CHEMICAL MANAGEMENT

Oberon Fuels Joins International Trade Associations

Oberon Fuels | July 01, 2022 | Read time : 1 min

Oberon Fuels
Oberon Fuels a maker of products that reduce greenhouse gas emissions of major energy sectors, has joined both the World Biogas Association and Liquid Gas Europe as Oberon continues to build upon its work in Europe and around the world.

Oberon has developed a straightforward ‘here-now’ way to slash the CO2 emissions of the global Liquefied Petroleum Gas industry through the production of renewable dimethyl ether. Because rDME can be stored, transported and dispensed using existing LPG vehicles and equipment, it can be readily blended with fossil LPG to reduce carbon emissions by up to 60 percent. The intersection between rDME made from biogas and the LPG industry is a key reason for Oberon to join these trade associations.

The EU consumes about 48 billion liters of LPG per year, of which an estimated 3.8 billion liters (1 billion gallons) are imported from Russia. Oberon Fuels can enable European countries to produce fuels from local renewable biomass with no indirect land use impacts while reducing the need to import foreign energy resources. To help meet the goals of the EU Green Deal, the EU market is ready for new approaches to decarbonizing a range of major uses including transport, heating and agriculture.

Oberon’s interest in expanding into Europe and other global markets is intended to accelerate commercial adoption of rDME with near-term market trials leading to deployment of multiple commercial-scale production plants. Oberon already has strategic collaborations with leaders around the world including Suburban Propane (US) and South America-based Lipigas. Oberon executives were in Switzerland recently presenting at the International DME Association’s annual event, and company CEO Rebecca Boudreaux, Ph.D., spoke earlier today at the European Liquid Gas Congress event in Barcelona.

About Oberon Fuels
California-based Oberon Fuels is on a mission to decarbonize the fuel and energy sectors through the commercialization of renewable dimethyl ether. Oberon’s low or carbon-negative rDME can reduce the carbon intensity of propane by up to 60 percent when blended, offering potential reductions in global CO2 of 750 million metric tons per year. rDME’s characteristics also makes it a compelling means for transporting hydrogen for its myriad, fast-growing applications. 

Spotlight

This White Paper presents Commission proposals for a strategy on future chemicals policy in the Community with the overriding goal of sustainable development. Chemicals1 bring about benefits on which modern society is entirely dependent, for example, in food production, medicines, textiles, cars etc. They also make a vital contribution to the economic and social wellbeing of citizens in terms of trade and employment.


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CHEMICAL TECHNOLOGY,CHEMICAL MANAGEMENT

Redwood Logistics Partners with Cloverly to Enhance Carbon Emissions Management for Customers

Redwood Logistics | July 08, 2022

Redwood Logistics one of the fastest-growing supply chain and logistics companies in North America and innovators of the LPaaS, Logistics Platform as a Service model, today announced a partnership with Cloverly, an API-first Sustainability-as-a-Service solution that provides access to high-quality carbon credits to offset the impact of emissions from the transportation and logistics industry. The partnership with Cloverly supports the Redwood Hyperion sustainability solution, announced in June to help customers gain load-by-load visibility into their freight emissions. It enables carbon-neutral shipping initiatives by bringing together flexible access to data powered by the logistics integration platform RedwoodConnect™ and instant access to action through verified carbon credits via Cloverly. “The confluence between Redwood’s supply chain and Cloverly’s sustainability expertise was invaluable to us as we developed Redwood Hyperion as a high-quality carbon visibility and offset program,” said Michael Reed, Chief Product Officer at Redwood. “Shippers can’t act on what they can’t measure, and the Redwood Hyperion solution powered by Cloverly’s Sustainability-as-a-Service model allows our customers to reliably measure their freight emissions and offset them with carbon credits all in a single platform.” A carbon credit is a transferable instrument certified by governments and independent certification bodies that represents an emission reduction of one metric ton of CO2 or an equivalent amount of other Greenhouse Gases. Through Redwood Hyperion, powered by Cloverly’s marketplace, carbon emissions can be matched with a wide range of carbon credits, including blue carbon, forestry, biochar or, as close as possible, to the initial carbon-producing activity – whatever the main sustainability objective is for the shipper. “Climate action matters to customers, businesses and the planet we share, and we’re thrilled to partner with Redwood to pair emission visibility and reduction – reliably and programmatically. Cloverly supports every carbon-related goal with carbon credits that have co-benefits ranging from protecting biodiversity to improving education and health. Each credit is independently verified and vetted for maximum confidence in its impact.” Jason Rubottom, Chief Executive Officer of Cloverly Redwood Hyperion is the leading product of Redwood’s sustainability suite, Redwood’s initiative to support customers in minimizing their carbon footprint to create a greener and more resilient supply chain. “Redwood is focused on taking steps to achieve customers’ sustainability goals; all while improving efficiency and minimizing costs,“ added Reed. “The full suite of services is designed to help customers implement green initiatives by providing visibility first, followed by a balanced approach of reduction techniques and strategies with a combination of carbon offsets.” About Redwood Logistics Redwood Logistics, a leading logistics platform company, headquartered in Chicago, has provided solutions for moving and managing freight for more than 20 years. The company’s diverse portfolio includes digital freight brokerage, flexible freight management and logistics consulting, all wrapped into a revolutionary logistics and technology delivery model—Logistics Platform as a Service (LPaaS). LPaaS utilizes an open platform for digital logistics that empowers shippers to seamlessly mix-and-match partners, technologies and solutions into their own unique digital supply chain fingerprint. Redwood connects a wide range of customers to the power of supply chain management, technology and the industry’s brightest minds. About Cloverly Cloverly is a technology-based carbon credit marketplace in the Voluntary Carbon Market. Its API enables businesses to programmatically utilize carbon removal credits for their unavoidable emissions and customer-facing solutions. Digital products that use Cloverly help build customer awareness while contributing to climate change mitigation.

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CHEMICAL MANAGEMENT

Lummus Technology Launches Next Generation of Breech-Lock High-Pressure Heat Exchanger Closure

Lummus Technology, LLC | June 18, 2022

Lummus Technology, a global provider of process technologies and value-driven solutions, announced the launch of its Polaris™ breech-lock closure, a new technological upgrade applicable to its high-pressure heat exchanger equipment. This advanced design of breech-lock closure provides a host of operational benefits including safe, reliable and secure sealing under all conditions, a simplified assembly and easier maintenance. "The Polaris breech-lock heat exchanger exemplifies our dedication to deliver innovation and operational performance for customers requiring new or retrofitted heat exchangers. The new closure system allows for a wider range of operating conditions, increased unit sizes and capacities and reduces shut down times due to ease of use, while delivering the high reliability and safety our customers expect from Lummus." Rutger Theunissen, Chief Business Officer of Services and Supplies, Lummus Technology To preview this technology and its benefits, Lummus will participate in a live webcast hosted by Hydrocarbon Processing on Tuesday, June 21, 10:00 a.m. to 11:00 a.m. CDT. You can attend the webcast by registering here. The Polaris breech-lock design incorporates two new advanced features that elevate its performance above traditional breech-lock closures under today's stringent operational environments. The ProSeal™ system, a new gasket loading design, requires no internal split ring, flange or bolts for simplified fabrication, assembly and disassembly. The load to the seal is efficiently distributed and maintained under a wider range of operating conditions. The ProSeal system further protects the components from damage and deformation caused by plant upsets and differential thermal expansion. Complementing the new sealing system is the ProLock™ closure system, an advanced securing mechanism using a special appliance that is simpler and safer to operate. The design allows easy access to all threads for maintenance, lubrication and repair, and significantly reduces the time when inserting and removing the closing plug. High-pressure exchangers with breech-lock or screw-plug type closures are used in the hydroprocessing industry, primarily for hydrocracking, hydrotreating, lube oil, slurry and residue upgrade processing. Applications include use in reactor feeds and effluent exchangers, recycle gas exchangers, effluent recovery and gas recovery exchangers and other applications in gas compression and fertilizer processes. Lummus Technology has supplied heat transfer equipment to the process and power industries worldwide for more than 75 years. Specializing in heat transfer systems for critical process environments, Lummus has produced industry leading technology for fired heaters, including the SRT™ pyrolysis furnace, and heat exchangers, including the HELIXCHANGER™ heat exchanger and LABLEX™ Lummus advanced breech-lock exchanger. About Lummus Technology Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide.

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CHEMICAL MANAGEMENT

Capra Biosciences Raises $1.8M in Pre-Seed Round for Renewable Chemical Innovations

Capra Biosciences | June 07, 2022

Capra Biosciences officially announced it has raised $1.8 million in an oversubscribed pre-seed funding round to advance their continuous-flow bioreactor technology, which changes the economics of making sustainable petrochemical replacements using biology. Capra will use the funding to build their production-scale reactor and extend its capabilities to include the production of lubricants. Located in the Prince William Science Accelerator, the company works at the intersection of biology and hardware engineering to build a new kind of continuous flow bioreactor that leverages the unique features of their platform organism. Capra Biosciences emerged from the competitive IndieBio program backed by SOSV. Pre-seed investors include Prithvi Ventures; the E14 Fund; GS Futures; Antimo’s president – Wes Osbourn; Savantus Ventures; Asymmetry Ventures; the Decarbonization Consortium; and SOSV, among others. "Reaching this funding milestone is important because our production-scale reactor is modular. Much like a data center’s capacity grows as it adds individual hard drives, our platform’s ability to produce chemicals at scale grows with each bioreactor we add. This enables us to avoid many of the scale-up challenges experienced in traditional bioreactors. The funding allows us to move quickly into our production scale bioreactor." Dr. Andrew Magyar, Capra’s co-founder and chief technology officer "Capra Biosciences is the kind of bioscience success story the Prince William Science Accelerator was built to grow,” said Christina Winn, executive director, Prince William County Department of Economic Development. “Congratulations on a tremendous pre-seed raise and we look forward to supporting Capra through their future expansions!" Capra’s first product is retinol, a highly lucrative cosmetic ingredient used in anti-aging products. Capra’s novel approach to retinol production uses biology rather than fossil fuels for production, unlike other products currently on the market. The company is also pursuing several aviation and industrial lubricants for future production phases. Like retinol, the $150B lubricant market is closely linked to petrochemicals. Capra is breaking the link to fossil fuels and providing a cleaner, more sustainable path for lubricant production. The company makes renewable products using sources of carbon that don’t compete with food sources or divert undeveloped land towards agricultural production. "Even most climate-focused VCs haven’t thought about the massive, $150B lubricants market. But they should. 20% of the world’s energy is spent overcoming friction," said Po Bronson, managing director of IndieBio and General Partner at SOSV. “All motors and all moving parts need lubricants – from robots to spacecraft, to machines and elevators. The secret is that biology can make sophisticated compounds that petroleum chemistry cannot, enabling performance characteristics that make machines last longer.” Capra's co-founder and CEO, Dr. Elizabeth Onderko, invented the company’s bioreactor technology as a postdoctoral associate at the U.S. Naval Research Laboratory (NRL) along with her advisor Dr. Sarah Glaven, federal employee Dr. Matthew Yates, and Dr. Magyar. The Capra team continues to support the development of this technology to address Department of Defense needs through a cooperative research and development agreement (CRADA). "This partnership is a prime example for how fundamental research can be developed, matured, and successfully transitioned from NRL benchtop to commercial partner. The Technology Transfer Office often facilitates these types of efforts through various mechanisms which aim to incentivize businesses and bring forth investment capital," said Dr. Stephen Deese, NRL Partnership Manager. "We’re excited to make products that create a positive impact on the world, while simultaneously reducing carbon emissions," said Dr. Onderko. "Our production scale reactor empowers us to place samples of retinol, Capra’s first product, into customers hands for evaluation - our first step to decarbonizing the chemical industry. Next up we’re developing sustainable, high-performance lubricants and many other chemical products – allowing us to start reducing the more than three gigatons of greenhouse gas emissions from chemical manufacturing. The potential for our technology is massive, and we’re very thankful to our investors for sharing in our vision." About Capra Biosciences Capra Biosciences is venture-backed startup company focused on sustainable production of petrochemical replacements using their biofilm bioreactor platform. Capra Biosciences is located in Manassas, VA. About the U.S. Naval Research Laboratory NRL is a scientific and engineering command dedicated to research that drives innovative advances for the U.S. Navy and Marine Corps from the seafloor to space and in the information domain. NRL is located in Washington, D.C. with major field sites in Stennis Space Center, Mississippi; Key West, Florida; Monterey, California, and employs approximately 3,000 civilian scientists, engineers and support personnel. About the Prince William County Department of Economic Development The Prince William County Department of Economic Development offers services to support and promote existing business expansion and attract new businesses to PWC. For more information, the Department of Economic Development can be reached via email at econdev@pwcgov.org, via phone at 703-792-5500, or via fax at 703-792-5502.

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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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Spotlight

This White Paper presents Commission proposals for a strategy on future chemicals policy in the Community with the overriding goal of sustainable development. Chemicals1 bring about benefits on which modern society is entirely dependent, for example, in food production, medicines, textiles, cars etc. They also make a vital contribution to the economic and social wellbeing of citizens in terms of trade and employment.

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