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- Major milestone achieved with completion of commercial-scale process design package
- Standardised design basis supports global deployment and licensing
- Design confirms industrial-scale capability and economic viability
- Enables marketing of a standardised design with a high level of engineering maturity
Hazer Group (ASX: HZR) has achieved a milestone for the development of its unique Hazer Process with the completion of a comprehensive process design package (PDP).
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Created in close collaboration with leading international engineering firm Kellogg Brown & Root, the PDP validates, optimise and standardises a commercial-scale Hazer plant design, fast-tracking customer take-up and licensing.
Hazer CEO, Glenn Corrie, said the work has established a consistent engineering baseline that supports deployment across multiple applications and geographies.
“Completing the PDP marks a major milestone for our go-to-market strategy as Hazer accelerates toward commercial deployment. It delivers a standardised, large-scale design that industrial customers and project developers can readily adopt and progress, providing a clear and economically viable pathway to project development,” Mr Corrie said.
“Together with KBR, we believe Hazer is a clear leader in methane pyrolysis, offering a scalable, cost-effective and ready-to-deploy solution at a time when energy and mineral security are increasingly important.”
The PDP includes a fully integrated process design, major equipment selection and agreed design philosophies consistent with global engineering standards.
Jay Ibrahim, president, KBR Sustainable Technology Solutions, said the milestone demonstrates the Hazer Process is at a level of technical maturity typically associated with advanced industrial technologies progressing toward broader commercial deployment.
“We are pleased to announce the achievement of this important milestone, representing a pivotal advancement in the ongoing collaboration between KBR and Hazer for methane pyrolysis technology,” he said.
“The completion of the comprehensive process design package demonstrates both KBR and Hazer’s commitment to advancing methane pyrolysis toward commercial scale deployment. With a high degree of engineering maturity established, KBR is positioned to further customise this process to align with expected client requirements and deliver engineering excellence.”
Mr Corrie said with a standardised design framework in place, Hazer and KBR can now develop tailored PDPs more efficiently as part of the technology package required by clients for feasibility studies, Licensor Basic Engineering Design (LBED) and front-end engineering and design (FEED).
“This allows customers to evaluate the Hazer Process within their own operations using a well-defined design basis. By conducting the PDP process internally Hazer and KBR significantly reduce the risk of material change to the process and associated Opex and Capex when completing customised customer plant development.”
The PDP design is based on a 30,000 tonnes per annum hydrogen plant, confirming large industrial scale capability.
Mr Corrie said this design supports scale-up across a range of configurations, including 10,000 tonnes per annum (ktpa) to 50 ktpa single train plants and multi-train developments exceeding 100 ktpa.
HZR is up 13.2% to 38.5c. Mkt cap $90.33M.
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