Teijin to partner with European carbon-management firms for accelerated reduction of greenhouse gas emissions

Teijin Limited announced that it will form a business partnership with European carbon-management professionals GreenDelta GmbH, Makersite GmbH, Minviro Ltd and PRe Sustainability B.V. to establish a new system aimed at accelerating Teijin’s reduction of greenhouse gas (GHG) emissions throughout product life cycles, said the company.

The partnership is expected to further Teijin’s ongoing life cycle assessment (LCA) initiatives to reduce GHG emissions in its manufacture of carbon, aramid fibers and other products as well as lower the environmental impact of product life cycles in a wide range of supply chains, including indirect emissions from the value chains of customer companies, both upstream and downstream (Scope 3), in accordance with the GHG protocol. GHG emission-calculation data and software will be used to visualize emissions from various materials, parts and products, which will support the creation of enhanced emissions-reduction measures.

GreenDelta is a developer of the broadly used LCA and sustainability software offering sustainability consultancy and support. Makersite has a platform that powers sustainable products and supply chain decisions at scale utilizing AI and digital twins. Minviro has an LCA software and is well known for consulting covering the raw materials and battery sectors. PRe Sustainability is a developer of the well-known software and providing various consulting. The know-how and expertise of these companies as well as Teijin will be used to calculate LCA and GHG emissions for environmental impact reduction in a wide range of supply chains.

Teijin aims to further its analysis of GHG emission data to reduce the environmental impacts of its own carbon, aramid fibers and fiber reinforced plastics (FRP) as well as indirect emissions in Scope 3. Teijin also plans to integrate data on the environmental value of recycled materials it collects and tracks in order to visualize the environmental impacts of materials disposal, recycling and reuse, based on which the company expects to disclose more reliable LCA quantitative data.

We remind, Teijin Frontier Co., Ltd., the Teijin Group’s fibers and products converting company, announced that its core base for polyester fiber manufacturing, Teijin Polyester (Thailand) Limited (TPL), launched a cutting-edge automated facility for the highly efficient production of polyester filaments.

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Chevron Phillips Chemical Company LLC and QatarEnergy announced that they are proceeding with the construction of an USD8.5 B integrated polymers facility in Orange, Texas, expected to create more than 500 full-time jobs and approximately 4,500 construction jobs and generate an estimated USD50 B for the community in residual economic impacts, said Hydracarbonprocessing.

The companies have made a positive final investment decision on the project and created a joint venture company, Golden Triangle Polymers Company LLC, named for the Golden Triangle region of Texas that includes the city of Orange. Chevron Phillips Chemical owns a 51% equity share in the joint venture and QatarEnergy owns 49%.

“Chevron Phillips Chemical and QatarEnergy have collaborated for over 20 years on the assets we operate together in Qatar. We have a great relationship and a proven track record of operating these facilities safely and reliably,” said Chevron Phillips Chemical President and CEO Bruce Chinn. “Our products help make life better for billions of people every day, and they are part of a lower carbon future. This facility will help meet the growing demand for our products and improve the quality of life for the world’s growing global population.”

His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy said: “We are excited to announce taking the FID on our largest petrochemical investment ever, highlighting QatarEnergy’s integrated position as a major player in the LNG and international exploration sectors, as well as being a global petrochemicals producer. This important project will complement QatarEnergy’s growing portfolio, both internationally as well as in the United States, and will help meet growing global demand for polymers. It builds on our long-term and successful partnership with Chevron Phillips Chemical, and we look forward to further collaborations in the future.”

Once operational, the plant will produce Marlex polyethylene. Polyethylene is used in the production of durable goods like pipe for natural gas and water delivery and recreational products such as kayaks and coolers. It is also used in essential packaging applications to protect and preserve food, helping prevent it from going to landfills, and keep medical supplies sterile.

The plant, expected to begin operations in 2026, will include a 2,080,000 tpy ethane cracker and two 1,000,000 tpy high-density polyethylene units. The project is targeting to have approximately 25% lower greenhouse gas emissions than similar facilities in the United States and Europe, supporting the company’s efforts to help enable a lower carbon future. Chevron Phillips Chemical will manage engineering, procurement and construction for the project and operate the facility after start-up.

Construction of the Golden Triangle Polymers plant will begin immediately near Chevron Phillips Chemical’s existing facility in Orange, located 113 miles east of Houston. Chevron Phillips Chemical and its predecessors have had a presence in the Orange community since 1955.

We remind, Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL), Ltd. (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Under the JSA, Chevron and MOL will explore the technical and commercial feasibility of initially transporting up to 2.5 million tonnes per annum (Mtpa) of liquified CO2 by 2030.

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The Chemours Company, and Honeywell, announced the launch of a new pilot program to enable qualified companies to recycle and reclaim R-448A, also known as Honeywell Solstice® N40, and R-449A, also known as Opteon™ XP40, patented HFO refrigerant blends in the European Union and the United Kingdom, said the company.

In recent years, global regulatory drivers and the increasing need for a circular economy have spurred interest in activities such as recycling and reclamation of refrigerants. Chemours and Honeywell are uniquely positioned to support these activities and license qualified companies to recycle and reclaim patented fluorochemical refrigerants. The old refrigerant is cleaned, returned to specification and used for service of refrigeration systems that need it. To ensure the integrity of these operations and the safety and quality of the resulting R-448A and R-449A, important criteria have been established for potential program participants including audit requirements and strict record-keeping.

We remind, The Chemours Company (Wilmington, Del.) announced that it will be expanding its Chemours Opteon YF (HFO-1234yf) capacity to help meet customer needs as they continue transitioning to lower GWP refrigerants. The Opteon YF and YF blends refrigerants are now used in millions of vehicles and thousands of retail stores around the world, with zero ozone depletion potential (ODP) and global warming potential (GWP) that is significantly lower than the legacy refrigerants.

Chemours is committed to leadership in responsible manufacturing, and this capacity investment will contribute to its goal of shifting the company’s product portfolio to offerings that contribute to achieving the United Nations Sustainable Development Goals (UN SDGs). Chemours is evaluating potential locations in the United States and Europe for the investment in accordance with applicable regulatory frameworks and is particularly interested in supporting the local communities where they operate.
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A coalition of countries will mobilize USD20 B of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030, the United States, Japan and partners said, as per Reuters.

The Indonesia Just Energy Transition Partnership (JETP), more than a year in the making, "is probably the single largest climate finance transaction or partnership ever", a U.S. Treasury official told reporters.

The Indonesia JETP is based on last year's $8.5 B initiative to help South Africa more quickly decarbonize its power sector that was launched at the COP26 climate summit in Glasgow by the United States, Britain and European Union.

To access the program's USD20 billion worth of grants and concessional loans over a three- to five-year period, Indonesia has committed to capping power sector emissions at 290 MMt by 2030, with a peak that year. The public and private sectors have pledged about half of the funds each.

Indonesia has also set a goal to reach net-zero emissions in its power sector by 2050, a decade before its current target in its national climate plan, and to double the pace of renewable energy deployment so that it accounts for at least 34% of all power generation by 2030.

"We've built a platform for cooperation that can truly transform Indonesia's power sector from coal to renewables and support significant economic growth," U.S. Special Envoy on Climate Change John Kerry said.

We remind, Japan's chemical exports rose by 4.8% year on year to Yen (Y) 957.3bn in September, supporting the overall rise in shipments abroad. Exports of organic chemicals fell by 1.7% year on year to Y170.9bn in September while shipments of plastic materials were up by 0.3% at Y251.7bn. On a volume basis, exports of plastic materials fell by 18% year on year to 412,012 tonnes in September.

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Oil production at the Kashagan field, which was suspended after an accident, has been fully restored, KazMunayGas head Magzum Mirzagaliyev said on Tuesday at the SPE Annual Caspian Technical Conference in Astana, said Interfax.

"We had experienced problems with Kashagan regarding a decline in oil and gas production. However, the good news is that a couple of weeks ago, Kashagan output returned to normal, and daily volumes are now at record levels," Mirzagaliev said at the conference.

Production operations halted at the Kashagan field on August 3 following a gas leak at the Bolashak oil and gas processing facilities.

North Caspian Operating Company, which operates the Kashagan field, announced in the early hours of August 10 that "gradual resumption in production" had been suspended since August 3 owing to a gas leak at the Bolashak facilities. At that time, oil output partially resumed at around 100,000 barrels per day, and to 210,000 bpd on September30.

Kazakh Energy Minister Bolat Akchulakov said earlier that production at the Kashagan field would resume by the end of October.

The ministry also said that production at the Kashagan field had returned to the previous volumes as of November 6.

Kashagan is considered one of the largest fields discovered in recent decades. Its recoverable reserves range from nine billion to 13 billion barrels of oil. Commercial production at Kashagan began in the autumn of 2016.

We remind, KazMunayGas has started construction works on a new butadiene and synthetic rubber plant. The plant, estimated to cost $964m, is to be built by 2025. It would produce 66,000 tonnes/year of butadiene, 83,000 tonnes/year of synthetic rubber and 130,000 tonnes/year of isobutane. Butadiene LLP is discussing possible license agreements with Lummus, Versalis (Eni) and ETIC, according to KazMunayGas.
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