MOSCOW (MRC) -- Eni and BASF have signed a strategic agreement on a joint R&D initiative to reduce the CO2 footprint of the transportation sector, as per BASF's press release.
The cooperation aims to develop a new technology to produce advanced bio-propanol from glycerin, a side stream of the production of industrial biodiesel (FAME, fatty acid methyl ester), that Eni will purchase from European producers. The technology under development involves the conversion of glycerin to propanol via an innovative, catalytic hydrotreatment process.
The new approach consists of a process of applying a high-pressure hydrogenation reaction over a BASF catalyst, ensuring that the bio-propanol is produced with a high yield and purity while minimizing by-products. The bio-propanol offers the potential to reduce greenhouse gas emissions by 65 to 75% compared to fossil fuels.
Propanol obtained via this innovative method can be easily added as a drop-in bio-fuel component to gasoline. Thanks to its better physicochemical properties compared to bioethanol and its very high-octane number, bio-propanol is a valuable component for the preparation of premium gasoline.
As MRC reported earlier, in June, 2021, Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, and BASF, the world's petrochemical major, announced the intention to expand their businesses with the production of styrene monomer (SM) based on circular feedstock. Trinseo has procured first supplies of SM based on circular feedstock from BASF for use in its Solution-Styrene Butadiene Rubber (S-SBR) and polystyrene (PS) products. Trinseo supplies S-SBR to major tyre manufacturers while its PS products are used in applications such as food packaging and appliances. The first few customers have already processed the material, said the company.
According to MRC's ScanPlast report, Russia's estimated consumption of PS and styrene plastics totalled 236,110 tonnes in the first five months of 2021, up by 27% year on year (172,360 tonnes). May estimated consumption was 48,880 tonnes, up by 66% year on year.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.
Eni, abbreviation of Ente Nazionale Idrocarburi, in full Eni SpA, Italian energy company operating primarily in petroleum, natural gas, and petrochemicals. Established in 1953, it is one of Europe's largest oil companies in terms of sales.