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Emerson (EMR) Chosen to Automate Syzygy's Reactor Technology

Zacks Equity Research
·2 min read

Emerson Electric Co. EMR has been chosen by Syzygy Plasmonics, a deep-decarbonization company, to automate its innovative catalyst reactor technology that uses light instead of thermal energy for chemical manufacturing.

Designed to replace fossil fuel-based combustion, Syzygy’s all-electric production method helps reduce industrial greenhouse gas emissions and operational costs. The company expects its reactor systems to eliminate 1 gigaton of carbon dioxide emissions by 2040.

Emerson will provide its DeltaV distributed control system, industrial software for process simulation and data analytics for the Syzygy modular reactors. It will also provide Syzygy with Rosemount instrumentation for measuring pressure, temperature, level and flow; and Fisher valves for controlling pressure and improving safety.

Emerson Electric Co. Price

Emerson Electric Co. Price
Emerson Electric Co. Price

Emerson Electric Co. price | Emerson Electric Co. Quote

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Syzygy’s catalyst reactor technology aims to decarbonize in a cost-effective manner by electrifying carbon-intensive activities and reducing the carbon intensity of hydrogen, methanol and fuel production. By using light to energize chemical reactions, the Syzygy reactor reduces the carbon footprint in transportation fuels.

Zacks Rank & Other Key Picks

Emerson currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks within the broader Industrial Products sector are as follows:

ABB Ltd ABB presently carries a Zacks Rank #2. The company pulled off a trailing four-quarter earnings surprise of 8%, on average. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks.

ABB has an estimated earnings growth rate of 26.5% for the current year. The stock has rallied 21.6% in the year-to-date period.

Allegion plc ALLE presently carries a Zacks Rank #2. The company delivered a trailing four-quarter earnings surprise of 12.5%, on average.

Allegion has an estimated earnings growth rate of 16.3% for the current year. The stock has gained approximately 4% in the year-to-date period.

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Emerson Electric Co. (EMR) : Free Stock Analysis Report

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Allegion PLC (ALLE) : Free Stock Analysis Report

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Zacks Investment Research