CHEMICAL TECHNOLOGY

Johnson Matthey launches new Low Carbon Solutions offering to reduce syngas carbon emissions by up to 95%

Johnson Matthey | June 22, 2022

Johnson Matthey
Johnson Matthey a global leader in syngas production technologies, launches CLEANPACETM, a suite of ready-now technologies to retrofit existing grey hydrogen and methanol assets and reduce carbon emissions by up to 95%. Working together, JM is integrating its established Advanced ReformingTM technologies with leading pre-combustion CO2 capture providers, to deliver cost effective decarbonisation solutions. CLEANPACE will allow producers across the syngas value chain to retrofit existing assets resulting in significant and sustained carbon emissions reductions.

JM's CLEANPACE retrofit technologies enable CO2 reductions of up to 95% at a low upfront cost and minimized plot space versus competing options, while providing tailored benefits to further futureproof existing plants. With hundreds of mid to world scale syngas production plants in operation, many of which are less than 20 years old and still being depreciated, operators are able to retrofit their existing assets with CLEANPACE solutions and begin decarbonizing today.

Industrial sectors are ramping up efforts to reduce their greenhouse gas emissions, particularly from hard-to-abate sources, with syngas producers responsible for approximately 70% of CO2 emissions in the chemicals sector. The opportunity for JM's Low Carbon Solutions is to reduce CO2 emissions by over 100 million tonnes per year by 2030 from grey hydrogen production in Europe and North America alone, which represents 150-200 projects with an addressable market of £1-2 billion.

"The need for chemicals companies to decarbonise their existing facilities is well recognised and Johnson Matthey's CLEANPACE technology solutions are ready now for deployment by companies who are making progress on this path."

Jane Toogood, Catalyst Technologies Chief Executive at JM

Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers' products. Our science has a global impact in areas such as low emission transport, energy, chemical processing and making the most efficient use of the planet's natural resources. Today about 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us.

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CHEMICAL TECHNOLOGY

CRUCIAL BREAKTHROUGH IN HYDROGEN ENERGY GENERATION, STORAGE AND TRANSPORTATION ANNOUNCED

EPRO Advance Technology Limited | July 18, 2022

Renewable energy company – EPRO Advance Technology has announced a breakthrough in green hydrogen energy generation and energy storage, revealing what is believed to be the easiest and lowest cost way to deliver hydrogen that the world has seen. This revolutionary process has the potential to kick start the hydrogen economy, bringing it forward by decades, transforming hydrogen from the fuel of the future to the fuel of tomorrow. EAT has developed a ground-breaking porous silicon material – called Si+ – which can generate, on demand, ultra-pure hydrogen from a water source. Si+ can also act as a solid-state hydrogen generating material which is compact, robust and easily transportable. It has the potential to solve the significant challenges of the storage, safe handling and transportation of hydrogen, long-standing inhibitors of the growth of the hydrogen economy. As a guaranteed source of safe, on-demand energy, Si+ has multiple uses. It can facilitate the phasing out of expensive and polluting backup diesel generator sets – known as "gensets." Si+ is an ideal replacement for marine fuel oil – due to be phased out next year – and offers a thermal energy storage solution through exothermic heat that is released during the Si+ hydrogen generation reaction. Si+ will support the mass roll-out of hydrogen fuel cell electric vehicles and hydrogen-powered flights. Si+ hydrogen refuelling stations generating on-demand hydrogen locally can share the footprint of existing fuel stations, reducing capital and operational expenditure. "Si+ facilitates a guaranteed form of energy when compared with renewable energy, which is often intermittent. It's the first distributable energy storage material of grid parity. Si+ technology has the potential to bring forward the hydrogen economy by decades." Albert Lau, CEO of EAT During a webcast, Mr Lau demonstrated how Si+ can generate hydrogen from a water source. "You could compare the inert vacuum-packed Si+ cartridges to those coffee machine pods and capsules, just add water and release the product!" he said. The production process consumes underutilized electricity, emitting no greenhouse gases. The raw material is metallurgical silicon, which can be sourced from sand together with a carbon source, or from recycled silicon from broken or end-of-life solar panels otherwise destined for landfill.

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CHEMICAL TECHNOLOGY

Chemours Announces Participation in Versogen’s Development of Clean Hydrogen Technology

Chemours Company | May 12, 2022

The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced its participation in a fundraising for Wilmington, Delaware-based Versogen Inc., a leader in developing anion exchange membrane technology for use in hydrogen production. Founded by University of Delaware professor Yushan Yan, Versogen’s AEM technology offers a reliable and affordable way to produce green hydrogen at scale. Green hydrogen is the most promising alternative fuel to reduce greenhouse gas emissions in transportation and other industries that primarily rely on fossil fuels. When produced through water electrolysis and powered by renewable energy, large amounts of green hydrogen can be made while generating zero emissions. This process is essential to the clean energy transition and meeting global decarbonization goals. “Chemours is passionate about the potential of the hydrogen economy and our role in it, and we're constantly looking for opportunities to accelerate innovation and new technologies for clean energy. We’re excited to participate in Versogen to help power their continued scale-up and to have the opportunity to collaborate with a start-up in our backyard to understand better the synergies between AEM technology and our Nafion™ ion exchange membranes in green hydrogen production.” Denise Dignam, President, Advanced Performance Materials for Chemours As part of Chemours’ commitment to innovative and responsible chemistry that enables the sustainable products of the future, we are collaborating across the value chain to deliver advanced solutions that solve some of our customers’ and partners’ biggest challenges. As part of those efforts, Chemours is also a steering member of the Hydrogen Council and joined Hydrogen Europe and the European Clean Hydrogen Alliance to help realize the potential of hydrogen’s role in the global energy transition. About The Chemours Company The Chemours Company is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials 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.

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CHEMICAL MANAGEMENT

Aer Lingus Enters into New Fuel Sales Agreement with Gevo for 6.3 Million Gallons of Sustainable Aviation Fuel Per Year Over Five Years

Gevo, Inc. | July 14, 2022

Gevo, Inc. is pleased to announce a new fuel sales agreement with Aer Lingus, which is owned by International Airlines Group. The Agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel for five years from Gevo’s future commercial operations. Aer Lingus expects to commence fuelling its aircraft with SAF from Gevo in 2026. The expected value for the Agreement is deemed to be $173 million, inclusive of the value from environmental benefits for Gevo. Aer Lingus, the Irish flag carrier is committed to a lower-carbon future. As part of International Airlines Group Aer Lingus has pledged to achieve net-zero carbon emissions by 2050 and has committed to powering 10% of its flights using sustainable aviation fuel by 2030. The introduction of SAF as a renewable fuel source is instrumental for the airline in realizing its ambitions. Gevo expects to continue to pursue its stated goal of producing and commercializing one billion gallons of SAF by 2030. By using the Argonne GREET model to provide a lifecycle inventory of carbon, Gevo has a business model designed to reduce greenhouse-gas emissions to net-zero over the entire lifecycle of each gallon of advanced renewable fuel, including its SAF, and that includes the emissions resulting from burning the fuel in engines to power transportation. The agreement with Aer Lingus further increases Gevo’s global impact by adding to its range of airline partners. “Gevo’s sustainable aviation fuel delivers renewable energy to a transportation sector that is actively seeking to reduce its carbon intensity. Because our fuel is fungible and drop-in ready, it’s expected to have an immediate impact to help our partner airlines achieve their sustainability targets ahead of schedule.” Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer In addition to its investment in SAF, a critical focus of Aer Lingus’ sustainability program is the modernization of its fleet. In recent years the Irish flag carrier has invested in new generation, more fuel-efficient, aircraft such as Airbus A321neo. Aer Lingus plans to modernize further with A32neo aircraft and A321neo XLR. Speaking about fuel supply deal, Aer Lingus Chief Executive Officer, Lynne Embleton said, “This agreement with Gevo marks an exciting and critical step on our journey to net-zero carbon emissions and underlines our commitment to powering 10% of flights using sustainable aviation fuel by 2030. The sustainable aviation fuel produced by Gevo will be used to power our flights from Los Angeles and San Francisco and, from 2026, 50% of fuel purchased by Aer Lingus from California will be sustainable aviation fuel.” The Agreement with Aer Lingus is subject to certain conditions precedent, including Gevo developing, financing, and constructing one or more production facilities to produce the SAF contemplated by the Agreement. About Gevo Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business. About Aer Lingus Aer Lingus is the Irish flag carrier, founded in 1936. In summer 2022, Aer Lingus will operate over 100 routes, flying to over 71 direct routes and to 62 destinations from Ireland to the UK and Europe. The airline operates 16 transatlantic routes from Dublin, Shannon and Manchester UK to North America and the Caribbean. Aer Lingus is a 4-Star airline, awarded by Skytrax, the international air transport rating organisation. Aer Lingus is a member of International Airlines Group one of the world's largest airline groups.

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CHEMICAL TECHNOLOGY

Carbios, On, Patagonia, PUMA and Salomon Team up to Advance Circularity in the Textile Industry

Carbios | July 07, 2022

Carbios a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers, has signed an agreement with On, Patagonia, PUMA, and Salomon, to develop solutions that will enhance the recyclability and circularity of their products. An important element of the two-year deal will be to speed up the introduction of Carbios’ unique biorecycling technology, which constitutes a breakthrough for the textile industry. Carbios and the four companies will also research how products can be recycled, develop solutions to take-back worn polyester items, including sorting and dismantling technologies, and gather data on fiber-to-fiber recycling as well as circularity models. The challenge the four brands share, is that their ambitious sustainable development goals can only partially be met by conventional recycling technologies which mostly target bottle-to-fiber recycling. Future regulations will require more circularity in packaging and textile. Yet the market consensus is that there will soon be a shortage of PET bottles, as they will be used for circular production methods in the Food & Beverage Industry. Carbios’ innovative process constitutes a real technological breakthrough for the recycling of polyester fibers, which are widely used in apparel, footwear and sportswear, on their own or together with other fibers. PET polyester is the most important fiber for the textile industry with 52 MT produced, even surpassing cotton at 23MT1. The biorecycling process uses an enzyme capable of selectively extracting the polyester, recovering it to recreate a virgin fiber. This revolutionary technology makes it possible to recover the PET polyester present in all textile waste that cannot be recycled using traditional technologies. PET plastics and fibers are used to make everyday consumer goods such as bottles, packaging and textiles. Today, most PET is produced from fossil resources, then used and discarded according to a wasteful linear model. By creating a circular economy from used plastics and fibers, Carbios’ biorecycling technology offers a sustainable and more responsible solution. “This Consortium model has proved to be very efficient based on the success of the milestones previously achieved in packaging. We are very pleased to partner with these prestigious brands, On, Patagonia, PUMA, and Salomon. Our common goal is to contribute to reducing the environmental impact of the textile industry by offering an industrial solution to recycle polyester fibers and help our partners to meet their sustainable development goals.” Emmanuel Ladent, Chief Executive Officer of Carbios Adrianne Gilbride, Senior Sustainability Manager at On, noted “On is committed to becoming fully circular before the end of the decade. Our partnership with Carbios and the other consortium members is an important step towards enabling the industry to game-changing circular technologies at scale. Fiber-to-fiber recycling is a key building block in closing the loop within the textile and footwear industry". Natalie Banakis, Materials Innovation Engineer Patagonia, adds “At Patagonia we are actively using our business to “save the Home planet”. We are excited to partner with Carbios and the textile consortium to work collaboratively to reduce waste produced by textiles. The textile waste problem is bigger than one company or solution, and Patagonia is excited to be working in a new format to solve this problem.” Howard Williams, Director Global Innovation Apparel and Accessories at PUMA adds, ”As part of our Forever Better sustainability strategy, we aim to use 75% recycled polyester in our Apparel and Accessories by 2025. The partnership with Carbios and their innovative biorecycling methods offer a promising approach to reach our goals and make our industry as a whole more circular.” Olivier Mouzin, Footwear Sustainability Manager at Salomon, concludes, ”At Salomon, we provide advanced sports solutions for all the outdoor participants, from the elite to the enthusiasts. Therefore, it is a natural decision for us to join this consortium made up of clothing and footwear companies, as well as Carbios, to form a new organization for advancing textile recycling that will help create a sustainable future for all Outdoor players. Our goal in joining the consortium is to bring awareness to the end-of-life of textiles, with the ambition of establishing true circularity within the textile industry. The companies in the consortium aim to do this by discovering ways to recycle fibers from one product into another. Partnering with Carbios—a green chemistry leader offering a bio-recycling process that recycles apparel and footwear materials into thread for new products—better enables us to accomplish this goal.” About Carbios Established in 2011 by Truffle Capital, Carbios is a green chemistry company, developing biological and innovative processes. Through its unique approach of combining enzymes and plastics, Carbios aims to address new consumer expectations and the challenges of a broad ecological transition by taking up a major challenge of our time: plastic and textile pollution. About Patagonia Patagonia is a Certified Benefit Corporation based in Ventura, CA that is recognized internationally for product quality and environmental activism. Patagonia has contributed more than $145 million in grants and in-kind donations to date to grassroots nonprofits working to protect people and the planet. About PUMA PUMA is one of the world’s leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. For more than 70 years, PUMA has relentlessly pushed sport and culture forward by creating fast products for the world’s fastest athletes. PUMA offers performance and sport-inspired lifestyle products in categories such as Football, Running and Training, Basketball, Golf, and Motorsports. It collaborates with renowned designers and brands to bring sport influences into street culture and fashion. The PUMA Group owns the brands PUMA, Cobra Golf and stichd. The company distributes its products in more than 120 countries, employs about 16,000 people worldwide, and is headquartered in Herzogenaurach/Germany. About Salomon Born in the French Alps in 1947, Salomon is committed to pushing the boundaries of mountain sports through the creation of innovative equipment that allows people to play, progress and challenge themselves in their chosen outdoor sports. The company produces and sells premium footwear, winter sports and mountaineering equipment, hiking equipment, and apparel specifically designed for all those disciplines. Products are developed in the company’s Annecy Design Center, where engineers, designers and athletes collaborate to create innovative solutions that continually improve the outdoor experiences of those who see nature as a vast playground.

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