Wacker has entered into a long-term agreement with Aymium to secure biogenic carbon for its silicon production in Holla, Norway. With this move, the company aims to replace coal for the production process.
Perstorp’s animal nutrition plant in Waspik, the Netherlands has recently announced that it has achieved zero greenhouse gas emissions by reducing its direct emissions (Scope 1& 2) over the year 2024.
BMW has partnered with Neste for supplying renewable diesel for the initial fill of BMW’s newly-produced vehicles in Germany. With this, Neste's renewable diesel will be used in the BMW plants in Munich, Dingolfing, Leipzig, and Regensburg.
Under an agreement signed between both the parties, RWE will build as well as operate a 300 MW electrolyzer to produce green hydrogen and Total Energies will supply 30,000 tons a year of green hydrogen to the Leuna refinery in Germany for fifteen years.
Accelera has entered into a MOU with Gail to explore opportunities in hydrogen production, blending, transportation and storage. The two companies also intend to assess and develop projects for hydrogen applications across multiple sectors such as transport, power and steel.
Dow has invested in Xycle, a Netherlands-based leader in chemical recycling technology. The move is in line with the company’s goal of accelerating a circular economy for plastics.
Accelerating the renewable energy transition is no longer a choice, industries will have to pick up pace and significantly adopt clean as well as sustainable solutions in the coming years in order to reach net zero emissions by 2050 or all of us could potentially be staring at doomsday.
Neste has introduced a co-processed renewable feedstock with an aim to expand its offering for the polymers and chemicals industry. The feedstock boasts of a reduced carbon footprint as compared to conventional fossil feedstocks used in the chemicals industry.
Blue Biofuels has entered into an agreement to acquire 35.5 acres of land in Frostproof, Florida, USA. The site will be used by the company to develop a biofuels production facility which is initially expected to produce 3 million gallons of biofuels annually.
Adnoc and OMV have plans to combine Borouge and Borealis to establish a new firm, Borouge Group International. The newly formed company is also expected to acquire Nova Chemicals for 13.4 billion dollars, thus establishing the world’s fourth-largest polyolefins player.