Accelleron – The New Face of ABB Turbocharging
ABB has launched its Turbocharging division's new brand, Accelleron, aimed at operationally separating the division as it considers sale or spin-off options by mid-2022. The brand symbolizes a focus on sustainable power solutions and innovation, building on over 100 years of experience. In 2021, Accelleron generated $750 million in revenue and serves around 6,000 customers worldwide. The division is positioned to capitalize on the demand for efficient technologies amid decarbonization efforts in industries like maritime, with significant CO2 emissions reduction capabilities.
- New brand name 'Accelleron' supports operational separation strategy.
- Achieved revenues of approximately $750 million in 2021.
- Serves an estimated 6,000 customers globally.
- Leading in sustainable technologies and alternative fuels development.
- None.
- New brand first step on company's journey towards separate value creation
- Accelleron conveys ambition “to succeed and move further”
The new brand is centered around the company's purpose: Together we inspire, innovate & exceed expectations – setting industry benchmarks for the benefit of all. It also builds on the company’s legacy of over 100 years in turbocharging, embodying the ambition to continue its development as a global market-leader in its sectors, helping the world succeed and move further in a more sustainable way. The first practical application of turbochargers, which were invented by Swiss national Alfred Büchi, was for large marine engines built by
The new brand is part of ABB’s portfolio management strategy to operationally separate the Turbocharging division before a final decision is made between a sale or a spin-off of the business towards the end of the first quarter. Whichever path is chosen by
“Unveiling the Accelleron brand is a seminal moment for our business. We are proud about our heritage but are also excited about our next chapter of growth, providing cutting-edge technology and service solutions for our clients,” said CEO
Accelleron is a global leader in turbocharging technologies and optimization solutions for 0.5 to 80+ MW engines, helping to provide sustainable and reliable power to the marine, energy, rail, and off-highway sectors. With an installed base of approximately 180,000 turbochargers and a network of more than 100 service stations worldwide, its innovative technologies and digital solutions give its customers the power to move further.
In 2021, it achieved revenues of approximately
One key market driver- in Accelleron's industry is the trend towards decarbonization against the background of international and national regulations. For example, the International Maritime Organization’s goal of halving GHG emissions from ships by 2050 is driving demand for efficient and sustainable technologies. Upgrades and new net-zero carbon fuel technologies are expected to support the strategic direction of the business in the next years. Accelleron is leading in technology and commercial prototype projects with alternative fuels such as hydrogen, methanol, and ammonia.
Turbochargers enable significant improvements in efficiency, increasing engine output by up to 300 percent and thereby energy efficiency by up to 10 percent1. Conventional engines would be up to four times their size without a turbocharger2. Under ideal conditions, ABB’s turbochargers offer a further 2 percent improvement compared to the industry benchmark, amounting to
ABB’s turbochargers reduce fuel consumption and hence CO2 emissions by an average of 405,000 tons per annum4 for the shipping industry alone, while also playing a crucial role in balancing power for national grids, power extensions in emerging economies and microgrids as well as back-up power for critical infrastructure, e.g., data centers.
More information about the Accelleron brand can be found on its new website, www.accelleron-industries.com
Important notice about forward-looking information
This press release includes forward-looking information and statements which are based on current expectations, estimates and projections about the factors that may affect our future performance, including the economic conditions of the regions and industries that are major markets for
1 Engine power is directly proportional to the amount of air that is put in the cylinder. Increasing the air density (turbocharging) increase the power output of the engine. With a pressure ratio of 4, engine output increase by
2 Reference https://www.abb-conversations.com/2013/02/size-matters-sure-but-in-a-turbocharger-power-matters-more/
3 Based on average fuel price of
4 1 vessel with
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