As the cost of renewable energy decreases, many organizations are looking to electrify their operations to reduce carbon emissions. One promising area for decarbonization is industrial heating, which accounts for a large fraction of global emissions. However, heating networks in…
Last month, Cemex, S.A.B. de C.V. (Cemex; Monterrey, Mexico; www.cemex.com) and Synhelion SA (Lugano, Switzerland; www.synhelion.com) successfully connected the clinker production process with the Synhelion solar receiver to produce solar clinker. The milestone is a first step towards fully solar-driven…
Chevron Corp. (San Ramon, Calif.) and Renewable Energy Group, Inc. (REG; Ames, Iowa) announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The…
Honeywell International Inc. (Charlotte, N.C.) announced that bp plc (London) and Honeywell have signed a licensing agreement for Honeywell UOP’s Ecofining technology. bp is undergoing pre-feed engineering for its proposed diesel and sustainable aviation fuel (SAF) project in Western Australia.…
Chevron U.S.A. Inc., a subsidiary of Chevron Corp. (San Ramon, Calif.), announced it has made a new investment in Carbon Clean (London), a global leader in cost-effective industrial carbon capture. The size and cost of installing carbon capture technology has…
ExxonMobil Corp. (Houston) has made a final investment decision to expand carbon capture and storage at its LaBarge, Wyoming, facility, which has captured more CO2 than any other facility in the world to date. The expansion project will capture up…
Vertex Hydrogen, the joint venture between Essar Oil UK and Progressive Energy, has unveiled a report detailing the development of the U.K.’s first large-scale low-carbon hydrogen production plant. The report can be accessed here. The report has been launched by…
Sumitomo Chemical Co. (Tokyo, Japan) and Microwave Chemical Co., Ltd. have started joint development of a process to produce hydrogen by pyrolyzing methane through the use of microwaves, aiming to begin commercial production in the early 2030s, with a capacity…
Solvay S.A. (Brussels, Belgium) is adapting one of its existing boilers to increase its co-combustion rate with biomass at its largest European soda ash plant in Devnya, Bulgaria. By powering the boiler with 30% biomass, the CO₂ emissions related to…
Teijin Ltd. (Toyko) has agreed to form a business alliance with Fuji Design Co., Ltd., a Japanese manufacturer of recycled carbon fibers, to establish a business structure for the production, supply and commercialization of carbon fiber reinforced plastic (CFRP) products…