http://www.hydrocarbonprocessing.com Hydrocarbon Processing Digital Feature: WASCO’s Energy Efficiency Roadmap: Leveraging software and AI for operational excellence http://hydrocarbonprocessing.com/news/2024/10-1/digital-feature-wasco-s-energy-efficiency-roadmap-leveraging-software-and-ai-for-operational-excellence/ This case study details how WASCO introduced an innovative Energy Efficiency Roadmap that uses proprietary simulation software and artificial intelligence to address the critical challenges of operational costs and carbon emissions in an liquified petroleum gas plant. Econic welcomes new investment to accelerate CO₂ polyols and surfactants http://hydrocarbonprocessing.com/news/2024/10-1/econic-welcomes-new-investment-to-accelerate-co2-polyols-and-surfactants/ Econic Technologies, a deep tech company focused on renewable carbon, has closed an equity fundraising round that will accelerate delivery for its customers in the polyols market and support the commercialization of its new carbon dioxide (CO₂) surfactant technology. LYB completes acquisition of solvent-based recycling company APK http://hydrocarbonprocessing.com/news/2024/10-1/lyb-completes-acquisition-of-solvent-based-recycling-company-apk/ LyondellBasell (LYB) has become the full owner of APK AG in Merseburg, Germany. Vietjet operates first flights with SAF supplied by Petrolimex Aviation http://hydrocarbonprocessing.com/news/2024/10-1/vietjet-operates-first-flights-with-saf-supplied-by-petrolimex-aviation/ The first flights using sustainable aviation fuel (SAF) have been successfully refueled in Vietnam today and departed from Tan Son Nhat International Airport in Ho Chi Minh City. Analysts expect EU carbon prices to soar by 2027 http://hydrocarbonprocessing.com/news/2024/10-1/analysts-expect-eu-carbon-prices-to-soar-by-2027/ Analysts expect EU carbon permit prices will soar by 2027 as policy measures shrink supply, while their forecasts for 2025 and 2026 were little changed. Fertiglobe becomes ADNOC’s platform for low-carbon ammonia growth globally http://hydrocarbonprocessing.com/news/2024/10-1/fertiglobe-becomes-adnoc-s-platform-for-low-carbon-ammonia-growth-globally/ ADNOC announced the completion of its acquisition of OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the Company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange (ADX). Neste MY Renewable Diesel to power Verne data centers’ back-up generators in Finland http://hydrocarbonprocessing.com/news/2024/10-1/neste-my-renewable-diesel-to-power-verne-data-centers-back-up-generators-in-finland/ Neste’s renewable diesel helps Verne, a provider of sustainable data center solutions for high intensity computing, to transition its operations from fossil to renewable fuels. Verne's data centers in Helsinki, Pori and Tampere in Finland will use Neste MY Renewable Diesel to power their backup generators. Power2X and Advario to develop world-scale e-SAF hub in the Port of Rotterdam http://hydrocarbonprocessing.com/news/2024/10-1/power2x-and-advario-to-develop-world-scale-e-saf-hub-in-the-port-of-rotterdam/ In partnership, Power2X and Advario are developing a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam. Wood leads project to accelerate CCUS with guidelines for CO2 specifications http://hydrocarbonprocessing.com/news/2024/10-1/wood-leads-project-to-accelerate-ccus-with-guidelines-for-co2-specifications/ Wood, a global leader in consulting and engineering, is leading a Joint Industry Partnership (JIP) to create industry guidelines for carbon dioxide (CO2) specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects. BASF to build world’s largest industrial heat pump for CO2-free steam generation http://hydrocarbonprocessing.com/news/2024/10-1/basf-to-build-world-s-largest-industrial-heat-pump-for-co2-free-steam-generation/ BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s most powerful industrial heat pump.