China's SPIC plans USD5.9-B investment turning green hydrogen into fuel

China's SPIC plans USD5.9-B investment turning green hydrogen into fuel

MRC -- China's State Power Investment Corp announced a USD5.85-B investment plan in northeast China to produce fuel from hydrogen produced from wind power, according to a company official and a local government report, said Hydrocarbonprocessing.

The projects, that include a 3.5 gigawatt wind power plant, a 164,000 metric ton per year hydrogen-making facility and 400,000 tpy each of sustainable aviation fuel (SAF) and methanol, will be built in Qiqihaer city of Heilongjiang province, according to a report carried on the city's official WeChat platform.

SPIC will first build a 10,000-tpy pilot plant making SAF from wind power based hydrogen applying technology from Tsing Energy Development Co, the report said, billing the project the first of its kind in China.

The report did not give a timeline building these plants, but a senior Chinese industry executive familiar with the investment told Reuters the SAF plant is slated for first fuel in late 2025.

The official, who declined to be named as these details are not public, said the technology involves blending hydrogen with carbon dioxide derived from corn-based ethanol.

Once the pilot project becomes successful it will be expanded to 400,000 tons annually by around 2030, the official added.

A SPIC representative confirmed the city government's report but declined to comment on the timelines of project building.

State-run SPIC has the largest renewables resources among China's state utilities, operating a total of 160-GW installed clean power capacity.

We remind, Mott Corporation, a global leader in filtration and flow control solutions, announced a new eight-figure agreement with South Korean refinery S-OIL. Mott and its Korean partner DL E&C are teaming up to provide critical filtration technology for S-OIL’s groundbreaking Shaheen project in Ulsan, South Korea.

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Mott Corporation and South Korean partner DL E&C announce eight-figure agreement with S-Oil

Mott Corporation and South Korean partner DL E&C announce eight-figure agreement with S-Oil

MRC -- Mott Corporation, a global leader in filtration and flow control solutions, announced a new eight-figure agreement with South Korean refinery S-OIL. Mott and its Korean partner DL E&C are teaming up to provide critical filtration technology for S-OIL’s groundbreaking Shaheen project in Ulsan, South Korea, said Hydrocarbonprocessing.

This new partnership strengthens Mott’s position as one of the world’s top designers and manufacturers of filtration and flow control technology for a range of industries, including aerospace and defense, clean energy, healthcare, and petrochemical refining. Mott has delivered best-in-class engineering and technical services for customers in those industries and others for more than sixty years.

“This new partnership advances our strategy to apply our world class filtration and flow control technology to a variety of end markets,” said Patrick Hill, VP of Process Systems, Americas, at Mott. “We’re proud to partner with DL E&C to deliver this custom-engineered filtration system and play a part in the ambitious Shaheen project.”

The Shaheen project will produce chemicals including ethylene, one of the most widely used chemicals in the world, which enables production of everything from plastics to textiles. Mott’s advanced filter system removes fine particulates present in feeder streams for chemical conversion processes. The system is designed to run fully automated, 24 hours a day, 7 days a week without shutdown.

This announcement follows Mott’s acquisitions of Italian filtration supplier ASCO Filtri and Michigan-based water reclamation innovator Digested Organics. With the new partnership, Mott continues to diversify its business sectors and bolster its global network of partners and subsidiaries.

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Phillips 66 announces 2024 capital program

Phillips 66 announces 2024 capital program

MRC -- Phillips 66 announced a 2024 capital budget of $2.2 B, including $923 MM for sustaining capital and $1.3 bn for growth capital. Excluding joint venture debt repayments due in 2024, the company’s 2024 capital budget is $2 bn, said Hydrocarbonprocessing.

“We continue to demonstrate capital discipline in support of our strategic priorities,” said Mark Lashier, president and CEO of Phillips 66. “The 2024 capital budget includes investing in our NGL wellhead-to-market value chain, completing the Rodeo renewable fuels facility and enhancing Refining performance. In addition, the capital budget is consistent with our plan to return $13 B to $15 B to shareholders by year-end 2024.”

Lashier added that the sustaining capital budget reflects $300 MM of efficiencies as a result of the company’s business transformation efforts. Phillips 66’s historical average sustaining capital spend was approximately $1 B per year prior to business transformation, and the consolidation of DCP Midstream adds approximately $200 MM in sustaining capital.

In Midstream, the capital budget of $985 MM comprises $392 MM for sustaining projects and $593 MM for growth projects focused on enhancing the company’s integrated NGL wellhead-to-market value chain. In addition, growth capital includes $250 MM related to the repayment of the company’s 25% share of the Bakken Pipeline joint venture’s debt due in 2024.

Phillips 66 plans to invest $1.1 B in Refining, including $412 MM for sustaining capital. Refining growth capital of $654 MM includes completing the conversion of the San Francisco Refinery in Rodeo, California, into one of the world’s largest renewable fuels facilities. Startup of the converted facility is expected in the first quarter of 2024. The conversion will reduce emissions from the facility and allow for the production of lower carbon-intensity transportation fuels. Refining growth capital will also support high-return, low-capital projects to enhance market capture.

We remind, Chevron Lummus Global LLC announced the completion and successful startup of an ISOTERRA unit as part of Chevron's renewable fuel conversion project at their El Segundo Refinery in Southern California. The ISOTERRA unit leverages both the refinery's existing assets and Chevron Lummus Global's proprietary catalyst and reactor internals technology to achieve exceptional diesel yields.

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Neste partners with Coleman Oil Company to make renewable diesel more widely available

Neste partners with Coleman Oil Company to make renewable diesel more widely available

MRC -- Neste has partnered with Coleman Oil Company, a leading provider of fuels, biofuels, lubricants, and related products, to enable cities and businesses to have easier access to Neste MY Renewable Diesel in the state of Washington in the U.S., said Hydrocarbonprocessing.

This partnership expands the availability of Neste MY Renewable Diesel to key locations in Coleman Oil’s network of commercial fueling stations and other distribution channels, such as bulk fuel delivery and retail stations across Washington and offers this lower-emission fuel to the state’s construction, agriculture, heavy duty trucking industries, and municipalities. The partnership is expected to help the state reduce reliance on fossil diesel and make the transportation sector more sustainable.

“Washington State has demonstrated its commitment to sustainability by becoming the latest state to implement a Clean Fuel Standard. Today, Neste is supporting the state’s goal of reducing emissions from the transportation sector by providing renewable diesel to the companies and cities in Washington,” says Carrie Song, Vice President, Renewable Road Transportation, Americas at Neste. “We are excited to partner with Coleman Oil; their massive distribution network is crucial for us in making renewable diesel available across the state.”

“We are extremely excited to partner with Neste. Neste MY Renewable Diesel is a best-in-class product that will be at the center of our renewables strategy,” says Ian Coleman, President of Coleman Oil Company.

Made from sustainably sourced, 100% renewable raw materials, Neste MY Renewable Diesel can reduce greenhouse gas (GHG) emissions by up to 75%* over the fuel’s life cycle compared with fossil diesel. In addition to reducing GHG emissions, renewable diesel delivers strong performance. Because it does not contain sulfur, oxygen or aromatic compounds, it combusts cleaner. Additionally, Neste MY Renewable Diesel performs well in extreme cold conditions (down to -4°F/-20°C) and can be stored over long periods of time without deterioration, making it an ideal choice for businesses that operate in Washington, where the average daytime temperatures can range from the upper 30s to around 0°F (3° to -17°C) in winter.

We remind, in November 2023, the Ministry of Economic Affairs and Employment in Finland granted Neste an energy investment aid of EUR 1.96 million for heat recovery from the green hydrogen production being planned for the Porvoo refinery. The goal of the project, which is in the basic engineering phase, is to build a 120MW electrolyzer that produces green hydrogen for the refinery’s processes. In addition to green hydrogen, the production also generates heat that could be recovered. The investment decision readiness regarding the green hydrogen project is expected to be reached during 2024.

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AkzoNobel and China’s Wuxi El Pont exploring use of electron beams to cure coatings

AkzoNobel and China’s Wuxi El Pont exploring use of electron beams to cure coatings

MRC -- AkzoNobel’s Coil and Extrusion Coatings business has signed a strategic agreement with the hi-tech specialists to develop a pioneering process that uses electron beams to cure coatings on metal substrates, said the company.

E-beam technology is a fast-growing scientific field and could offer significant advantages over conventional thermal curing methods, such as lower energy consumption, increased productivity with higher quality and reduced environmental impact. The process itself cures coatings by using a directed stream of electrons to deliver the energy required to form the final film.

“We’re extremely excited about the possibilities of E-beam technology and the benefits this partnership could bring,” says Jim Kavanagh, Director of AkzoNobel’s Industrial Coatings business. “By working together with Wuxi El Pont, we’ll be able to leverage their expertise and experience of electron accelerators and beam devices and innovate sustainable solutions together.”

Adds Dr. Yuwei Zhang, Chairman of Wuxi El Pont Radiation Technology Co., Ltd: “We’re committed to developing China's civil nuclear technology and expanding the application of electron beam technology. We have every confidence that the combination of our process development capabilities for low-energy electron beam equipment with AkzoNobel’s research and development expertise will prove to be a success. Our close cooperation will accelerate the low carbon transformation of the paints and coatings industry, improve product quality and safety, and provide strong support for the industry to make strides towards carbon neutrality as soon as possible.”

Wuxi El Pont is a leading player in the high energy radiation accelerator market. The company has a strong presence in China and offers advanced solutions for radiation sterilization and material processing applications. The E-beam technology it uses is electrically generated and?does not rely on radioisotopes, which means no radioactive waste or toxic compounds are involved.

We remind, Revolutionary software co-developed by AkzoNobel’s Powder Coatings business and coatingAI is using artificial intelligence to help customers improve the application process and reduce their carbon footprint. The industry-first technology, called Flightpath, optimizes equipment settings to reduce defects and overspray and improve powder consumption – helping to reduce costs, avoid rework and save time and energy.

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