Carbon Management
Germany blocks oil firms from using past emissions credits to support biofuel industry
The German cabinet approved reforms to restrict oil companies from carrying excess emissions reductions credits forward, in a step aimed at boosting the biofuel industry that was hit by a quick drop in carbon prices in recent years.
Topsoe to provide technology for one of Brazil’s first commercial-scale SAF plants
Topsoe will provide its HydroFlex and H2bridge technologies to Refinaria de Petróleo Riograndense's 16,000-bpd renewable diesel and sustainable aviation fuel plant in Brazil.
Global CO2 emissions to hit record high in 2024, report says
Global carbon dioxide (CO2) emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes.
Stamicarbon awarded a PDP contract for Mexican nitric acid plant
Stamicarbon will apply its proprietary NX Stami Nitrates technology for a tailor-made solution to remove nitrous oxide from the tail gas stream, optimizing nitric acid production and reducing the carbon footprint of the plant
DG Fuels to build $5-B, 193-MMgpy SAF facility in Minnesota (U.S.)
DG Fuels announced the selection of a site for a roughly $5-B manufacturing facility in Moorhead, Minnesota, that will produce 193 MMgpy of low-carbon aviation fuel (SAF) using agricultural and wood waste as feedstock.
BASF to build additional production capacity for X3D® catalyst shaping technology in Ludwigshafen
BASF announced that it will invest in additional production capacity for its X3D® technology, a new additive manufacturing technology for catalysts based on 3D printing. The plant will produce catalysts on an industrial scale and is expected to be operational in 2026.
Clariant upgrades its syngas catalyst portfolio to reduce emissions and improve economics
Clariant announced that its new Plus series syngas catalysts have been successfully introduced to the market. The new catalysts were designed as drop-in solutions to improve plant economics and reduce carbon emissions.
Neste, Air Canada sign agreement for the supply of 60,000 tons of Neste MY Sustainable Aviation Fuel
Neste and Air Canada have agreed on the supply of 60,000 tons of unblended, neat Neste MY Sustainable Aviation Fuel for use on flights from Vancouver International Airport.
Honeywell UOP, Johnson Matthey partner to cut costs and boost deployment of sustainable fuels
Honeywell UOP and Johnson Matthey have signed a Memorandum of Understanding (MoU) to offer an end-to-end solution for businesses developing alternative fuels from a wide range of feedstocks including municipal solid waste, residual biomass, biogas and CO₂ (captured and renewable).
U.S. renewable fuel credits rally to multi-month highs
U.S. renewable fuel credits rose to multi-month highs on increased demand from refiners trying to comply with mandates and higher prices for soyoil.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
