Carbon Management
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
NEXTCHEM finalizes acquisitions of HyDEP and Dragoni to boost green H2 production tech
NEXTCHEM will combine its technological know-how with HyDEP and Dragoni Group’s competences in electrochemistry to develop and implement its proprietary solutions for green hydrogen production.
Atlas Copco: Cut the carbon
This article details Atlas Copco's Cut the Carbon solutions initiative and how they it is supporting decarbonization efforts around the world.
Carbon Clean achieves fabrication milestone on FlagshipONE with the project’s first carbon capture unit module
Carbon Clean, a leader in revolutionizing carbon capture solutions, has achieved a fabrication milestone on Ørsted’s FlagshipONE project, Europe’s largest commercial-scale eMethanol facility under construction.
U.S. Treasury Department issues new guidance for SAF tax incentives, boosting high-emitting crop-based biofuels
U.S. Treasury Department issues new guidance for SAF tax incentives, boosting high-emitting crop-based biofuels
thyssenkrupp Uhde completes EnviNOx project for Dyno Nobel in Australia
thyssenkrupp Uhde and Dyno Nobel have successfully completed the nitrous oxide abatement project in Moranbah, Australia with the successful commissioning of thyssenkrupp Uhde’s highly effective EnviNOx technology to reduce greenhouse gas emissions at Dyno Nobel’s nitric acid plant in Moranbah, Australia.
Biden administration (U.S.) to release SAF tax credit model
The Biden administration (U.S.) is expected to release a climate model for its SAF subsidy program, two sources familiar with the matter said.
Optimization for the trigeneration of industrial waste
Many corporations are moving toward sustainable operations for their processes. One alternative pathway to reduce fossil fuels consumption in a processing plant is through harvesting waste heat from industrial waste through combined heat and power (CHP), or what is commonly known as cogeneration or polygeneration.
The concern of CO emissions
No refinery can operate without hydrogen (H<sub>2</sub>) because it is needed in all hydroprocessing technologies to remove sulfurous impurities and produce products at the correct specifications. With each passing day, the importance of H<sub>2</sub> in refineries is increasing as crude oil gets heavier and more sour while product specifications are simultaneously getting tighter.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
