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Latest News: Sustainability

Sumitomo Chemical announces “turquoise” hydrogen joint research project

Sumitomo Chemical Co. (Tokyo, Japan) and the National Institute of Technology Asahikawa College announced that they will accelerate joint research on a catalyst and a process for low environmental impact commercial production of turquoise hydrogen, along with joint research into…

BASF and MAN Energy Solutions enter into partnership for construction of one of the world’s largest heat pumps in Ludwigshafen

BASF SE (Ludwigshafen) and MAN Energy Solutions SE (Augsburg, both Germany) have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump at the BASF site in Ludwigshafen. This project is intended to make an important…

Neste makes €1.9-billion investment for expansion of renewable-products refinery in Rotterdam

Neste Corp. (Espoo, Finland) has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers' higher climate ambitions. Neste’s current 1.4 million…

Showa Denko begins development of microwave-based chemical-recycling technology for plastics

Showa Denko K.K. (SDK; Tokyo) and Microwave Chemical Co., Ltd. (Osaka) have started joint development of a new microwave-based chemical recycling technology to directly transform used plastic into basic chemical feedstock. The two companies are implementing various steps to achieve…

Vattenfall and Preem enter feasibility phase for green-hydrogen network connecting to refineries on Sweden’s west coast

After the initial announcement of their hydrogen partnership, Vattenfall AB and Preem AB (both Stockholm, Sweden) will now enter into a feasibility phase to assess the possibility of accelerating the development of a value chain connecting offshore wind and hydrogen…

Air Products and Gunvor planning green-hydrogen import terminal in Rotterdam

Air Products (Lehigh Valley, Pa.) and Gunvor Petroleum Rotterdam (GPR), a wholly-owned subsidiary of Gunvor Group (Gunvor), have signed a joint development agreement for an import terminal in Rotterdam. The agreement responds to the accelerating demand for green energy sources…

Neste acquires European rights to Alterra Energy’s thermochemical liquefaction technology for plastics recycling

Neste Corp. (Espoo, Finland) has purchased the European rights to the Alterra Energy (Akron, Ohio) liquefaction technology, further solidifying the company’s efforts to advance chemical recycling. Alterra Energy is a U.S.-based company that has developed a proprietary thermochemical solution for…

ExxonMobil, Grieg Edge, North Ammonia, GreenH to assess low-emission hydrogen/ammonia hub in Norway

ExxonMobil Corp. (Houston), Grieg Edge, North Ammonia and GreenH have signed a memorandum of understanding to study potential production and distribution of green hydrogen and ammonia for lower-emission marine fuels at ExxonMobil’s Slagen terminal in Norway. The study will explore…

PTTGC to construct new recycling complex in Ohio

PTT Global Chemical PLC (PTTGC; Bangkok, Thailand) announced that PTTGC America (GCA) and the Solid Waste Authority of Central Ohio (SWACO) have signed a non-binding memorandum of understanding to locate a new recycling complex on SWACO property. GCA, the U.S.…

Black & Veatch supporting green-hydrogen production project in Ireland

Black & Veatch (Overland Park, Kan.) is supporting Mercury renewables in its development of one of Ireland’s first co-located onshore wind farm and hydrogen electrolysis plants. A 75-megawatt wind farm will power an electrolyzer plant generating green hydrogen. Black &…