As a result of the refurbishment, about 60 percent of the Shell Technology Center Houston is new or renovated, stated London-based Shell. Improvements in the new site include a 30-percent reduction in CO2 emissions and a significant reduction in chlorofluorocarbons at its technology center.
“Shell has spent over a billion dollars a year on researching and developing new technologies – more than any of our peers. This investment in innovation and a consistent commitment to collaboration are essential to spark new ideas and develop solutions to today’s and tomorrow’s energy challenges,” said Matthias Bichsel, director of Projects & Technology at Royal Dutch Shell. “They are the keys to delivering much needed energy for a rapidly growing global population and ensuring improved living standards for millions of people now and in the future.”
To celebrate the grand opening of its refurbished location, Shell today hosted an Innovation Summit. The event, which runs through tomorrow, brings Shell business and technology leaders together with cross-sector experts to explore how collaboration can generate innovative thinking and new ideas on complex societal issues.
The Innovation Summit also features an interactive exhibit hall and plenty of speakers and panelists focused on the value of innovation, technology and collaboration.
"Our collaborative work with organizations, such as X PRIZE Foundation, MD Anderson and NASA, and other technical partnerships, such as Scuderia Ferrari, Penske Racing and Hendricks Motorsports, will continue to provide the ingredients of potential breakthroughs for energy, fuels and engine oil, space exploration, and even public health," said Marvin Odum, president of Shell Oil Co. and Director of Upstream for Royal Dutch Shell's subsidiary companies in the Americas.
