Dow has plans to take over the North American plastic recycling company Circulus. The acquisition will include two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year.
Abraxas Power Corporation has selected Mc Dermott for Canada's first commercial green hydrogen and ammonia production facility in Central Newfoundland. The facility is expected to produce 165 kta of hydrogen and 5000 metric tons per day of ammonia.
The alliance comprises of Topsoe, ABB and Fluor which will collaborate to develop a standardized concept for building Topsoe’s next SOEC electrolyzer factory in the USA. The project is expected to be operational by 2028.
Under an agreement signed between Air Liquide and Exxonmobil, Air Liquide will develop and operate four large modular air separation units for Exxonmobil’s planned low-carbon hydrogen project in Baytown, Texas, USA. With this project, Air Liquide will offer low-carbon oxygen and nitrogen to Exxonmobil.
Cepsa has plans to invest 75-million-euros to develop Spain’s first isopropyl alcohol plant which will be used to produce hydroalcoholic gels. The plant will make use of green hydrogen and will replace fossil-based raw materials in the production of isopropyl alcohol with sustainable alternatives.
BP has secured full ownership of Bunge Bioenergia joint venture after acquiring Bunge’s 50 % holding interest in the joint venture. The company is also refocusing its plans to develop new biofuels projects at its existing sites.
With this acquisition, Repsol has plans to enter the biomethane market. The agreement between Repsol and Genia Bioenergy includes 19 of its biomethane plants which are under development, with a total capacity of 1.5TWh per year, which will generate renewable gas from agricultural and livestock waste in Spain and Portugal.
Under a 15-year agreement signed between Air Products and Total Energies, Air Products will supply 70,000 tons of green hydrogen annually to Total Energies’ refineries in Europe from 2030.
As we move towards a climate-neutral future, great hopes are being pinned on hydrogen as a key element of the energy transition. The energy-rich molecule can be used for storage and can act as an ideal versatile chemical energy carrier. But how might the hydrogen economy of the future look like? What volumes are required and what infrastructure is suitable? This trend report provides answers to these questions.
The alliance is a first of its kind in Europe and will help to accelerate the production of renewable fuels in Spain. With this partnership, Repsol aims to increase its access to the feedstock needed to reach its goal of producing up to 1.7 million tons of renewable fuels by 2027.