HPC Industries LLC and Macquarie Group's Commodities and Global Markets group have formed a joint venture, Circularix, to produce recycled polyethylene terephthalate.
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Funded by Network Innovation Allowance (NIA), this project will play a fundamental role in garnering a greater understanding of the existing network, improving risk analysis and aiding development by allowing the prediction of future scenarios.
The companies are cooperating to enable the production of a major polyurethane raw material based on renewable materials via mass balance.
Topsoe’s technologies are set to reduce customers’ greenhouse gas emissions by 12 million t in 2022 alone. The key driver is the company's renewable fuels solution, producing low-carbon fuels from waste and biomass.
Aramco has published its first sustainability report, which outlines ways in which the company plans to further tackle emissions while delivering reliable, affordable energy solutions.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed Equinor as a Strategic Partner, committing to the development of zero-carbon technologies and solutions for the maritime industry.
Focal Point Energy has agreed to form a 50/50 joint venture with Insa Oil to expand Insa Oil's portfolio of refined products into the broader Balkan market, and develop new clean energy opportunities in the region.
Chevron Corp. has completed its previously-announced acquisition of Renewable Energy Group (REG), following approval by REG stockholders.