The global CCUS market generated 1.9 billion dollars in 2020, and is projected to reach 7.0 billion dollars by 2030, witnessing a CAGR of 13.8 % from 2021 to 2030, according to a report by Allied Market Research.  (Source: ©hramovnick–stock.adobe.com)
CO2 Emissions Under Control

Is CCUS the Future of Decarbonizing the Industry?

Today, Carbon Capture, Utilization and Storage (CCUS) facilities around the world have the capacity to capture more than 40 Mt CO2 each year, according to the International Energy Agency. This figure is set to increase as more countries form CCUS-friendly policies in order to establish these green projects with aim to decarbonize its industrial facilities.

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At a glance: Plant engineering projects from across the globe. (Source: tongpatong - stock.adobe.com)
Plant Watch

Top 10 Engineering Projects of March 2023

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of March 2023’ from all over the world. Right from Lyondell Basell starting up the world’s largest PO, TBA facility to Indian Oil developing a mega petrochemical complex, find out all the projects making headlines here.

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Galleries

Lotte Biologics CEO Richard Won-jik Lee announced the company’s full-fledged entry into the biopharma market as a CDMO at the 2023 JPMorgan Healthcare Conference.  (Source:Lotte Biologics)
Future Vision

Lotte Biologics Intends to Become a Global CDMO

Lotte Biologics has acquired the Syracuse plant in the United States from Bristol Myers Squibb Co. and now plans to expand it by adding ADC contract manufacturing services as well as clinical drug substance incubation and drug product facilities. The firm also plans to invest 3 billion dollars to develop three mega plants in Korea by 2030 with a total production capacity of 360,000 liters of antibody drugs.

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One of the leading companies for ATR, Air Liquide's technology has been selected for Japan's first demo project owned and operated by Inpex Corporation to produce low-carbon hydrogen and ammonia. (Source: Air Liquide)
Autothermal Reforming

Air Liquide Technology Chosen for Japan’s First Production of Low-Carbon H2, Ammonia

Air Liquide’s autothermal reforming technology has been chosen by Inpex Corporation for Japan’s first demonstration project which aims to produce low-carbon hydrogen and ammonia. Once combined with carbon capture technology, autothermal reforming can achieve higher energy efficiency, lower investments and a production process which can assist in capturing up to 99 % of carbon in integrated industrial units.

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The new screw vacuum pumps are characterized not only by their proven functional principle but also by their compact design.  (Source: Leybold)
Food Safety

All New Compact Vacuum Pumps

Leybold has introduced two new vacuum pumps DV 650 and DV 800 FP-r under its Dryvac series. These solutions are compact, easy to maintain, clean and also offer high tolerance to vapor, liquid slugs and soft particles.

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