Carbon capture and utilization

Synthetic Fuels Market worth $70.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 12, 2023
Carbon, Petro, QatarEnergy, Dakota Gasification Company, CO2, Sunfire, Transport, Electricity, Natural gas, Methanol, Synthetic, SASOL, Growth, Sulfur, CCU, MTL, RWE, Air pollution, Carbon capture and utilization, Shell, Biomass, ExxonMobil, Diesel fuel, Coal, Renewable energy, Neste, TotalEnergies

The versatility of MTL fuel across transportation and power generation sectors contributes significantly to its prominence, making it a crucial driver in the growth of the synthetic fuels market.

Key Points: 
  • The versatility of MTL fuel across transportation and power generation sectors contributes significantly to its prominence, making it a crucial driver in the growth of the synthetic fuels market.
  • By end use, the industrial segment is projected to be the second-fastest growing segment of synthetic fuels market during forecast period.
  • By application, the diesel segment is projected to account for the largest market share of synthetic fuels market between 2023 and 2030.
  • By region, North America is estimated to account for the fastest-growing segment of synthetic fuels market during 2023 to 2030.

Synthetic Fuels Market worth $70.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 12, 2023
Carbon, Petro, QatarEnergy, Dakota Gasification Company, CO2, Sunfire, Transport, Electricity, Natural gas, Methanol, Synthetic, SASOL, Growth, Sulfur, CCU, MTL, RWE, Air pollution, Carbon capture and utilization, Shell, Biomass, ExxonMobil, Diesel fuel, Coal, Renewable energy, Neste, TotalEnergies

The versatility of MTL fuel across transportation and power generation sectors contributes significantly to its prominence, making it a crucial driver in the growth of the synthetic fuels market.

Key Points: 
  • The versatility of MTL fuel across transportation and power generation sectors contributes significantly to its prominence, making it a crucial driver in the growth of the synthetic fuels market.
  • By end use, the industrial segment is projected to be the second-fastest growing segment of synthetic fuels market during forecast period.
  • By application, the diesel segment is projected to account for the largest market share of synthetic fuels market between 2023 and 2030.
  • By region, North America is estimated to account for the fastest-growing segment of synthetic fuels market during 2023 to 2030.

LanzaTech Global, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023
Carbon, Food, SAF, Ethanol, Aviation, ArcelorMittal, PET, Recycling, Aviation biofuel, Carbon capture and utilization, JV, EBITDA, ...Continued, Investment, Engineering, Chairperson, United Kingdom, Growth, Climate, Finance Secretary (India), Video game, Fine chemical, Renewable energy, Indian Oil Corporation

Operating revenues of $12.9 million for second quarter 2023, an increase of 31% over second quarter 2022

Key Points: 
  • Operating revenues of $12.9 million for second quarter 2023, an increase of 31% over second quarter 2022
    CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), a carbon recycling and leading Carbon Capture and Utilization (“CCU”) company, today reported its financial and operating results for the second quarter of 2023.
  • In the second quarter, revenue totaled $12.9 million, an increase of 31% compared to $9.9 million in the second quarter of 2022, and a quarter-over-quarter increase of 34%.
  • Adjusted EBITDA for the second quarter totaled $(23.8) million, compared to $(17.9) million in the second quarter of 2022.
  • LanzaTech will host a conference call today, August 9, 2023, at 8:30 A.M. EDT to review the Company's financial results, discuss recent events and conduct a question-and-answer session.

Aspen Technology and Saudi Aramco Partner to Bring New Carbon Capture & Utilization Software Innovation to Market

Retrieved on: 
Tuesday, December 13, 2022
Software, Other Energy, Electronic Design Automation, Data Management, Sustainability, Energy, Technology, Environment, Green Technology, Engineering, Chemicals, Plastics, Other Technology, Manufacturing, Carbon, Saudi Aramco, Space Innovation and Development Center, Partnership, CCU, Aspen Technology, CO2, Economics, Uncertainty, Information economy, KAIST, Technology strategy, Carbon capture and utilization, SATC, Renewable energy, Risk management

The new solution is based on technology developed by Aramco collaboratively with the Korea Advanced Institute of Science & Technology (KAIST).

Key Points: 
  • The new solution is based on technology developed by Aramco collaboratively with the Korea Advanced Institute of Science & Technology (KAIST).
  • Aramco, through its subsidiary Saudi Aramco Technologies Company (SATC) has licensed the technology to AspenTech as part of its broader capabilities to optimize carbon emissions reduction.
  • It will aim to address the identification of the most promising carbon capture and utilization paths by simultaneously considering economics, process design and operations constraints and CO2 reduction.
  • Dr. Vikas Dhole, General Manager, Sustainability at Aspen Technology said, Our agreement with Aramco demonstrates the importance of technology innovators working together to address the biggest challenges in ensuring a sustainable future.

As the Market Drivers for Sustainable Polymers Intensify, the Industry Response Accelerates: IDTechEx

Retrieved on: 
Tuesday, November 29, 2022
Carbon, Dissolution, Recycling, CCU, PHA, PUMA, Bacteria, Eastman, Castor oil, Honeywell, Research, Plant, Depolymerization, United States Environmental Protection Agency, Polyhydroxyalkanoates, Carbios, Polymer, Lobbying, Aviation biofuel, Carbon dioxide, Subscription business model, Genomatica, JV, Pressure, Carbon capture and utilization, Rage, Polyurethane, PET, EPA, Partnership, CO, INEOS, Mercedes-Benz Econic, Bacardi, Fermentation, News, CO2, Pyrolysis, Consultant, Sugar, PEF, LyondellBasell, Product life-cycle theory, Traction, Non-governmental organization, Investment, Renewable energy, Petrochemical, Management, Quercus ilex, Plastic, Players, Salomon, Lululemon Athletica

The market drivers are becoming more significant, and industry activity is responding accordingly.

Key Points: 
  • The market drivers are becoming more significant, and industry activity is responding accordingly.
  • IDTechEx covers sustainable polymers in detail through both alternative feedstocks, bio-based and CO2, and recycling to achieve a circular economy.
  • IDTechEx has three leading reports on sustainable polymers covering the recycling of plastic waste and assessing the use of bio-based and CO2 feedstocks.
  • Bioplastics manufacturers are scaling production rapidly, and IDTechEx expects the industry to grow by 10.1% CAGR in the next ten years.

As the Market Drivers for Sustainable Polymers Intensify, the Industry Response Accelerates: IDTechEx

Retrieved on: 
Tuesday, November 29, 2022
Carbon, Dissolution, Recycling, CCU, PHA, PUMA, Bacteria, Eastman, Castor oil, Honeywell, Research, Plant, Depolymerization, United States Environmental Protection Agency, Polyhydroxyalkanoates, Carbios, Polymer, Lobbying, Aviation biofuel, Carbon dioxide, Subscription business model, Genomatica, JV, Pressure, Carbon capture and utilization, Rage, Polyurethane, PET, EPA, Partnership, CO, INEOS, Mercedes-Benz Econic, Bacardi, Fermentation, News, CO2, Pyrolysis, Consultant, Sugar, PEF, LyondellBasell, Product life-cycle theory, Traction, Non-governmental organization, Investment, Renewable energy, Petrochemical, Management, Quercus ilex, Plastic, Players, Salomon, Lululemon Athletica

The market drivers are becoming more significant, and industry activity is responding accordingly.

Key Points: 
  • The market drivers are becoming more significant, and industry activity is responding accordingly.
  • IDTechEx covers sustainable polymers in detail through both alternative feedstocks, bio-based and CO2, and recycling to achieve a circular economy.
  • IDTechEx has three leading reports on sustainable polymers covering the recycling of plastic waste and assessing the use of bio-based and CO2 feedstocks.
  • Bioplastics manufacturers are scaling production rapidly, and IDTechEx expects the industry to grow by 10.1% CAGR in the next ten years.

CO2 to Chemicals Startup RenewCO2, Spins out of Rutgers University with Seed Round from Energy Transition Ventures

Retrieved on: 
Tuesday, September 20, 2022
Carbon, American Chemical Society, Polymer, CO2, Laboratory, Electronics, Electrolysis, Time, Textile, Journal, Department, CO, Research, CCU, MEG, Contract, Rutgers University, Ethanol, Climate change, Journal of the American Chemical Society, Royal Society, Electrochemistry, Plastic, Technology, CEO, National Science Foundation, Solution, Environmental science, Climate, Primary energy, Science, Chemical industry, Associate, Carbon capture and utilization, Catalysis, DOE, Greenhouse, Argonne National Laboratory, Multimedia, China University of Mining and Technology, Renewable energy, Online shopping, Energy

"When I came to the United States to pursue my graduate degree, I was sure I wanted to advance research in catalysis for renewable energy.

Key Points: 
  • "When I came to the United States to pursue my graduate degree, I was sure I wanted to advance research in catalysis for renewable energy.
  • Energy and industrial CO2 point sources and direct air capture projects are ideal for supplying RenewCO2's modular, scalable eCUT electrochemical conversion process.
  • We are excited about power to chemicals and working to use renewable energy to make CO2 the low-cost chemicals feedstock of the future, not the present pollutant."
  • Energy Transition Ventures LLC is a venture capital fund manager headquartered in Houston, Texas, investing in early-stage startups that benefit from or drive the energy transition.

GC Moves Toward Net Zero Target by Venture Capital Investment in ECONIC, Developer of Catalyst Technologies for Carbon-to-Value Creation for Sustainable Polymer Production

Retrieved on: 
Friday, September 9, 2022
Carbon, Zero, Sustainability, Technology, Recycling, Paris Agreement, Chemistry, Polymer, Achievement, Solution, Carbon capture and storage, CCU, Paris, Quality of life, Goal, Adhesive, PTT Global Chemical, CCS, GC, Carbon capture and utilization, Growth, Environment, Efficiency, Renewable energy, Mercedes-Benz Econic

This investment moves GC toward to state of art technology and innovation business for the future.

Key Points: 
  • This investment moves GC toward to state of art technology and innovation business for the future.
  • Recently, GC jointly invested in ECONIC, developer of catalyst technologies for carbon-to-value creation for sustainable polymer production from CO2with its advanced Carbon Capture and Utilization (CCU) innovation which will support GC to achieve the Net Zero target by 2050.
  • All of these are important factors that will allow GC to achieve our ambitious target of becoming a Net Zero company.
  • Aligned with the Paris Agreement, GC Group aims to reduce current greenhouse gas emissions for 20 percent by 2030 on our journey towards achieving Net Zero by 2050.

GC Moves Toward Net Zero Target by Venture Capital Investment in ECONIC, Developer of Catalyst Technologies for Carbon-to-Value Creation for Sustainable Polymer Production

Retrieved on: 
Friday, September 9, 2022
Carbon, Zero, Sustainability, Technology, Recycling, Paris Agreement, Chemistry, Polymer, Achievement, Solution, Carbon capture and storage, CCU, Paris, Quality of life, Goal, Multimedia, Adhesive, PTT Global Chemical, CCS, GC, Carbon capture and utilization, Growth, Environment, Efficiency, Renewable energy, Mercedes-Benz Econic

This investment moves GC toward to state of art technology and innovation business for the future.

Key Points: 
  • This investment moves GC toward to state of art technology and innovation business for the future.
  • Recently, GC jointly invested in ECONIC, developer of catalyst technologies for carbon-to-value creation for sustainable polymer production from CO2with its advanced Carbon Capture and Utilization (CCU) innovation which will support GC to achieve the Net Zero target by 2050.
  • All of these are important factors that will allow GC to achieve our ambitious target of becoming a Net Zero company.
  • Aligned with the Paris Agreement, GC Group aims to reduce current greenhouse gas emissions for 20 percent by 2030 on our journey towards achieving Net Zero by 2050.

CRIN identifies carbon conversion project for funding through Low Emission Fuels and Products technology competition

Retrieved on: 
Thursday, August 11, 2022
Carbon, Hydrogen, Carbon capture and utilization, Innovative Products of America, CRIN, Hydrocarbon, Vanadium, Industry, Technology, Knowledge, SIF, Nickel, Government, Petroleum, Titanium, Geothermal energy, Lithium, Natural gas, Element, Waste, Solution, Renewable energy

Projects in the Low Emission Fuels and Products technology competition focus on breakthrough technology solutions aligned with one or more of the following technology focus areas:

Key Points: 
  • Projects in the Low Emission Fuels and Products technology competition focus on breakthrough technology solutions aligned with one or more of the following technology focus areas:
    Innovative Products from Hydrocarbons:Technologies included in this focus area produce carbon based non-combustion products, such as activated carbon, carbon fibre, and asphalt binders from petroleum and natural gas.
  • Carbon Capture and Utilization:Technologies included in this focus area reduce greenhouse gas emissions by capturing, utilizing and/or converting carbon dioxide.
  • Low-Carbon Intensity Alternatives and New Fuels:Technologies included in this focus area develop products and processes that reduce fuels carbon intensity.
  • Examples include innovative fuels and production of fuels from biogenic feedstocks potentially including waste products, bitumen partial upgrading, or other novel processes.