NANOPARTICLES POWERED BY LIGHT AIM TO REDUCE CHEMICAL INDUSTRY'S CARBON FOOTPRINT

Firstpost | January 13, 2020

The carbon footprint in the chemical industry is likely to reduce as engineers from Rice University have invented a light-powered nanoparticle to help the cause. They are tiny spheres of copper dotted with single atoms of ruthenium, is the prime ingredient in composing a green process for developing synthesis gas, commonly known as syngas, the valuable chemical feedstock generally used to make fertilizer, fuels, and many other products. Researchers from Rice, UCLA and the University of California, Santa Barbara (UCSB), describe the low-energy, low-temperature syngas production process this week in "Syngas can be made in many ways, but one of those, methane dry reforming, is increasingly important because the chemical inputs are methane and carbon dioxide, two potent and problematic greenhouse gases," said Rice chemist and engineer Naomi Halas, a co-corresponding author on the paper.

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Billiard balls were originally made of ivory, but the endangerment of elephants led to the creation of a $10,000 prize to find an alternative material.


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CHEMICAL MANAGEMENT

Hexagon successfully acquires 40 percent stake in Cryoshelter, unlocking new opportunities for Hexagon Agility and Hexagon Purus

Hexagon Agility | August 02, 2022

On 21 April 2022 Hexagon Composites and Hexagon Purus announced that it signed an agreement to acquire a 40% stake in Cryoshelter GmbH, an Austria based company specialized in the development of cryogenic tank technology for liquid natural gas and liquid hydrogen. Hexagon is pleased to announce that the transaction has been successfully completed, and Hexagon Composites now owns 40% of Cryoshelter's LNG/RLNG business, with options to buy remaining interests over the next 3-10 years. Hexagon Purus has also completed the acquisition of its previously announced 40% stake in Cryoshelter’s LH2 business. The Hexagon Group today provides compressed natural gas including renewable natural gas (RNG), compressed hydrogen and battery-electric systems as part of its portfolio of clean fuel vehicle solutions. Liquid storage of (renewable) natural gas and hydrogen will add a new dimension to its existing offering, complementing its portfolio and unlocking new opportunities for Hexagon Agility and Hexagon Purus, respectively. Commercializing and Industrializing Cryoshelter Tanks The Hexagon and Cryoshelter partnership will accelerate Cryoshelter’s existing LNG/RLNG technology and production capability and use the LNG technology platform to further develop LH2 solutions for the heavy-duty transportation sector. “Cryoshelter’s disruptive technology will further strengthen our efforts to drive decarbonization of heavy-duty vehicles, with a special emphasis on the European market where clean, energy efficient cryogenic LNG/RLNG fuels are needed due to limited space on trucks,” says Seung Baik, President Hexagon Agility. “We are excited to be working together with Cryoshelter to further develop the technology and scale up the business over the coming years.” “The investment into Cryoshelter’s early phase LH2 tank technology brings expertise in LH2 tank technology for zero emission mobility applications and could potentially result in a future complementary offering to Hexagon Purus’ leading compressed hydrogen cylinder technology,” Morten Holum, CEO Hexagon Purus “We are excited to team up with Hexagon as they bring industrial expertise, a global presence and customer potential to escalate the scale up of our operations,” says Dr. Matthias Rebernik, CEO and Founder of Cryoshelter. “Hexagon’s investment into our company is proof of confidence in our state-of-the-art technology.” Cryoshelter is split into separate legal entities for the LNG/RLNG and LH2 businesses. Hexagon Agility and Hexagon Purus will take two seats each on the respective boards of Cryoshelter’s two businesses. Expanding clean fuel options for commercial trucks In contrast with North America, where compressed natural gas is the primary natural gas technology for long-haul trucking, LNG/RLNG has emerged as the leading natural gas alternative in Europe due to a significant infrastructure network, favorable cost position and preferred truck configuration. Over the last several years, the number of new LNG truck registrations and fueling stations have increased significantly, and higher growth is expected over the next decade as fleet operators are opting for readily available, cost competitive fuels with immediate emission saving potential such as biomethane (or RNG). In liquid form, natural gas has a higher energy density. Cryoshelter’s technology will leverage this energy density to better utilize vehicle frame rail space and provide a driving range that is comparable to diesel. Supported by European legislation, it is expected that renewable natural gas, alongside battery-electric and fuel cell-electric technologies will play a key role in the efforts to decarbonize the commercial transportation sector in Europe. Liquid hydrogen, a compelling future alternative Hydrogen is gathering strong momentum as a key energy transition pillar towards zero emission, and is underpinned by a global shift of regulators, investors, and consumers increasingly focused on decarbonization. It has become clear that hydrogen will play a key role in decarbonizing “hard to abate” sectors. Liquid hydrogen storage technology can offer higher energy density compared to compressed hydrogen storage, and in space and/or payload-constrained applications, such as certain heavy-duty trucking applications, shipping, commercial aviation, and aerospace, it could be a compelling future alternative.

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CHEMICAL MANAGEMENT

EnergySource Minerals Selected by Compass Minerals as Direct Lithium Extraction Technology Provider

EnergySource Minerals | September 15, 2022

EnergySource Minerals announced that its proprietary ILiAD ™ lithium brine technology platform has been selected as the technology provider for Compass Minerals a leading global provider of essential minerals. The technology was chosen for its superiority in lithium recovery, magnesium rejection, minimized environmental impact and commercial readiness. EnergySource's ILiAD platform technology has been selected for use on phase one of Compass Minerals' 2.4 mMT lithium carbonate equivalent resource on the Great Salt Lake in Utah. Phase one of development is expected to be located on the east side of the Great Salt Lake where a significant portion of the company's existing infrastructure is located. "Our selection of ESM is the result of a comprehensive, competitive process, and we are excited to forge ahead on our lithium development with their team as a trusted provider. Our multi-year assessment was focused on matching the right technology with our specific lithium brine resource – and we are confident we've done just that with this provider selection." Chris Yandell, head of lithium for Compass Minerals Following three years of extensive research and piloting of multiple DLE technologies and providers, Compass Minerals' analysis showed EnergySource Minerals' proprietary ILiAD adsorption technology proved to be the most successful in processing Compass Minerals' brine resource across four key combined assessment categories: lithium recovery; magnesium rejection; minimized environmental impact; and commercial readiness. "Compass Minerals has done extensive due diligence as it works to join the domestic battery metals supply chain to help meet the US automotive industry's need for clean and sustainable lithium," noted Eric Spomer, CEO of EnergySource Minerals. "We look forward to producing with the Compass Minerals team and supporting their operations as they enter the market with a cost-competitive, battery-grade lithium product by 2025." "While we are happy with the results of our partners' research and pilot testing, we are not surprised by the outcome. It confirms the commercial viability of ILiAD's lithium extraction technology. Through our own extensive testing program on a range of brines from around the world, we have seen ILiAD deliver outstanding results across the full range of lithium-bearing brines. Our approach leverages over 40 plus years of industry leadership within our team," added Spomer. "We are thrilled to see ILiAD get its footing in world-wide operations and applications." EnergySource Minerals developed the ILiAD technology for its lithium extraction operation at the John L. Featherstone Geothermal Power Plant in the Salton Sea, currently under development. The platform maximizes lithium extraction from brines in a closed-loop environment, delivering significant reduction in time, cost, and environmental impact compared with alternative methods. ILiAD is considered best-in-class among direct lithium extraction technologies and is commercially ready and being deployed today. The technology dramatically reduces the water footprint of operations, does not consume reagents, demonstrates order-of-magnitude longer operating life and the highest lithium recovery rates. EnergySouce Minerals has tested the technology platform on a variety of brines and is ready to be rapidly deployed at a global scale. "As the world transitions to a clean energy economy, lithium demand is increasing dramatically," said Dr. David Deak, of EnergySouce Minerals. "Currently, lithium extraction has a high environmental cost, and is produced from a limited range of geographies. A technology change is required to enable a broader, more sustainable resource base. ILiAD is that technology." About EnergySource Minerals EnergySource Minerals is a privately held company leading the development of Project ATLiS—a premier lithium project located in Imperial County, California, United States—as well as the ILiAD technology platform, which is being developed and deployed to lithium operations worldwide. Schlumberger New Energy and TechMet Ltd. have equity interest in EnergySource Minerals. About Compass Minerals Compass Minerals is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature's challenges for customers and communities. The company's salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial, chemical and agricultural applications. Its plant nutrition products help improve the quality and yield of crops, while supporting sustainable agriculture. Additionally, the company is pursuing development of a sustainable lithium brine resource to support the North American battery market and is a minority owner of Fortress North America, a next-generation fire retardant company. Compass Minerals operates 12 production and packaging facilities with nearly 2,000 employees throughout the U.S., Canada and the U.K.

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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.

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CHEMICAL MANAGEMENT

Carbon Capture & Removal Solutions Provider, Svante, Responds to the US’s New Inflation Reduction Act

Svante | August 18, 2022

The following is an official statement about the US’s enactment of the Inflation Reduction Act, made by Claude Letourneau, President and CEO of leading Canadian carbon capture and removal solutions provider, Svante. The US’s Inflation Reduction Act, signed into law on Tuesday by President Biden, is a monumental bill that truly demonstrates America’s commitment to climate action and a way to monetize CO2 emissions to develop a viable carbon management industry. The US is the second largest emitter of CO2 after China, and the Inflation Reduction Act will play an essential role in helping the US and the world reach its net-zero emissions goals by 2050. Atmospheric CO2 continues to rise to unprecedented levels due to human activities. We continue to emit more CO2 than our natural resources like oceans and trees can handle. This imbalance is cited to be approximately 18 gigatons per year. According to the US Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator, that’s equal to the CO2 emitted from driving 3.8 billion gasoline powered cars for a year, which amounts to a lot of CO2 that can’t be absorbed by our natural environment. To fix this imbalance and reach net zero, the world needs several engineered solutions to avoid and manage carbon emissions on a global scale. This can be done through capturing carbon at the source of emission (point source) and through the removal of legacy carbon via direct air capture (DAC), as well as bio capture. Carbon management engineered solutions, like Svante’s, along with other tools in the toolbox such as renewables, electrification of vehicles, and hydrogen, are integral in the fight against climate change. According to the recent IRENA report, around 37 gigatons per year of CO2 emissions need to be mitigated which will cost a total of $120 trillion US dollars. Carbon capture and removal represents 2% of the total cost and will deliver 20% of the emissions mitigations benefit … it’s the ‘best bang for your buck’. Carbon is deeply embedded into the global economy. CO2 is emitted when making steel, cement, hydrogen, energy, and important infrastructure. These products that we all enjoy are created with CO2 emissions, and it is impossible, today, to halt all production of these commodities. Because of this, and because we must act quickly, the world needs to capture CO2 from industrial emissions and safely store it underground or use it to make other products. Without carbon capture, utilization and storage (CCUS), the world will not reach net zero by midcentury, and legislation such as the US’s 45Q Tax Credit enhancements will help propel our industry forward, enabling us to rapidly deploy CCUS projects at gigaton scale. To effectively capture the CO2 currently being emitted into the atmosphere, the world needs to have 10,000 capture plants running over the next 30 years, or two plants a week in the next decade, at a cost of approximately $250 million per plant. The cost of capturing CO2 today is approximately $50/tonne for point source capture and $350/tonne for direct air capture. The storage portion, in which a storage company transports and stores CO2 safely underground, costs around $10-$30/tonne, depending on the provider. This brings the cost of carbon capture and storage to around $70 to $80 per tonne — that’s $20-$30 more than what 45Q was originally offering. The US’s Inflation Reduction Act, signed into law this week by President Biden, enhanced 45Q, offering companies $85/tonne for point source and $180/tonne for DAC. This is impactful and will drive the investment required to bring mass commercial scale projects to financial investment decision (FID). About Svante Svante is an original equipment manufacturer and technology provider of carbon capture and removal solutions that offers companies in heavy-emitting industries a commercially viable way to capture and remove carbon emissions. The carbon we capture is then concentrated to pipeline grade at >95% purity, which can be safely transported and stored underground or used for further industrial use in a closed loop.

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