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Oxy Low Carbon Ventures joins with startup to develop CO2-based bio-ethylene pilot plant : Biofuels Digest

Oxy Low Carbon Ventures joins with startup to develop CO2-based bio-ethylene pilot plant : Biofuels Digest
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Oxy Low Carbon Ventures, Cemvita Factory announce plan to develop pilot plant for innovative CO2-to-bio-ethylene technology – Advanced BioFuels USA

(Oxy Low Carbon Ventures/PR Newswire)  Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and bio-engineering startup Cemvita Factory today announced a plan to construct and operate a one metric ton per month bio-ethylene pilot plant, applying a jointly developed technology using human-made carbon dioxide (CO 2) instead of hydrocarbon-sourced feedstocks. The pilot project will scale up the process that was successful in laboratory tests, which showed the OLCV-Cemvita technology is competitive with hydrocarbon-sourced ethylene processes. Ethylene is widely used in the chemical industry, primarily as a precursor to polymers for use in items like durable, long-life products. Start-up of the pilot plant is expected in 2022.

Daily on Energy: Pro-carbon tax House Democrats make their move

Daily on Energy: Pro-carbon tax House Democrats make their move Print this article Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what s going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue! THE PLAY FOR CARBON PRICING: A group of House Democrats is making a push for the Biden administration to include a carbon price as part of its green infrastructure package, going against the grain of the party, which has largely moved on to favor other climate policies. Rep. Ted Deutch of Florida told reporters today that he and 28 co-sponsors introduced a carbon tax and dividend bill last week, one that would return the revenue to households, in order to force the policy into negotiations between Congress and the administration.

Oxy Low Carbon Ventures, Cemvita Factory announce plan to develop pilot plant for innovative CO2-to-bio-ethylene technology

Share this article Share this article HOUSTON, April 6, 2021 /PRNewswire/  Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and bio-engineering startup Cemvita Factory today announced a plan to construct and operate a one metric ton per month bio-ethylene pilot plant, applying a jointly developed technology using human-made carbon dioxide (CO 2) instead of hydrocarbon-sourced feedstocks. The pilot project will scale up the process that was successful in laboratory tests, which showed the OLCV-Cemvita technology is competitive with hydrocarbon-sourced ethylene processes. Ethylene is widely used in the chemical industry, primarily as a precursor to polymers for use in items like durable, long-life products. Start-up of the pilot plant is expected in 2022.

Occidental unit to build low-carbon bio-ethylene plant

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