Pe Wax Extrusion Machine,Pe Wax Making Line,Pe Wax Extruder Line,Wax Production Line ZHANGJIAGANG MYHAL MACHINERY CO.,LTD , https://www.myhalmachinery.com
The chemical industry in various countries actively cools the earth
A report by Reuters on January 3 sparked global attention: British scientists predicted that 2008 would be the coolest year since 2000, yet it still ranked among the top 10 hottest years since 1850. This highlights that global warming is far from over. As the world intensifies its response to climate change, many leading chemical multinational corporations are accelerating their near- and long-term strategies, taking proactive steps to address environmental challenges.
In November last year, Bayer launched the "Bayer Climate Plan," committing to invest €1 billion in research and development between 2008 and 2010 to tackle global warming. The company introduced a new evaluation process called "Climate Change Criteria" for projects exceeding $10 million. Additionally, Bayer MaterialScience pledged to cut greenhouse gas emissions to 75% of 2005 levels by 2020, while Bayer HealthCare and Bayer AG aim to reduce their emissions to 95% and 85% of current levels, respectively, by the same year.
In December, Dow Chemical joined the climate initiative, promoting practical policies to combat climate change while maintaining profitability. The company emphasized its commitment to using chemical innovation to address global climate issues, pledging to stabilize its absolute CO2 emissions by 2025 and achieve at least 50% of energy from renewable or carbon-free sources by 2050.
Technical support from the chemical industry plays a crucial role in cooling the planet. From corporate research centers to university labs, innovations in chemistry are helping to develop solutions for climate challenges.
BP recently launched a "Carbon Emissions Calculator," aiming to engage individuals in reducing their carbon footprint through an intuitive and user-friendly platform. The tool helps users calculate CO2 emissions from daily activities and offers practical tips for lowering them.
Researchers at the Norwegian University of Science and Technology have developed a low-cost nanostructured plastic film capable of separating CO2 from power plant exhaust. This technology could significantly reduce the cost of CO2 capture and will be tested at four European power plants in the next five years.
At Sandia National Laboratories, scientists have designed high-efficiency chemical reactions that can convert CO2 into liquid fuels. Using solar-driven processes, they produce carbon monoxide and hydrogen, which are then combined to create hydrocarbon fuels. A prototype is expected this spring, with the goal of developing scalable solar reactors for large-scale fuel production.
Capturing CO2 from the atmosphere remains costly, but researchers at Columbia University have proposed a method to reduce energy consumption in the process. Field tests are planned for May, aiming to improve the efficiency of carbon capture technologies.
CO2 capture and geological storage are seen as key strategies in the fight against climate change. In early 2023, Air Liquide and Total announced a partnership to implement a new oxygen combustion technology at the Lacq industrial site in France. Over the next two years, more than 150,000 tons of CO2 will be injected into deep natural gas wells. This project marks a significant step in carbon sequestration efforts.
BP and Rio Tinto also formed a joint venture focused on decarbonization, converting fossil fuels into hydrogen and capturing CO2 for underground storage. Powerspan USA has developed an ECO2 capture process using aqueous ammonia to extract CO2 from power plant emissions, a technology being commercialized for coal-fired plants.
Moreover, utilizing captured CO2 to produce chemical products is proving to be a win-win solution. Mitsubishi Heavy Industries transferred its CO2 recovery technology to Gulf Petrochemicals in Bahrain, enabling the company to boost urea and methanol production. The facility, scheduled to be completed by January 2010, will capture 450 tons of CO2 daily, demonstrating the potential of carbon utilization.