Page 176 - CW E-Magazine (13-8-2024)

News from Abroad News from Abroad

LOWERING CARBON INTENSITY TRADE MEASURE
CF Industries inks carbon sequestration deal South Korea imposes provisional anti-dumping

with ExxonMobil duties on Chinese PET resins

American fertiliser firm, CF ducts manufactured with a lower South Korea has imposed provi- prices, harming the local in-
Industries, said it is moving forward carbon intensity is expected to sional anti-dumping duties on the dustry. The preliminary ruling
with a carbon capture and sequestra- increase signifi cantly as the agri- import of PET (polyethylene terephtha- on 30th May 2024, supported
tion (CCS) project at its Yazoo City, culture and mining industries late) resins from China. This decision these claims, leading to the
Mississippi Complex, that is expec- work to lower carbon emissions is effective immediately and last until recommendation for provi-
ted to reduce carbon dioxide (CO ) in their supply chains. 29th November 2024. sional duties.
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emitted to the atmosphere from the
facility by up to 500-ktpa. As part of The Yazoo City CCS project The anti-dumping investigation, ini- This move is part of a
the project, the company has signed a represents CF Industries’ second tiated by the South Korea Trade Com- broader trend of protective
defi nitive commercial agreement with major decarbonisation project mission in January this year, followed measures against the import
ExxonMobil for the transport and Once sequestration has begun, the leveraging CCS technologies, a petition from TK Chemical Co., Ltd., TK Chemical alleged that Chinese PET of Chinese PET resin, refl ecting similar
sequestration in permanent geologic Yazoo City Complex will be able to as well as its second CCS project a prominent South Korean company. resins were being sold at unfairly low actions by the US, Japan, and Europe.
storage of the CO . Sequestration is manufacture products with a substan- with ExxonMobil. The companies
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expected to start in 2028. tially lower carbon intensity than con- are progressing a CCS project at CF
ventional ammonia production sites. Industries’ Donaldsonville, Louisiana, C2 Pharma receives CEP approval for tropicamide
CF Industries will invest approxi- Most of the ammonia produced at the facility that will sequester up to
mately $100-mn into its Yazoo City Yazoo City Complex is upgraded into 2-mtpa of CO that would otherwise Ireland-based supplier of ophthalmic the company’s portfolio in October of
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Complex to build a CO dehydration nitrogen fertilisers such as urea am- have been emitted to the atmosphere. and niche active pharmaceutical 2022.
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and compression unit to enable up to monium nitrate (UAN) solutions and Sequestration for the Donaldsonville ingredients (APIs), C2 Pharma, has
500-ktpa of CO generated as a by- ammonium nitrate (AN), or upgra- project is expected to begin in 2025. announced the approval of a Certifi cate “This is our 11th approved CEP
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product of ammonia production and ded into diesel exhaust fl uid, which is of Suitability (CEP) for tropicamide in 10 years and further solidifi es our
subsequently captured to be trans- used to reduce NOx emissions from Implementation of the Donald- by the European Directorate for the reputation for delivering high-quality,
ported and stored. Once sequestra- diesel trucks. AN produced at Yazoo sonville and Yazoo City CCS projects Quality of Medicines and Health Care ally,” the company informed in a press compliant pharmaceutical ingredients
tion by ExxonMobil has commenced, City is used as fertiliser and also by will allow CF Industries to achieve (EDQM). note. Tropicamide is used in eye exams C2 Pharma is ready to support Tropic-
CF Industries expects the project to the mining industry as a component the company’s 2030 emissions inten- and ophthalmic procedures to induce amide across global markets, includ-
qualify for tax credits under US laws. of explosives. Demand for these pro- sity reduction goal. “This is the fi rst tropicamide CEP temporary mydriatic (pupil dilation) ing the US, where the DMF has been
for a European-based company, allow- and cycloplegic effects (paralysis of available for reference since April 18,
SPECIALTY COATINGS & ADHESIVES ing C2 Pharma to make the API com- the lens and pupil). Tropicamide, manu- 2023,” said Mr. Andrew Badrot, CEO
Arkema sets up new innovation lab in Japan mercially accessible to customers glob- factured by Laurus Labs, was added to of C2 Pharma.

French chemicals supplier, Arkema, energies, building effi ciency Flexsys to increase prices for insoluble sulphur,
has announced the addition of new and e-mobility markets.
lab at the Arkema Kyoto Technical 6PPD and 4-ADPA products
Centre (KTC) in Japan focussing on “This expansion will
ultraviolet-light-cured (UV-cured), strengthen the development of US-based rubber chemicals sup- will help offset the effects
light emitting diode (LED-cured) and Arkema’s portfolio of solutions plier, Flexsys, is increasing prices of continued infl ationary
electron-beam-cured (EB-cured) tech- synergies and innovation; as for all insoluble sulphur, 6-PPD pressures on the business.
nologies. well as to promote Sartomer (N-(1,3-dimethylbutyl)-N’-phenyl- Flexsys also informed
UV-LED and EB curing tech- p-phenylenediamine) and ADPA about significant invest-
The company said the lab will help nologies, which are very low (4-Aminodiphenylamine) products ments being made in deve-
address customer needs for UV/LED/ VOC and lower carbon inten- sold worldwide, effective for all depending on product and world loping a next generation anti-degradant
EB curable resins and additives for sive, in Japan,” said Mr. Shinichi shipments on or after September 1, region. as a replacement for 6-PPD to respond
speciality coating and adhesive appli- Sato, President & Represen- 2024, or as customer contracts allow. to customers’ requests for a more sus-
cations for advanced electronics, new tative Director Arkema K.K. The price increase will be up to 12% The company said the price increase tainable antidegradant for tyres.

176 Chemical Weekly August 13, 2024 Chemical Weekly August 13, 2024 177

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