Chemical recycling could be the solution to plastic pollution

Thenextweb | April 26, 2020

The world is drowning in plastic. About 60% of the more than 8,700 million metric tonnes of plastic ever made is no longer in use, instead sat mostly in landfill or released to the environment. That equals over 400kg of plastic waste for every one of the 7.6 billion people on the planet. One reason for this is that many plastics are not recyclable in our current system. And even those that are recyclable still go to landfill eventually. Plastics cannot be recycled infinitely, at least not using traditional techniques. Most are only given one new lease of life before they end up in the earth, the ocean or an incinerator. But there is hope in a different form of recycling known as chemical recycling. Traditional physical or mechanical recycling typically grinds down plastic into smaller parts that are then mixed and moulded together to create lower grade plastic products. Chemical recycling, on the other hand, breaks the plastic down to the molecular level, making available “platform molecules” that can then be used to make other materials. It’s early days for this idea but, in principle, it could open up a whole range of opportunities.

Spotlight

The global petrochemicals market is expected to register a CAGR of 8.06% to reach around USD 943.5 billion by the end of 2023. Petrochemicals is a complex . A new report by Transparency Market Research predicts that the global petrochemical marke.


Other News
CHEMICAL TECHNOLOGY

Imperial advances renewable diesel plans, awards hydrogen contract to Air Products

Imperial Oil Limited | September 07, 2022

Imperial announced a long-term contract with Air Products to supply low-carbon hydrogen for Imperial’s proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta. Air Products will provide pipeline supply from its hydrogen plant under construction in Edmonton. “Our agreement with Air Products is an important milestone as we progress plans to build the largest renewable diesel manufacturing facility in Canada. This project highlights Imperial’s commitment to investing in a lower carbon future. We continue to progress discussions with our business partners and governments as we work toward a final investment decision in the months ahead.” Jon Wetmore, Imperial’s vice president of downstream Imperial will use Air Products’ low-carbon hydrogen to produce renewable diesel at Strathcona that substantially reduces greenhouse gas emissions relative to conventional production. The hydrogen and biofeedstock will be combined with a proprietary catalyst to produce premium low-carbon diesel fuel. Air Products is increasing overall investment in its Edmonton hydrogen facility to CAD $1.6 billion to support the Imperial contract. The additional investment by Air Products will be used to facilitate integration with Imperial’s proposed project that is expected to enable further significant emissions reductions at Air Products’ overall complex. Air Products will supply Strathcona with approximately 50 percent of the low-carbon hydrogen output from the 165 million standard cubic feet per day hydrogen production complex. “There is significant demand for low-carbon hydrogen, and as a first-mover, Air Products is ready to meet that demand from our Alberta Blue Hydrogen Hub,” said Dr. Samir J. Serhan, chief operating officer at Air Products. “Canada is rapidly implementing an energy transition that emphasizes the use of low-carbon hydrogen, and Air Products is demonstrating that world-scale hydrogen facilities can be net-zero for carbon emissions. We continue to set the stage for a competitive, low-carbon-intensity hydrogen network, which includes increasing liquid hydrogen production capacity at our site to 35 metric tonnes per day, to provide clean hydrogen for the growing industrial and mobility markets across Canada.” Imperial’s renewable diesel complex is expected to produce more than 1 billion litres per year of renewable diesel from locally sourced feedstocks. First announced in August 2021, the project is anticipated to realize about 3 million tonnes per year in emissions reductions in the Canadian transportation sector, which is estimated to be the equivalent to taking more than 650,000 vehicles off the road annually. The project is projected to create about 600 direct construction jobs, along with hundreds more through investments by business partners. Third-party studies have shown renewable diesel from various non-petroleum feedstocks can provide life-cycle greenhouse gas emissions reductions of approximately 40 to 80 percent as compared to petroleum-based diesel. About Imperial Oil Limited After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business. About Air Products Air Products is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition. The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of over $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world.

Read More

CHEMICAL MANAGEMENT

BLUE WATER PETROLEUM CORP ACQUIRES 160 ACRE FACILITY IN LITTLE SMOKY, ALBERTA, CANADA

Blue Water Petroleum Corp. | July 26, 2022

Blue Water Petroleum Corp announces that it has acquired 160 contiguous acres in Little Smoky, Alberta, Canada. The property is currently being used as a testbed and eventually will become a full-service facility for Blue Water. The facility processes oilfield wastewater using its licensed technology, into water that can be released into the environment and used for farming purposes; all in compliance with the Alberta Energy Regulator’s guidelines. Blue Water has partnered with Hawkridge Water Solutions Inc. and as of July 25th 2022, has exclusively licensed HWS’s wastewater and cavitation system and will be constructing a commercially operational facility on the Little Smoky, Alberta property. In these initial stages of the test, Blue Water receives deliveries of wastewater at the Little Smoky processing facility and is paid $8.00 CAD for each cubic meter it receives from its partner, Base Element Energy for the length of this pilot. The intent is to prove concept, scalability, and financial viability. Once the pilot is completed a Provisional Patent will be filed in North America. The raw produced water will be stored and measured according to all Alberta Energy Regulator guidelines on the Property location. The wastewater goes through three purification processes Firstly the gels, polymers are removed using the acid/base solution that is required to separate out the honeycomb structures. From that solution any hydrocarbons are released that can be recaptured. Secondly, water with no gels that could foul the membranes in a Reverse Osmosis process take the dissolved solids (mostly salts and chlorides) from the water. The backwash water is diluted with a Fresh Water tank and reintroduced back with the first process. Thirdly, the water goes through a smaller cavitation system and through mixing valves. We introduce outside air fed from an air compressor system at 150 psi, before flowing through the mixing valves in the cavitation chamber. This air oxygenates the water because of cavitation the water molecules are very small and accept the air structure as they are naturally attracted. Now water can be flowed to our test vegetation area with continuous testing prior to being released for local wildlife and grazing cattle. Our business strategy is to provide customized systems that are built to the customer’s specifications and can process 2500 m3 per unit in a 24 hour period. Systems of this capacity retail for approximately $2,000,000 CAD. About Blue Water Blue Water Petroleum Corp, is an upstream oil and gas investor and an environmental technology provider, with a proven executive and operations team who provides an attractive risk adjusted return for our shareholders and strategic partners. Our team and subsequent capital allocations are dedicated to acquiring high quality income producing predictable long-life oil and gas assets with a high percentage of proved developed producing reserves and the implementation of environmental solutions for the oil and gas sector.

Read More

CHEMICAL TECHNOLOGY

QunaSys co-hosts industry, government leaders for Pistoia Alliance Global Knowledge-Sharing virtual event

QunaSys Inc. | July 05, 2022

QunaSys, a global leader in the development of innovative quantum algorithms in chemistry and a Pistoia Alliance member company, will co-host the Pistoia Alliance Global Knowledge-Sharing event held on July 7, which will bring together scientific, business and government leaders from Japan and around the world to improve innovation in health and the life sciences. The Pistoia Alliance is a global, not-for-profit alliance that works to lower barriers to innovation in life science and healthcare R&D. The Alliance has organized these webinars to provide specific examples of where its pre-competitive collaboration model of shared-risk and shared-reward can bring value and support to improve life sciences and health through science and innovation. Quantum computing is one of the technologies that is positioned to make dramatic improvements in the fields of health and the life sciences, particularly in the field of pharma. QunaSys CEO and co-founder Tennin Yan will discuss emerging use cases and how quantum is poised to impact the future of pharma R&D. He will participate on the future of pharma R&D panel discussion, which will be facilitated by John Bolger, CEO of Matador, a Pistoia Alliance member company, along with industry experts from Daiichi Sankyo, Preferred Networks and Mitsubishi Tanabe Pharma Corporation and the Pistoia Alliance. About QunaSys Inc. QunaSys is the world's leading developer of innovative algorithms in chemistry focused on accelerating the development of quantum technology applicability. QunaSys enables maximization of the power of quantum computing through its advanced joint research that addresses cutting-edge technologies providing Qamuy™, the most powerful quantum chemical calculation cloud software; fostering development of collaboration through QPARC industry consortium; and working with research institutions from academia and government. QunaSys software runs on multiple technology platforms with applicability in all chemical related industries to boost quantum computing adoption.

Read More

CHEMICAL TECHNOLOGY

Twelve to Deploy World’s First Industrial-Scale Carbon Transformation Platform

Twelve | July 04, 2022

Twelve, the carbon transformation company, is announcing $130 million in Series B and additional funding to scale the engineering, manufacturing, and deployment of its industrial-scale carbon transformation technology for the creation of a wide range of products with a lower carbon footprint. Twelve’s carbon transformation technology converts captured CO2 into products historically made from fossil fuels. According to research from Columbia’s SIPA Center on Global Energy Policy, replacing fossil feedstocks in the production of chemicals, materials, and fuels with renewable carbon from point source or direct air capture could avoid nearly 10 percent of global greenhouse gas emissions. Twelve is currently transforming emissions into products for the automotive, household and apparel industries, as well as for government entities and global technology companies, by replacing petrochemicals and fossil-based transportation fuels with CO2Made® materials and carbon-neutral fuels like E-JetⓇ. “Companies and governments no longer need to rely on fossil fuels for the carbon that goes into everything from apparel and cleaning products to electronics and jet fuel. This fresh funding ensures we can reach industrial scale to help new and existing partners achieve rapid emissions-reduction.” Twelve Co-Founder and CEO Nicholas Flanders Twelve’s partners include Mercedes-Benz, Procter & Gamble, Shopify, the U.S. National Aeronautics and Space Administrationand the U.S. Air Force, all of which use Twelve’s breakthrough carbon transformation technology to reduce emissions and create CO2Made products. “As more companies and organizations adopt carbon-neutrality targets, they urgently need technologies like Twelve’s to rapidly green supply chains and corporate travel to reduce emissions at scale,” said Zachary Bogue, Managing Partner, DCVC. “Since leading Twelve’s seed round in 2018, we’ve only become more confident that their technology offers businesses a critical solution for not just offsetting emissions, but eliminating them.” The new funding follows Twelve’s first commercial products, a line of CO2Made sunglasses with sustainable fashion brand PANGAIA, and carbon-neutral sustainable aviation fuel (SAF), E-Jet. Twelve was recently recognized by Fast Company as the world’s #1 most innovative energy company of 2022 and as a BloombergNEF Pioneer in the Decarbonizing Aviation category. “Delivering low-carbon sustainable products consumers desire will require scaling innovative solutions such as Twelve’s carbon transformation technology.” said Todd Cline, Senior Director of Sustainability, for Procter & Gamble Fabric Care. “We’re glad to see Twelve given the opportunity to expand their opportunity to impact a broad variety of sustainable consumer products enabled by their technology.” “Twelve has the potential to disrupt petrochemical supply chains by creating a wide range of materials from carbon emissions instead of fossil fuels,” said Udo Gayer, Manager of New Business in Production Planning at Mercedes-Benz Cars. “The potential impact of their technology is immense, and I’m glad to see them receive the funding to continue scaling their technology.” DCVC led Twelve’s Series B financing, with participation from Series A lead investors Capricorn Technology Impact Fund and Carbon Direct Capital Management. Breakout Ventures, Munich Re Ventures, Elementum Ventures, and Microsoft Climate Innovation Fund also participated. In addition, Twelve secured a Series B and strategic program investment from the Chan Zuckerberg Initiative (CZI). “Carbon transformation has the potential to turn CO2 from a harmful waste stream into useful products for the global economy,” said Jonathan Goldberg, CEO of Carbon Direct. "With the costs of carbon capture, renewables and electrolyzers continuing to fall, Twelve’s technology stands to play a crucial role in decarbonizing some of the hardest-to-abate industries.” To help drive Twelve’s industrial scaleup, the company just announced additions of key industry veterans to its leadership team: Anne Roby, Independent Board Director and former Linde executive; David Frank, Chief Productization Officer and former Cummins director; and Ram Ramprasad, Chief Commercial Officer and former Linde executive. About Twelve Twelve is the carbon transformation company, a new kind of chemical company built for the climate era. We make essential products from air, not oil. Our groundbreaking technology eliminates emissions by transforming CO2 into critical chemicals, materials and fuels that today are made from fossil fuels. We call it carbon transformation, and it fundamentally changes how we can address climate change, reduce emissions and reverse the carbon imbalance. Reinventing what it means to be a chemical company, we’re on a mission to create a climate positive world and a fossil free future through the power of chemistry.

Read More

Spotlight

The global petrochemicals market is expected to register a CAGR of 8.06% to reach around USD 943.5 billion by the end of 2023. Petrochemicals is a complex . A new report by Transparency Market Research predicts that the global petrochemical marke.

Resources