Methanex To Acquire OCI Global’s Methanol Business
Canada-headed Methanex Corporation (Methanex), the world's largest methanol producer has announced that it has entered into a definitive agreement to acquire OCI Global’s (OCI) international methanol business for US$2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas (TX), one of which also produces ammonia. The transaction also includes a low-carbon methanol production and marketing business and a currently idled methanol facility in the Netherlands.
According to a statement, OCI’s methanol business enhances Methanex’s asset portfolio with highly attractive assets in a low-risk jurisdiction that has an ample and economic supply of feedstock natural gas.
FortisBC Issues Request for Expressions of Interest for Biomass and Biogas Power Capacity
FortisBC is issuing a Request for Expressions of Interest (RFEOI) for additional power to meet its customers’ growing energy needs and support economic growth in B.C.’s Southern Interior region.
As the company identifies promising projects, FortisBC said it will work with power providers to bring these new projects online and increase the amount of electricity available for its customers.
Gevo To Acquire Red Trail Energy Assets in North Dakota
Gevo, Inc., a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that it has entered into a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy, LLC for $210 million.
Amp Americas Dairy RNG Projects Have Reduced More Than 2 Million MT of CO2e
Amp Americas, a leading dairy methane capture and renewable natural gas (RNG) company, today announced that its projects have reduced more than 2,000,000 metric tons (MT) of carbon dioxide equivalent (CO2e) emissions since 2012 – equivalent to the emissions of more than five natural gas-fired power plants in one year.
Amp Americas partners with dairy farmers across the United States on projects that reduce methane emissions from dairy waste. Methane is a potent greenhouse gas – 84 times more powerful than carbon dioxide in driving global warming over a 20-year time span. Amp Americas provides an immediate, measurable and at-scale solution to methane emissions by capturing methane on dairy farms that would otherwise be released into the atmosphere. Dairy RNG also reduces the cost of managing dairy waste and produces digestate that can be used as fertilizer.
Maersk Starts To Dive In on Volumes of Biomethane and E-Methane for Fuel
Danish liner giant AP Moller-Maersk is looking at how to access bio-LNG and e-LNG as it prepares to grow a new LNG dual-fuelled container ship fleet.
In a session at the TradeWinds Shipowners Forum Germany 2024 at SMM week in Hamburg, Maersk head of fuel transition and infrastructure Sameer Bhatnagar said: “We have been in active discussions in sourcing e-methane and biomethane."
Avista Issues Request for Proposals for Renewable Natural Gas
Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) resources for its customers over the long term. RNG is derived from organic waste streams that would otherwise release methane to the environment as they decompose. These sources include, for example, landfills, wastewater treatment plants, food waste and dairy waste. RNG is produced by capturing that methane that would otherwise escape to the atmosphere and purifying it to make it very similar to conventional natural gas.
Dutch Company OCI Global To Double Its Green Methanol Capacity in US
Dutch company OCI Global is to double its green methanol production capacity in the US to 400,000 tonnes per year ahead of 2025. According to the company, demand for green methanol from high-emissions industries will grow by more than six million tonnes by 2028.
The green methanol will come from a mix of renewable feedstocks including renewable natural gas (RNG), green hydrogen and other over-the-fence feedstock partnerships, according to OCI. The product will principally be used as a fuel blend in place of petrol, used for shipping and heavy industry.
High Hopes, Hurdles For US Trash-to-Gas Buildout
Landfills are producing a tiny but fast-growing volume of renewable natural gas (RNG) in the US and Canada, with exponential growth on the horizon if the industry can overcome cost and policy challenges.
Primoris Services Corporation and Venture Engineering & ConstructionEnter Teaming Agreement
Primoris Services Corporation and Venture Engineering & Construction announced they have entered a strategic teaming agreement aimed at pursuing emerging opportunities in the renewable energy, general industrial, and associated gas processing facilities markets. The partnership combines the respective strengths of both companies to offer comprehensive, innovative, and integrated engineering, procurement, and construction solutions that emphasize safety, quality, and efficiency.
“We’re pleased to partner with Venture in this capacity – this is an exciting collaboration that aligns with the strategic vision and capabilities of our companies,” said Jeremy Kinch, President of Primoris’ Energy segment. “Together, we’ll be able to provide our clients with elevated offerings, impactful solutions, and exceptional service, driving mutual success and delivering outstanding value.”
Verbio Showcases Green Energy Technology at Farm Progress Show 2024
Bioenergy on a next level: Verbio is showcasing its technology and competencies in creating green energy and organic fertilizers at this year`s Farm Progress Show from August 27 – August 29 in Boone, Iowa. In particular, the company, which is a subsidiary of Europe`s leading biofuels and bioenergy producer Verbio SE, is demonstrating how to make renewable natural gas from ag residues to visitors at booth #VITE 8314.
The trade show is the largest outdoor farming event in North America with over 600 exhibitors and approximately 150,000 visitors every year. Attendees can learn about Verbio`s sustainable technology of converting corn stover to renewable natural gas (RNG). Additionally, the Verbio agronomy team is featuring the company`s stover harvest and grain buying processes, along with samples of its organic fertilizer products.