This target is in line with limiting global warming to 1.5°C, which is currently the most ambitious criteria for setting science-based targets
Under the terms of agreement, bp will acquire a 40.5% interest in the project and will assume operatorship from 1 July 2022, subject to approvals
The three-year collaboration will focus on the development of new tools for computational chemistry modelling as well as new molecular representations to advance the next generation of molecular machine learning
PPG acquired EDI in December 2020, along with the Ennis-Flint business
2-EH Pro 25 is designed to reduce the carbon footprint throughout the value chain where it is used to support sustainable sourcing of renewable and recycled raw materials
The evaluation was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute
The company has also embarked upon alternate energies like green hydrogen, renewable, and biofuel projects, which are of operational importance and would likely provide a transition to the future
The Lupotech T process technology will be used for a 200,000 metric tons per year (m.t./yr) vinyl acetate copolymer (EVA) line. The new line will be located in the Zaozhuang City, Shandong Province, P.R. of China.
Plant at Podari, Romania will produce 50,000 metric tons per year of biofuels for offtake by Shell
The total investment in the announced terminal will be approximately US$400 million
The company is strengthening its position as a fully integrated complex to ensure the availability of raw material within the plant
The new production lines are designed with high flexibility to produce an advanced product portfolio and meet customers’ diversified needs, from high-nickel and ultra-high-nickel nickel-cobalt-manganese oxide (NCM) for polycrystalline and single crystalline, as well as manganese-rich NCM products
Epoxy silane is commonly used as an adhesion promoter in multilayer flexible packaging structures, helping to protect packaged content and extend its shelf life
The facility has a five-year tenor with two one-year extension options, and will be used for general corporate purposes and to refinance the existing SEK 9 billion credit facility
Manufactured at INEOS Phenol sites in Gladbeck Germany, Antwerp Belgium, INVIRIDIS is made using bio-attributed cumene, which enables the replacement of fossil fuel resources
Based on Borealis’ Bornewables polyethylene (PE) derived from second-generation natural resources, such as waste from pulp production or residues from food processing oils, the new PEX Pipe Blue products boast an unprecedented carbon footprint reduction of up to 90% when compared to conventional fossil-based PE-X pipes
Under the agreement, both partners will review their business strategies toward constructing a joint biomass power plant at Yeosu Complex on the southern coast of Korea to produce industrial steam and electricity with waste woods by 2025
Sulzer will supply high-pressure barrel pumps in both inline and back-to-back configurations to support central processes at the facility, including providing boiler feedwater to create steam and drive the steam turbine generator
The consortium of TOYO and TSE will undertake the entire EPC work from detailed engineering, procurement of equipment and materials, construction work, and commissioning, with completion scheduled for 2025
The technology and logistics for handling and storing carbon from the two CHP plants are in place, and if financial support is obtained from the current tender for carbon capture and storage, Ørsted can be ready to capture and store 400,000 tonnes of carbon as early as 2025
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