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Carbon Management

Acer, Cathay Cargo and Dimerco join forces to reduce carbon emissions via SAF

Cathay Cargo and Dimerco Express Group are joining forces to reduce carbon emissions in aviation. Acer and its logistics provider Dimerco have signed an agreement to support sustainable aviation fuel (SAF) use on Cathay Cargo’s flights, beginning from 2024.

Honeywell expands licensing agreement to support energy transition with new flare technologies

Honeywell announced a significant expansion of its licensing agreement with AFG Combustion and its subsidiary, Greens Combustion Ltd., to include Callidus flares. This expanded agreement not only doubles the range of greenhouse gas-reducing Callidus Ultra Blue Hydrogen process burners but also enhances global customer support.

Viking Energy becomes the world's first ammonia-powered platform supply vessel

Shipowner Eidesvik Offshore and partners will make “Viking Energy” the world’s first ammonia-powered platform supply vessel. In 2026, the vessel will operate on ammonia for Equinor, reducing GHG emissions by 70% or more.

LyondellBasell to acquire APK AG recycling technology

LyondellBasell (LYB) has entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany.

KBR awarded advisory consulting contract for Kuwait Oil Company's renewables and hydrogen masterplan project

KBR has announced it has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a countrywide masterplan for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050.

Covestro and Carlisle Construction Materials lead the way in sustainable construction using bio-circular attributed materials

Buildings and the built environment account for nearly 40% of energy use in the U.S. Architects, builders and building owners know that energy efficiency is a critical component of a sustainable future. To that end, Covestro and Carlisle Construction Materials (Carlisle) are collaborating to bring bio-circular products to the construction industry.

Neste expands chemical recycling logistics infrastructure at its refinery in Porvoo, Finland

Neste is expanding its logistics infrastructure for liquefied recycled raw materials at its refinery in Porvoo, Finland, including materials such as liquefied waste plastic and liquefied rubber tires. Neste aims to advance chemical recycling and transform the Porvoo refinery into a renewable and circular solutions hub. 

U.S. FAA awards nearly $300 MM to SAF projects and technologies

The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050. 

Planet launches first Tanager-1 hyperspectral satellite to monitor methane emissions

Planet has announced that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE), were successfully launched into orbit during the Transporter-11 Rideshare mission with SpaceX, which lifted off from Vandenberg Space Force Base on Friday.

VTT opens a pilot plant in Finland utilizing captured CO2 to produce recyclable plastics

VTT, LUT University and companies have opened a pilot plant in Espoo, Finland, to process captured CO2 into compounds that can replace fossil raw materials in plastic products and chemicals.