Sasol Lake Charles Chemical Complex update

Prnewswire | September 22, 2020

Hurricane Laura made landfall on 27 August 2020 near Sasol's Lake Charles Chemical Complex in Southwest Louisiana, and is one of the strongest hurricanes on record to hit the United States. Significant property and utility infrastructure damage has been experienced across the region. Sasol's more than 800 Lake Charles employees are safe; however, hundreds of employees have suffered significant damage to their homes and remain in temporary housing while utility restoration and repair work is in progress. Sasol is assisting employees with home preservation, essential supplies and financial aid. In addition Sasol is supporting the local authorities, utility partners and citizen groups in community and infrastructure recovery efforts.

Spotlight

Correspondingly, the SWC5 membrane exhibited the highest rejection of boric acid and all N-nitrosamines. Results reported here also showed that the rejection of these chemicals increased in the order of increasing molecular volume.


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CHEMICAL MANAGEMENT

Asahi Kasei to Start Providing Carbon Footprint Data for Synthetic Rubber and Elastomers

Asahi Kasei | May 13, 2022

Asahi Kasei, a diversified Japanese multinational company, has developed a system to calculate the carbon footprint of products for the synthetic rubber and elastomers products Asadene™, Tufdene™, Asaprene™, Tufprene™, Asaflex™, Tuftec™, and S.O.E.™ with CFP data provision to customers scheduled to begin in June 2022. CFP visualization is achieved utilizing the DEEP3 group-wide management infrastructure as a part of the System, which also enables examination of ways to further reduce CFP. The Asahi Kasei Group made efforts to strengthen the business platform for sustainable growth from the viewpoint of Green, Digital, and People in its previous medium-term management plan, Cs+ for Tomorrow 2021. In its new medium-term management plan, announced on April 11, 2022, Green Transformation is positioned as one of the key areas for strengthening the management foundation, and Asahi Kasei is advancing reductions of its own GHG emissions as well as contributions to reducing the world’s GHG emissions for the realization of carbon neutrality. Therefore, from the perspective of GHG emissions reduction, Asahi Kasei has sequentially advanced the calculation of CFP for each product starting with the main products, and information provision to certain customers has begun. As part of the effort to accelerate Green Transformation, Asahi Kasei has begun procuring butadiene derived from plastic waste and biomass as feedstock for solution-polymerized styrene-butadiene rubber a material for eco-friendly tires4. The System clarifies the CFP for each synthetic rubber and elastomer product, which allows customers to calculate their own CFP. This furthermore facilitates initiatives to reduce CFP throughout the supply chain as well as in society as a whole. As various regulations related to CFP such as carbon taxes are introduced, CFP data will continue to rise in importance. The System also allows various parameters of the CFP data such as span and scope to be tailored to meet the diverse needs of customers. In addition to using the System to visualize CFP, Asahi Kasei will continue to proactively strive toward the carbon neutrality of its synthetic rubber and elastomer products, including the use of sustainable feedstocks and green electricity, and efforts to obtain ISCC certification5. For the CFP calculation by the System, the Life Cycle Inventory database of “IDEAv2.3”, Inventory Database for Environmental Analysis, provided by Sustainable Management Promotion Organization and the emissions intensity database provided by the Japanese Ministry of the Environment are used. Data sources are scheduled to be extended. CFP is quantitatively calculated by combining the total GHG emissions from the entire life cycle of products and services, from raw material procurement to disposal and recycling, and then converting the figure into the equivalent amount of CO2. Asahi Kasei’s CFP calculation is based on “Cradle-to-Gate” assessment, which combines upstream emissions of materials and transportation, emissions from in-house manufacturing processes, and energy-related emissions such as electricity used during manufacturing. Please refer to the press release dated May 12, 2022: Asahi Kasei establishes group-wide data management infrastructure Please refer to the press release dated November 24, 2021: Asahi Kasei to produce solution-polymerized styrene-butadiene rubber using butadiene derived from plastic waste ISCC is an international certification system that offers solutions for the implementation and certification of waste and residue raw materials, non-bio renewables and recycled carbon materials and fuels. ISCC PLUS is a certification system that covers mainly bio-based carbon materials which are produced outside the EU and supplied globally, and to manage and ensure sustainable raw materials in the supply chain. About the Asahi Kasei Corporation The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 44,000 employees around the world, the company contributes to a sustainable society by providing solutions to the world's challenges through its three business sectors of Material, Homes, and Health Care. Its Materials sector, comprised of Environmental Solutions, Mobility & Industrial, and Life Innovation, includes a wide array of products from battery separators and biodegradable textiles to engineering plastics and sound solutions.

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CHEMICAL MANAGEMENT

Summit Carbon Solutions Advances in South Dakota

Summit Carbon Solutions | February 10, 2022

On the heels of submitting its pipeline permit application in Iowa in late January, Summit Carbon Solutions announced that it filed its pipeline permit application with the South Dakota Public Utilities Commission Monday. Summit's carbon capture and storage project will connect ethanol biorefineries across five states in the upper Midwest – Iowa, Minnesota, Nebraska, North Dakota, and South Dakota. Seven ethanol biorefineries in South Dakota have partnered with Summit along its approximately 469-mile route across the state. "Summit Carbon Solutions' project will benefit farmers across the state by maintaining a strong corn market while supporting ethanol producers. The project will also provide tax revenue for the counties along the route and help the environment," said Walt Wendland, CEO of Ringneck Energy, one of Summit Carbon Solutions' ethanol plant partners in South Dakota. By capturing and permanently storing carbon dioxide emissions from partner ethanol biorefineries, Summit Carbon Solutions will cut the carbon footprint of their ethanol in half, which will help ensure the long term environmental and economic sustainability of ethanol facilities in South Dakota. Ethanol plants purchase approximately half of the corn grown in South Dakota and represent a vital market for South Dakota farmers. "Summit Carbon Solutions will be transformational for the agriculture industry throughout South Dakota. Our team understands the challenges the agriculture and biofuels industries face year in and year out, and we're focused on working with producers to help improve their sustainability and position them well for decades to come." Bruce Rastetter, CEO of Summit Agricultural Group Summit Carbon Solutions seeks to lower greenhouse gas emissions by connecting industrial facilities via strategic infrastructure to store carbon dioxide safely and permanently in the Midwestern United States.

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CHEMICAL TECHNOLOGY

Summit Carbon Solutions Announces Progress on Carbon Capture and Storage Project

Summit Carbon Solutions | February 02, 2022

Summit Carbon Solutions announced further progress on its carbon capture and storage project with the filing of its pipeline permit application in the state of Iowa with the Iowa Utilities Board. Summit's project will connect ethanol biorefineries across five states in the upper Midwest – Iowa, Minnesota, Nebraska, North Dakota, and South Dakota – with the largest portion of the project, consisting of 12 ethanol biorefineries and over 680 miles of carbon dioxide pipeline, in Iowa. By capturing and permanently storing carbon dioxide emissions from partner ethanol biorefineries, Summit Carbon Solutions will cut the carbon footprint of their ethanol in half, which will ensure the environmental and economic sustainability of these facilities for the long term by opening new markets and improving profitability. Summit recently began acquiring right-of-way easements for the pipeline component of the project across its five-state footprint. As a company rooted in agriculture, Summit places a heavy emphasis on landowner engagement and is focused on working with landowners who wish to voluntarily participate. "We're pleased to have begun the permitting process for Summit Carbon Solutions, which keeps us on schedule to be operational in the first half of 2024. This project will be transformational for the ethanol industry and, by extension, the agriculture industry. Farmers and landowners in Iowa understand that ethanol production consumes over 50% of our corn crop every year, which is a big reason why we've had early success signing hundreds of pipeline easements with farmers who have a vested interest in our success." Bruce Rastetter, CEO of Summit Agricultural Group Summit will continue its permit application process with other states and jurisdictions in the coming months as it proceeds to develop the first interstate carbon capture and storage project in the United States.

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CHEMICAL MANAGEMENT

Shell intends to exit equity partnerships held with Gazprom entities

Shell plc | March 01, 2022

The Board of Shell plc announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project. “We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” Shell’s chief executive officer, Ben van Beurden Shell’s staff in Ukraine and other countries has been working together to manage the company’s response to the crisis locally. Shell will also work with aid partners and humanitarian agencies to help in the relief effort. “Our decision to exit is one we take with conviction,” said van Beurden. “We cannot – and we will not – stand by. Our immediate focus is the safety of our people in Ukraine and supporting our people in Russia. In discussion with governments around the world, we will also work through the detailed business implications, including the importance of secure energy supplies to Europe and other markets, in compliance with relevant sanctions.” At the end of 2021, Shell had around $3 billion in non-current assets in these ventures in Russia. We expect that the decision to start the process of exiting joint ventures with Gazprom and related entities will impact the book value of Shell’s Russia assets and lead to impairments. Shell’s Powering Progress strategy and financial framework remain unchanged. We reiterate our progressive dividend policy and intent to distribute 20-30 percent of CFFO to shareholders in the form of dividends and share buybacks while targeting a strong balance sheet with long-term AA credit metrics. We stepped up our distributions by announcing an $8.5 billion share buyback programme for the first half of 2022, and we expect to increase our dividend per share by 4 percent for the first quarter of 2022. Sakhalin-2 Shell has a 27.5 percent interest in Sakhalin-2, the joint venture with Gazprom, an integrated oil and gas project located on Sakhalin island. Other ownership interests are Gazprom 50%, Mitsui 12.5%, Mitsubishi 10%. Salym Shell has a 50 percent interest in Salym Petroleum Development N.V., a joint venture with Gazprom Neft that is developing the Salym fields in the Khanty Mansiysk Autonomous District of western Siberia. Nord Stream 2 Shell is one of five energy companies which have each committed to provide financing and guarantees for up to 10% of the estimated €9.5 billion total cost of the project. Gydan A joint venture With Gazprom Neft to explore and develop blocks in the Gydan peninsula, in north-western Siberia. The project is in the exploration phase, with no production.

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Spotlight

Correspondingly, the SWC5 membrane exhibited the highest rejection of boric acid and all N-nitrosamines. Results reported here also showed that the rejection of these chemicals increased in the order of increasing molecular volume.

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