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Latest News: Sustainability

Siemens Energy signs agreement to build first-of-its-kind waste heat-to-power facility in Canada

Siemens Energy AG (Munich, Germany) has signed an agreement with Canada-based TC Energy Corp. (TC Energy) to commission a novel waste heat-to-power pilot installation in Alberta. The facility will capture waste heat from a gas-fired turbine operating at a pipeline…

Yara establishes Clean Ammonia business unit

During its fouth-quarter financial reporting, Yara International ASA (Oslo, Norway) announced its establishment of a new business unit focused on the hydrogen and ammonia economy. "I am pleased to announce we are taking further steps to enable the hydrogen economy,…

BASF and Siemens Energy to cooperate in the field of Carbon Management

As part of a strategic partnership, BASF SE (Ludwigshafen) and Siemens Energy AG (Munich, both Germany) plan to accelerate commercial implementation of new technologies designed to lower greenhouse gas emissions. By combining BASF’s technological expertise with Siemens Energy’s innovative product…

Velocys and Toyo progress partnership to develop renewable fuels

Velocys plc (Harwell, U.K.; www.velocys.com) and  Toyo Engineering Corp. (Chiba, Japan) signed a collaboration agreement to start the development of their commercial projects to produce Sustainable Aviation Fuel (SAF) and other renewable fuels in Japan. The agreement follows on from…

Air Liquide and Siemens Energy join forces for large-scale hydrogen production with PEM electrolyzers

Air Liquide (Paris, France) and Siemens Energy (Ludwigshafen, Germany) have signed a Memorandum of Understanding (MoU) with the objective to combine their expertise in PEM (Proton Exchange Membrane) electrolysis technology. They intend to focus their activities on these key areas:…

Clariant signs catalysis research partnership with ETH Zurich university

Clariant International Ltd. (Muttenz, Switzerland) has signed a cooperation agreement with ETH Zurich to support research in catalysis and sustainable chemistry with a significant financial contribution over an initial period of ten years. The goal of the partnership is, firstly,…

Ineos Styrolution and Polystyvert enter collaboration for polystyrene recycling

INEOS Styrolution (Frankfurt, Germany) and Polystyvert (Montreal, Quebec, Canada), an innovative leader in dissolution technology, are collaborating to convert post-consumer polystyrene plastic into a new, high quality, polystyrene (PS) raw material resin. Polystyvert uses a patented dissolution technology to process…

Chandra Asri partners with Total Solar DG to install solar power its Cilegon Plant

PT Chandra Asri Petrochemical Tbk (Chandra Asri; Jakarta, Indonesia) continues its partnership with Total Solar DG to build the second solar panel or photovoltaic (PV) installation in the Cilegon plant in Indonesia. The rooftop PV installation will power Chandra Asri's…

Reliance Industries receives first delivery of carbon-neutral crude oil from Oxy Low Carbon Ventures

Oxy Low Carbon Ventures (OLCV), a division of Occidental announced the delivery of two million barrels of carbon-neutral oil to Reliance Industries in India. This transaction, which was arranged in conjunction with Macquarie Group’s Commodities and Global Markets group (Macquarie),…

ExxonMobil launches Low Carbon Solutions business unit

ExxonMobil has created a new business to commercialize its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies required to achieve net zero emissions and…