MOSCOW (MRC) -- Air Liquide, BASF and Shell are joining Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero to collectively evaluate and advance emissions reduction efforts in and around the Houston industrial area, according to SpecialChem.
Three additional companies have announced their support for exploring the implementation of large-scale carbon capture and storage (CCS) technology in and around the Houston industrial area.
The 14 companies are evaluating how to use safe, proven CCS technology at Houston-area facilities that provide energy and products for modern life, including advanced manufacturing for plastics, packaging, motor fuels and power generation.
Together, these companies and others in the region could capture and safely store up to 50 million metric tons of CO2 per year by 2030 and about 100 million metric tons per year by 2040, helping to significantly reduce emissions in the Houston region. In December 2021, the companies held a series of workshops at the University of Houston to discuss collaboration and activation of this important, large-scale emissions-reduction effort. These efforts have already gained broad support in the Houston region, including from Houston mayor Sylvester Turner, the Harris County commissioners’ court, the greater Houston partnership and the center for Houston’s future.
“Large-scale carbon capture and storage in the Houston region will be a cornerstone for the world’s energy transition, and these companies’ efforts are crucial toward advancing CCS development to achieve broad scale commercial impact,” said Charles McConnell, director of University of Houston’s center for carbon management in energy and former assistant secretary in the U.S. department of energy. “As the energy capital of the world, Houston has the expertise and leadership - including industry, academia and policymakers - to realize a low carbon, reliable and affordable energy future. I look forward to working alongside these 14 companies to make Houston the global leader in CCS.”
ToWide-scale, affordable deployment of CCS in the Houston area will require the support of industry, communities and government. If appropriate policies and regulations are put in place, CCS could help the United States and Houston reach net-zero goals while generating new jobs and protecting existing jobs that are important to Houston’s economy. CCS could also promote long-term economic growth in Southeast Texas and beyond.
As MRC wrote previously, in September 2021, eleven companies expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston. Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero have agreed to begin discussing plans that could lead to capturing and safely storing up to 50 million metric tons of CO2 per year by 2030 and about 100 million metric tons by 2040.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,265,290 tonnes in the first eleven months of 2021, up by 14% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,363,850 tonnes in January-November, 2021, up by 25% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.