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Latest News: Sustainability

OCI Global to double U.S. production capacity for green methanol

OCI Global N.V. (Amsterdam, the Netherlands) announced plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high emissions industries, including road transport, shipping…

Lhyfe and Exogen partner to scale up green-hydrogen production for industrial steam, mobility and heating applications in Europe

Lhyfe (Paris) and Exogen Hydrogen Solutions have signed a Memorandum of Understanding for the combined offering of comprehensive decarbonization solutions for industrial steam, district heating, and mobility applications powered by green hydrogen. This partnership paves the way for a new…

LG Chem and Eni exploring the development of a biorefinery in South Korea

LG Chem Ltd. (Seoul, South Korea) and Italian energy group and Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate a new biorefinery at LG Chem’s Daesan chemical complex, 80 kilometers southwest of Seoul,…

Perstorp launches carboxylic acids produced with 100% renewable content

Perstorp AB (Malmö, Sweden) has launched new grades for carboxylic acids which are now available with 100% renewable, traceable mass balanced content and the market’s lowest product carbon footprint. The new products, Valeric Acid Pro 100 and 2-Ethylhexanoic Acid Pro…

Next Hydrogen and Casale sign MOU to develop green ammonia and methanol systems

Next Hydrogen Solutions Inc. (Mississauga, Ont., Canada) and Casale SA (Lugano, Switzerland) have signed a non-exclusive memorandum of understanding to develop green ammonia and methanol systems that integrate Next Hydrogen’s electrolysis technology and products. Under this agreement, the companies will…

Braskem to purchase plastic-waste-derived feedstock from Vitol

Braskem S.A. (São Paulo, Brazil) and Vitol S.A. (Geneva, Switzerland) have announced an agreement for circular feedstock derived from plastic waste. Under the agreement, Vitol will start to supply Braskem Netherlands B.V. with pyrolysis oil produced in the chemical recycling…

EH2 to supply electrolyzer for one of North America’s largest green-hydrogen facilities

Electric Hydrogen Co. (EH2; Natick, Mass.), a manufacturer of advanced, industrial-scale hydrogen electrolyzer technology, and New Fortress Energy Inc. (NASDAQ: NFE) announced today that they have entered into a definitive agreement for supply of EH2’s flagship 100 megawatt (MW) electrolyzer…

Air Liquide announces €400 million investment in green-hydrogen production capacity

On the occasion of the signing of a Memorandum of Understanding to supply the TotalEnergies refinery in Gonfreville, Normandy, France, with renewable and low-carbon hydrogen, Air Liquide S.A. (Paris) also announced an investment of over €400 million for the construction…

Chevron acquires majority stake in the Advanced Clean Energy Storage hydrogen project in Delta, Utah

Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a majority interest in ACES Delta, LLC (ACES Delta), which is…

FuelCell Energy and Toyota complete “Tri-gen” hydrogen system at the Port of Long Beach

FuelCell Energy, Inc. (Danbury, Conn.) and Toyota Motor North America, Inc. (Toyota) have announced the completion of the first-of-its-kind "Tri-gen system" at Toyota's Port of Long Beach operations. The Tri-gen system, owned and operated by FuelCell Energy, produces renewable electricity,…