Under an agreement signed between Chevron and Renewable Energy Group (REG), Chevron will acquire the outstanding shares of REG for 3.15-billion-dollars, thus taking over the company. The move will help Chevron to meet its goal of increasing its renewable fuels production capacity to 100,000 barrels per day by 2030.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of March 2022’ from all over the world. Right from Exxon Mobil constructing one of the world’s largest CCS projects in USA to an Aramco JV establishing a mega refinery and petrochemical complex in China, find out all the projects making headlines here.

Led by Enagás and Acciona, the Power to Green Hydrogen Mallorca Project is developed on the island of Mallorca in Spain. The company aims to reduce CO2 emissions on the island by up to 21,000 tons annually after full implementation of its green hydrogen ecosystem.

ABB has secured a contract by Plug Power to supply electrical systems to two hydrogen plants in New York and Georgia respectively. On completion of the project, the plants are expected to produce 60 tons of green hydrogen daily.

An ancient tree, hundreds of years old, is an impressive sight with the wide, far-reaching branches of its huge crown. Even more impressive would be the root network — if we could only see it. This is a perfect analogy for the Gea Group, which has grown from around 250 companies. Many of these have a long history of their own, and even under the umbrella of the parent corporation they still develop with their own impetus and momentum. Today, the complementary skill sets and expertise in the field of thermal separation technology are bundled at Gea Wiegand, while Gea Westfalia Separator covers the area of mechanical separation technology.

Eastman has entered into exclusive negotiations with Port-Jérôme-sur-Seine for developing the mega plant project in Normandy, France. The project, which was announced earlier at the beginning of the year, is expected to recycle approximately 160,000 tons of hard-to-recycle polyester waste annually.

Neste aims to scale up processing capabilities for liquefied waste plastic at its Porvoo refinery in Finland. The development will enable the company to meet its goal of processing over 1 million tons of waste plastic annually.

Ineos Styrolution has launched two new sustainable drop-in solutions which are produced from styrene by making use of renewable feedstock. The new materials have the potential to reduce carbon footprint between 77 % and 99 %.

Tüpras has selected Honeywell UOP’s Isoalky technology to produce superior quality alkylate at its refineries in Turkey. With this move, the company aims to produce cleaner gasoline in line with its ambition of becoming carbon neutral by 2050.

Vynova has recently installed a hydrogen-fired steam boiler at its Tessenderlo site in Belgium and is also planning to add another boiler by the year end. With these, the firm intends to reduce CO2 emissions by 10,000 tons per year at its site.