Olin and Plug Power sign MoU for green hydrogen JV to serve North America

MOSCOW (MRC) -- Olin Corporation, a leading vertically integrated chlor alkali producer and marketer, and Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, have announced the signing of a memorandum of understanding (MOU) with the intention to create a joint venture (JV) to produce and market green hydrogen to support growing fuel cell demand in the global hydrogen economy, according to CISION.

The JV is the first of its kind and will provide reliability of supply and speed to market for green hydrogen throughout North America, setting the foundation for broader collaboration between the two companies. The first production plant in St. Gabriel, Louisiana will produce 15 tons per day (tpd) of green hydrogen.

This partnership brings together Olin, North America's largest producer of electrolytic hydrogen, with Plug Power, who is building an end-to-end global green hydrogen ecosystem. Under the JV, Plug Power will market the hydrogen and provide logistical support for delivery while Olin will provide reliable hydrogen production and operational support.

"Olin's 130-year history of producing hydrogen as part of our chlor alkali production process combined with Plug Power's leadership in the green hydrogen economy creates a powerful partnership to serve the growing demand for green hydrogen," noted Scott Sutton, Chairman, President, and CEO of Olin. "This JV is a key step for Olin as we seek to recognize the full potential of Olin's untapped hydrogen supply capabilities across North America. We are excited to partner with Plug Power, a true leader in sustainable hydrogen, to serve the fuel cell market."

The joint venture is expected to be operational in 2023.

As MRC informed previously, Olin Corp. (Calyton, Mo.) and Mitsui & Co., Ltd. (Tokyo) announced a global strategic alliance to better serve customers. The companies have agreed to a memorandum of understanding to establish a joint venture that brings together Mitsui’s top-notch global logistics, deep supplier and customer relationships, and breadth of product portfolio with Olin’s scale, North American export capability, and production flexibility across the electrochemical unit (ECU) portfolio.

We remind that a fire and chlorine spill at Olin Corp’s plant in Plaquemine, a tenant at the Dow Chemical facility, was reported to Iberville Sheriff’s office around 8:40 p.m., on 18 April, 2022. Louisiana authorities lifted a shelter-in-place order within five hours of issuing it after a chlorine leak on Monday.

Olin Corporation was founded in 1892 and is currently based in Clayton, Missouri, USA. The company's activities are concentrated in three segments: the production of military ammunition and chlor-alkali products, and their distribution. It is one of the main producers of polyvinyl chloride in the USA along with Shintech, Formosa Plastics, Westlake Chemical and Axiall.

Plug Power is building an end-to-end green hydrogen ecosystem, from production, storage and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy.
MRC

MOSCOW (MRC) -- Sasol ecoFT has signed a letter of intent with Solleftea municipality in collaboration with Sweden's energy company Uniper, to investigate the possibility of establishing an industry-scale production facility for sustainable aviation fuel (SAF), as per the company's press release.

Once built, this highly innovative industrial plant, will contribute to the decarbonisation of the aviation industry.

Taking place under the joint venture SkyFuelH2, the ambition is to produce SAF based on green hydrogen and carbon from biomass using the Fischer-Tropsch process. The process is based on Sasol's world-class proprietary Fischer-Tropsch technology.

Langsele in Solleftea is the natural site selection for SkyFuelH2, not least thanks to the municipality's ambitious growth targets and its supply of renewable electricity, carbon from biomass, and suitable land areas.

"We are excited to leverage our proven Fischer-Tropsch technology and 70 years of experience in running complex, integrated operations to produce and market fuels and chemicals. By applying green hydrogen and sustainable carbon sources as feedstock in our proprietary Power-to-Liquids (PtL) process, we can now produce sustainable fuels, thereby contributing to a thriving planet, our society and enterprises," said Fleetwood Grobler, President and CEO of Sasol Limited.

As MRC reported before, earlier this month, Sasol Ltd. (Johannesburg, South Africa) joined Concrete Chemicals project, an innovative consortium of Sasol’s new business unit Sasol ecoFT, global cement producer Cemex, S.A.B. de C.V. (Monterrey, Mexico) and German renewable energy company ENERTRAG, according to Chemical Engineering. The international consortium sets course for climate-neutral cement production by converting CO2 into sustainable aviation fuels (SAF) with use of hydrogen, thus presenting an opportunity for CO2 reduction in both sectors.

We remind that Sasol's world-scale US ethane cracker with the capacity of 1.5 mln tonnes per year reached beneficial operation on 27 August 2019. Sasol's new cracker, the heart of Lake Charles Chemicals Project (LCCP), is the third and most significant of the seven LCCP facilities to come online and will provide feedstock to the company's six new derivative units at its Lake Charles multi-asset site.

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 2,487,450 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, whereas, shipments of PP random copolymers decreased significantly.

Sasol is an international integrated chemicals and energy company that leverages technologies and the expertise of our 31 270 people working in 32 countries. The company develops and commercialises technologies, and builds and operates world-scale facilities to produce a range of high-value product stream, including liquid fuels, petrochemicals and low-carbon electricity.
MRC

MOSCOW (MRC) -- China’s biggest refiner posted a net profit increase of 24.3% in the first quarter, as higher prices of its major products boosted revenue, said Reuters.

Strong crude spurred up its exploration business, which generated yuan (CNY) 11.46bn ($1.74bn) earnings before interest and tax (EBIT) in the first quarter, up by 273% on year. Total oil and gas outputs increased 3.7% to 121m barrels of oil equivalent.

Crude throughput stood at 64.2m tonnes, gaining by 2.7% on year. Ethylene production increased 6.7% to 3.6m tonnes.

EBIT for chemical segment decreased 79.5% to CNY1.89bn. The company said that chemical business faces intensive competitions and shrinking margins. In response, the company better leveraged its outputs and sales, increased exports, and adjusted maintenance schedules. It also raised productions of products with higher profitability, such as ethylene vinyl acetate (EVA), butadiene rubber and 1,4 butanediol (BDO). Capital expenditures stood at CNY25.4bn.

As MRC informed before, Sinopec Maoming Petrochemical Company delayed the turnaround at its No. 2 low density polyethylene (LDPE) unit in Guangdong, China until 24 March, 2021. Initially the company intended to take off-stream its 250,000 tons/year No. 2 LDPE unit on 15 March, 2021.

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 2,487,450 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.

Sinopec corp. is one of the world's largest integrated energy and chemical companies. Business Sinopec Corp. includes oil and gas exploration, production and transportation of oil and gas, oil refining, petrochemical production, production of mineral fertilizers and other chemical products. In terms of refining capacity, Sinopec Corp. ranks second in the world, in terms of ethylene capacity - fourth.
mrchub.com

MOSCOW (MRC) -- GIDARA Energy and the Port of Rotterdam have announced GIDARA’s next advanced biofuels facility in the Netherlands: Advanced Methanol Rotterdam (AMR), according to Hydrocarbonprocessing.

Located in the Port of Rotterdam, the plant will convert non-recyclable waste into advanced methanol. The facility is scheduled to start detail engineering and construction in the first half of 2023, when a permit is received, and start production of renewable methanol in 2025.

The advanced methanol achieves CO2 emission reductions outlined in the Renewable Energy Directive II (RED II) and Fit-for-55 frameworks. The renewable fuel will replace fossil fuels, creating significant carbon savings. The Port of Rotterdam Authority has provided a unique site location in the port for this facility.

Last year, GIDARA Energy announced Advanced Methanol Amsterdam, a state-of-the-art renewable fuels facility that will serve as a blueprint for AMR. The two facilities will be identical, utilizing GIDARA’s patented High-Temperature Winkler (HTW) technology, which converts non-recyclable waste to renewable fuels. This technology has been used commercially in four other waste to clean syngas production facilities.

Advanced Methanol Rotterdam will achieve a reduction of 350,000 tons of CO2eq of GHG emissions per year, producing approximately 90,000 tons of renewable methanol yearly by converting 180,000 tons of local non-recyclable waste that is currently being incinerated.

All side streams of the conversion process at the AMR facility will be put to use so that the CO2 will be captured and led to local greenhouses; bottom product residue will be used for cement production; and other streams like ammonia and salts will be sold and put to use as feed stock for other industries and road salt respectively, creating a circular concept.

As MRC wrote before, in February 2022, Global Energy Storage (GES) successfully closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in Europoort, Port of Rotterdam.

We remind that supporting its goal of driving the decarbonization of hydrocarbon processes and the road to net zero emissions, Atlas Copco Gas and Process will be supplying CO2 compression equipment to one of Europe’s most ambitious renewable biofuels plant projects. Thus, the equipment will be used in an 820,000 tpy biofuels facility, located at the Shell Energy and Chemicals Park Rotterdam, the Netherlands (formerly known as the Pernis refinery). Shell announced plans for the facility earlier last fall.

Once completed, the facility will be among Europe’s largest for the production of sustainable aviation fuel (SAF), renewable diesel and renewable naptha made from biowaste. A facility of this size could produce enough renewable diesel to avoid 2.8 MM tons of CO2 emissions a year. That’s the equivalent of taking more than 1 MM European cars off the roads.

We also remind that Royal Dutch Shell plans to reduce its refining and chemicals portfolio by more than half, it said in July 2020 without giving a precise timeframe. The move is part of the Anglo-Dutch company's plan to shrink its oil and gas business and expand its renewables and power division to reduce greenhouse gas emissions sharply by 2050.

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 2,487,450 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.
MRC

MOSCOW (MRC) -- Air Liquide has signed a new long-term supply agreement with Ezz Steel, said the company.

The industrial gases producer will invest USD80m in building an air separation unit (ASU) at Ezz’s new plant in Ain Sokhna, east of Cairo, in Egypt.

The unit will have 770 tonnes/day of oxygen production capacity to supply Ezz and other customers in the basin, which is a key site for heavy industries in the Suez Canal Economic Zone.

Air Liquide will also expand its existing pipeline network in Ain Sokhna to connect the new plant to Air Liquide’s four other ASUs in operation, increasing the reliability of supply.

The project includes a carbon dioxide (CO2) reduction roadmap based on renewable power sourcing, in line with Air Liquide’s sustainability goal to become carbon neutral by 2050.

As per MRC, Air Liquide and Sogestran have signed an agreement to form a joint venture, said the company.
It will provide large-scale liquid CO2 shipping and barging solutions tailored to the needs of future Carbon Capture and Storage (CCS) projects in Europe. This joint venture will strengthen Air Liquide’s offering on the carbon management value chain, including capture, aggregation, processing, and transport to permanent storage locations.

As MRC wrote earlier, 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. 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.

A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 75 countries with approximately 66,400 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and
hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.
mrchub.com