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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 w...
CHEMICAL TECHNOLOGY
Tax chemicals | December 02, 2020
An international group of environmentalists and legal counselors is pushing for an assessment on manufacturers to finance the more secure management and removal of synthetic substances across outskirts. The Center for International Environmental Law and the International Pollutants Elimination Network presented the proposition a month ago to an international gathering under the umbrella of the UN Environment Program. In excess of 100 governments, common society grou...
Summit Carbon Solutions | February 19, 2022
Summit Carbon Solutions, developer of the world's largest carbon capture and storage project, announced it has engaged Morgan Stanley and CohnReznick Capital as financial structuring advisors for Summit's $4.5 billion project, which will be capable of capturing and permanently storing over 12 million tons per year of carbon dioxide. Morgan Stanley will lead all project-level debt structuring advisory services, and CohnReznick Capital will advise Summit on tax equity financ...
Xinhua | February 13, 2020
BASF is planning to construct a new production site for battery materials in the German state Brandenburg, the German chemical giant announced on Wednesday. The new factory will produce cathode active materials (CAM) with an initial capacity enabling the supply for about 400,000 fully electric vehicles per year, according to BASF. The production site in Brandenburg would use precursors from the BASF plant in Harjavalta, Finland. Startup of the two plants was planned for 2022, the German chemical...
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