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News from Abroad                                                                                                                                                                  News from Abroad


       CARBON NEUTRALITY                                                                                                The initial phase involves the intro-  Based on these evaluations, decisions  solution and infrastructure partners,
       Thailand’s GC ropes in MHI to explore decarbonisation                                                         duction of the fi rst electric heavy-duty  will be made regarding potential scal-  and industry organizations, with the
                                                                                                                     truck to replace the existing diesel truck  ability.
                                                                                                                                                                                         network steadily expanding.
       of petchem production                                                                                         for  transporting  polymeric  diphenyl-                                “As a pivotal route toward achiev-
                                                                                                                     methane diisocyanate (pMDI) from the  Scope 3 emissions reduction
                                                                                                                     Shanghai  site  to  nearby  warehouses.   Approximately  80  percent  of  ing net zero, green logistics is poised
          Thailand’s  largest  integrated                                                                            This transition is set to cover part of the  Covestro’s total missions stem from  to deliver  sustainable solutions for
       petrochemical  and  refi ning  fi rm,  PTT                                                                      annual pMDI shuttle volume at Coves-  scope  3,  or  indirect  emissions  result-  mitigating  scope  3  emissions,”  said
       Global  Chemical  Public  Company  Ltd.                                                                       tro’s largest production  site,  resulting  ing from upstream and downstream  Mr.  Fu  Peng,  Executive  Vice  President
       (GC),  has  signed  a  Memorandum  of                                                                         in a projected reduction of 43-tonnes of  processes, including supply chains,  of COSCO Shipping Logistics & Supply
       Understanding (MoU) with Mitsubishi                                                                           CO  equivalent in well-to-wheel emis-  material transport, and raw material  Chain Management.
                                                                                                                        2
       Heavy Industries Asia Pacifi c Pte. Ltd.                                                                       sions (CO  emissions over the entire  processing.
                                                                                                                              2
       (MHI-AP) to jointly study the techno-                                                                         life  cycle  of  fuels)  in  2024  compared                            “The supply chain plays a crucial
       logies  required  to  decarbonise  petro-                                                                     to the 2022 baseline – a 22% decrease.   In  the Asia  Pacifi c  region,  where  role in the chemical industry’s journey
       chemicals production.                                                                                         The future use of green power to charge  around 70% of Covestro’s products are  to achieve climate neutrality, demand-
                                                                                                                     the trucks will further contribute to the  transported by truck, concerted efforts  ing collaboration beyond individual
          The collaboration will involve the                                                                         goal of achieving net zero in logistics,  to reduce emissions within the logistics  company boundaries. The commercial
       study of solutions that use low carbon                                                                        the company said.                 framework are specifi cally targeted at  deployment of this groundbreaking
       fuels such as hydrogen and ammonia,                                                                                                             trucks. In light of this, the green logis-  electric truck for chemical shuttling is
       as well as Carbon Capture and Storage                                                                            Both  companies  will  consistently  tics programme was launched last year  poised to act as a catalyst, propelling
       (CCS) technologies.                                                                                           evaluate  the  electric  truck’s  perfor-  with the objective of devising more  our site and company towards climate
                                                                                                                     mance and effi ciency, aiming for contin-  sustainable methods for road transpor-  neutrality and a circular economy,”
          The MoU will span four years and  a subsidiary of Japanese conglomerate  explore  how  we  can  utilise  our  tech-  uous optimisation of the total cost of  tation via trucks. Collaborators in this  stated Dr. Yun Chen, General Manager
       includes two main objectives to assess the  Mitsubishi Heavy Industries, will sup-  nology and expertise to reduce carbon   ownership associated with the vehicle.  endeavour include customers, logistics  of CISS.
       feasibility of applying decarbonisation  port this by  providing carbon capture  emissions from GC’s existing business
       technologies to GC’s assets. The fi rst is  technologies as well as hydrogen com-  assets and support the establishment   OPERATIONAL TRANSFORMATION
       to conduct research to compare the feasi-  bustion gas turbines and ammonia gas  of  an  economically  viable  large-scale
       bility of using hydrogen and ammonia  turbines.                    carbon neutral petrochemical plant.”       Neo tweaks manufacturing strategy at Estonian rare
       as fuels for gas turbines, as well as CCS
       technologies to reduce carbon dioxide   Mr.  Osamu  Ono,  Managing  Di-  This collaboration  is aligned  with   metals facility
       emissions from power generators.   rector  of  MHI-AP,  said,  “Low-carbon  Thailand’s  announcement to achieve
                                         fuels such as hydrogen, ammonia and  carbon neutrality  by 2050 and with       Canada’s  Neo  Performance  Mate-
          The second objective is to assess how  CCS  technologies  have  great  poten-  GC’s  commitment  to  reduce  green-  rials has announced plans to shift focus
       CCS technologies can best be applied  tial in reducing carbon emissions from  house gas emissions by 20% by 2030   of its processing of niobium and tantalum
       and  optimised  for  the  Steam-Methane  existing  energy  infrastructure.  MHI-AP  and achieve  net zero  greenhouse gas   away  from  midstream  toward  down-
       Reforming  (SMR)  process.  MHI-AP,  is honoured to partner  with GC to  emissions by 2050.                   stream  operations  at  its  NPM  Silmet
                                                                                                                     OU plant in Sillamae, Estonia.
       SUPPLY CHAIN DECARBONISATION
                                                                                                                        The company said the shift in focus
       Covestro to deploy electric trucks for short-distance                                                         is expected to “diversify feedstock
       chemical shuttling at Shanghai site                                                                           supply, reduce working capital require-  allurgical  processing  of  niobium-  and  than $1.5-mn of employee restructuring
                                                                                                                     ments, and reduce volatility by lowering  tantalum-bearing ores. Going forward,  costs, but noted that the savings should
                                                                                                                     inventory volumes and holding times.”  future products will be derived from  offset these costs in less than a year.
          As part of its efforts to decarbonise                           transitioned  into  operational  implemen-                                   oxides and recycled materials. Neo said
       the chemical supply chain, German                                  tation, with Covestro signing an agreement    NPM Silmet will begin updating its  it  has  completed  testing  of  these  pur-  “We are continuing to execute on our
       polymer form, Covestro, had initiated                              with  COSCO  Shipping  Logistics  &        manufacturing  processing of niobium  chased oxides and has entered into nu-  new manufacturing strategy to improve
       a green logistics pilot programme in                               Supply  Chain  Management  Co.,  Ltd.      and tantalum to improve business per-  merous sourcing agreements for these  the return on capital employed, reduce
       collaboration with partners in China                               to propel the commercial deployment        formance of its high-purity rare metals  input materials. Neo anticipates taking  dependency on concentrated supply ar-
       in  November  2022.  The  collaboration                            of  electric  trucks  dedicated  to  the  short-  production. It will shift further down-  a charge to its fourth-quarter earnings,  rangements, and better control volatility
       has yielded positive results during the                            distance transport of chemicals at         stream  in  its  value-add  operation,  by  including  up  to  a  $3-mn  non-cash  in earnings,” said Mr. Rahim Suleman,
       proof-of-concept  phase  and  has  now                             Covestro Integrated Site Shanghai (CISS).  halting  the  energy-intensive  hydromet-  charge for impairment of assets and less  President and CEO of Neo.


       170                                                                    Chemical Weekly  January 2, 2024       Chemical Weekly  January 2, 2024                                                                171


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