Many companies, including U.S. Air Products and UOP, will reduce carbon emissions as an important development opportunity. Some companies will face multi-million dollar fines over their carbon dioxide emission quotas. However, the global emissions trading mechanism is not a partial mechanism. It requires the chemical industry to make concerted efforts to implement it. The chemical sector should play a key role in climate change solutions.
Air Products' aggressive development of emission reduction technologies Air Products is committed to providing large-scale CO2 capture or CO2 reduction technologies for energy industry and chemical companies and other energy-intensive industries. The company is using three technologies to make power plants reduce or avoid carbon dioxide emissions. These technologies include a post-combustion scrubbing system that captures carbon dioxide at the terminals of the power plant's exhaust stacks, as well as pre-combustion gasification technologies that involve carbon dioxide capture and separation.
Air Products’ development opportunities in gasification technology have already emerged. The company has partnered with General Electric to provide air separation units for its Integrated Gasification Combined Cycle (IGCC) power plant in North America. The company also provided oxygen to Eastman Chemical's petroleum coking gasification project in Beaumont, Texas, USA. Eastman plans to capture carbon dioxide in the petroleum coke gasification facility in Beaumont. Air Products Inc. in this project involved supplying oxygen to the device and purchasing hydrogen produced by the device.
Air Products’ third latest technology is oxygenated fuels, which are replaced by pure oxygen instead of air in coal-fired power plants. This allows the exhaust gas to be free of nitrogen and produce a higher concentration of carbon dioxide. Practice has shown that the use of oxy-fuel can produce a rich carbon dioxide flue gas, so that the cost of separating and purifying carbon dioxide is greatly reduced. Air Products is developing proprietary oxy-fuel technology for the capture of carbon dioxide. At present, the technology has been used in small-scale test. Capturing carbon dioxide from large-scale power plants will be a major business project for Air Products. The conversion of 500 megawatts of power plants to oxygenated fuel will require investment of about US$300 million in air separation plants. There are already hundreds of power plants with a capacity of 500 megawatts in the world. Air Products believes that this market will continue to be developed in the next 20 years and will provide important development opportunities for oxygenated fuels and gasification technologies.
Chemical companies cut their emissions by surprise Each Dow Chemical Company is committed to a 10-year commitment to reduce the energy intensity of its manufactured products by 2.5% annually. Reducing CO2 emissions by 50% in 20 years will be a substantial breakthrough.
Dow Chemical and BASF and a range of other chemical companies are also developing chemical-based post-combustion carbon capture technology for power plants. Dow Chemical's carbon dioxide capture technology focuses on post-combustion measures, such as the use of chemicals including amines and alkaline solutions to scrub carbon dioxide from the flue gas.
BASF also partnered with RWE Power and Linde, which are engaged in energy business, to form a joint venture to develop a new process for separating carbon dioxide from other combustion gases from coal-fired power plants. The joint venture will invest 80 million euros in medium-sized installations for the construction and operation of the LWE company Niederaussem to burn lignite in Germany. The medium-sized device will test newly developed gas scrubbing technology and solvents supplied by BASF.
Arkema announced in mid-April that it will reduce its greenhouse gas (GHG) emissions from its Forane 22 production facility in the Changshu production base by burning the HFC 23, a by-product of HCFC 22 production. The project has been recognized by the Executive Board of the United Nations Framework Convention on Climate Change (CDM). The incinerator will be put into use in mid-2008. The project is estimated to reduce emissions by 6 million tons of carbon dioxide equivalent per year. The project is part of Arkema’s sustainable development efforts, which will result in a reduction of GHG emissions by more than 60%.
Air Products' aggressive development of emission reduction technologies Air Products is committed to providing large-scale CO2 capture or CO2 reduction technologies for energy industry and chemical companies and other energy-intensive industries. The company is using three technologies to make power plants reduce or avoid carbon dioxide emissions. These technologies include a post-combustion scrubbing system that captures carbon dioxide at the terminals of the power plant's exhaust stacks, as well as pre-combustion gasification technologies that involve carbon dioxide capture and separation.
Air Products’ development opportunities in gasification technology have already emerged. The company has partnered with General Electric to provide air separation units for its Integrated Gasification Combined Cycle (IGCC) power plant in North America. The company also provided oxygen to Eastman Chemical's petroleum coking gasification project in Beaumont, Texas, USA. Eastman plans to capture carbon dioxide in the petroleum coke gasification facility in Beaumont. Air Products Inc. in this project involved supplying oxygen to the device and purchasing hydrogen produced by the device.
Air Products’ third latest technology is oxygenated fuels, which are replaced by pure oxygen instead of air in coal-fired power plants. This allows the exhaust gas to be free of nitrogen and produce a higher concentration of carbon dioxide. Practice has shown that the use of oxy-fuel can produce a rich carbon dioxide flue gas, so that the cost of separating and purifying carbon dioxide is greatly reduced. Air Products is developing proprietary oxy-fuel technology for the capture of carbon dioxide. At present, the technology has been used in small-scale test. Capturing carbon dioxide from large-scale power plants will be a major business project for Air Products. The conversion of 500 megawatts of power plants to oxygenated fuel will require investment of about US$300 million in air separation plants. There are already hundreds of power plants with a capacity of 500 megawatts in the world. Air Products believes that this market will continue to be developed in the next 20 years and will provide important development opportunities for oxygenated fuels and gasification technologies.
Chemical companies cut their emissions by surprise Each Dow Chemical Company is committed to a 10-year commitment to reduce the energy intensity of its manufactured products by 2.5% annually. Reducing CO2 emissions by 50% in 20 years will be a substantial breakthrough.
Dow Chemical and BASF and a range of other chemical companies are also developing chemical-based post-combustion carbon capture technology for power plants. Dow Chemical's carbon dioxide capture technology focuses on post-combustion measures, such as the use of chemicals including amines and alkaline solutions to scrub carbon dioxide from the flue gas.
BASF also partnered with RWE Power and Linde, which are engaged in energy business, to form a joint venture to develop a new process for separating carbon dioxide from other combustion gases from coal-fired power plants. The joint venture will invest 80 million euros in medium-sized installations for the construction and operation of the LWE company Niederaussem to burn lignite in Germany. The medium-sized device will test newly developed gas scrubbing technology and solvents supplied by BASF.
Arkema announced in mid-April that it will reduce its greenhouse gas (GHG) emissions from its Forane 22 production facility in the Changshu production base by burning the HFC 23, a by-product of HCFC 22 production. The project has been recognized by the Executive Board of the United Nations Framework Convention on Climate Change (CDM). The incinerator will be put into use in mid-2008. The project is estimated to reduce emissions by 6 million tons of carbon dioxide equivalent per year. The project is part of Arkema’s sustainable development efforts, which will result in a reduction of GHG emissions by more than 60%.
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