Hycc delays the green hydrogen project H2eron in Delfzijl to 2028 due to slow market development and rising costs. The European Renewable Energy Directive III impacts the timeline, pushing market maturity to around 2030. To mitigate costs, Hycc plans to increase H2eron's capacity to 50 MW and shifts from Nel to Norwegian alkaline electrolyzers for the project.
On December 21, 2023, BASF, Letter One and Harbour Energy reached an agreement on the future of Dea Wintershall's exploration and production business. The business, excluding Russia-related activities, is to be transferred to Harbour Energy.
PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of December 2023’ from all over the world. Right from Ørsted starting work on Denmark’s first carbon capture project to Fluor securing two contracts for the world’s first net-zero ethylene cracker and derivatives complex, find out all the projects making headlines here
Eastman has plans to develop its second molecular recycling project in the U.S.A. The Longview site in Texas has been selected by the company for developing the project.
Technip Energies and John Cockerill have created a new firm called Rely which is dedicated to offering integrated green hydrogen and power-to-x solutions. The move has been undertaken in the background of growing demand for solutions in order to decarbonize hard-to-abate industries.
The Ministry of Economic Affairs and Employment in Finland has granted 2 million euros as energy investment aid to Neste for its green hydrogen project at the Porvoo refinery. The investment aid is for heat recovery from the green hydrogen production.
Dow and Procter & Gamble have plans to develop a new recycling technology which mainly focuses on the conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.
The new unit is expected to increase the company’s production capacity by 20 % as compared to the current capacity of 200 million packages per year. The site will also enable the production of one billion additional penicillin tablets and a doubling of the quantity of powder oral suspensions which are mainly used in pediatric medicines.
KBR’s blue ammonia technology has been selected by Inpex Corporation and LSB Industries for a large-scale clean ammonia production and export project in the US Gulf Coast. KBR will be responsible to provide technology licensing and proprietary engineering design for the 1.1 million tonnes per annum ammonia plant.