Europe's Chemical Industry Advances in Decarbonization February 2024

At a glance

February saw significant advancements in hydrogen-related news, including MAIRE's subsidiary securing a contract for a hydrogen production plant in Italy, collaborations for biomethane and synthetic methane technology, and the development of green hydrogen and ammonia production in Portugal. These initiatives highlight the industry's commitment to decarbonization and sustainable energy solutions.

February’s most important news related to hydrogen:

Transforming Biofuel Production

In Milan, MAIRE's subsidiary, KT - Kinetics Technology, has secured a €123 million contract from Eni for a hydrogen production plant at Livorno refinery, aimed at converting the site into a biorefinery. This initiative not only underscores the push towards green chemistry but also highlights the strategic shift towards biofuel energy, utilizing waste and agribusiness residues for biofuel production. The project, expected to complete by 2026, signifies a major step in the industry's journey towards decarbonization, with the potential addition of a CO2 capture unit to further reduce emissions.

Innovations in Biomethane and Synthetic Methane

NextChem and ENGIE have announced a collaboration to develop advanced biomethane technology, converting dry biomass waste into synthetic methane. This agreement leverages both companies' proprietary technologies, aiming to reduce energy consumption and foster circular economy principles. The focus on sustainable solutions exemplifies the industry's commitment to green chemistry and the broader decarbonization agenda, setting a precedent for future biofuel renewable projects.

Green Hydrogen and Ammonia Production

Tecnimont, another MAIRE subsidiary, has been awarded a FEED contract for an integrated green hydrogen and ammonia plant in Portugal. This project, leveraging renewable energy for hydrogen and ammonia production, represents a significant leap towards hydrogen power plants' viability and the practical application of green ammonia as a maritime fuel. The initiative aligns with the European Union's decarbonization goals, showcasing the synergistic potential within the chemical industry for achieving sustainable energy solutions.

Lhyfe's Green Hydrogen Initiatives

Lhyfe is setting up a green hydrogen plant in Brake, Germany, marking a significant step in providing green hydrogen for transportation and industrial applications. With an annual production capacity of 1,150 tonnes of green hydrogen, the project supports regional decarbonization efforts and the transition to sustainable energy sources. Furthermore, Lhyfe's partnership with SAF+ International Group to produce e-SAF from green hydrogen for the aviation industry highlights the expanding role of hydrogen in decarbonizing various sectors, including aviation, an essential step towards meeting global emission reduction targets.

The chemical industry in Europe is actively embracing the challenge of decarbonization, with significant investments in green chemistry, hydrogen plants, and biofuel energy. Paving the way for a cleaner, greener future.