Carbon Management
Biden administration (U.S.) to release SAF tax credit model
The Biden administration (U.S.) is expected to release a climate model for its SAF subsidy program, two sources familiar with the matter said.
Optimization for the trigeneration of industrial waste
Many corporations are moving toward sustainable operations for their processes. One alternative pathway to reduce fossil fuels consumption in a processing plant is through harvesting waste heat from industrial waste through combined heat and power (CHP), or what is commonly known as cogeneration or polygeneration.
The concern of CO emissions
No refinery can operate without hydrogen (H<sub>2</sub>) because it is needed in all hydroprocessing technologies to remove sulfurous impurities and produce products at the correct specifications. With each passing day, the importance of H<sub>2</sub> in refineries is increasing as crude oil gets heavier and more sour while product specifications are simultaneously getting tighter.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.
Diamond Green Diesel approves a SAF project at Port Arthur, Texas (U.S.)
Valero Energy Corporation and Darling Ingredients Inc. announced that the companies have made the final investment decision on a SAF project at the DGD Port Arthur (U.S.) plant, which is owned and operated by Diamond Green Diesel Holdings LLC, a 50/50 joint venture between Valero and Darling.
Honeywell Technology helping to produce SAF with lower cost and waste
Honeywell announced its hydrocracking technology can be used to produce SAF from biomass, helping to make SAF that is 90% less carbon intensive than traditional fossil-based jet fuels.
Clariant catalysts reduce customers’ footprints by 40 million tons of CO2e in 2023
Clariant, a sustainability-focused specialty chemical company, announced impressive numbers that highlight how the use of its catalyst products enabled the avoidance of greenhouse gas emissions in 2023.
WestJet buys first Canadian-supplied SAF by Shell Aviation
The airline said the purchase marks a milestone in its mission to achieve net zero emissions by 2050, and is a step forward in making Canada’s aviation industry more sustainable.
Technip Energies selected by Viridor to perform FEED on the Runcorn energy-from-waste carbon capture project in the UK
Technip Energies has been awarded a FEED contract by Viridor for the CCS project at one of the United Kingdom’s largest Energy-from-Waste facilities in Runcorn, United Kingdom and plans to capture around 900,000 tons of CO2 each year, half of which will be from biogenic sources, effectively removing 450,000 tons of CO2 annually from the atmosphere.
Hanwha Ocean, Amogy and Hanwha Aerospace forge partnership to decarbonize maritime sector with ammonia as a zero-emission fuel
Hanwha Ocean, Amogy and Hanwha Aerospace announced a partnership aimed at accelerating the decarbonization of the maritime industry through the deployment of Amogy’s zero-emission ammonia-to-power technology for ammonia-powered vessels.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
