Two Hazardous Waste Drop-Off Events Set for June in Parsippany

Tapinto | May 30, 2020

Two hazardous waste drop-off events will be held in June at the Public Safety Training Academy. Due to the COVID-19-related cancelation of its May 16 household hazardous waste event, the Morris County Municipal Utilities Authority has decided to add an additional drop-off event in June, with disposal days now set for June 13 and June 28, both to be held at the Morris County Public Safety Training Academy in Parsippany. Both events are from 9 a.m. to 2 p.m. Due to COVID-19 restrictions, all participants dropping off household hazardous materials must wear face coverings, keep their vehicle windows closed, and stay in their vehicles for the duration of the event. The MUA is requesting that all materials be stored in the trunk, cargo area, or bed of the vehicle for easy access by the MUA's contractor, whose team will remove it from the vehicle. Please plan your visit accordingly.

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Evacuate the release or spill area. Secure the location. Isolate exposed individuals for: Decontamination, Evaluation, Treatment Use an Emergency Call Box to report the incident. Shut down relevant utilities and room HVAC (heating, ventilation, and air conditioning).


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CHEMICAL MANAGEMENT

Sempra Infrastructure and RWE Sign Heads of Agreement for U.S. LNG Supply

Sempra Infrastructure | May 26, 2022

Sempra Infrastructure, a subsidiary of Sempra announced it has entered into a heads of agreement with RWE Supply & Trading, a subsidiary of RWE for the purchase of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural gas. The LNG is to be supplied on a long-term, free-on-board basis from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. "Sempra Infrastructure's LNG projects are uniquely positioned to help provide U.S. LNG to support the energy security of America's allies in Europe, while also accelerating the transition to a lower carbon future. We are excited about the opportunity to work with one of Germany's top power producers to achieve these dual goals. We see opportunities to work together with RWE across the energy transition, including LNG, hydrogen and renewables. With today's agreement, we make significant progress toward the development of our Port Arthur LNG project and remain committed to lowering greenhouse gas (GHG) emissions across the LNG value chain through the use of new technologies and the improvement of key processes." Justin Bird, CEO of Sempra Infrastructure Andree Stracke, CEO of RWE Supply & Trading said, "As RWE, we are very pleased to join forces with Sempra Infrastructure. Our partnership can contribute largely to securing significant LNG volumes for the RWE portfolio on a long-term basis while building the basis for supplying low carbon gas in the future." The HOA contemplates the negotiation and finalization of a definitive 15-year LNG sale and purchase agreement for 2.25 Mtpa to be delivered from the Port Arthur LNG project. Additionally, Sempra Infrastructure and RWE have agreed to work toward a broad framework for the reduction, mitigation, and reporting of GHG emissions associated with deliveries of LNG from the Port Arthur LNG project, including addressing the use of responsibly sourced natural gas as part of the project's feed gas supply and renewable energy as part of the project power mix. Phase 1 of the Port Arthur LNG project is fully permitted and is expected to include two liquefaction trains and LNG storage tanks, as well as associated facilities capable of producing, under optimal conditions, up to approximately 13.5 Mtpa of LNG. The referenced HOAs are preliminary, non-binding arrangements, and the development of the Port Arthur LNG project remains subject to a number of risks and uncertainties, including, among others, reaching definitive agreements, maintaining all necessary permits, finalizing engineering and construction arrangements, obtaining financing and incentives, and reaching a final investment decision. Sempra Infrastructure is one of the top renewable energy producers in Mexico and is currently exceeding its goal of operating its existing LNG infrastructure at a GHG emissions intensity that is 20% below its 2020 baseline, having achieved a 28% reduction in 2021. In addition to continuing to reduce emissions through operational excellence, Sempra Infrastructure is actively developing lower emissions technologies for existing and future infrastructure assets. Sempra Infrastructure has entered into a memorandum of understanding with Entergy Louisiana, a subsidiary of Entergy Corporation to develop options to accelerate the deployment of cost-effective renewable energy to power its infrastructure located in vicinity of the Gulf Coast. Additionally, Sempra Infrastructure is developing Hackberry Carbon Sequestration, a proposed carbon sequestration facility located in Southwest Louisiana expected to have the potential to sequester up to 2 Mtpa of carbon dioxide from LNG and other industrial facilities in the region and is developing opportunities to co-locate low-carbon hydrogen production at or near existing Sempra Infrastructure facilities. In addition to lowering emissions at its own facilities, Sempra Infrastructure is working with other companies to reduce GHG emissions across the U.S. natural gas value chain, consistent with Sempra's aim to have net-zero GHG emissions by 2050. Sempra is a founding member of Veritas, a GTI Energy Differentiated Gas Measurement and Verification Initiative, supporting Sempra Infrastructure and other customers' desires for responsibly sourced natural gas that is produced and transported using proven technologies that minimize GHG emissions. Sempra Infrastructure is also a sponsor of The Collaboratory to Advance Methane Science, a research collaboration to advance technological solutions to enable methane emission reductions. About Sempra Infrastructure Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the energy transition and beyond. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions, that are expected to play a crucial role in the energy systems of the future.

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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 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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CHEMICAL TECHNOLOGY

Balmoral Funds, LLC Completes Acquisition of Trecora Resources

Trecora Resources | June 28, 2022

Balmoral Funds, LLC announced that it has successfully completed its previously announced acquisition of Trecora Resources at a price of $9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings. With the completion of the acquisition, Trecora's stock will cease trading on the New York Stock Exchange and Trecora will no longer be listed on any public market. Blank Rome LLP served as legal advisor to Balmoral, and Piper Sandler served as financial advisor to Balmoral. Guggenheim Securities, LLC served as exclusive financial advisor to Trecora, and Morgan, Lewis & Bockius LLP served as legal advisor to Trecora. About Balmoral Funds Balmoral is a Los Angeles, CA based private equity fund that was founded in 2005. Balmoral's objective is to be the financial partner of choice for entrepreneurial, emotionally intelligent and successful C-suite executives and operating advisors creating transformative, revitalizing change in the businesses they co-invest in together. Balmoral has approximately $1.5 billion of assets under management. Balmoral typically invests in companies that have revenues between $30 to $500 million and require equity investments of $10 to $100 million, with the capability of investing an additional $100 million or more in particularly compelling opportunities. About Trecora Resources Trecora owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.

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Evacuate the release or spill area. Secure the location. Isolate exposed individuals for: Decontamination, Evaluation, Treatment Use an Emergency Call Box to report the incident. Shut down relevant utilities and room HVAC (heating, ventilation, and air conditioning).

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