and operational costs.
Decarb Solutions in Action
During the presentation, Chakrabarti presented a compelling case study that highlighted the real-world impact of Solugen’s solutions. Through a partnership with a midstream operator, Solugen deployed their Verza360 solution to address challenges in saltwater disposal wells. The results were impressive: a 78% drop in total suspended solids (TSS) content, an 85% reduction in barrels of oil per day (BOPD) injected. This led to major improvements to operational performance, including substantial savings to the total cost of operation of over $2.5 million.
Collaboration for Impact
Chakrabarti emphasized the importance of collaboration in driving sustainability goals forward. Solugen offers high-performance, cost-effective solutions that seamlessly integrate into existing systems. By working together, industry players can accelerate the transition to a more sustainable future while reaping the benefits of Solugen’s innovative technologies. In addition, Solugen is actively seeking to collaborate on custom formulations or developing new applications to address the unique challenges in the industry.
Chakrabarti offered a glimpse into the future of Solugen. With plans to expand domestic capabilities and supply chains, Solugen is poised to lead the charge in combating climate change. New molecules and state-of-the-art facilities underscore Solugen’s commitment to innovation and sustainability, promising a brighter future for the chemical industry and beyond.
By embracing bio-based solutions and fostering collaboration, industry stakeholders can unlock a world where sustainability and profitability go hand in hand. For more information about how Solugen’s products can help decarbonize your operations without compromising performance, visit solugen.com/oilandgas or reach out to chat with one of our experts directly at firstname.lastname@example.org