3M, a science-based company, has rolled out the Novec 1230 fire protection fluid that helps reduce the impact of a fire protection system on the climate by more than 99 per cent.

As a clean agent, Novec 1230 is electrically non-conductive and does not leave any residue when it evaporates, resulting in no damage to sensitive electronics or other valued assets. 

“Rising oil and gas exploration activities is one of the core drivers of fire protection systems in the industry,” says 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.”

According to a recent research report by Transparency Market Research, the global fire protection systems market for oil and gas is forecast to reach $8.93 billion by the end of 2023.

Frost & Sullivan revealed that the region’s fire-safety systems market is estimated to hit $3.15 billion by 2020. 

In November 2015, 197 parties to the Montreal Protocol on substances that deplete the ozone layer agreed on a “Dubai Pathway” for controlling climate-change-inducing hydrofluorocarbons (HFCs) such as FM-200.

“We are confident that once key stakeholders in the region understand the global policy impacting the fire suppression market and that sustainable choices are available, they will avoid non-sustainable technology,” says Parsons.