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Rolls-Royce partners with Shell in sustainable fuel

July 06/2021

MOSCOW (MRC) -- British engineering company Rolls-Royce said it would partner with oil company Shell to work on the development of sustainable aviation fuel (SAF) in line with both their plans for net zero emissions by 2050, said Reuters.

The pair signed a memorandum of understanding (MoU) which Rolls-Royce said would help with plans to certify 100% SAF for use in planes. In the aviation sector, its biggest business, Rolls-Royce plans to make all its commercial engines compatible to run on 100% SAF, which produces up to 70% less carbon than conventional fuel, by 2023.

The challenge for SAFs is that there is a shortage of supply, which the Shell partnership could help address. "We believe that working together on these aims can deliver benefits for both the development of new innovations as well as collaborating to find ways to unlock the net carbon emissions reduction potential of technology that is already in use today," he said.

As MRC informed previously, in late May, 2021, Shell agreed to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos (Pemex) for about USD596 million. And in early May, Shell announced the sale of its 149,000 barrel per day (bpd) refinery in Washington to Hollyfrontier Corp.

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.

Royal Dutch Shell plc is an Anglo-Dutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the biggest company in the world in terms of revenue and one of the six oil and gas "supermajors". Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, neftegaz, petrochemistry, Shell.
Category:General News
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