C-MACC’s Post

🔍Not enough consumers want to pay higher prices for recycled polymers, placing a low value on the hydrogen content – could fuel subsidies attract polymer waste? 🔍It seems counter-intuitive, but where recycling costs are very high, hydrogen as syngas may win, especially if it can attract fuel or power-related incentives. 🔍Participants should focus more on all mechanisms to avoid plastic waste and re-use in environmentally and economically optimal ways – more than just recycling. 🔍The green lobby wants plastics eliminated rather than recycled, making recycling incentives appear unlikely – we will likely see more consumer mandates to recycle. 🔍Otherwise, we look at more potential company failures and why Air Products strategy is less popular – we also critique the latest EIA forecast as misleading. Click the link below for the C-MACC #global #chemical update for November 10, 2023: https://hubs.li/Q028wWhc0 Companies mentioned in this report: Rethink Plastic Alliance Unifi Manufacturing, Inc. (makers of REPREVE® ) Air Products OMV Topsoe ExxonMobil Tallgrass Energy Linde Bloom Energy Interzero NIO BASF Borealis Today's Commodities: #RecycledPolymers, #RPET, #PlasticWaste, #Plastics, #Hydrogen, #Syngas, #CO2, #RenewableFuels, #SAF, #Ammonia, #RNG, #Methane, #Solar, #Hydro #chemicalindustry #plasticsindustry #chemical #petrochemicals #sustainability #esginvesting #energy #plasticsrecycling #materials #manufacturing

Strategies to Reduce the Global Carbon Footprint of Plastics (1) Bio-based plastics: fossil-based plastics are gradually substituted by biobased plastics until a complete phase-out of fossil-based plastics by 2050. While bio-based plastics can be derived from a variety of feedstock, modelled here are corn and sugarcane given their dominance in current market . (2) Renewable energy: the energy mix of plastics supply chain is gradually decarbonised and reaches 100% renewables (i.e. wind power and biogas) by 2050. Emissions under the current energy mix are modelled as comparison. (3) Recycling: recycling rates of EoL plastics gradually increase and reach 100% by 2050. In comparison, we also model the emissions under a projected EoL management mix scenario and a 100% incineration/composting scenario. (4) Reducing demand growth: the current annual growth rate of global plastics demand, which is 4%, is reduced to 2%. These strategies as illustrative scenarios, rather than as realistic projections of future trajectories, with the purpose of envisioning their potentials for GHG mitigation. #Strategies #Reduce #Carbon_Footprint #Plastics #Bio_based #Renewable #Recycling #Reducing #demand

Some important news in the realm of #biofuel mandates and permitted fuel types. The UK has added recycled carbon fuel (RCF) to its low carbon mandates, expanding available #lowcarbon fuel options. RCF is created using materials derived from #fossilfuels, like plastic bottles and petroleum waste products. These materials would have otherwise been destined for a landfill, but RCF gives them new life as they are salvaged into usable fuel. RCF carries a lower #carbonfootprint than fossil fuels as it provides a second use for these materials. Adding it to the low-carbon mandates serves as a useful expansion of available low-carbon options for both fuel producers and consumers. Learn more about RCF and the benefits of adding it to the UK's low-carbon mandates on our blog. https://lnkd.in/exFrkykn

🎥 Missed the Webinar? Watch the Recording Now! 🌍 ♻️On June 27th, Ketjen Corporation hosted an insightful webinar for Go Circular Talks. If you couldn't attend, we have great news – you can now access the full recording! ✨ Webinar Highlights: 👤: Jaap Bergwerff, Business Development Director of Renewables at Ketjen Corporation, shares his expertise and insights on the role of catalysts in chemical recycling and the shift to renewable sources. 🌀 Introduction to Ketjen Corporation: Learn about Ketjen's global presence and expertise in catalyst technology. 🍃 Chemical Recycling: Discover thermochemical recycling and its efficiency in converting waste plastics into valuable feedstocks. 🌿 Hydroprocessing Waste Plastic Oils: Understand the process of producing suitable feedstocks for steam crackers and overcoming related challenges. 🌱 Ketjen is committed to reducing the carbon footprint and fostering a sustainable future through innovative catalyst solutions. 👀 Watch now to gain valuable insights! 🔗 https://lnkd.in/eD3rHcaZ #GoCircular2025 #Sustainability #ChemicalRecycling #RenewableEnergy #CatalystTechnology #CircularEconomy #Ketjen #WebinarRecording

While we often discuss Grandpuits, let's take a moment to delve into its recycling facet. The Grandpuits platform is being converted into a zero-crude platform and will be operational mid 2025. Biofuel production and plastic waste recycling form the backbone of this project, which is part of our ambition to achieve net-zero emissions by 2050. One of the main reasons behind the platform's conversion is to transform the Grandpuits refinery into a biorefinery. With a processing capacity of 400,000 metric tons/year, it will be commissioned mid 2025 to produce: ✅ 210,000 metric tons/year of sustainable aviation fuel (SAF), which will be extended to 285,000 metric tons/year from 2027; ✅ 50,000 metric tons/year of renewable diesel; ✅ 70,000 metric tons/year of renewable naphtha. 👉 Learn more about Grandpuits: https://lnkd.in/eT9y2bgD #Grandpuits #Recycling #Bioenergies #RenewableEnergy

Fossil-free and near-zero emission steel is one piece of our decarbonization puzzle. Low-carbon aluminum is another. We have made some pioneering firsts with the implementation of more sustainable materials, but we don’t stop until every piece of the puzzle is in place. So, it is exciting to reveal that we have signed a partnership agreement with BASF that will see us deliver even more innovations into low-carbon materials, such as recycled plastic. To show our transparency in working together towards a net zero value chain, the agreement was signed on a clear container with certified Biomass Balanced Polyamide granules—or fossil-free plastic—inside. Partnership is the action we take to achieve our ambitious aim of net zero value chain greenhouse gas emissions by 2040. BASF Automotive Solutions

BASF's Global Production Sites Achieve ISCC+ Certification July 23, 2024 – BASF's global major production sites for acrylics, alcohols, ethylene glycols, and acetate products have achieved ISCC+ certification, further supporting customers in reaching their sustainability goals and visions. This initiative enables over 60 products within BASF's portfolio to encompass a range of sustainability attributes. In addition to high-quality, reliable "classic" products, a significant portion of the portfolio now offers options with diverse sustainability attributes: "Low Carbon Footprint" and "Zero Carbon Footprint" products lead in reducing the carbon footprint, helping customers achieve their greenhouse gas reduction targets. "Bio-based" products are partly made from biomass and can be tracked via carbon-14 (C14). Ccycled® products use chemically recycled plastic waste or scrap tires as raw materials, supporting the circular economy. "Manufactured Using Green Energy" products highlight BASF's commitment to further reducing the environmental impact of the production process through renewable energy.

𝐓𝐡𝐞 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬-𝐭𝐨-𝐅𝐮𝐞𝐥 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐨𝐧 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 ➡ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/giSeT7U8 🔷 Due to the need for a clean environment, there is an increasing demand for energy produced from garbage. Governments in several regions have started using plastic to make energy due to an increase in home and industrial garbage. In the upcoming years, the market should gain from favorable regulatory conditions mixed with government assistance in the form of tax benefits and financial incentives. 🔷 The usage of non-renewable energy sources is raising environmental concerns, which should restrain industry expansion. Market expansion should be fueled by the rising demand for recycling services in industrialized nations including the United States, Japan, the Netherlands, and Germany. Companies like Chevron and BP have developed methods for using plastic trash as fuel to produce and generate their energy. 𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬-𝐓𝐨-𝐅𝐮𝐞𝐥 (𝐏𝐓𝐅) 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐚𝐫𝐞: Vadxx Nexus Fuels, LLC Klean Industries Inc Neste Paterson Energy CbS Technologies Pvt Ltd #PlasticsToFuel #PTF #EnergyFromWaste #PlasticRecycling #SustainableEnergy #GreenEnergy #EnvironmentalSolutions #WasteManagement #PlasticWaste #RenewableEnergy #GovernmentIncentives #Chevron #BP #EnergyInnovation #CleanEnvironment #CircularEconomy

University of Oxford have proposed a blueprint to transition the global #plastics industry to a #circulareconomy, emphasizing reduced demand, renewable sources, optimized recycling, and integration with renewable energy. 💬 Learn more about #CarbonEmissions by various industries worldwide and what they are doing to reduce them. 👉https://lnkd.in/gJp45-Wy

ExxonMobil currently operates one of the largest #advancedrecycling facilities in North America. We are investing to expand our operations by adding a second advance recycling unit at our facility in Baytown, Texas which recently received a positive final investment decision (FID). This is another important step toward our goal to increase our capacity to process 1 billion pounds of plastic waste per year by year-end 2026. Exxtend™ technology for advanced recycling is a proven technology that can help accelerate a #circulareconomy for plastic – increasing the range of plastics that can be recycled while helping to address the plastic waste challenge.  Watch this video to learn more about Exxtend technology. https://lnkd.in/dntRC8qK #certifiedcircular #exxtendtechnology