Carbon Management
INERATEC secures €70-MM financing commitment for Europe’s largest eFuel production
Sustainable eFuel production pioneer INERATEC has formally agreed to a €40-MM venture debt loan with the European Investment Bank (EIB) and a €30-MM grant with Breakthrough Energy Catalyst. The combined €70 MM backing will finance construction of Europe`s largest sustainable eFuel production plant in Frankfurt and eFuel research and development of future, key steps in decarbonizing aviation.
Mercedes-AMG Petronas to use sustainable carbon fiber composites in Formula 1 racecars
Mercedes announced the first steps on the road towards sustainable carbon fiber composites. In concrete terms, this means that Mercedes will qualify and apply sustainable carbon fiber composites to their race cars during the 2025 Formula 1 season, without sacrificing any on-track performance.
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
A surprising development in 2024 was the resurgence of LNG retrofits as shipowners sought immediate carbon reductions to navigate regulatory requirements. More than 305 LNG-fueled ships were ordered last year, accounting for approximately 14% of newbuilding orders, significantly outpacing methanol and ammonia alternatives.
Blue Water and Arcadia eFuels partner for CO2 transport
Blue Water and Arcadia eFuels have signed a Memorandum of Understanding (MoU) to create a CO2 logistics partnership for the transport of liquid CO2 for Arcadia eFuels’ upcoming production facility in Vordingborg, Denmark.
A*STAR and MojiaBio to develop next-gen sustainable biomanufacturing platform in Singapore
MojiaBio, a leading innovator in green chemistry and sustainable biomanufacturing, will be developing an SGD 44.8 MM state-of-the-art Sustainable Biomanufacturing Technology Platform (SBTP) with the Agency for Science, Technology and Research (A*STAR).
Huntsman Polyurethanes secures ISCC+ Certification for TPU production sites
Huntsman announced that its Thermoplastic Polyurethane (TPU) manufacturing sites in Jinshan, China, and Osnabrück, Germany, have successfully secured ISCC+ Certification – the globally recognized standard for sustainability and traceability in supply chains.
Orlen and Equinor agree to develop carbon capture projects
Polish refiner Orlen and Norway's Equinor have signed a memorandum of understanding (MoU) on the development of carbon capture and storage (CCS) projects.
SwRI, U-Michigan (U.S.) engineers create more effective burner to reduce methane emissions
Researchers at Southwest Research Institute (SwRI) and the University of Michigan (U-M) have published a new study showing an advanced new methane flare burner, created with additive manufacturing and machine learning, eliminates 98% of methane vented during oil production. The burner was designed by U-M engineering researchers and tested at SwRI.
Digital Feature: The reality of FuelEU in numbers
Today, many owners and managers are concerned with the EU Emissions Trading Scheme (ETS), designed to reduce emissions produced by shipping. However, the author's company's projections show that the impact of FuelEU will eclipse that of the ETS around 2035 and dwarf it beyond that. Business as usual is therefore no longer an option, and progressive decisions must be made to deal with this challenge.
U.S. Congress kills Biden-era methane fee on oil, gas producers
The U.S. Senate on Thursday voted on a resolution that would overturn the Biden administration's proposed fee on methane emissions, one of the previous Environmental Protection Agency's (EPA’s) final measures to force big oil and gas producers to slash emissions of the powerful greenhouse gas.
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
- Rohm awards NextChem feasibility study for PMMA-polymer chemical recycling plant project 12/16
- Westlake to rationalize certain North American chlorovinyl and styrene assets 12/16
- CMB.TECH invests in Chinese ammonia supply 12/16
- Petrovietnam, BASF cooperate in developing green methanol, pioneering the energy transition 12/16
