October 6, 2020
The Column
WTI Crude$40.52/bbl+3.6%
Brent Crude$41.27/bbl+3.7%
HH Nat Gas$1.86/MMBtu-3.1%
MB Propane$0.52/gal+1.0%
3:2:1 Crack$11.38/bbl-2.0%

Concrete and power from consumer waste in the UK

UK-based carbon capture start-up, Carbon8, has announced a new pilot project that will latch on to a Dutch energy from waste plant.

Background on Carbon8:

The start-up invented and owns a process that will combine the power, fly ash, and CO2 emissions from the plant into artificial limestone. That artificial limestone can then be used to form blocks, precast concrete, or ready mixed concrete. This makes it a carbon-negative product, and if it proves to be economical it has the potential to reduce the emission-related impacts of construction.

What makes this project special?

The company has deployed its technology at other types of plants, but this is the first time it will be part of a waste to energy plant. The pilot project will produce 100 tons of artificial limestone for validation and use. If all goes well Carbon8 plans on expanding commercially at this plant or somewhere else in The Netherlands.

Read the press release here.

OQ Chemicals completes acid expansion project

Subsidiary of the state-owned petroleum company in Oman, OQ Chemicals, has announced the successful expansion of its isononanoic acid production capacity at its site in Oberhausen, Germany.

Why do we need more of this stuff?

Isononanoic acid is a key ingredient in synthetic polyol ester-based lubricants for the refrigeration industry. As new environmental regulations take hold and energy efficiency standards rise, the refrigeration industry needs higher performance lubricants. When the demand for the end product rises, the demand for the feedstocks rises.

The details:

The expansion project will allow OQ Chemicals to produce 30% more isononanoic acid globally. From a broader perspective, the expansion "marks an important milestone in our long-term capacity strategy for carboxylic acids, which is based on expanding existing assets and adding production plants.".

Read the press release here.

Chart Industries lands a hydrogen equipment contract

Cryogenic equipment manufacturer, Chart Industries, has signed an agreement to supply Plug Power with liquid hydrogen storage and transport equipment.

Some context:

Chart Industries is in the business of manufacturing the equipment used to liquefy, store, and transport natural gas, hydrogen, and captured CO2. Plug Power uses 40 tons of liquid hydrogen each day as it operates over 100 customer-facing hydrogen fueling stations.

So what's the deal?

Plug Power recently vertically integrated into hydrogen production and has the goal of becoming the largest green hydrogen producer in the US. It's not going to be able to produce the equipment it needs on its own, so the company ordered $7.8 million worth of equipment from Chart Industries.

Read the press release here.