Hydrogen – Plant Nonwoven – TiO2 19-05-2023
Hydrogen – Plant Nonwoven – TiO2
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-TiO2 specialist Venator files for bankruptcy protection
Titanium dioxide (TiO2) producer Venator has filed for Chapter 11 bankruptcy protection in the US after reaching an agreement with the majority of its shareholders for a recapitalisation plan, the UK-headquartered firm said on Monday.
The producer, which reported a $228m loss in the closing three months of 2022 on lower demand and higher costs, intends to recapitalise through
“We have faced unprecedented economic headwinds, including significantly lower product demand and higher raw material and energy costs in the second half of 2022,” Turner added.the Chapter 11 filing, financed by a debtor-in-possession (DIP) financing facility, including a $275m commitment for fresh financing from its creditors.
If the plan receives US court approval it will be set to equitise “nearly all” of the company’s debt, Venator said in a statement on Monday. Hydrogen – Plant Nonwoven – TiO2
“The agreement we have reached with our lenders on a recapitalisation plan will significantly reduce Venator’s debt burden,” said Venator CEO Simon Turner.
Venator has struggled to maintain competitiveness for an extended period, reporting a 41% year on year drop in TiO2 revenues in the fourth quarter of 2022 due to lower demand and currency headwinds, and projecting that conditions would deteriorate further during the first quarter 2023.
The company had suspended operations at its Duisberg, Germany, TiO2 plant in the fourth quarter, citing unsustainably low contribution margins. The company moved to restart the site in February, but noted that it may not be economically viable to continue production long-term.
The company expects to remain in possession and control of its assets during the Chapter 11 process, with operations expected to continue as normal for the duration of the process.
-Reduced hydrogen gas leakage: Graphene polymers for the hydrogen industry
Graphmatech, a partner of the Graphene Flagship project, is developing thermoplastic masterbatches containing graphene, which have substantial implications for hydrogen storage and transportation. The use of graphene in manufacturing innovative composite materials holds great promise in enabling safe and efficient storage and transportation of hydrogen.
Graphmatech AB, a Swedish materials technology company, has recognized the potential of graphene and has been working on thermoplastic masterbatches infused with graphene. These masterbatches are specifically designed for the production of products like pressure vessel liners used in hydrogen storage. Niclas Westerlund and Torkel Nord Bjärneman, representatives of Graphmatech, expressed their optimism about the high-density polyethylene (HDPE) masterbatch, which has the potential to revolutionize the plastics industry. Hydrogen – Plant Nonwoven – TiO2
According to Niclas Westerlund, the challenge with hydrogen storage lies in its tendency to escape through materials, leading to leakage. HDPE is commonly used as a gas barrier layer for pressure vessels, but it suffers from permeation issues. Although polyamide is an alternative, it is more expensive and harder to process compared to polyethylene. By incorporating graphene into virgin polyethylene and other plastics, Graphmatech has found that the permeability of these materials decreases, offering new opportunities in the hydrogen economy.
Graphmatech has collaborated with ST BlowMoulding, an industrial partner, to explore the use of nanotechnologies in the blow moulding industry, which involves manufacturing hollow plastic parts such as liners for pressure vessels. ST BlowMoulding recognizes the challenge of creating impermeable liners for hydrogen and is enthusiastic about collaborating with Graphmatech to stay updated with market needs and innovations.
Marco Solinas, Global Product Manager at ST BlowMoulding, highlights the significance of graphene’s barrier properties and its conductivity. Ensuring the safe storage and transportation of gases like hydrogen is crucial, and graphene shows potential in addressing this concern. Additionally, customers in the chemical container industry increasingly demand conductive plastics to prevent electro-static charges that could cause explosions. Graphene, with its conductivity, could serve as a cost-effective alternative to expensive additives like silver compounds. Hydrogen – Plant Nonwoven – TiO2
The growing presence of graphene in the hydrogen industry is a cause for celebration, offering a bright future in the transition to greener economies.
-Power giant hits gas with NEV hydro technology
Power titan accelerates progress with NEV hydro technology State Power Investment Corp has pledged to intensify investment in hydrogen-fueled new energy vehicles (NEVs) to further advance the widespread adoption of fuel cell passenger vehicles, a trend that has gained momentum in recent years in China.
State Power Investment Corp Hydrogen Energy Tech has committed to investing 1 billion yuan ($140 million) in cutting-edge high-power density fuel cell reactors and engine technology for passenger vehicles over the next five years.
Chen Ping, the technical director of the company, made this announcement during the launch event of Hydrofore-S, a fuel cell product for passenger vehicles, held in Beijing on Wednesday.
The company also intends to strengthen collaborations with automotive conglomerates in China, including China FAW Group Co Ltd, one of China’s oldest and largest vehicle manufacturers. Hydrogen – Plant Nonwoven – TiO2
The initial batch of Hydrofore-S products will be incorporated into Hongqi H5 sedans, with plans to expand to more models in the future, as stated by Chen Ping.
It is anticipated that the Hydrofore-S fuel cell product will be utilized in 10,000 sedans within the next five years.
This achievement will not only help break the monopoly of foreign technology but also mark a comprehensive breakthrough in independent fuel cell and engine systems for passenger cars and large-scale industrial processes, according to Chen Ping.
Recognizing green hydrogen as an inevitable choice for achieving green and low-carbon development, Hydrogen Energy Tech’s parent company, State Power Investment Corp, one of the world’s top five power generators, has officially entered the hydrogen-powered passenger car sector for the first time.
Previously, all of its hydrogen fuel cell products had been used exclusively in long-distance buses.
An industry analyst noted that China, as the world’s largest hydrogen producer, has actively been developing hydrogen-powered passenger vehicles in recent years.
This includes the implementation of supportive policies and subsidies for fuel cell vehicle purchases, as well as the construction of hydrogen refueling stations.
Furthermore, numerous domestic automakers in China have invested in the research and development of hydrogen-powered passenger vehicles, according to Lin Boqiang, the director of the China Institute for Studies in Energy Policy at Xiamen University.
Although the market share of hydrogen fuel cell vehicles in China is still relatively small due to the higher cost of fuel cell technology and the limited infrastructure, such as hydrogen refueling stations, it is expected to grow steadily in the forthcoming years.
This growth will be facilitated by government support and the endeavors of domestic automakers, Lin Boqiang emphasized. Hydrogen – Plant Nonwoven – TiO2
According to a plan jointly released by the National Development and Reform Commission and the National Energy Administration in March, China is projected to have around 50,000 fuel cell vehicles on its roads by 2025.
The China Hydrogen Alliance estimates that China’s hydrogen energy market will reach 43 million metric tons by 2030, with the proportion of green hydrogen rising from 1 percent in 2019 to 10 percent.
-Tesla is pushing the accelerator, signaling the potential demise of conventional engines for Elon Musk
The innovative CEO of Tesla has initiated his campaign against “traditional” vehicles with the aim of dominating the global stage through electric cars, effectively rendering internal combustion engine vehicles obsolete.
Tesla has declared war on cars powered by internal combustion engines. Elon Musk, the visionary leader of Tesla, an American company specializing in the production of electric vehicles, has a not-so-hidden objective of achieving market dominance worldwide, dealing a decisive blow to the fossil fuel sector. This strategy has already proven successful, as zero-emission vehicles are experiencing significantly favorable sales figures in 2023, setting a promising trajectory for the future.
Several Tesla models have garnered exceptional popularity among motorists. Among them, the Tesla Model Y stands out as the best-selling car in Europe during the first quarter of 2023. It is highly likely that the Tesla Model Y will continue its reign as the world’s best-selling car throughout 2023. As a result, the company aims to increasingly undermine the sales of their competitors, starting with vehicles equipped with internal combustion engines. Hydrogen – Plant Nonwoven – TiO2
Elon Musk’s objective
Musk’s intentions were primarily revealed through a slide presented during a video conference with Tesla executives in Europe. The slide boldly proclaimed, “This year we eradicate the ICE.” In this context, ICE does not refer to frozen water, but rather serves as an acronym for “Internal Combustion Engine,” the term used to identify traditional vehicles equipped with heat engines.
Europe presents an ideal battleground for Musk’s ambitions. Unlike other markets that have adopted electric cars more rapidly, the continent has yet to fully embrace this new technology. This explains Tesla’s strategic move to reduce the prices of their best-selling models. Europe represents a significant growth opportunity, and the continuous price reductions serve as a clear indication of this. While Tesla’s main production facility is the renowned Giga Berlin, located in Grünheide, Brandenburg, they have established delivery centers, showrooms, and sales outlets across the continent. Hydrogen – Plant Nonwoven – TiO2
Expanding both market share and production capacity is essential for Tesla’s success. Therefore, it is likely that the company will establish new factories in the coming years to manufacture their future vehicles, thereby penetrating deeper into the European market. However, breaking the stronghold of internal combustion engine vehicles in Europe is a challenge, particularly in countries like Italy where zero-emission cars have not yet gained significant traction due to inadequate infrastructure and high prices.
Consequently, Tesla’s strategy will involve further price reductions for their best-selling models, such as the Model 3 and Model Y. This strategic move aims to increase Tesla’s market presence in Europe, although achieving these goals within a few years seems challenging, and Musk’s project may be seen as overly ambitious for now.
-ITMA 2023 Exhibitor Preview: Goller To introduce Oxidator Module
Goller, a member of the CHTC Fong’s Group, will introduce its new highly efficient Oxidator module for woven fabrics at ITMA 2023 in Milan from June 8-14, at stand B106 in Hall 18.
The interchangeable modular design of the new Oxidator washing compartment enables it to be interchanged to meet the demands of differing fabric qualities and washing requirements, extending the life of the machine.Hydrogen – Plant Nonwoven – TiO2
It combines powerful spray washing and up-down roller washing to achieve an excellent cleaning effect, while accommodating 25% more fabric content than a conventional drum washer.
The Oxidator enables multi-power spraying at adjustable angles with high circulation of the water for excellent washing efficiency, automatic cleaning of the squeezer and filter and automatic tension control.
It is suitable for all kinds of woven fabric.
Goller continuous dyeing and wet finishing units are manufactured at the plants of Fong’s in Germany and China.
The design and development centre in Germany designs tailor-made solutions for customers based on a modular combination of different compartments depending on the process, fabric and production speed.
The company has been producing machines for over a century and can draw on comprehensive knowledge in the field of the continuous treatment of textile materials when designing bespoke customer solutions. Hydrogen – Plant Nonwoven – TiO2
In addition to innovative ideas in the development of machines, design based on experience, experimental field tests and the detailed development of the different modules, Goller’s engineers can help to reduce energy and water during production on continuous wet finishing plants.
-ECOFUSE™ Plant Based Nonwoven Materials Expected to Reduce GHG Emissions by approximately 3,750 MT CO2 Per Year, Growing to Over 10,000 MT CO2 by Year 2030
Roswell Textiles provides update on the carbon emission reduction potential of its flagship plant based nonwoven materials known as ECOFUSE™.
Roswell Textiles announces that its proprietary biopolymer nonwoven materials, sold under the brand name of ECOFUSE™, are expected to reduce total GHG emissions by 3,750 MT CO2 per year, growing to over 10,000 MT CO2 by year 2030 as increased adoption is achieved. ECOFUSE™ technology is expected to initially reduce 1,500 MT CO2 in the Energy Sector with proprietary water filtration bags that are used in industrial water processing, 1,500 MT CO2 in the food and beverage industry by replacing synthetic polypropylene-based materials, 400 MT CO2 in the HVAC filtration industry and 350 MT CO2 in the Healthcare industry. Hydrogen – Plant Nonwoven – TiO2
3,750 MT CO2 is a significant amount of carbon emissions. Here are some examples to help visualize how much CO2 that is:
The average commercial flight produces around 0.11 MT CO2 per hour per passenger. 3,750 MT CO2 is equivalent to the emissions from approximately 34,000 passenger hours of air travel (that’s about 3.88 years of continuous flying).
The average passenger car emits around 4.6 metric tons of CO2 per year. 3,750 metric tons of CO2 is equivalent to the annual emissions of approximately 815 passenger cars.
It’s about the emissions of 194,000 propane cylinders used for home barbeques.
It’s about 38.1 acres of forest preserved from deforestation. Hydrogen – Plant Nonwoven – PET
-PET Baltija is in the process of developing one of the largest PET recycling facilities in Europe through an investment of €35 million
The project, scheduled for completion by the end of Q1’2024, involves the construction of a state-of-the-art PET recycling factory in Olaine, Latvia.
PET Baltija, a prominent PET recycling company in Northern Europe and a division of Eco Baltia, the largest waste management and recycling conglomerate in the Baltics, has partnered with Piche, a renowned industrial park developer in Latvia, to realize this endeavor.
The ambitious venture, financed by the INVL Baltic Sea Growth Fund, aims to establish a cutting-edge production plant spanning approximately 30,000 square meters of indoor space, encompassing manufacturing facilities, office areas, and shared amenities. The outdoor premises will cover an additional 40,000 square meters.
Concurrently, PET Baltija’s current facility in Jelgava will be gradually relocated to the new site in Olaine. Hydrogen – Plant Nonwoven – TiO2
The ultimate goal of this development is to expand the production capacity of food-grade rPET pellets and create favorable conditions for the company’s future growth.
The commencement of the construction phase was celebrated in early May, with the installation of the initial production equipment in one of the completed areas.
The chosen supplier for the recycling equipment is Starlinger, a renowned Austrian manufacturer specializing in recycling technologies.
Starlinger’s advanced equipment is deployed in only two other European plants and ten globally, solidifying PET Baltija’s position as one of the most technologically advanced PET recycling factories in Europe and worldwide.
Piche, a leading industrial building developer in Latvia, is responsible for the realization of this extensive project, which represents one of their largest and most intricate undertakings of the year.
n line with the sustainability initiatives of Eco Baltia and PET Baltija, the new facility will adhere to the Breem sustainable construction standard and operate entirely on renewable energy sources.
Notably, the factory will incorporate innovative wastewater treatment systems to minimize the use of chemical substances and an air recuperation system to repurpose excess heat energy generated during the PET melting process for building heating.
The well-being and working conditions of employees are also prioritized, with a focus on maintaining high safety standards and providing ergonomic and comfortable workspaces, as well as communal and recreational areas. Hydrogen – Plant Nonwoven – TiO2
PET Baltija’s relocation from Jelgava to Olaine will occur in several stages, with the transition expected to be completed by the end of Q1’2024, resulting in the creation of over 250 jobs at the new facility.