Shaw to supply carpet waste to recycler Encina

Shaw to supply carpet waste to recycler Encina

MOSCOW (MRC) -- Encina Development Group, a producer of ISCC+ circular chemicals from end-of-life plastics, announced a new recycling partnership with Shaw Industries Group, Inc., a global flooring manufacturer, said the company.

Under the agreement, Shaw will provide Encina with more than 2 million pounds of waste materials from its carpet manufacturing processes annually. Encina and Shaw Industries announce carpet waste recycling partnership (Photo: Business Wire).

This effort will reduce Shaw’s greenhouse gas emissions and carbon footprint while contributing to its long-standing sustainability commitment, which encompasses its Cradle to Cradle ® design programs that have been in place for more than 20 years. Nearly 90 percent of the products Shaw produces are Cradle to Cradle Certified ®, meaning they have been assessed for material health, product circularity, clean air and climate change, water and soil stewardship, and social fairness. The partnership will contribute to Shaw’s overall sustainability goals and commitment to reducing waste.

We remind, Shaw Industries Group, Inc. (Shaw) has enhanced its robust carpet reclamation and recycling program with the opening of its new Evergreen Ringgold facility, which can recycle nylon and polyester fiber. This investment of more than $20 million in carpet recycling illustrates the company’s continued commitment to converting what has historically been seen as waste into a resource.

Shaw Industries Group, Inc. supplies carpet, resilient, hardwood, laminate, tile and stone, synthetic turf, and other specialty products to residential and commercial markets worldwide.

Qantas, Airbus to invest in Australian biofuel refinery

Qantas, Airbus to invest in Australian biofuel refinery

MOSCOW (MRC) -- Qantas Airways Ltd and Airbus SE will jointly invest $1.34 MM in a biofuel refinery being set up in Australia's Queensland state that would convert agricultural by-products into sustainable aviation fuel (SAF), said Hydrocarbonprocessing.

The funds will be used for a detailed feasibility study and early-stage development of the proposed facility jointly developed by Jet Zero Australia and SAF technology firm LanzaJet, Qantas said on Thursday. The refinery is expected to produce up to 100 million liters of SAF a year, with construction due to start next year.

SAF is a biofuel used to power aircraft that has similar properties to conventional jet fuel without the need to develop new planes or engines. It can be blended with conventional jet fuel and can reduce carbon emissions by up to 80%.

The emissions are saved throughout the production process because the feedstocks used to make SAF, including agricultural residue and wood mill waste, have lower lifecycle emissions than conventional jet fuel. Qantas and Airbus last year set up a $200 MM fund to help meet Qantas' goal of using at least 10% of SAF in its fuel mix by 2030 after the airline placed a multibillion-dollar order for Airbus narrowbody and widebody planes.

The Queensland refinery is the fund's first investment. Due to the lack of a sustainable aviation fuel industry in Australia, Qantas now sources SAF at overseas airports, including 10 million liters for flights out of London in 2023 and 20 million liters for flights out of California from 2025. The airline is targeting 10% of its fuel from SAF by 2030 and 60% by 2050 to hit its target of net zero emissions by then.

We remind, Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore. Shell announced in late 2021 that it was studying a 550,000 tons per year project (tpy) at Singapore's Bukom Island to produce sustainable aviation fuel (SAF) to supply major Asian hubs such as Hong Kong International Airport and Singapore's Changi.

United announces USD15-MM investment in carbon capture company Svante

United announces USD15-MM investment in carbon capture company Svante

MOSCOW (MRC) -- United announced its USD15 mln investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from industrial emission sources into sustainable aviation fuel (SAF), said Hydrocarbonprocessing.

This is the latest announced investment from the new UAV Sustainable Flight FundSM, a first-of-its-kind investment vehicle that is designed to leverage support from cross-industry businesses in order to support start-ups focused on decarbonizing air travel through SAF research, technology and production.

The airline aims to be 100% green by reducing its greenhouse gas (GHG) emissions 100% by 2050, without relying on traditional carbon offsets. To date, United has invested in the future production of over three billion gallons of SAF - the most of any airline in the world.

"Carbon capture technology has the potential to be a critical solution in the fight to stop climate change and has the added benefit of helping us scale the production of SAF," said United CEO Scott Kirby. "And at United we're building on that approach by investing in both companies that can capture CO2 and others that can turn it into fuel. There's no question that this carbon utilization is in its infancy today, but as a leader in sustainable flying we must help build the foundation to deploy this technology of the future as expediently as possible. This is truly a global imperative, and United's investment in Svante reflects our dedication to making sustainable travel a reality."

This investment was made as part of Svante's Series E financing round and will fund and support Svante's commercial-scale filter manufacturing facility in Vancouver, BC, Canada. Svante is working with world-leading organizations, including Dimensional Energy, a carbon utilization – CO2 to jet fuel – company that United Airlines Ventures invested in last year.

We remind, CNOOC and Shell Petrochemicals Company Ltd (CSPC), a joint venture established by China National Offshore Oil Corp (CNOOC) and Royal Dutch Shell, signed a framework agreement worth USD5.6-bn with China’s Huizhou city government to expand its ethylene project in the city. CSPC is expected to add 1.5 million tons per annum ethylene production capacity on top of its existed 2.2 million tons in Huizhou, according to a statement issued by CNOOC on Sunday night.

GPCA chairman Abdulrahman Al-Fageeh confirmed as Sabic CEO

GPCA chairman Abdulrahman Al-Fageeh confirmed as Sabic CEO

MOSCOW (MRC) -- GPCA Chairman Abdulrahman Al-Fageeh has been confirmed as Chief Executive Officer and Executive Member of the Board of SABIC effective March 21, said the company.

Prior to this, Al-Fageeh served as acting CEO since 28 September 2022, succeeding H.E. Yousef Al-Benyan, former CEO of SABIC and former Chairman of GPCA (2016-2022), who was appointed Saudi Arabia’s Minister of Education by a Royal Decree.

Commenting on the appointment Khalid Hashim Al-Dabbagh, Chairman of SABIC’s Board of Directors, said: “Abdulrahman Al-Fageeh is a proven leader, demonstrated during his long tenure at Sabic. He is well-positioned to continue driving sustainable growth for our customers, employees, shareholders and communities."

“The future remains bright for Sabic, the Kingdom of Saudi Arabia, and the chemicals industry as we continue to innovate and expand in order to meet the needs of our ever-changing world. The Board of Directors is confident in Sabic’s ability to continue to realize its vision to be the preferred world leader in chemicals,” he added. Al-Fageeh joined Sabic more than 35 years ago and has held several key leadership posts within the company. In addition to his role as acting CEO, Al-Fageeh led Sabic’s largest business as Executive Vice President, Petrochemicals since its creation in October of 2016.

The GPCA Board of Directors elected Abdulrahman S. Al-Fageeh as the Association’s new Chairman in October. With over 35 years of industry experience, Al-Fageeh has extensive expertise in project management, plant operations and corporate and business management. He first joined SABIC as Project Engineer and worked in different roles before assuming the role of acting CEO. He served as Executive Vice President Petrochemicals for more than seven years, overseeing SABIC’s petrochemical business globally.

Al-Fageeh was also the Executive Vice President for Polymers, Executive Vice President, Performance Chemicals; Vice President, Global LL/LD Polyethylene Business; General Manager, Operations & Planning, Basic Chemicals Strategic Business Unit; and General Manager Oxygenates.

He was the first President of the Yanbu National Petrochemical Company (YANSAB); and served as Chairman of several SABIC affiliates including IBN SINA, SAMAC, SADAF, PETROKEMYA, and more. Al-Fageeh has a Master of Business Administration (MBA) from Bradford University, UK, and a B.Sc. in Chemical Engineering from King Saud University, Riyadh.

We remind, SABIC participated in a ceremony to announce the first package of Shareek projects involving large companies in Saudi Arabia, said the company. The event was held in the presence of several dignitaries, senior businessmen and heads of major companies participating in the program.

Honeywell to support world’s largest renewable fuels plant in Panama

Honeywell to support world’s largest renewable fuels plant in Panama

MOSCOW (MRC) -- Honeywell announced that SGP BioEnergy will implement Honeywell’s Experion System Technology at its Golden City Biorefinery in Colon, Panama, said Hydrocarbonprocessing.

As one of SGP’s key automation contractors, Honeywell will deploy its Experion technology solutions for the plant’s distributed control and safety systems (DCS) and Experion Industrial Security systems for its integrated telecommunications to build a sustainable aviation fuel refinery.

Once fully operational, the biorefinery is expected to produce 180,000 barrels per day of advanced biofuels, including sustainable aviation fuel (SAF) and 405,000 metric tons of green hydrogen annually, according to SGP.

The plant’s SAF production capacity will help to meet the growing global demand for SAF. The International Air Transport Association projected that the aviation industry will require an estimated 23 billion gallons of SAF by 2030 and 449 billion gallons by 2050 to meet the decarbonizing demands of the aviation sector.

Honeywell will provide SGP BioEnergy innovative digital technologies which will help enable the plant to operate at the highest level of efficiency with leading-edge monitoring and controls. Honeywell is also developing a workforce competency plan and strategy to improve operational efficiencies at the plant.

“Our team has a long-standing relationship with Honeywell, and their world-class technology suite, global leadership in refinery operations, and commitment to helping to drive the global energy transition, made our decision simple,” said Randy Delbert Letang, CEO of SGP BioEnergy. “Our project in Panama demonstrates that countries do not have to choose between sustainability and economic growth – it is possible to achieve both at the same time."

“The collaboration between Honeywell and SGP BioEnergy will help ensure that the Golden City Biorefinery project sets a high standard for renewable fuel production and advanced operations globally,” said Jose Fernandes, vice president, Honeywell Performance and Materials Technologies, Latin America. “The project underscores Honeywell's commitment to providing customers with world-class advanced technology solutions that help operate the advanced biorefinery systems of the future."

Construction on the SGP Biorefinery in Colon, Panama is expected to begin in 2025.

We remind, Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore. Shell announced in late 2021 that it was studying a 550,000 tons per year project (tpy) at Singapore's Bukom Island to produce sustainable aviation fuel (SAF) to supply major Asian hubs such as Hong Kong International Airport and Singapore's Changi.