Weekly News Roundup

In this week’s news – more opportunities in emissions reduction technology; solar investments going strong (I think I mentioned that for the past few weeks); and new advances in green chemical processing.

Certifiably 100% green
Independent testing laboratory Beta Analytic has certified that Braskem’s new green butene is 100% made from renewable raw materials. The Brazilian chemical company said they are the first to manufacture linear polyethylene made from 100% renewable raw materials.

Waste-based steam is hot
California oil and gas producer Aera Energy will be using biomass-based steam produced by Global Greensteam LLC, for enhanced oil recovery operations replacing Aera’s steam generated by natural gas fired units. Operation is scheduled to begin in late 2008.

China brightens Korea
Chinese photovoltaic (PV) manufacturer Yingli Green Energy enters Korean market through new sales contracts with renewable energy company Korea Electric Power Industrial Development Corp., and Kaycom Corp., a distributor of electronic components and PV devices.

Germany’s slimming PVs
MALIBU, a joint venture of Schuco International KG and energy giant E.ON will start producing thin film photovoltaic modules in its new $135m facility in Magdeburg, Germany, in the fourth quarter this year.

Emitting potential profits
Fuel Tech and environmental services provider Chem-Mod have joined to market their combined technologies in reducing sulfur dioxide, mercury and other heavy metals emissions from coal-fired utility and other industrial plants. The companies expect their technologies to lower ongoing costs associated with prospective emission reduction programs.

More aluminum recycling
Aluminum producer Hydro is investing EUR 14.3m ($22.4m) in a new aluminum recycling furnace in Germany with a capacity of 50,000 tonnes/year. The recycling plant will start producing in 2010. Hydro said most aluminum fabricated in Europe is already recycled metal.

And in ICIS news (which requires subscription):
Dow Chemical said the outlook for renewable monopropylene glycol is dimming on the back of high-priced glycerine. A producer of methyl methacrylate (MMA) noted the increase demand from paint manufacturers for acrylic-based paints as alternative to vinyl-based formulas. The Canadian government fined Suncor Energy $200,000 for two chemical leaks at its Sarnia refinery in 2006.



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