Ansaldo Energia, Energy Dome ink energy storage agreement

Ansaldo Energia, Ansaldo GreenTech and Energy Dome signed the license agreement for the use by Ansaldo Energia of the energy storage technology owned by Energy Dome, based on the compression and expansion of CO2, said Hydrocarbonprocessing.

This is the first license agreement between Energy Dome and an EPC/OEM internationally renowned company, which will allow Ansaldo Energia to commercialize the CO2 battery in core markets where the company, leader in power generation and key player of the energy transition, has a historic commercial presence. The agreement also foresees the marketing license of energy transition combined cycle (ETCC) technology in combination with gas turbines. The two companies intend to start construction of the first ETCC and CO2 battery commercial plants by the beginning of 2023. Ansaldo Energia will provide the turnkey EPC, including performance guarantees, based on the front end engineering design developed by Energy Dome.

The signature follows the MoU signed last year and the due diligence carried out by Ansaldo Energia on the Energy Dome technology, which confirmed the technology readiness level, performance and costs as well as its potential in the energy storage market. Ansaldo Energia thus enters a strategic segment of the energy supply chain. A crucial operation in the era of ecological transition and fundamental for guaranteeing reliability in the distribution of energy produced from renewable sources.

The storage system owned by Energy Dome is based on a thermodynamic cycle which, by manipulating CO2 between its gaseous and liquid phases, allows an efficient and economical energy storage based on components already available on the market. The process includes a charging mode, in which CO2 is taken from an atmospheric gasholder, the Dome, compressed and then stored under pressure and at ambient temperature in a liquid state. When energy needs to be released, the CO2 is evaporated and expanded in a turbine, then returned to the atmospheric gasholder, ready for the next charging cycle, without the process having any emissions into the atmosphere.

Tosoh Corporation managed the parties in joint proposal of “development of technology for producing raw materials for plastics using CO2 and/or other sources” selected by Japan’s New Energy and Industrial Technology Development Organization (NEDO) funded by the Green Innovation Fund.

Chevron announced it has made a new investment in Carbon Clean. Carbon Clean’s technology is designed to reduce the costs and physical footprint required for carbon capture compared with many existing approaches. Carbon Clean’s technology and fully modular construction also aims to reduce site disruption and facilitate faster permitting.
mrchub.com

Brenntag has expanded its distribution agreement with UK-based Elementis Specialties in India, Nepal, Sri Lanka and the Philippines, the German chemicals distributor said.

This distribution agreement will be effective starting 1 April, it said in a statement. Brenntag will distribute Elementis Specialties’ specialty chemicals and additives for the coatings, adhesive and sealant industries.

Financial details of the agreement were not disclosed.

It was informed earlier, Brenntag Canada Inc., part of the Brenntag Group, the global market leader in chemical and ingredients distribution, signed an agreement with Elementis Specialties Inc. for distribution in Canada. The product lines are used in industrial and architectural coatings, sealants, adhesives, inks, and construction products. They include rheology modifiers, slip and leveling additives, defoamers, wetting and dispersing additives.

Elementis has over 150 years in the industry, providing ingredients for industrial and consumer markets. The company operates across five business segments: Chromium, Coatings, Energy, Personal Care, and Talc.
mrchub.com

CIMC Enric and its subsidiaries have announced a strategic partnership with Maersk to launch a biomass green methanol pilot project, said Hydrocarbonprocessing.

The project will facilitate the landing of Maersk's first generation of green container vessels. The two sides have signed a MoU online to explore long-term cooperation in the clean energy field with a focus on green methanol.

According to the MoU, CIMC Enric will assist the green methanol fuel transformation of Maersk container vessels through innovative and green technologies. Phase I project will comprise a strategic pilot project involving 50,000 t of biomass green methanol. For the phase II project, the annual production capacity is expected to increase to 200,000 t.

According to the Development Plan for Petrochemical and Chemical Industry (2016-2020) by the Ministry of Industry and Information Technology of China, the country's traditional methanol chemical market currently totals about 50 MMtpy with annual growth rate at about 8.8%.

Jens Eskelund, China Chief Representative of A.P. Moller-Maersk said, "Maersk has set an ambitious goal to achieve climate neutrality by 2040, while securing a large-scale supply of green methanol in the next decade is critical to our sustainable energy transition. Maersk is delighted to join hands with our strong Chinese partner CIMC Enric in our journey towards green and clean fuel transformation."

Methanol is a clean liquid fuel containing hydrogen and oxygen. Green methanol can be obtained in various ways including through biomass energy, green hydrogen & carbon capture, or renewable energy. Since green methanol can be produced cleanly, stored and transported conveniently, and offers high-energy density, it is recognized as one of the key pathways to achieve global carbon neutrality.

As per MRC, Topsoe and Shchekinoazot have signed a Memorandum of Understanding (MoU) to synchronize vison and plans on developing blue and green methanol, ammonia, and hydrogen production and reducing CO2 emissions. At the online signing ceremony, parties agreed to inform each other on latest technological developments and jointly explore opportunities of implementing Topsoe’s technologies at Shchekinoazot’s plants to efficiently and safely produce high quality chemicals with the lowest rates of greenhouse gas emission.

mrchub.com

Dear customers, partners and colleagues, in accordance with a joint business agreement with ICIS (RELX), MRC suspends activity for selling ICIS/MRC price data through the Russian legal entity MRC.

The current contracts will be executed according to commercial obligations. New contracts can be agreed in non-Russian jurisdiction, both ICIS or MRC, in accordance with the UK compliance rules.

Thank you for your understanding.
MRC team
MRC

ExxonMobil says it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry, according to SpecialCheim.

“Hydrogen has the potential to significantly reduce CO2 emissions in vital sectors of the economy and create valuable, lower-emissions products that support modern life,” said Joe Blommaert, president of ExxonMobil low carbon solutions.

The proposed hydrogen facility would produce up to 1 billion cubic feet per day of “blue” hydrogen, which is an industry term for hydrogen produced from natural gas and supported by carbon capture and storage. The carbon capture infrastructure for this project would have the capacity to transport and store up to 10 million metric tons of CO2 per year, more than doubling ExxonMobil’s current capacity.

“By helping to activate new markets for hydrogen and carbon capture and storage, this project can play an important part in achieving America’s lower-emissions aspirations,” adds Blommaert.

Using hydrogen as a fuel at the Baytown olefins plant could reduce the integrated complex’s Scope 1 and 2 CO2 emissions by up to 30%, supporting ExxonMobil’s ambition to achieve net zero greenhouse gas emissions from its operated assets by 2050.

As MRC reported earlier, in February, 2022, ExxonMobil and SABIC successful started up Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas. The new facility will produce materials used in packaging, agricultural film, construction materials, clothing, and automotive coolants. The operation includes a 1.8 MM metric tpy ethane steam cracker, two polyethylene (PE) units capable of producing up to 1.3 MM metric tpy, and a monoethylene glycol (MEG) unit with a capacity of 1.1 MM metric tpy.

Ethylene and propylene are the main feedstocks for the production of PE and polypropylene (PP), respectively.

According to MRC''s ScanPlast report, Russia's estimated PE consumption totalled 2,487,450 tonnes in 2021, up by 13% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market totalled 1,494.280 tonnes, up by 21% year on year. Deliveries of homopolymer PP and PP block copolymers increased, whreas.shipments of PP random copolymers decreased significantly.

ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
MRC