RE:Major news release from DOW INC; implications for PYR??? SlightFan ... Nice catch. Thanks for sharing.
That remains to be seen if PYR's technology can be helpful in their operations but your example is in line with what I was postng last night and this morning about the seriousness of the major large emitters.
Dow announces plan to build world's first net-zero carbon emissions ethylene and derivatives complex
- Organic, brownfield investment would more than triple Dow's ethylene and polyethylene capacity from its Fort Saskatchewan, Alberta site while retrofitting the entire site to net-zero scope 1 and 2 carbon dioxide emissions
- Decarbonizes ~20% of Dow's global ethylene capacity while growing polyethylene supply by ~15% and supporting ~$1 billion of EBITDA growth by 2030
- Project builds on success of Dow's industry-leading TX-9 investment and is expected to deliver ~15% lower capital intensity vs. TX-9 cracker and derivatives
- Fort Saskatchewan site selected due to availability of carbon capture infrastructure, competitive feedstocks and attractive government partnerships
- Investment will advance Dow's commitments to reduce carbon emissions, reaching ~30% by 2030, on the path to carbon neutrality by 2050