The cracker will produce ethylene, which is a vital raw material for a wide range of products essential to our daily lives. (Source: weerapong - stock.adobe.com)
Plant Watch

Top 10 Engineering Projects of February 2023

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of February 2023’ from all over the world. Right from Europe’s most sustainable cracker securing a funding of 3.5 billion euros to Exxonmobil investing 2-billion-dollars for expanding its Baytown chemical plant in the US, find out all the projects making headlines here.

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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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