Page 155 - CW E-Magazine (6-2-2024)
P. 155

News from Abroad


       CLEANER OPERATIONS
       Orion upgrades emission control systems at US

       carbon black units


          Orion,  the  US-based  speciality                                  Commenting on the development,
       chemicals  producer,  has  completed                               Orion’s  CEO,  Mr.  Corning  Painter,
       upgrading  its  air  emissions  control                            said,  “Orion  will  continue  to  invest
       technology  at  all  four  of  its  US                             in sustainability-linked projects. This
       carbon black plants – the biggest sustain-                         will  include  producing  conductive
       ability-related initiative in the company’s                        materials for lithium-ion batteries and
       history.                                                           developing  products  for  the  circular
                                                                          economy.”
          The  company  recently  finished
       its  final  air  emissions  project  at  its                          “With  a  slower  recovery  in  end
       plant in Belpre, Ohio. Previously, the  “The  projects  were  especially   markets and downtime as a result of
       company upgraded its Borger, Texas;   challenging for Orion because it has  Orion’s  final  EPA  project,  the  com-
       Ivanhoe,  Louisiana;  and  Orange,   more  carbon  black  plants  in  the  US  pany expects 2023 results to land at
       Texas, facilities.                than any other company. Despite suf-  the lower end of its adjusted EBITDA
                                         fering  from  contractor  issues,   guidance  range  of  $330-$340
          The upgrades were part of an initi-  COVID-19 and supply-chain disruptions,  million. While demand is recovering,
       ative from the US Environmental Pro-  Orion  finished  its  projects  ahead  of  it is building slower than expected in
       tection Agency (EPA) that applied to  some of its competitors,” the company   many markets,” the company said in
       all carbon black producers in America.   said in a press note.     its earnings update.

       COLLABORATION
       Lhyfe and Source Galileo partner for green hydrogen

       production in UK and Ireland


         France-based  green  hydrogen  pro-  Galileo  collaborate  to  establish  com-  Initially,  the  companies  will  focus
       ducer, Lhyfe, and London-based renew-  mercial-scale  green  hydrogen  produc-  on  using  electricity  from  onshore
       able energy developer, Source Galileo,  tion sites in the UK, with plans already  renewable  sources.  However,  in  the
       have  announced  their  joint  agreement  underway for multiple units.  longer  term,  they  could  harness  the
       to develop commercial-scale green and                              enormous  offshore  wind  potential  in
       renewable  hydrogen  production  units   The energy firms are also exploring  the UK and Ireland, which would help
       in the UK and Ireland.            opportunities  in  Ireland,  focusing  on  overcome electricity grid constraints.
                                         identifying  consumers  and  assessing
         The companies have signed a Memo-  factors such as grid availability, power   Lhyfe’s  first  plant  at  Pays  de  La
       randum of Understanding (MoU) with  supply, land accessibility, and planning  Loire  in  France  has  been  operating
       the goal of deploying production facili-  requirements.            since the second half of 2021, with two
       ties  powered  by  renewable  energy.                              more  sites  inaugurated  in  Occitanie  and
       Under the agreement, Lhyfe and Source   By  working  together,  Lhyfe  and  Brittany  in  December  2023. An  addi-
       Galileo will combine their expertise to  Source Galileo believe their economies  tional  five  sites  are  currently  under
       generate and supply the environmental-  of  scale  can  accelerate  the  roll-out  of  construction  or  extension  throughout
       ly-friendly gas to a variety of customers  green hydrogen, meeting the increasing   Europe. Since launching its UK operation
       across  industry  and  transport,  helping  demand  from  companies  aiming  to   in 2022 to support regional decarboni-
       them decarbonise their operations. The  reduce  their  reliance  on  natural  gas  and   sation,  Lhyfe  has  established  offices
       partnership will see Lhyfe and Source  other fossil fuels.         in Newcastle and Sheffield.


       Chemical Weekly  February 6, 2024                                                               155


                                      Contents    Index to Advertisers    Index to Products Advertised
   150   151   152   153   154   155   156   157   158   159   160