Polyethylene is one of the most widely produced plastics in the world
Occidental to utilise carbon dioxide in bioethylene plant
US oil and gas firm to expand partnership with Cemvita Factory to commercialise process
Houston-based oil and gas independent Occidental Petroleum is to help fund and construct a pilot plant to manufacture bioethylene using captured CO2. Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental, and bioengineering startup Cemvita Factory are to scale up a laboratory process that transforms an organic compound, water, CO2 and light into bioethylene. Ethylene is usually produced from a range of hydrocarbon feedstocks. “Process is cost-competitive with other methods” Karimi, Cemvita Factory The plant will produce 12t/yr of bioethylene after starting up in 2022. The firms hope to expand their use of the technology to remove 1bn t of CO2 from the carbon cycle cumulatively b
Also in this section
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
