MOSCOW (MRC) -- Chevron Lummus Global LLC (CLG) and Applied Research Associates, Inc. (ARA) have been awarded a technology contract by ReadiFuels-Iowa, LLC for their renewable diesel and sustainable aviation fuel (SAF) project in Sioux Center, Iowa, according to Hydrocarbonprocessing.
The scope of the project includes the technology license, basic engineering, catalyst supply and proprietary equipment.
The jointly developed CLG and ARA Biofuels ISOCONVERSION technology will help ReadiFuels-Iowa produce sustainable aviation fuel, renewable diesel, and renewable naphtha that are indistinguishable from petroleum-based fuels. The plant will process used cooking oil and distiller's corn oil to produce approximately 36 million gallons of renewable fuels annually. ReadiFuels-Iowa also plans to process yellow grease, brown grease, animal fats, non-food energy crop oils and algal oil in the future while employing the Biofuels ISOCONVERSION technology.
Based on CLG's best-in-class hydroprocessing technology and ARA's patented Catalytic Hydrothermolysis process, the Biofuels ISOCONVERSION process can significantly reduce greenhouse gas emissions when compared to conventional refining processes. In addition, the novel approach produces 100% drop-in fuels from renewable sources that meet petroleum specifications without blending.
As MRC informed earlier, in May 2021, CLG announced the successful startup of a 100% renewable base oil unit in Novvi's Deer Park, Houston facility that employs CLG's patented state-of-the-art ISODEWAXING catalyst and technology. Chevron, one of the joint venture parents of CLG, is an equity partner in Novvi LLC (Novvi), a California-based company that engages in the development, production, marketing, and distribution of high-performance base oils from renewable sources.
We remind that in September 2020, Chevron Phillips Chemical, part of Chevron Corporation, deferred a final investment decision on a USD8 billion joint venture petrochemical complex project along the US Gulf Coast that was expected in 2021. The project, in partnership with Qatar Petroleum (QP), was announced in July 2019. It is slated to include a 2 million mt/year cracker and two 1 million mt/year high density polyethylene (HDPE) plants. The FID delay will also push the original target startup date past 2024.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.
Headquartered in San Ramon, California, Chevron Corporation is the the second-largest integrated energy company in the United States and among the largest corporations in the world. Chevron is involved in upstream activities including exploration and production, downstream activities including refining, marketing and transportation, and advanced energy technology. Chevron is also invested in power generation and gasification processes.
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