Chemical Technology
Hexagon Composites ASA | August 20, 2022
Hexagon Digital Wave has signed a strategic testing service agreement with NG Advantage LLC, a leading provider of turnkey virtual pipeline solutions in the United States. Hexagon Digital Wave will perform in situ Modal Acoustic Emission (MAE) requalification of Type-4 cylinders used for transportation of compressed natural. MAE enables the requalification of Type-4 cylinders without removal from the trailer, resulting in reduced downtime and operator overhead, all while providing the most effective assessment of composite structural integrity available. The testing service agreement has a 1-year term and estimated value of USD 1 million.
“we continue to make the safety of our key stakeholders the number one priority by making sure that our fleet of trailers remains compliant and reliable. As a leader in the fabrication of high-tech, carbon fiber trailers, Hexagon Digital Wave’s testing and recertification service supports our continuing commitment to safety.”
CEO for NG Advantage, Rico Biasetti
About the market
MAE uses advanced electronics and sensors that capture broadband waveforms to identify whether structural integrity deficiencies are present in Composite Overwrappped Pressure Vessels. The use of MAE is a requalification method adopted by the US Department of Transportation Pipeline and Hazardous Materials Safety Administration for every five (5) year requalification requirement.
Hexagon Digital Wave performs requalification of COPVs under its US DOT special permit 20396. By performing inspections in situ, the need to vent trailer contents to the atmosphere is eliminated, enabling our customers to reduce greenhouse gas (GHG) emissions and meet their sustainability goals.
A significant increase in customer demand for compressed gas transport is driving module owners to seek safe, and time efficient methods of cylinder requalification. Hexagon Digital Wave’s MAE services meet these demanding requirements, and when leveraged alleviate pain points for customers and module suppliers alike.
About Hexagon Digital Wave
Hexagon Digital Wave, a subsidiary of Hexagon Composites ASA, is a manufacturer of Ultrasonic Examination cylinder testing equipment, Modal Acoustic Emission testing equipment and a provider of associated inspection services. With applications worldwide, Hexagon Digital Wave serves government entities, academic institutions, and private clients in the compressed gas and pressure vessel industries.
About NG Advantage
Committed to supporting the transition to a renewable energy future, NG Advantage provides the economic and environmental benefits of natural gas to manufacturers, institutions, and utilities that either lack access to pipeline natural gas or experience supply constraints. Using its fleet of high-tech, carbon fiber tractor-trailers, natural gas is trucked to customer sites safely and reliably.
About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications.
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Chemical Management
Svante | August 18, 2022
The following is an official statement about the US’s enactment of the Inflation Reduction Act, made by Claude Letourneau, President and CEO of leading Canadian carbon capture and removal solutions provider, Svante.
The US’s Inflation Reduction Act, signed into law on Tuesday by President Biden, is a monumental bill that truly demonstrates America’s commitment to climate action and a way to monetize CO2 emissions to develop a viable carbon management industry.
The US is the second largest emitter of CO2 after China, and the Inflation Reduction Act will play an essential role in helping the US and the world reach its net-zero emissions goals by 2050.
Atmospheric CO2 continues to rise to unprecedented levels due to human activities. We continue to emit more CO2 than our natural resources like oceans and trees can handle. This imbalance is cited to be approximately 18 gigatons per year. According to the US Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator, that’s equal to the CO2 emitted from driving 3.8 billion gasoline powered cars for a year, which amounts to a lot of CO2 that can’t be absorbed by our natural environment.
To fix this imbalance and reach net zero, the world needs several engineered solutions to avoid and manage carbon emissions on a global scale. This can be done through capturing carbon at the source of emission (point source) and through the removal of legacy carbon via direct air capture (DAC), as well as bio capture. Carbon management engineered solutions, like Svante’s, along with other tools in the toolbox such as renewables, electrification of vehicles, and hydrogen, are integral in the fight against climate change. According to the recent IRENA report, around 37 gigatons per year of CO2 emissions need to be mitigated which will cost a total of $120 trillion US dollars. Carbon capture and removal represents 2% of the total cost and will deliver 20% of the emissions mitigations benefit … it’s the ‘best bang for your buck’.
Carbon is deeply embedded into the global economy. CO2 is emitted when making steel, cement, hydrogen, energy, and important infrastructure. These products that we all enjoy are created with CO2 emissions, and it is impossible, today, to halt all production of these commodities. Because of this, and because we must act quickly, the world needs to capture CO2 from industrial emissions and safely store it underground or use it to make other products.
Without carbon capture, utilization and storage (CCUS), the world will not reach net zero by midcentury, and legislation such as the US’s 45Q Tax Credit enhancements will help propel our industry forward, enabling us to rapidly deploy CCUS projects at gigaton scale.
To effectively capture the CO2 currently being emitted into the atmosphere, the world needs to have 10,000 capture plants running over the next 30 years, or two plants a week in the next decade, at a cost of approximately $250 million per plant.
The cost of capturing CO2 today is approximately $50/tonne for point source capture and $350/tonne for direct air capture. The storage portion, in which a storage company transports and stores CO2 safely underground, costs around $10-$30/tonne, depending on the provider. This brings the cost of carbon capture and storage to around $70 to $80 per tonne — that’s $20-$30 more than what 45Q was originally offering. The US’s Inflation Reduction Act, signed into law this week by President Biden, enhanced 45Q, offering companies $85/tonne for point source and $180/tonne for DAC. This is impactful and will drive the investment required to bring mass commercial scale projects to financial investment decision (FID).
About Svante
Svante is an original equipment manufacturer and technology provider of carbon capture and removal solutions that offers companies in heavy-emitting industries a commercially viable way to capture and remove carbon emissions. The carbon we capture is then concentrated to pipeline grade at >95% purity, which can be safely transported and stored underground or used for further industrial use in a closed loop.
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Chemical Management
Energy Systems Group | August 03, 2022
PVS Chemicals, Inc. is partnering with Energy Systems Group, LLC a leading sustainable energy solutions provider and wholly owned subsidiary of CenterPoint Energy, Inc., to significantly improve sustainability at its sulfuric acid plant, located in Chicago, Illinois, by capturing waste steam to generate 2.6 MW of renewable electricity through a steam turbine generator in the new onsite Waste Heat to Power (WHP) Plant. The $14.2 million project, signed in June 2022, will create electricity from waste steam to generate renewable energy that is expected to cover approximately 95% of all plant electricity needs. The project should also eliminate over 12,700 tons of CO2 emissions per year, lessen utility interruptions from voltage trips, and reduce purchased water and chemical consumption.
PVS delivers sustainable chemical product solutions for its suppliers and customers. This project provides a substantial, measurable improvement to the sustainability of the Chicago production facility through generation of electricity from waste steam, which displaces electricity currently produced via fossil fuels. As a result of completing the WHP project, nearly 95% of all electricity consumed at the site is expected to be from an eligible “renewable” resource as defined by State of Illinois legislation. This generated energy also ensures that reliable, high quality sulfuric acid production continues so the plant can consistently meet production targets and demand.
Steam is generated as a result of the exothermic reaction utilized to produce sulfuric acid. Currently, a significant portion of this steam has no beneficial use. The WHP project will instead use the wasted steam to generate power. Using this steam to generate power onsite avoids the purchase of electricity from the grid, which has a high carbon and greenhouse gas (GHG) footprint. In total, PVS expects to reduce its carbon footprint related to electricity by more than 12,700 tons of CO2 per year or a 115% reduction against the current carbon footprint associated with electric power. This expected GHG reduction is equivalent to any of the following
1,452 home annual energy consumption
2,484 cars driving for one year
1,402,157,854 cell phone charges
529,292 mature trees in a forest (almost 30 times the carbon sequestration of Central Park, NYC which contains 18,000 trees)
“This commitment in Chicago is a great example of our approach to business,” said Tim Nicholson, Chief Operating Officer of PVS. “The new installation will take thousands of tons of CO2 out of the air while simultaneously making the facility sustainable for the long term.”
“ESG applauds PVS for their dedication and passion to a cleaner, more sustainable environment. We are truly honored to be a strategic business partner of PVS and provide them with a unique, creative approach to the development and construction of this environmentally beneficial project.”
Jarrett Simon, Vice President of ESG, Public Sector and Sustainable Infrastructure
About PVS Chemicals, Inc.
PVS Chemicals, Inc., founded in Detroit in 1945, has more than 1,400 employees worldwide and has 17 manufacturing plants and several distribution facilities across the U.S., Europe, Canada and Asia. What PVS provides touches everyone in some unique way. That’s why at PVS, Chemistry For Daily Life™ isn’t just a tagline, it’s a promise. PVS is a global manufacturer, distributor, and marketer of high- quality chemicals and provides reliable transportation services to its suppliers and customers. PVS provides sustainable solutions around the world to diverse industries that include electronics, manufacturing, steel, agricultural, fine chemicals, metal finishing, water treatment and food processing. PVS is committed to 100% customer satisfaction and creating a circular economy to maximize the use and reuse of our planet’s resources.
About Energy Systems Group, LLC
ENERGY SYSTEMS GROUP®, a wholly owned subsidiary of CenterPoint Energy, Inc., is a leading sustainable energy solutions provider that specializes in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. ESG also offers a full range of sustainable infrastructure solutions including waste-to-energy, distributed generation, and renewable energy.
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