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Dow, Shell to develop electric cracking technology
This is interesting news given the rising focus on the use of renewable electricity as well as electrolysis processing in chemical manufacturing. Major petrochemical players, Dow and Shell, recently announced their partnership in developing electric cracking technology specifically for use to electrify ethylene steam crackers. Today’s steam crackers use fossil fuel combustion to heat their … Continue reading
FOLLOW ME ON THESE SPACEHas Glycerol Passed Its Peak?
The global economy came to a virtual standstill in the first half of 2020 as countries introduced lockdown measures in a bid to control the COVID-19 virus. As a result, there were fewer cars on the road and therefore less demand for fuel. This forced refineries for both crude oil and biofuels to turn production … Continue reading
FOLLOW ME ON THESE SPACEWhat future for Coal-to-MEG and Bio-MEG in a Low-Cost Brent World?
Since the start of 2020, we have seen Brent crude oil futures fall from just under $70/bbl to $23/bbl. MEG values followed, plummeting from $608/ton to $350/ton cfr in early April. And although there has been a rebound, relatively low Brent crude prices of around $40/bbl still prevail, along with very low MEG values in … Continue reading
FOLLOW ME ON THESE SPACEThe Great Reset: A Post-Covid19 Bioeconomy Agenda
I just learned from my social media networks that today is apparently #WorldEnvironmentDay so let me share this very interesting initiative called the Great Reset launched jointly on June 3 in a virtual meeting by the World Economic Forum and HRH The Prince of Wales in response to the need for a better world in … Continue reading
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