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Latest News: Sustainability

BP and Sabic enter collaboration for advanced plastics recycling

Bp plc (London) and SABIC (Jubail, Saudi Arabia) have just signed a new agreement to work together to drive circular economy in the petrochemical activities at the Gelsenkirchen (Germany) chemical complex. Building on a long-established relationship between the two companies…

Enegix Energy to build $5.4 billion green hydrogen facility in Brazil

Enegix Energy (Chadstone, Australia) has unveiled the Base One green hydrogen project in cooperation with the Brazilian State Government of Ceará, representing an investment of $5.4 billion. Under the terms of the MoU, Enegix will set up the world’s largest…

Phillips 66 and Faradion to collaborate on development of sodium-ion batteries

Phillips 66 (Houston) and Faradion Ltd. (Sheffield, U.K.; www.faradion.co.uk), one of the U.K.-based companies behind the first demonstration of a sodium-ion powered vehicle, have launched a technical collaboration to develop lower-cost and higher-performing anode materials for sodium-ion batteries. Sodium-ion battery…

INEOS Phenol and ENGIE announce hydrogen-power pilot project in Antwerp

For the first time in Belgium, hydrogen will be used in a commercial-scale cogeneration plant designed to generate electricity and heat from natural gas. The aim of the pilot project by INEOS and ENGIE is to replace natural gas with…

Agilyx and ExxonMobil establish Cyclyx JV focused on plastics recycling

Agilyx Corp. (Tigard, Ore.), a wholly owned subsidiary of Agilyx AS,and a leader in advanced recycling technology, established the joint venture (JV) Cyclyx International LLC., on January 1, 2021. ExxonMobil joined Agilyx to become a founding member of the joint…

Elkem to study carbon-capture opportunities at Norwegian manufacturing plants

With a long term-goal to achieve carbon-neutral metal production, Elkem (Oslo, Norway) is currently conducting a feasibility study for the establishment of carbon capture and storage (CCS). The purpose of the study is to assess the technical and economic feasibility…

ExxonMobil tests advanced recycling of plastic waste at Baytown facilities

ExxonMobil Corp. (Irving, Tex.) has completed the initial phase of a plant trial of a proprietary advanced recycling process for converting plastic waste into raw materials for production of high-value polymers. The trial, at the company’s existing facilities in Baytown,…

HCS Group and Gevo sign strategic agreement to produce SAF in Germany

HCS Group (Frankfurt am Main, Germany) has signed a project memorandum of understanding (MOU) to develop and build a renewable hydrocarbon facility at HCS Group’s site located in Speyer, Germany, utilizing Gevo’s low-carbon alcohol to jet (ATJ) technology. The signed…

Swedish consortium to construct demonstration plant for cellulosic textile fibers

TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest,  announced that it is investing €35 million in constructing a demonstration plant in Sweden for upscaling new sustainable textile fiber. It is a critical next step towards…

New LED lighting system will help cut CO2 emissions at OMV Petrom refinery

OMV Petrom SA (Bucharest, Romania) has invested €1.5 million at the Petrobrazi refinery to streamline the lighting system of ten industrial ramps, where crude oil and feedstock is unloaded and oil products are loaded. The old lighting system at the…