MOSCOW (MRC) -- BASF signed a joint development agreement with China BlueChemical Limited Company (China BlueChemical), a leading natural gas producer, and the chemical engineering company Wuhuan Engineering Co., Ltd. (Wuhuan Engineering) to promote low-carbon development and utilization of marine gas resources, said Hydrocarbonprocessing.
In the Dongfang Industrial Park of Hainan Province, China BlueChemical extracts large quantities of such offshore natural gas (marine gas) from gas fields in the South China Sea.
Marine gas, unlike the commercial natural gas, contains high concentrations of CO2. The gas needs CO2 removal to be usable for downstream large-scale applications. The process of separating CO2 from natural gas not only increases energy consumption, but also contributes to yield loss and direct carbon emissions. These issues limit the systematic development and utilization of natural gas with high CO2 content.
BASF will leverage its extensive expertise in catalyst development and will collaborate with the two companies to solve these challenges. Through technical innovation in reforming catalysts, special reactor design and related process technology development, BASF’s solution will improve process energy efficiency and carbon efficiency beyond existing commercial catalyst and process technology. The partnerships will promote lower-carbon development and utilization of marine gas resources, and ultimately achieve an economically competitive and environmentally friendly commercial process.
As per MRC, BASF, the world's petrochemical major, is strengthening its global catalyst development and helping customers to bring new products faster to the market. As part of this strategy, BASF is building a new pilot plant center at its Ludwigshafen site.
As MRC wrote before, BASF will build a battery recycling prototype plant in Schwarzheide, Germany, at the site of its cathode active materials (CAM) plant.
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.