Renewable Carbon Initiative (RCI), CO2 Value Europe (CVE) and nova-Institute have recently published a study which showcases the chemical industry’s CO2 reduction potential via carbon capture and utilization (CCU).

Under the European Green Deal, the EU chemical industry is looking to develop a more sustainable and green industry with the incorporation of clean technologies and solutions in the sector. PROCESS Worldwide shares the many dynamics of this significant market.

Under a ten-year offtake agreement signed between both the parties, Clean Planet Energy will supply naphtha, produced by processing 20,000 tons of waste plastics, to BP from its Teesside facility in the UK initially. Later on, BP will have the right to offtake from its future plants globally. The circular naphtha can be utilized as feedstock into circular plastics value chains.

Industrial gases company Air Products announced that its subsidiary Air Products San Fu recently brought two new air separation units onstream. The project is part of the long-term agreements to provide ultra-high purity industrial gases to one of the world’s largest semiconductor manufacturers in Asia.

World Energy’s Southern California SAF facility will be expanded to develop the world’s first commercial scale and North America’s only SAF production facility. With this project, World Energy aims to decarbonize the aviation industry.

Siemens Energy has plans to carry out industrial-scale production of hydrogen electrolyzers in Berlin, Germany in order to boost the concept of green hydrogen. With an investment of more than 30 million dollars, the site is expected to commence production in 2023.

Under the terms of the contract, thyssenkrupp nucera will deliver two of its large-scale alkaline water electrolysis standard modules to Air Products’ 10 metric ton per day green hydrogen facility in Arizona, USA.

Under the terms of the shareholders agreement, Reliance will join hands with Adnoc and ADQ in the Ta’ziz industrial chemical zone in Ruwais, Abu Dhabi for the development of a mega chemical project – Ta’ziz EDC & PVC. For this, the joint venture has plans to invest over 2 billion dollars for building a chlor-alkali, ethylene dichloride and polyvinyl chloride production facility.

Mc Dermott has secured an order to build two 500,000-gallon double-wall liquid hydrogen spheres for Plug Power's new green hydrogen production facility in Genesee County, New York, USA. On completion, the project is expected to produce 45 metric tons of green liquid hydrogen daily, thus making it the largest green hydrogen facility in North America.

A consortium comprising of six firms have collaborated to develop Asia’s first green e-methanol plant. Capable of converting captured biogenic carbon dioxide and green hydrogen produced from renewable electricity into green e-methanol, the pilot plant will be established in Singapore and the low-cost fuel will be supplied to the maritime industry.