Published by Todd Bush on October 24, 2024
Technip Energies and Enerkem Inc. Sign Collaboration Agreement to Accelerate Sustainable Fuels and Circular Chemical Products Deployment
Technip Energies (Paris: TE) and Enerkem Inc. announce the official signing of their Collaboration Agreement, solidifying their commitment to accelerate the deployment of Enerkem’s technology converting non-recyclable waste and residues into sustainable fuels and circular chemical products.
Enerkem’s groundbreaking gasification technology caters to hard-to-abate sectors such as aviation and marine fuels, providing sustainable fuel and chemical pathways.
Under the terms of the agreement, Technip Energies and Enerkem will provide everything from strategic plant design and modularized project delivery services to clients.
As Enerkem’s strategic partner, Technip Energies will contribute its expertise in engineering (incl. modularization), technology integration (hydrogen, carbon capture, etc.) and project delivery to support joint development of such projects. The collaboration will focus on strategic efforts to further optimize design elements and industrialize the approach to offer a cost-effective solution.
Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity of Technip Energies, said: “We are pleased to deepen our relationship with Enerkem for the deployment of its technology platform to convert waste into sustainable fuels and chemicals. Together, we will leverage our design and engineering expertise to provide sustainable solutions using non-recyclable wastes as feedstock.”
Michel Chornet, CEO of Enerkem, stated: “We are pleased to expand our collaboration with Technip Energies to accelerate the deployment of Enerkem’s technology in Europe, North America, and the Middle East. Technip Energies’ deep experience in developing and executing projects in the energy transition sector will benefit our clients, helping them get projects to market faster, less expensively, and more efficiently.”
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in LNG, hydrogen, and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry, and CO2 management. The Company benefits from its robust Project Delivery model supported by an extensive Technology, Products, and Services offering.
Operating in 34 countries, our 16,000 employees are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADR”) program, with its ADRs trading over the counter. For further information, visit Technip Energies.
Founded in 2000, Enerkem commercializes its groundbreaking gasification technology transforming non-recyclable waste into advanced biofuels, low-carbon fuels, and circular chemicals for hard-to-abate sectors, including sustainable aviation and marine fuels. Its solution tackles both challenges of waste management and dependency on fossil fuel products while contributing to the development of a circular economy for a sustainable, net-zero-carbon future. For more information, please visit Enerkem.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 OCED Announces up to $1.8 Billion in New Funding for Transformational Direct Air Capture Technologies 🌱 BP Announces Investment Decision for “Lingen Green Hydrogen” Project 🧪 C...
Inside This Issue 🌊 ExxonMobil Partners with Worley for Groundbreaking Blue Hydrogen Facility in Texas 🏗️ Holcim Group to Test Capsol’s Carbon Capture Technology as a Step Towards Decarbonized Cem...
Inside This Issue 💧 Revolutionizing the Green Hydrogen Market: City of Lancaster and City of Industry Launch First Public Hydrogen (FPH2)--the First Public Hydrogen Utility 🌿 Drax and Pathway Ener...
BP Announces Investment Decision for “Lingen Green Hydrogen” Project
bp has announced its final investment decision for the “Lingen Green Hydrogen” project, a major step forward in the industrial-scale development of green hydrogen in Germany. Supported by funding f...
Federal Energy Regulators to Assess Environmental Risks of Funding Northwest Hydrogen Hub
The U.S. Department of Energy is beginning its environmental impact assessment of “clean” hydrogen projects that have been proposed as part of a planned $1 billion in federal funding A year after ...
Advancements in Electrolyzer Technology Could Make Green Hydrogen Viable Sooner Than You Think
Historically, the mass production of green hydrogen has not been viewed as a viable alternative energy solution for our climate crisis. But recent technological advancements in proton exchange memb...
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today opened applications for up to $1.8 billion in funding for the design, construction, and operation of mid- and ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.