Technip Energies (Paris) and Siemens Energy (Munich, Germany) announced an exclusive agreement to jointly develop, commercialize, and license the Rotating Olefins Cracker (ROC) technology to decarbonize olefin production processes. The ROC technology employs a dynamic reactor system that replaces conventional…
Dow (Midland, Mich.) announced its plan to build the world's first net-zero carbon emissions integrated ethylene cracker and derivatives site with respect to scope 1 and 2 carbon dioxide emissions. The project would more than triple Dow's ethylene and polyethylene…
bp plc (London) announced plans for a $269 million investment in three projects at its Cherry Point Refinery in Washington state, aimed at improving the refinery’s efficiency, reducing its carbon dioxide (CO2) emissions and increasing its renewable diesel production capability.…
Mitsubishi Corp. (MC; Tokyo) announced the signing of a Memorandum of Understanding (MOU) with Chiyoda Corp. (Yokohama, Japan) and Sembcorp Industries (Singapore) to explore the feasibility and implementation of a commercial-scale, decarbonized hydrogen supply chain in Singapore. The business will…
TotalEnergies (Paris) has inaugurated its extension of the Synova recycled polypropylene production site in Normandy, France. TotalEnergies is therefore doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive…
Air Liquide, TotalEnergies and VINCI, are combining forces with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already…
BASF New Business GmbH (BNB) has successfully started up a system comprising four NAS battery containers, which have been integrated into the electricity grid at BASF’s Verbund site in Antwerp, Belgium. With this long-term project in Antwerp, the BASF team…
SK Innovation’s Ulsan Complex (Ulsan CLX) will be the first in South Korea to introduce pyrolysis oil as feedstock material for refinery/petrochemical processing. Aside from its innovative approach as a solution to waste plastics, what makes this advancement more striking…
ALPLA Group (Hard, Austria) is acquiring BTB PET-Recycling GmbH & Co. KG, based in Bad Salzuflen, Germany. The company turns PET bottles into recycled material, which is then predominantly used for the production of new beverage bottles. Its bottle-to-bottle packaging…
LyondellBasell (Rotterdam, the Netherlands) and Evonik Industries AG (Essen, Germany) signed an agreement to purchase high-pressure steam generated from natural gas. The agreement allows LyondellBasell to phase out coal from its power plant in Wesseling, Germany, by December 2023. …