Nanoscale Chemicals Market Historical Development and Analysis for Huge Growth by 2025 with Evolved Players

Thetactical Marketing | June 06, 2019

Global Nanoscale Chemicals Market research report covers the analysis about business overview, market size, share, trends, gross margin, opportunities, challenges and risks factors concerning the market up to 2025. This research report categorizes the Nanoscale Chemicals industry analysis data by top players, key region, product type, and application for Chemicals and Materials industry. The report also analyzes the growth rate, future trends, sales channels, distributors with market historical development and Analysis for Huge Growth by 2025. Global Nanoscale Chemicals market research report offers high-quality insights and in-depth information of Nanoscale Chemicals Industry.

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CHEMICAL MANAGEMENT

Streamline Innovations Introduces VALKYRIE® ECO and VALKYRIE ECO FLEX Products for H2S Treating in Biogas-to-RNG Upgrading Applications

Businesswire | May 22, 2023

Streamline Innovations, Inc. announced the introduction of the VALKYRIE® ECO and VALKYRIE ECO FLEX H2S treating solutions configured specifically for agricultural biogas and Landfill Gas (LFG) operations. The VALKYRIE ECO model is designed for agricultural biogas applications and the VALKYRIE ECO FLEX solution is engineered for larger volume operations, such as landfills. Both units utilize TALON®, a non-toxic and biodegradable Redox chemistry to remove H2S in an environmentally responsible way. Streamline’s products are manufactured and assembled in the USA. David Sisk, Streamline’s Chief Executive Officer, said, “The introduction of the VALKYRIE ECO and ECO FLEX solutions comes right as the Biogas-to-RNG market is rapidly gaining momentum. RNG project developers need a reliable, proven and environmentally sustainable solution for purifying biogas feedstocks of hydrogen sulfide in the RNG upgrading process so they can sell it into commercial pipelines. VALKYRIE H2S treating technology has been working successfully for years in Oil & Gas and other industries, and its application to the RNG market is a natural extension of this innovative yet proven approach.” Legacy methods for treating H2S have notable downsides, including handling and disposal of hazardous spent media as well as excessive downtime while biological treatment colonies repopulate. Streamline Innovation’s robust Next Generation Liquid Redox process converts H2S into elemental sulfur and water vapor. The Simple Elemental Sulfur™ byproduct is approved by the Organic Materials Review Institute (OMRI) for use in organic food production. Both the VALKYRIE ECO and VALKYRIE ECO FLEX are designed to work effectively in the lower gas pressure environments typically found in biogas and Landfill Gas applications. Importantly, the VALKYRIE ECO FLEX model uses a modular design that allows customers to scale treating capacity in increments to meet individual LFG gas stream volumes. Biogas contaminated with H2S flows through the VALKYRIE H2S treating units containing specialized TALON catalyst, and then exits free of H2S, ready for additional treating to remove other contaminants such as oxygen, carbon dioxide and siloxanes, among others. The VALKYRIE ECO and VALKYRIE ECO FLEX are designed to remove H2S to levels that meet commercial pipeline specifications without additional polishing. About Streamline Innovations Streamline Innovation’s vision is Eliminating Emissions Through Technology. We help heavy industry around the world achieve environmental performance objectives, improve sustainability, and transition to a sustainable, low-carbon economy. Streamline’s environmentally forward H2S treating solutions help achieve the “E” in ESG. H2S is present in many industrial processes throughout the world. Our technology can be applied across industries, delivering a sustainable solution that eliminates H2S, a leading cause of human inhalation accidents and source of SO2 emissions, a primary cause of acid rain. TALON treats effectively in both gas and water phases.

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CHEMICAL TECHNOLOGY, PRODUCTS AND TECHNOLOGIES

Nacero is Developing a World Scale Methanol to Jet Fuel Complex with TOPSOE's Support using their MTJet™ Technology for SAF

Prnewswire | April 03, 2023

Nacero will transition its current pre-construction, multi-billion USD facility in Texas, designed to produce low carbon gasoline to the production of sustainable aviation fuel (SAF) and lower carbon aviation fuel (LCAF). When fully completed, Nacero's facility in Texas will be the largest commercial scale facility in the US for producing SAF and LCAF utilizing TOPSOE's MTJet™ technology. Nacero will produce SAF and LCAF from renewable natural gas (RNG) sourced from dairy farms and landfills, and from mitigated flared gas sourced in the Permian Basin. The SAF and LCAF products will contain no sulfur, while produced utilizing 100%, low-cost renewable power, and utilizing integrated carbon capture within the process. As a result, Nacero and TOPSOE offer America's aviation industry a lower carbon solution for everyday jet fuel at an affordable price and with up to a 100% reduction in its lifecycle carbon footprint. "Topsoe fully supports Nacero's decision to shift its focus to SAF and LCAF production given the challenge of meeting 2030 and 2050 consumption goals of renewable jet fuel. We have been working very closely with Nacero's experienced project team to implement Topsoe NG to gasoline process and we are very excited about the opportunity to continue this successful collaboration while building a scalable solution to meet the world's growing demand for SAF and LCAF." - Henrik Rasmussen, Topsoe's Managing Director, The Americas Nacero will leverage already complete project development work, site permitting, and extensive engineering and construction planning for the earlier proposed TIGAS™ gasoline project. This work will be updated by TOPSOE and Nacero with minimal design modifications required to enable utilization of the very similar MTJet™ process. The already completed engineering and construction planning work, remains unchanged and is completely compatible as designed with TOPSOE's MTJet™ process. This includes TOPSOE's proprietary processes, catalysts, and equipment designs for their SynCOR Methanol™ technology as well as integrated carbon capture technology provided by Giammarco Vetrocoke. Leveraging this previous work enables and achieves significant schedule advantages for the joint development effort to achieve commercialization of SAF production. TOPSOE has more than 50 years of commercial experience and internal research and development with methanol synthesis and methane-rich gas-to-gasoline processes which support a methanol-to-jet solution. TOPSOE, with Nacero participation, is currently working with ASTM to qualify the methanol to jet pathway. Topsoe will provide the required samples (produced from their demonstration unit) to validate fuel quality, safety, and compatibility with existing jet engines. TOPSOE will provide Nacero with engineering and design services to update their Process Design Package (PDP) for MTJet™ technology and will supply catalyst and proprietary hardware for Nacero's Texas facility. Nacero and TOPSOE together will focus on long-term, large-scale impacts to achieve the established U.S. carbon reduction goals for 2030 and 2050, including expanding the supply of TOPSOE technology and catalysts for future Nacero SAF production facilities in the U.S. TOPSOE's MTJet™ technology, incorporated with Topsoe's SynCOR Methanol™ technology, achieves exceptional economies of scale with each future production phase. By using six parallel SynCOR Methanol™ and MTJet™ process units, Nacero's Texas facility, when fully developed, will produce more than 30,000 metric tons per day (MTPD) of methanol, which will be processed to SAF and LCAF for the aviation industry. "At Nacero, we recognize the need to address climate change and decarbonize all sectors, yet we believe that we can make the greatest impact by helping to reduce carbon produced from air travel," said Nacero's CEO and Chairman, Bruce Selkirk. "The airline industry and U.S. government agencies have pledged significant carbon reduction targets to be achieved by 2030 and 2050 which presently appear to be challenging to meet with current technologies and limited feedstocks. By transitioning our facilities to SAF and LCAF, we believe we can make a significant contribution to meeting these goals while at the same time offering a product to the aviation industry that is cost competitive to traditional jet fuel." About Topsoe Founded in 1940, Topsoe is a leading global developer and supplier of decarbonization technology, catalysts, and services for the energy transition. Our mission is to combat climate change by helping our partners and customers achieve their decarbonization and emission-reduction targets, including those in hard-to-abate sectors such as aviation, shipping, and the production of raw materials. From carbon reduction chemicals, to renewable fuels and plastic upcycling, we are uniquely positioned to aid humanity in realizing a sustainable future.

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CHEMICAL MANAGEMENT

Allkem and Livent to Create a Leading Global Integrated Lithium Chemicals Producer

PRNewswire | May 11, 2023

Allkem and Livent announced the signing of a definitive agreement to combine the two companies to create a leading global lithium chemicals producer. The Transaction is expected to close by the end of calendar year 2023, and upon closing of the all-stock merger of equals, Allkem shareholders will own approximately 56% and Livent shareholders will own approximately 44% of NewCo4. Allkem and Livent, two global lithium chemicals companies, will combine their highly complementary range of assets, growth projects, and operating skills across extraction and processing under a vertically integrated business model with the scale and expertise to meet the rapidly growing demand for lithium chemical products. The combined company will have a significant footprint of low-cost assets diversified across key geographies, products, and customers. Given the proximity of certain assets in Argentina and Canada, significant cost synergies and capex savings, in addition to other anticipated commercial synergies, are expected to be realized from the opportunity to co-develop and de-risk future expansion projects and operations. Livent is a global leader in lithium processing technologies with nearly eight decades of experience producing a diverse range of lithium chemicals for energy storage and other specialty applications. Allkem brings complementary expertise in conventional brine-based lithium extraction, hard rock mining, and lithium processing. With Livent's technical and commercial capabilities and its deep customer relationships, and Allkem's large and diverse resource base and significant growth pipeline, NewCo will be well-positioned to capitalize on the expected growth in lithium demand from electric vehicles ("EVs") and energy storage solutions. Livent's President and Chief Executive Officer, Paul Graves, said: "I am excited for what lies ahead as Livent and Allkem combine forces to help power the transition to EVs, cleaner energy and a more sustainable future. We look forward to playing an even bigger role in the acceleration of decarbonization policies by providing the lithium needed to enable this critical global energy shift. As a combined company, we will have the enhanced scale, product range, geographic coverage, and execution capabilities to meet our customers' rapidly growing demand for lithium chemicals. This transaction will capitalize on our highly complementary business models and our collective strengths, including our best-in-class technologies, assets, and people, to be a leading force in our industry driving growth in EV and energy storage applications. Together we can accelerate our growth plans and deliver more lithium, more reliably, and more quickly, than either of us can do alone. Jointly, we are committed to growing responsibly and supporting the communities where we operate, and we look forward to executing on our shared long-term vision." Allkem's Chief Executive Officer, Martín Pérez de Solay, said: "The combination of Allkem and Livent is transformational with compelling strategic logic and marks a significant milestone in our efforts to grow the company. We are bringing together two highly complementary businesses to create a leading global lithium chemicals company, building on Allkem's demonstrated track record of integration. The vertically integrated NewCo will improve delivery of high-quality, value-added products to our diverse customer base and unlock material synergies. The combination brings together teams with strong expertise in project development, product innovation, and marketing, and sets us up for a faster and de-risked delivery of the next phase of our growth. I believe Allkem shareholders will realize significant benefits from the Transaction as the business transforms into a truly global player with listings in the US and Australia. We will maintain our joint commitment to safety, quality, and productivity and through increased scale we can also improve outcomes for our employees, customers, partners, and the communities in which we operate." About Livent For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The Company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent has a combined workforce of approximately 1,350 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, China, and Argentina.

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