Aemetis, Inc. | March 16, 2022
Aemetis, Inc. a renewable fuels company focused on negative carbon intensity products, announced that an offtake agreement has been signed with Qantas Group and Qantas Airlines for 35 million gallons of blended sustainable aviation fuel to be delivered over the 7 year term of the agreement. The value of the contract including incentives is approximately $250 million.
Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails. The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
This supply agreement with Aemetis builds on Qantas’s expanding effort for a future of net zero emissions by 2050.
“Climate change is front of mind for Qantas, our customers, employees and investors, and it is a key focus for us as we move through our recovery from the pandemic. Operating our aircraft with sustainable aviation fuel is the single biggest thing we can do to directly reduce our emissions.”
Qantas Group CEO Alan Joyce
The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125-acre former U.S. Army Ammunition production plant site in Riverbank, California. The blended sustainable aviation fuel is scheduled to begin deliveries to Qantas in 2025.
“The use of sustainable aviation fuel by Qantas is another step toward lowering the environmental impact of aviation,” stated Eric McAfee, Chairman and CEO of Aemetis. “Our supply of SAF to the San Francisco International Airport is supported by the California Low Carbon Fuel Standard, creating new investment and jobs in disadvantaged minority communities in the state.”
Powered by 100% renewable electricity, the Aemetis Carbon Zero production plant at the Riverbank plant site is designed to sequester CO2 from the production process using injection wells, significantly reducing the carbon intensity of the renewable fuel.
Aemetis has a mission to transform renewable energy with below zero carbon intensity transportation fuels. Aemetis has launched the Carbon Zero production process to decarbonize the transportation sector using today’s infrastructure.
Aemetis Carbon Zero products include zero carbon fuels that can “drop in” to be used in airplane, truck, and ship fleets. Aemetis low-carbon fuels have substantially reduced carbon intensity compared to standard petroleum fossil-based fuels across their lifecycle.
Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis also owns and operates a 50 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India and Europe. Aemetis is developing the Carbon Zero sustainable aviation fuel (SAF) and renewable diesel fuel biorefineries in California to utilize distillers corn oil and other renewable oils to produce low carbon intensity renewable jet and diesel fuel using cellulosic hydrogen from waste orchard and forest wood, while pre-extracting cellulosic sugars from the waste wood to be processed into high value cellulosic ethanol at the Keyes plant. Aemetis holds a portfolio of patents and exclusive technology licenses to produce renewable fuels and biochemicals.
Jazeera Paints | February 22, 2022
Jazeera Paints, the leading Saudi company in the field of paints, colors, and construction solutions, will participate this week in the International Petroleum Technology Conference in its 12th session in the Kingdom of Saudi Arabia, on Monday February 21-23, 2022, at the Riyadh International Convention & Exhibition Center in Riyadh.
This participation comes out of the interest of Jazeera Paints in presenting its contributions related to the industrial and construction aspects to the visitors of the conference, employing its expertise and research summary to develop this field in cooperation with other parties participating in the conference.
Founded in 2005, the International Petroleum Technology Conference is the leading multidisciplinary technical event in the Eastern Hemisphere. The scope of the conference program addresses technology and related industry issues that challenge industry and management professionals around the world.
This edition of the IPTC will be held 21–23 February 2022 at the Riyadh International Convention and Exhibition Centre in Riyadh, Kingdom of Saudi Arabia, with Saudi Aramco serving as the Exclusive Host.
Chemours Company | March 11, 2022
The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, today announced it has suspended business with Russian entities in response to the ongoing military conflict and humanitarian crisis.
“Chemours condemns the senseless violence taking place and views continuing business as inconsistent with our company values. As always, we will work to meet the needs of our global customers throughout this process, however, we believe suspending business with Russian entities is the right thing to do. We will continue to monitor the situation closely and reassess in the future.”
Mark Newman, President and CEO for Chemours
Chemours also announced a $100,000 donation to the International Committee of the Red Cross to support humanitarian efforts in the region.
“Every day we encourage our people to operate with the courage to make a difference. Over the past two weeks the people of the Ukraine have embodied such courage and perseverance. Now, we want to do our part and help make a difference by supporting those in need,” said Newman.
Chemours has a small office in Moscow and is working closely with employees to ensure their safety.
About The Chemours Company
The Chemours Company is a global leader in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration, and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,400 employees and 29 manufacturing sites serving approximately 3,200 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.
ExxonMobil | April 18, 2022
ExxonMobil said it is undertaking early front-end engineering design studies to determine the potential for carbon capture and storage to reduce greenhouse gas emissions from multiple industries in the Gippsland Basin.
The South East Australia carbon capture and storage hub would initially use existing infrastructure to store CO2 in the depleted Bream field off the coast of Gippsland, Victoria. The company is in active discussions with local industries which may be interested in accessing the SEA CCS hub to reduce emissions from their operations.
The project is designed to capture up to 2 million metric tons of CO2 per year. If technical and business feasibility is confirmed, the SEA CCS hub could be operational by 2025.
“Collaboration with other industries is an important step to unlock future carbon capture and storage opportunities for Australia, with the potential for large-scale reductions in the highest emitting industrial sectors. Sound government policies will accelerate the deployment of key technologies required to support society’s ambition for a net-zero future.”
Joe Blommaert, president of ExxonMobil Low Carbon Solutions
ExxonMobil established its Low Carbon Solutions business to commercialize the company’s extensive lower-emission portfolio with the objective to create long-term shareholder value and support global emission-reduction efforts.
Low Carbon Solutions is focused on commercializing lower-emission business opportunities in carbon capture and storage, hydrogen and lower-emission fuels, by leveraging the skills, knowledge and scale of ExxonMobil. The company has more than 30 years of experience capturing CO2 and has cumulatively captured more human-made CO2 than any other company. It has an equity share of about one-fifth of the world’s carbon capture and storage capacity at about 9 million metric tons per year.
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.
The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world.