PKN ORLEN launches a crowdsourcing project to promote technology innovation
WARSAW, Poland, Oct. 1st, 2015 /PRNewswire/ -- PKN ORLEN has launched Poland’s first open contest to find innovative solutions improving the energy efficiency of production processes. In line with its new approach to R&D, the Company chose a crowdsourcing model. Contestants from all over the world, including research institutes, companies, independent researchers, consultants and students, are invited to submit their proposed solutions.
The aim is to find the most creative technology concept for efficient recovery and utilisation of low-temperature heat from distillation columns. To manage the project, the Company has partnered with NineSigma, an international crowdsourcing leader, which has organised similar initiatives for BASF, GE and Siemens − companies in the vanguard of innovative industrial technologies. Contestants can enter their submissions via a dedicated NineSights web platform, available from the PKN ORLEN challenge website.
“Sustainable use of natural resources is our responsibility, which is why we are constantly on the lookout for new solutions to improve energy efficiency in the course of our production activities. At the same time, we put stock in a different, but vitally important, energy source – human creativity. That’s why we have turned to crowdsourcing. Through this contest, we invite bold and innovative thinkers to help us find more efficient and environmentally-friendly solutions,” said Jacek Krawiec, President of the PKN ORLEN Management Board.
“We are happy to be working with PKN ORLEN, assisting them in their worldwide search for the best technology solutions meeting their current and future needs. It is through this kind of global collaboration, that we hope to create real breakthroughs enabling efficient and sustainable management of natural resources,” said Rick Wielens, European CEO of NineSigma.
Three winners will each receive prizes of EUR 10,000 from PKN ORLEN. Those who come up with the best projects may be invited to negotiate with PKN ORLEN over their pilot implementation, with a possibility of installing them on as many as seven process units if successful. The contest is open until December 9th 2015. The submissions will then be evaluated by a team of PKN ORLEN engineers and experts, who will select the most promising ones. The finalists and winners will be announced in late March or early April 2016. Submissions can only be made online, via NineSights.com. For detailed information on the contest, see heatupinnovation.com.
About PKN ORLEN
With annual sales of approximately 25,5 billion euros (2014) PKN ORLEN is not only the largest company in Central Eastern Europe and the only Polish company listed among the prestigious Fortune 500,but also the most valuable corporate brand in Poland. In recent years, the leading petroleum and petrochemical group in Central Europe has repeatedly received awards for its ethical corporate governance and as the best Polish Employer. The Company is building assets and competence in gas-fired co-generation, and by having acquired TriOil and Birchill, Canada-based oil and gas companies, it has also gained a foothold in one of the world's most technologically advanced hydrocarbon production markets.
About NineSigma
NineSigma connects organisations with external innovation resources to accelerate innovation in private, public and social sectors. NineSigma has the largest open global network of solution providers and an extensive database of existing solutions spanning numerous industries and technical disciplines. In 2015, the company was again named to the Inc. 5000 list of fastest growing private companies in America.