Under a Letter of Intent signed between Lummus Technology and Phigenesis, the Lummus new hope plastics pyrolysis technology will be used by Phigenesis in its new chemical recycling facility which is expected to have a capacity of 150,000 tons per annum. With the help of this technology, Phigenesis will recycle waste plastics to manufacture petrochemical feedstock materials. The project will significantly increase the current chemical recycling capacity in Europe.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of November 2021’ from all over the world. Right from building one of the world’s lowest carbon-emitting crackers to developing a new novel methane-reducing feed additive manufacturing plant, find out all the projects making headlines here.

Reliance Industries Ltd (RIL) and Saudi Aramco have mutually called off the 15-billion-dollar deal under which Saudi Aramco would acquire a 20% stake in the company’s oil-chemicals (O2C) business. The move has been undertaken in the background of RIL’s evolving nature of the business i.e. the company unveiled plans for its new energy & materials businesses under which the firm intends to develop the Dhirubhai Ambani Green Energy Giga Complex at Jamnagar, Gujarat, India, which is a major part of the its oil-to-chemicals (O2C) assets. Now, RIL and Saudi Aramco will re-evaluate the proposed investment in the O2C business.

JGC Holdings and Cosmo Oil Company have chosen Honeywell’s Ecofining technology for converting used cooking oil into renewable jet fuel. The project is claimed to be the first commercial scale sustainable aviation fuel project in Japan.

Mitsui Chemicals and Microwave Chemical have launched a new initiative which focuses on commercializing a chemical recycling technique that uses the PlaWave microwave-based plastic degradation technology to directly break down hard to recycle plastics into raw monomers, thus, eliminating an intermediate step.

With an aim to reduce greenhouse gas emissions from its facilities and prepare for a lower-carbon future, ExxonMobil will be investing the hefty amount over the next six years in its sustainable and green initiatives. The company will also work towards developing technologies which can be used in carbon capture and storage, hydrogen and biofuels production.

Arkema recently inaugurated the Christian Collette Center of Excellence dedicated to batteries for clean mobility at its Pierre-Bénite Research Center in France. To meet the rising demand for lithium-ion battery cell materials in Europe, Arkema has announced a 50 % expansion of its Kynar fluoropolymer production capacity at its Pierre-Bénite site.

Advanced Biofuel Solutions (ABSL) and Greenergy have entered into a joint development agreement to develop and operate up to five municipal waste-based biofuel plants in the UK over a period of time. The first plant is expected to commence in 2025 and will use will make use of ABSL’s RadGas technology to convert 133,000 tons of municipal waste annually into biomethane.

With an estimated project cost of 950 million dollars, Renewable Energy Group has plans to upgrade its existing Geismar renewable diesel project in Louisiana, USA as well as expand the project in order to produce 340 million gallons of renewable diesel per year.

PROCESS Worldwide brings to you a snapshot of some of the most revolutionary technologies of this year. From major breakthrough technologies in steam methane reforming to solutions analyzing the composition of gas treating agents in real time, find out all the latest innovations making news here.