European Chemical Industry News & Insights

Europe's Chemical Industry Advances in Decarbonization February 2024

At a glance

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. This project aims to convert the site into a biorefinery, utilizing waste and agribusiness residues for biofuel production. Expected to complete by 2026, it represents a significant step towards decarbonization, with potential for 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 decarbonization.

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 will use renewable energy for hydrogen and ammonia production, representing a significant leap towards the viability of hydrogen power plants and green ammonia as a maritime fuel. The initiative aligns with the European Union's decarbonization goals.

Lhyfe's Green Hydrogen Initiatives

Lhyfe is setting up a green hydrogen plant in Brake, Germany, with an annual production capacity of 1,150 tonnes. This project supports regional decarbonization efforts and the transition to sustainable energy sources. Additionally, 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.