Mastodawn

CraigOfWaffles Feb 4, 2025

Air Products names Eduardo Menezes CEO
The change affirms the recent victory of activist investor Mantle Ridge over former CEO Seifi Ghasemi

Seifi Ghasemi is out as the CEO of Air Products and Chemicals less than 2 weeks after losing control of the board at the industrial gas firm’s annual shareholder meeting. The new board named Eduardo F. Menezes CEO, effective today.
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https://www.forth.news/threads/67a27c87642d4b379aed2f06

Activists complete win at Air Products & Chemicals | Forth

Air Products names Eduardo Menezes CEO The change affirms the recent victory of activist investor Mantle Ridge over former CEO Seifi Ghasemi Seifi Ghasemi is out as the CEO of Air Products and Chemicals less than 2 weeks after losing control of the board at the industrial gas firm’s annual shareholder meeting. The new board named Eduardo F. Menezes CEO, effective today. Menezes, 61, has worked in the industrial gas industry, primarily at Praxair, since graduating as a chemical engineer ... read more in C&EN https://cen.acs.org/business/Air-Products-names-Eduardo-Menezes/103/web/2025/02

CraigOfWaffles Jan 9, 2025

The US Department of the Treasury’s final rules for hydrogen production credits under section 45V of the federal tax code are generating reactions from industry and environmental groups. The 45V program, part of the Inflation Reduction Act of 2022, offers a tax credit for hydrogen if the total greenhouse gas (GHG) generated in its production is less than or equal to 4 kg of carbon dioxide per 1 kg of hydrogen.
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https://www.forth.news/threads/67801eee48e4bf9d4ba38c11

US finalizes 45V clean hydrogen subsidy scheme | Forth

The US Department of the Treasury’s final rules for hydrogen production credits under section 45V of the federal tax code are generating reactions from industry and environmental groups. The 45V program, part of the Inflation Reduction Act of 2022, offers a tax credit for hydrogen if the total greenhouse gas (GHG) generated in its production is less than or equal to 4 kg of carbon dioxide per 1 kg of hydrogen. That simple benchmark sits on top of almost 400 pages detailing what hydrogen producers have to demonstrate to qualify for the tax credit, which can be worth up to $3 per kilogram. The Treasury released the rules on Jan 3. Compared with a draft published in late 2023, the final rules give producers more time to get their technologies and feedstocks into compliance. They retain tough requirements meant to ensure that electrolytic hydrogen production ... read more in C&EN: https://cen.acs.org/energy/hydrogen-power/US-finalizes-45V-clean-hydrogen/103/web/2025/01

CraigOfWaffles Dec 18, 2024

The industrial gas firm Air Products & Chemicals has pulled out of what it previously described as the largest green hydrogen project in the US, a 1.4 GW plant in northern Texas powered by renewable energy and capable of producing 200 metric tons of hydrogen per day.

The $4 billion plant was to be a 50:50 joint venture with the energy company AES...

https://www.forth.news/threads/67632132a09289149384fa99

Air Products exits $4 billion green hydrogen project in Texas | Forth

The industrial gas firm Air Products & Chemicals has pulled out of what it previously described as the largest green hydrogen project in the US, a 1.4 GW plant in northern Texas powered by renewable energy and capable of producing 200 metric tons of hydrogen per day. The $4 billion plant was to be a 50:50 joint venture with the energy company AES. Air Products had agreed to be the plant’s sole customer, selling all hydrogen produced to buyers in the region. The proposed Texas green hydrogen plant is near the Electra Wind Farm, which started operation in 2016.   Air Products CEO Seifi Ghasemi revealed the decision during an investor presentation on Dec. 7. “This project never reached final investment decision,” he said. “It does not meet our established guidelines ... read more in C&EN: https://cen.acs.org/energy/hydrogen-power/Air-Products-exits-4-billion/102/web/2024/12

CraigOfWaffles Dec 11, 2024

As new lava erupts in Iceland, come explore a tunnel lava dug long ago. A photo essay in C&EN.

https://cen.acs.org/physical-chemistry/geochemistry/Inside-Icelands-volcanic-history/102/web/2024/12

https://www.forth.news/threads/675a15fd3804b75db6724b1c

Inside Iceland’s volcanic history

Lava tunnels offer insights into the geological forces that continue to shape the island nation

Chemical & Engineering News

CraigOfWaffles Dec 5, 2024

Even as volcanic smoke chokes the air around its pilot plant in Iceland, Carbon Recycling International is celebrating a win with the announcement of a third commercial-scale facility in China that will convert green hydrogen and captured carbon dioxide into methanol.

CRI’s Iceland facility runs on CO2, water, and renewable electricity from the Svartsengi geothermal power station, which is about 40 km southwest of Reykjavik...

https://www.forth.news/threads/6751e821201d557b538a89fb

Lava encircles carbon-dioxide-to-methanol pilot plant | Forth

Even as volcanic smoke chokes the air around its pilot plant in Iceland, Carbon Recycling International is celebrating a win with the announcement of a third commercial-scale facility in China that will convert green hydrogen and captured carbon dioxide into methanol. CRI’s Iceland facility runs on CO2, water, and renewable electricity from the Svartsengi geothermal power station, which is about 40 km southwest of Reykjavik. CRI says the low-carbon energy source allows it to produce 4,000 metric tons (t) of methanol per year with a greenhouse gas footprint just 10–20% that of conventional methanol. The firm had to evacuate in late November, however, when ... Read more in C&EN https://cen.acs.org/energy/renewables/Lava-encircles-carbon-dioxidemethanol-pilot/102/i38

CraigOfWaffles Dec 3, 2024

Host Craig Bettenhausen and C&EN assistant editor Fionna Samuels discusses the steps taken by schools in Boston and Colorado to monitor and control air quality in classrooms

https://cen.acs.org/environment/Podcast-schools-monitor-control-air/102/web/2024/11

https://www.forth.news/threads/674f4eabd97385f43670497f

Podcast: How schools monitor and control air quality

C&EN assistant editor Fionna Samuels discusses the steps taken by schools in Boston and Colorado to monitor and control air quality in the classroom

Chemical & Engineering News

CraigOfWaffles Dec 3, 2024

The election of Donald J. Trump to a second term as US president was the talk of the Alternative Fuels & Chemicals Coalition’s annual conference, which took place on the waterfront just south of Washington, DC, last week. “Possibly hostile. At best, indifferent,” was one attendee’s prediction about how the Trump administration would treat the bioeconomy.
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https://www.forth.news/threads/674f4e5fd726d3481fcb741a

Anticipating Trump, the bioeconomy prepares its pivot | Forth

The election of Donald J. Trump to a second term as US president was the talk of the Alternative Fuels & Chemicals Coalition’s annual conference, which took place on the waterfront just south of Washington, DC, last week. “Possibly hostile. At best, indifferent,” was one attendee’s prediction about how the Trump administration would treat the bioeconomy. In and out of office, the former president has expressed disdain for the sustainability concerns that underpin the transition to biomass and other low-carbon feedstocks. But attendees were optimistic that the sector in the US can reframe its appeal around domestic jobs, energy security, and local supply chains. The mood was more worried in sessions about biofuels than in discussions about biobased chemicals. That’s because ... Read more in C&EN: https://cen.acs.org/business/biobased-chemicals/Anticipating-Trump-bioeconomy-prepares-pivot/102/web/2024/11

CraigOfWaffles Nov 21, 2024

RECOVER program aims to deploy $36 million by September 2025

Wastewater is full of valuable chemicals. They can be pollution problems when they end up in sewage sludge or mine-tailing ponds. But when isolated from wastewater, those same chemicals can feed domestic supply chains and displace climate-damaging feedstocks.

To that end, the US Department of Energy (DOE) today announced ... read more in C&EN

https://cen.acs...

https://www.forth.news/threads/673f5ad88c95aed1a834cde5

Exclusive: APRA-E funds wastewater resource recovery | Forth

RECOVER program aims to deploy $36 million by September 2025 Wastewater is full of valuable chemicals. They can be pollution problems when they end up in sewage sludge or mine-tailing ponds. But when isolated from wastewater, those same chemicals can feed domestic supply chains and displace climate-damaging feedstocks. To that end, the US Department of Energy (DOE) today announced ... read more in C&EN https://cen.acs.org/environment/water/ARPA-E-fund-chemical-capture/102/web/2024/11

CraigOfWaffles Oct 16, 2024

In the 20th century, corporate powerhouses like Bell Labs and DuPont Central Research funded R&D from their balance sheets, creating a clear path for postdoctoral scientists to innovate beyond their university research. In 2024, with the decay of corporate laboratories, graduates are taking the commercial start-up route more and more...

https://www.forth.news/threads/67103a49d5137bc4c7cc4530

Podcast: PhD to CEO, chemistry entrepreneurs making the jump | Forth

In the 20th century, corporate powerhouses like Bell Labs and DuPont Central Research funded R&D from their balance sheets, creating a clear path for postdoctoral scientists to innovate beyond their university research. In 2024, with the decay of corporate laboratories, graduates are taking the commercial start-up route more and more. C&EN, business reporter Matt Blois discusses several such start-ups, exploring how the founders are making the transition from PhD to CEO and mapping the various routes they've taken to secure funding to continue their research. C&EN Uncovered, a project from C&EN’s podcast, Stereo Chemistry, offers a deeper look at subjects from recent stories. Listen in here: https://www.youtube.com/watch?v=v7u1KTtIvtI

CraigOfWaffles Sep 5, 2024

The US Department of Defense (DOD) is looking to fund private industry projects that will expand US production of 28 chemicals, including propellants, dyes, and ingredients for fuel and explosive formulations. The funding is intended to scale up synthetic methods for the chemicals from the bench to pilot- and demonstration-scale plants.

Each project will be eligible for $1 million to $24 million, parceled out over 5 years...

https://www.forth.news/threads/66d9c952cddd86de5ac9ddc1

US military seeks more domestic chemical capacity | Forth

The US Department of Defense (DOD) is looking to fund private industry projects that will expand US production of 28 chemicals, including propellants, dyes, and ingredients for fuel and explosive formulations. The funding is intended to scale up synthetic methods for the chemicals from the bench to pilot- and demonstration-scale plants. Each project will be eligible for $1 million to $24 million, parceled out over 5 years. In an earlier round of the same basic program, the DOD provided ... https://cen.acs.org/business/specialty-chemicals/US-military-seeks-domestic-chemical/102/i28

Chemistry	specialty chemicals
Business	journalism
Sustainability	Climate, water, energy, carbon
Find my work	https://cen.acs.org/staffDirectory/Craig-Bettenhausen.html