VATIS UPDATE Article

3M, the United States, science-based company fuelled by innovation, showcased 3M™ Novec™ 1230 Fire Protection Fluid, at the ADIPEC held in Abu Dhabi, UAE on 7-10 November. Novec™ 1230 fluid is a revolutionary clean fire suppression agent that reduces the climate impact of a fire protection system by more than 99%. As a clean agent Novec™ 1230 fluid is electrically non-conductive and does not leave any residue when it evaporates resulting in no damage towards sensitive electronics or other valued assets.

According to a recent research report by Transparency Market Research, the global fire protection systems market for oil and gas is forecasted to reach USD 8.93 billion by the end of 2023. “Rising oil and gas exploration activities is one of the core drivers of fire protection systems in the industry,” said Martin Parsons, Regional Business Leader, Electronics and Energy Business Group, 3M.

“Stringent regulations and technological advancements from across the world are also key drivers. Today’s clean agent solutions should not just be environmentally sustainable, but should help protect businesses from incurring costs, potentially in the millions, that result from downtime when repairing or replacing equipment,” Parsons added.