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ExxonMobil and FuelCell Energy expand carbon capture agreement

November 07/2019

MOSCOW (MRC) -- ExxonMobil and FuelCell Energy have signed a new two-year expanded joint development agreement to enhance carbonate fuel cell technology in order to capture carbon dioxide (CO2) from industrial facilities, said Gasworld.

Worth up to USD60m, the agreement will focus on optimising the core technology, process integration and large-scale deployment of carbon capture solutions.

FuelCell Energys technology uses carbonate fuel cells to capture and concentrate CO2 stream from large industrial sources. Combustion exhaust is directed to the fuel cell which produces power while capturing and concentration CO2 for permanent storage.

ExxonMobil and FuelCell Energy have been working together since 2016 with a focus on carbonate fuel cells and how to increase efficiency in separating and concentration CO2 from the exhaust of natural gas-fuelled power generation.

As MRC informed before, in September 2019, ExxonMobil announced plans to spend GBP140 million over the next two years in an additional investment program at its Fife ethylene plant, which has a capacity of more than 800,000 t/y.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,436,390 tonnes in the first eight months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the PP consumption in the Russian market was 909,260 tonnes in January-August 2019, up by 10% year on year. Shipments of PP block copolymer and homopolymer PP increased.

ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.


mrcplast.com
Author:Anna Larionova
Tags:PP, PE, ethylene, propylene, Exxon Mobil.
Category:General News
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