Environment
Ørsted selected by U.S. Department of Energy to receive funding for Star e-Methanol facility
Ørsted announced it has been selected by the Department of Energy Office of Clean Energy Demonstrations to begin award negotiations for up to $100 MM in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.
Methanol-fueled "Ane Maersk" arrives at Port of Hamburg
The "Ane Maersk", the world's first large methanol-capable container ship operated by the Maersk shipping company with a capacity of more than 16,000 TEU, moored at Eurogate Container Terminal Hamburg for the first time on its maiden voyage from Asia to Europe.
NextChem Tech selected as engineering and technology partner for Aliplast’s upcycling plant project in Italy
NextChem Tech has been selected as engineering and technology partner for a new plastic upcycling project to be implemented in Modena by Aliplast, a company part of Hera Group and responsible for the recycling and conversion of plastic waste.
An innovative process for simultaneously producing high-purity benzene and U.S.-grade gasoline from FCC C6 heartcut
Mobile Source Air Toxics (MSAT) II regulations restrict the average benzene level in gasoline sold in the U.S. to 0.62 vol%. In India and in several other countries, benzene in gasoline is presently restricted to 1 vol%. Fluid catalytic cracking (FCC) gasoline contributes to nearly 10%–20% of the gasoline pool in a typical refinery.
Sustainable H2 production through methane pyrolysis
The methane (CH<sub>4</sub>) pyrolysis process [also known as CH<sub>4</sub> cracking or turquoise hydrogen (H<sub>2</sub>) production] is a thermal (high-temperature) breakdown of CH<sub>4</sub> into H<sub>2</sub> gas and solid carbon.
Flare flow measurement
Flare gas meters are used in facilities such as oil rigs, refineries and chemical plants to measure the gas flows in flare lines. In many parts of the world, this is a regulatory requirement.
Editorial Comment: As petrochemicals demand increases globally, novel processes, systems and technologies continue to evolve
Over the next 25 yr, global petrochemicals demand is forecast to increase exponentially, rising from approximately 450 MMtpy in 2025 to > 500 MMtpy in 2035 and upwards to nearly 600 MMtpy by 2050.
Business Trends: A 2024 and beyond outlook for the GCC chemical industry
The global chemical industry faced a challenging year in 2023. Various factors contributed to sluggish demand growth for chemicals globally, including the European recession, U.S. inflation and a lower-than-expected chemical demand rebound in China. These factors resulted in global chemical market growth of < 1% in 2023, with many producers experiencing lower output.
Innovations: Digital Valve Controller Offers Embedded Edge Computing to Streamline Workflows, Optimize Performance
In late 2023, Emerson released its Fisher™ FIELDVUE™ DVC7K Digital Valve Controller, a new design improving upon 30 yr of field-proven innovation.
More than 20% of global oil refining capacity at risk, analysis finds
More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published, as gasoline margins weaken and the pressure to reduce carbon emissions mounts.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
