Six Pines Investments LLC, a wholly-owned, sustainable investment subsidiary of Chevron Phillips Chemical Company LLC (CPChem; The Woodlands, Tex.) announced its equity investment in two leading circular plastics recyclers, Nexus Circular LLC and Mura Technology Ltd. In October 2020, CPChem announced…
Versalis S.p.A. (San Donato Milanese), Eni’s chemical company, and BTS Biogas, an Italian company in the building and managing sector of biogas plants, have agreed to develop and commercialize an innovative technology for the production of biogas and biomethane from…
Honeywell (Charlotte, N.C.) plans to commercialize carbon capture technology created by researchers at The University of Texas at Austin that holds the promise of significantly reducing carbon dioxide emissions from many industrial sources. The technology reduces the cost of capturing…
Engie S.A. (La Défense, Courbevoie, France) and Equinor Energy AS (Stavanger, Norway) announced an MoU to develop low carbon hydrogen projects together. Now the two companies move forward and announce the H2BE project which aims to develop production of low-carbon…
Hive Hydrogen and Linde plc announced the establishment of a 780,000 ton/year $4.6bn Green Ammonia Plant with its own dedicated power supply at the Coega Special Economic Zone alongside the Port of Ngqura in South Africa. There is massive surge…
PKN Orlen (Płock, Poland) and ORLEN Południe, an ORLEN Group company, have signed an agreement providing for the construction of an advanced industrial unit that would produce second-generation bioethanol. Located at the Jedlicze refinery, the project would be the first…
Mitsui Chemicals, Inc. (Tokyo) announced that it is preparing to launch what will be Japan’s first production of biomass derivatives from bio-based hydrocarbons, a move that promises to help further the adoption of biomass plastic and bring society one step…
Cemex, S.A.B. de C.V. (Monterrey, Mexico) announced that it is working together with Carbon8 Systems to evaluate the company’s patented carbon capture, utilization, and storage (CCUS) technology and how CO2 captured during the cement production process can be used to…
Marathon Petroleum Corp. (Findlay, Ohio) and ADM (Chicago) announced the closing of their joint venture to produce soybean oil to supply the rapidly growing demand for renewable diesel fuel. The joint venture, which is named Green Bison Soy Processing, LLC,…
BioAccelergy Ventures (Houston) has signed a joint-development agreement with ExxonMobil Research and Engineering Company (ExxonMobil) to progress development of a new bio-base stock for lubricants manufacturing from seed and vegetable oil. The multi-year agreement aims to demonstrate the feasibility of producing…