Celeros FT announces sustainability strategy

The company announced its vision to make sustainability the driving force behind its product development and lifecycle services following the recent divestment of its filtration business.

"We have been helping customers to improve efficiency and reduce emissions since our inception in 2020, but we are at an important inflection point in the global fight against climate change and as a company we need to recognise the challenges this raises for our customers and our own operations," says Jose Larios, President and CEO of Celeros Flow Technology.

"Our new mission clearly defines how our flow control solutions can support our customers’ sustainability goals by reducing their carbon emissions and environmental impacts. We are committed to engineering a more sustainable future by developing products for emerging applications in carbon capture and storage, new nuclear and renewable energy, while continuing to support existing customers in conventional power and energy to decarbonise their operations. Together, we can create a safer, more resilient and cleaner energy future.”

New energy, nuclear and defence are all targeted areas of growth for Celeros FT, but the company remains committed to supporting all its customers across the energy spectrum. Celeros FT predicts that demand for its lifecycle services will grow as the world seeks to decarbonise existing industrial activities.

Says Larios: “The energy transition will take time to deliver, and we cannot ignore the role that oil and gas continues to play in the global economy. We therefore need to focus on making these operations as sustainable as possible. Modernising existing assets to minimise emissions and reduce energy consumption is key. Celeros FT supports this process through the development of low-emission flow control technology and the optimisation of assets through maintenance and upgrades. Our full lifecycle solutions are designed to help any customer reduce emissions, optimise operational efficiency and deliver sustainable returns.”

In line with its new mission, Celeros FT has just made a significant investment in a nuclear testing facility in France, which provides a unique test-bed for developing safety-critical pumps for the next generation of EPR2 nuclear reactors. Major modernisation is also taking place at its flagship global pumps facility in Glasgow, including environmental and energy upgrades, to facilitate manufacture of critical pumps that support national energy security and sustainability policies. Its Valves business has recently introduced the Green Valve Packing System, designed to dramatically reduce fugitive emissions, and its signature Bandlock™2 Closures are now hydrogen-ready.

Celeros FT has set a goal to make its own operations carbon neutral by 2030, and to achieve net-zero emissions by 2050.

Read the article online at: https://www.worldpipelines.com/business-news/24102023/celeros-ft-announces-sustainability-strategy/