Page 162 - CW E-Magazine (22-10-2024)

News from Abroad

TECHNOLOGY DEVELOPMENT PARTNERSHIP
Honeywell and SGP Bioenergy join hands to develop

plant-based biochemicals

Honeywell and US-based renewable Solutions. “By using hemp and other
energy company, SGP BioEnergy, non-edible feedstocks to produce these
are working together to develop new, important chemicals, Honeywell and
scalable technology to convert industrial SGP BioEnergy are helping to reduce
hemp and other plant-based material the world’s reliance on fossil fuels
into biochemicals. without impacting the food chain,” he
added.
As part of this collaboration, Honey
well will develop the new technology products manufactured for the global Mr. Randy Delbert Letang, founder,
that enables plant material to be used as OEM markets. President and CEO of SGP BioEnergy,
feedstock for biochemical production added, “Honeywell’s leadership, techno-
on an expanded scale. SGP BioEnergy To ensure safe and efficient unit logical renown and commitment to
will provide the infrastructure, work- operations, Honeywell will provide accelerating the energy transition made
force and second-generation feedstock, ongoing operational support and work- it a perfect partner for this initiative
including industrial hemp, for this ini- force training for the team at SGP Bio- given our ‘Zero Waste Ecosystem’ model
tiative through its “Ready.Grow.” pro- Energy. “Honeywell is committed to and continued efforts towards decar-
gramme. This programme is a global developing innovative solutions to help bonisation.” SGP BioEnergy’s $7.7-bn
bioenergy feedstock development sys- enable the energy transition. This cut- Golden City Biorefinery being deve-
tem delivering low-carbon-intensity ting-edge technology will enable the loped in Panama, is designed to produce
feedstocks with end-to-end traceability, production of a variety of petrochemi- 180,000 barrels per day of advanced
sustainable certification using ISCC, cal alternatives using second-genera- renewable fuels, including Sustainable
and other best practices. SGP intends tion feedstocks,” said Mr. Bryan Glover, Aviation Fuel (SAF), renewable diesel
to utilise these feedstocks to produce chief technology and growth officer of for marine and road, and low-cost green
advanced biofuels, green hydrogen, and Honeywell Energy and Sustainability hydrogen, among other fuels.

Mitsubishi Electric and VTT to develop technology

for direct capture of CO from oceans
2
Japan’s Mitsubishi Electric Corpo- which will help eliminate ocean acidi- beyond the boundaries of its existing
ration has announced that it signed a fication and thus contribute to carbon businesses and organisations, with the
memorandum of understanding (MoU) neutrality and other nature-positive aim of creating and strengthening syner-
with VTT Technical Research Centre outcomes. gistic businesses to grow the com-
of Finland Ltd., headquartered in pany while enriching society and the
Espoo, Finland, to collaborate on the Ocean acidification, which refers environment. The company has set a
development of key nature-positive tech- to the ongoing decrease in ocean pH goal of zero emissions of greenhouse
nologies, which are initially expected due to the absorption of CO from the gases throughout its value chain by
2
to include direct ocean capture (DOC) atmosphere, is causing seawater to the fiscal year ending March 31, 2051,
technology for the direct removal of become more acidic, threatening marine based on which it is pursuing techno-
CO from seawater. ecosystems and significantly impacting logical innovation to reduce CO emis-
2 2
economic activities such as fishing sions. To help minimise global climate
Together with VTT, Mitsubishi industry. Mitsubishi Electric has change, Mitsubishi Electric now aims
Electric aims to develop DOC, one of made sustainability a cornerstone of to actively remove and capture CO 2
carbon dioxide removal (CDR) tech- its business. The company is promoting through its development of CDR tech-
nologies to remove CO from oceans, comprehensive strategic initiatives nology.
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162 Chemical Weekly October 22, 2024

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