Linde signs CO2 off-take agreement with ExxonMobil

Linde has signed a long-term agreement with oil and gas firm ExxonMobil for the off-take of carbon dioxide (CO2) from its new clean hydrogen production site in Beaumont, Texas, said the company.

Back in February (2023), the industrial gas giant said it would invest $1.8bn to build, own and operate an on-site complex to supply clean hydrogen and nitrogen to OCI Global’s “world-scale” blue ammonia plant in Texas.
The facility will be integrated into Linde’s existing infrastructure along the US Gulf Coast and will also supply clean hydrogen to other new and existing off-takers across the network.

ExxonMobil has now agreed to annually transport and permanently store up to 2.2 million metric tonnes of CO2 from the production site: the equivalent to the emissions from nearly half a million cars per year. Dan Ammann, President of ExxonMobil Low Carbon Solutions, said the project is another significant step towards achieving heavy industry’s decarbonisation and Net Zero goals.

Dan Yankowski, Senior Vice-President Americas at Linde, adds, “Working with ExxonMobil as the CO2 off-taker at our Beaumont project supports Linde’s strategy to decarbonise customer processes while safely and reliably supplying low-carbon hydrogen at scale."

The significance of the US Inflation Reduction Act (IRA) to the project is clear and acknowledged. The IRA was confirmed in August 2022 and includes a significant package of mostly supply-side measures supporting low-carbon energy sources and decarbonising technologies in the US.

We remind, Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now, CEO Darren Woods said. The largest U.S. oil producer on Tuesday laid out to investors the aims of its emerging energy transition strategy in a meeting with Wall Street. Exxon is tackling what should be a multi-trillion market in 10 years or more, Woods said.

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Nouryon announced the expansion of its office footprint and workforce in Mumbai, India, with the launch of a new Global Service Center, said the company.

The Global Service Center includes commercial teams focused on business development in India as well as functional hubs that will support the Company’s global growth plans. The newly expanded office and innovation center in Mumbai will employ a growing workforce of nearly 350 employees that will occupy approximately 50,000 square feet.

“Our expanded presence in India reinforces Nouryon’s long-term commitment to this strategically important talent and growth market,” said Charlie Shaver, Nouryon Chairman and CEO. “Nouryon will continue to make sustained investments in talent development and capability enhancement to ensure Nouryon is well positioned to maximize growth in India and around the world."

The Global Service Center also hosts commercial teams, the innovation and application development center, as well as other supporting functional teams including Customer Service, Finance Operations, Logistics, Trade Compliance, Product Safety & Regulatory Affairs, Information Management, and Human Resources.

We remind, Nouryon announced that it has commissioned a chlorine dioxide plant to modernize and expand the Arauco pulp mill in Chile. The project, called the MAPA project, is a $2.35 billion pulp mill and is the largest industrial project in the Biobio region. The new plant adds 1.56 million tons per year of eucalyptus pulp capacity to Arauco’s footprint that will be supplied to its customers.

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Industry associations representing EU plastics producers, processors and users have called on the European Commission to develop transparent parameters for chemically recycled products, said Chemanager-online.

The traceability of recycled content is becoming a major concern for the industry as the number of products containing chemically recycled materials grows and there are no uniform standards for those making and selling them.

In an open letter to the EU government, 31 organizations and sub-groups along the plastics chain, spearheaded by the chemicals and plastics producers’ interest groups Chemical Industry Council (CEFIC) and PlasticsEurope, are pressing the Commission to adopt harmonized rules for calculating the chemically recycled content of products, using the mass balance approach.

The process must be kicked off soon, say the industry associations, which also include processors’ organizations, such as European Plastics Converters (EUPC) its value chain partners.

To move forward more quickly, the industry groupings favor leveraging the EU’s Single Use Plastics Directive (SUPD) Implementing Act, which sets rules for calculating and verifying achievement of recycled content target.

Without prompt clarification, the interest groups say they fear falling farther behind on making investment decisions and being unable to stay ahead of legislative initiatives such as the proposed Packaging and Packaging Waste directive, which will set chemical recycling targets for 2030 and 2040.

We remind, Italian companies Saipem and Garbo have agreed to collaborate to commercialize the latter’s proprietary depolymerization technology, called ChemPET. The process converts waste PET into high-quality, high-value PET that can be reused in the chemical and food industries.

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Solvay, a leading science and materials company whose technologies bring benefits to many aspects of daily life, today announced a strategic collaboration with Ginkgo Bioworks, which is building the leading platform for cell programming and biosecurity, said the company.

Through this multi-year strategic collaboration agreement, Solvay will join forces with Ginkgo to unlock the power of synthetic biology as an enabler of more sustainable chemicals and materials, contributing to the transition towards more environmentally-friendly solutions. This alliance will start by focusing on new sustainable biopolymers, specialties which could tangibly impact a breadth of markets, from home and personal care to agriculture and food.

As part of this partnership, Solvay will also acquire a Ginkgo (formerly Zymergen) laboratory in Cambridge, Massachusetts. This acquisition will expand Solvay’s R&I footprint in the US, provide access to new talents, and establish a sustainable growth base in synthetic biology in one the most important biotech hubs in the world, accelerating the company’s biotech development plan.

With this strategic collaboration and expansion, Solvay will integrate deep competencies in bioinformatics / data science, strain engineering, biocatalysis and fermentation processes, strengthening and accelerating the ability to scout, develop and turn into businesses the most valuable biotech-enabled opportunities.

This partnership is designed to strengthen Solvay’s position in biotechnology as part of the Renewable Materials and Biotechnology growth platform which aims to meet growing demand for sustainable solutions by increasing the share of renewable carbon in Solvay’s product offering and developing new business opportunities enabled by biotechnology. This growth platform complements the company’s activities in three other key areas: battery materials, green hydrogen and thermoplastic composites.

We remind, Solvay announces the completion of the sale of its 50% stake in the RusVinyl joint venture to its joint venture partner Sibur. At the time of closing, Solvay received €433 million in cash proceeds in Belgium which will be reported in the first quarter as cash flow from investing activities (Consolidated statement of cash flows). A capital loss of €174 million will be recognized in the first quarter of 2023, mainly reflecting the crystallization of historic currency translation balances.

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Ecopost and Austrian polyolefins producer Borealis, have agreed on a partnership that will promote Ecopost’s work in Kenya, said Sustainableplastics.

As an integrated waste management company, Ecopost collects and sorts wasterecycles plastic waste plastic into recycled plastic lumber profiles used in applications varying from fencing to road signage to outdoor furniture.

As a social enterprise, Ecopost is addressing the problem of plastic pollution, as well as issues such as chronic youth unemployment, deforestation and climate change, by employing local labour and recycled waste to produce their products.

Kenya is estimated to generate some 22,000 tons of waste per day. Nairobi alone produces over 2,400 tons of solid waste on a daily basis. Poverty is rampant, with 36% of Kenyans living below the poverty line, earning less than USD1.90 a day; deforestation has denuded the land.

Ecopost has developed a model through which it addresses all three challenges. The company works with marginalised youth and women in the community who collect, sort, shred and prepare waste material for producing pellets and plastic lumber. Ecopost not only ensures they are paid a fair and regular income, the company incorporates training and capacity building across the value chain to achieve impact at scale: creating jobs for operators, plastic waste collectors, and distributors.

In this way, Ecopost helps to divert plastic waste from open burning, dumping in waterways, sewers and landfilling and offers alternatives to wood and virgin plastics for applications like fencing, signage & building material.

The collaboration agreed between Borealis and Ecopost will see Borealis providing funding for Ecopost’s activities to boost waste recycling in Kenya and to promote a circular economy in line with the UN Sustainable Development Goals.

We remind, Borealis will implement Honeywell’s UniSim Live software as early adopters to build process models for optimizing operations through virtual process simulation. UniSim Live will allow Borealis to extend the utility of process models to near real-time process monitoring and focus on early event detection by using digital twins to improve plant reliability.


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