Page 153 - CW E-Magazine (12-12-2023)

News from Abroad

DECARBONISATION
Dow approves $6.5-bn investment in Canadian

net-zero petrochemical project

American chemicals major, Dow, for front-end engineering and design
said its board has made a positive final (FEED). Additionally, Dow is partner-
investment decision (FID) in the $6.5-bn ing with Wolf Midstream, which will
Fort Saskatchewan ‘Path2Zero’ project provide CO transportation along the
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in Alberta, Canada, as the company Alberta trunk line, and with Ravago
aims to become carbon neutral by 2050. which will provide third-party logistics
for finished products from the site.
The project includes building a
new ethylene cracker and increasing To achieve net-zero Scope 1 and
polyethylene (PE) capacity by 2-mtpa. 2 emissions, the project will deploy
Dow said it would be “the world’s first mand in high-value markets, such as Linde’s air separation and autother-
net-zero integrated ethylene cracker packaging, infrastructure and hygiene, mal reformer technology to convert
and derivatives complex.” among others, with potential additional the site’s cracker off-gas to hydrogen,

The company, which first proposed value captured from commercialising which will be used as a clean fuel to
supply the site’s furnaces. In addition,
the project in 2021, said the investment low and zero-emissions products,” the CO emissions will be captured and
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is expected to deliver growth of $1-bn company informed. stored, reducing existing emissions by
of core profit per year at full run rates The $6.5-bn project, excluding gov- approximately 1-mtpa of CO e, while
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while decarbonising 20% of Dow’s ernmental incentives and subsidies, is abating all emissions from the addition
global ethylene capacity. expected to the first of what could be of the site’s new capacity.
several major decarbonisation develop-
The company plans to begin con- Dow had said it aims to reduce its
struction in 2024. Capacity additions ments that tap into federal and provin- net annual carbon emissions by 15%
cial incentive programmes in Canada.
are expected to come online in phases, by 2030 compared with its 2020 base-
with the first starting up in 2027 and Dow’s investment leverages approxi- line, and expects to be carbon neutral
would add around 1.285-mtpa of ethy- mately $2-bn of investment from third- by 2050.
lene and PE capacity. The second party companies for circular hydrogen,
phase, starting up in 2029, would add CO capture, and other infrastructure “The project serves as a leading
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an additional 600-ktpa of capacity. assets critical to project execution. example that industrial decarbonisation
Earlier this year, Dow announced that is both possible and profitable,” Mr. Jim
“This new capacity will enable Linde had been selected as its industrial Fitterling, Dow Chair and CEO, said
Dow to capture growing customer de- gas partner, and Fluor was selected in a news release.
Borealis buys Bulgarian mechanical recycling player

Austrian petrochemicals firm, will strengthen our ability
Borealis, has agreed to acquire Integra to deliver on our advanced
Plastics AD, a Bulgarian advanced mechanical recycling ambition
mechanical recycling player. and enable our customers
to meet their sustainability
The company operates a modern
recycling plant built in 2019 to trans- targets,” said Ms. Lucrèce
Foufopoulos, Borealis Exe-
form post-consumer waste into high cutive Vice President Poly-
quality polyolefin recyclates suitable
for demanding applications. olefins, Circular Economy
Solutions and Innovation &
“The addition of Integra Plastics AD Technology.

Chemical Weekly December 12, 2023 153
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