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Latest News: Sustainability

Asahi Kasei and Shell announce sustainable butadiene supply agreement in Singapore

Asahi Kasei Corp. (Tokyo, Japan) concluded an agreement with Shell Eastern Petroleum (Pte) Ltd. regarding the supply of butadiene derived from plastic waste and biomass (sustainable butadiene). The signing ceremony was held at the “Creating the Plastic Circular Economy in…

BASF to launch new renewable energy subsidiary

BASF SE (Ludwigshafen, Germany) is bundling its activities in renewable energies under the umbrella of BASF Renewable Energy GmbH as of January 1, 2022. The wholly owned subsidiary’s business activities will focus on supplying the BASF Group in Europe with…

Styrolution to build advanced-recycling pilot plant for polystyrene

INEOS Styrolution (Frankfurt, Germany) confirmed its decision to invest into a pilot plant for advanced recycling of polystyrene. The site will be set up in collaboration with Recycling Technologies in Swindon, U.K. It is expected to be operational in the…

BP to build large-scale green-hydrogen plant in the U.K.

Bp plc (London) is planning a new large-scale green hydrogen production facility in the northeastern region of the U.K. that could deliver up to 500Mwe (megawatt electrical input) of hydrogen production ‎by 2030. To be developed in multiple stages, HyGreen…

Phigenesis to license Lummus pyrolysis technology for new chemical recycling plants

Lummus Technology (Houston), through its Green Circle subsidiary, announced that it has finalized a Letter of Intent (LOI) with Phigenesis, a U.K.-based company established to deliver ISCC+ certified renewable chemical feedstock for use in existing petrochemical plants to manufacture virgin…

Mitsui Chemicals launches microwave-based direct monomerization project for plastic waste

Mitsui Chemicals, Inc. (Tokyo) and Microwave Chemical Co. Ltd. (Suita, Japan) have launched a new initiative aimed at commercializing the use of microwave technology in the chemical recycling of plastic waste. The project involves directly producing raw monomers from plastics…

Technip Energies partners with Svante to develop industrial-scale carbon capture projects

Technip Energies (Paris) and Svante have entered into a Memorandum of Understanding (MoU) to further develop Svante, Inc.’s (Burnaby, B.C., Canada; www svanteinc.com) solid sorbent carbon capture technology and provide integrated solutions from concept to project delivery. The partnership will…

Viridos executes agreement with ExxonMobil to scale algae biofuels

Viridos Inc., previously Synthetic Genomics, a privately held biotechnology company harnessing the power of photosynthesis to create transformative solutions to help mitigate climate change, has signed a joint agreement with ExxonMobil Research and Engineering Co. (ExxonMobil) with the intent to…

Eni and BF Group form biorefining joint venture

Eni S.p.A. (Rome, Italy)  and the BF Group announced a partnership to develop sustainable agricultural products for biofuel production. Through an equal joint venture (50% Eni, 50% BF), projects will be developed to research and experiment with agricultural seeds from…

Air Liquide and BASF welcome support from European Innovation Fund for joint CCS project

Air Liquide S.A. (Paris, France) and BASF SE (Ludwigshafen, Germany) are planning to develop the world’s largest cross-border carbon capture and storage (CCS) value chain. The goal is to significantly reduce CO2 emissions at the industrial cluster in the port…