Latest news with #SamsungE&A


Business Wire
01-07-2025
- Business
- Business Wire
Transition Industries簽署全球最大的獨立超低碳化學品生產設施Pacifico Mexinol專案策略協議
墨西哥市--(BUSINESS WIRE)--(美國商業資訊)-- 北美地區世界一流規模的淨零碳排放甲醇及綠色氫氣專案開發商 Transition Industries LLC 與由 Samsung E&A Co., Ltd. (Samsung E&A)、Grupo Samsung E&A Mexico, S.A. de C.V.以及 Techint Engineering and Construction 組成的聯盟就位於位於墨西哥錫那羅亞州阿奧梅市的 Pacifico Mexinol 專案簽署了工程總承包(EPC)合約。本次簽約儀式在滿足特別先決條件及獲得全部必要核准後正式生效。 MAIRE 集團旗下科技公司NextChem透過其子公司KT TECH SpA,就為該專案供應NX AdWinMethanol®Zero專有技術的事宜,與Samsung E&A簽署了基礎工程設計、關鍵和專利設備供應協議。 Transition Industries正在與World Bank Group成員 International Finance Corporation (IFC)合作開發Pacifico Mexinol專案。該專案計畫於2029年投產,屆時將成為全球最大的獨立超低碳化學品生產設施——每年透過碳捕捉技術和天然氣生產約35萬公噸綠色甲醇及180萬公噸藍色甲醇。 Transition Industries執行長Rommel Gallo表示:「今天的簽約儀式是Pacifico Mexinol專案的重大里程碑,讓我們得以展示與韓國Samsung E&A、墨西哥Techint及義大利MAIRE Group的世界一流創新與合作。這也為2025年專案動工奠定基礎,兌現我們在墨西哥打造全球最具永續性大型專案的堅定承諾。」 出席活動的包括聯邦、州和市政官員,以及參與這一全球性專案的各國大使。 IFC代表亦到場見證,其他策略商業合作夥伴也將為專案提供綠色氫能、全球最大工業廢水循環利用系統等尖端科技與工程方案。 Transition Industries預期今年夏天將簽署更多策略協議並實現重要里程碑。該專案擬做為規模化超低碳化學品典範案例,亮相2025年11月在巴西貝倫舉行的第30屆聯合國氣候變遷大會(COP30)。 免責聲明:本公告之原文版本乃官方授權版本。譯文僅供方便瞭解之用,煩請參照原文,原文版本乃唯一具法律效力之版本。

National Post
30-06-2025
- Business
- National Post
Transition Industries Signs Strategic Agreements for the Pacifico Mexinol Project, the Largest Standalone Ultra-Low Carbon Chemical Production Facility in the World
Article content Pacifico Mexinol project, a 6,130 MT per day ultra-low carbon methanol production facility worth more than US$3.3b will be located near Topolobampo, Ahome, Sinaloa. Article content Once operational in 2029, Pacifico Mexinol is poised to be the largest standalone ultra-low carbon chemical production facility in the world. Article content MEXICO CITY — Transition Industries LLC, a developer of world-scale, net-zero carbon emissions methanol and green hydrogen projects in North America, held a signing event for an Engineering, Procurement, and Construction (EPC) contract with the consortium of Samsung E&A Co., Ltd. (Samsung E&A), Grupo Samsung E&A Mexico, S.A. de C.V., and Techint Engineering and Construction for the Pacifico Mexinol project located in Ahome, Sinaloa, Mexico, which is contingent upon the fulfillment of customary conditions precedent and obtainment of all required approvals. Article content Today's signing ceremony between Transition Industries, Samsung E&A, Techint and MAIRE Group represents a significant milestone towards the development of the Pacifico Mexinol project. Article content MAIRE Article content group's technology division NextChem, through its subsidiary KT TECH SpA, also signed a Basic Engineering, Critical and Proprietary Equipment Supply Agreement with Samsung E&A in connection with its proprietary NX AdWinMethanol®Zero technology supply to the project. Article content Transition Industries is jointly developing the Pacifico Mexinol project with the International Finance Corporation (IFC), a member of the World Bank Group. When it initiates operations in 2029, Pacifico Mexinol is poised to be the largest standalone ultra-low carbon chemical production facility in the world – producing approximately 350,000 MT of green methanol and 1.8 million MT of blue methanol annually from carbon capture and natural gas. Article content 'Today's signing ceremony represents a significant milestone for the Pacifico Mexinol project, enabling us to showcase our world-class innovation and partnerships with Samsung E&A of South Korea, Techint of Mexico and MAIRE Group of Italy. It also puts us on track to break ground in 2025 and begin delivering on our unwavering commitment to build the world's most sustainable large-scale project in Mexico,' says Rommel Gallo, CEO of Transition Industries. Article content The event was attended by federal, state and municipal government officials, as well as ambassadors from the countries involved in this multi-national project. Article content IFC was also present at the ceremony, along with other strategic commercial partners that will deliver key aspects of state-of-the-art technology and engineering to the project, including green hydrogen and the largest industrial wastewater recycling and use program globally. Article content Transition Industries expects to sign additional strategic agreements and reach significant milestones this summer. The project is expected to be presented as an example of an ultra-low carbon chemicals project at scale at COP 30 in Belem, Brazil in November 2025. Article content Article content Article content


Business Wire
30-06-2025
- Business
- Business Wire
Transition Industries Signs Strategic Agreements for the Pacifico Mexinol Project, the Largest Standalone Ultra-Low Carbon Chemical Production Facility in the World
BUSINESS WIRE)-- Transition Industries LLC, a developer of world-scale, net-zero carbon emissions methanol and green hydrogen projects in North America, held a signing event for an Engineering, Procurement, and Construction (EPC) contract with the consortium of Samsung E&A Co., Ltd. (Samsung E&A), Grupo Samsung E&A Mexico, S.A. de C.V., and Techint Engineering and Construction for the Pacifico Mexinol project located in Ahome, Sinaloa, Mexico, which is contingent upon the fulfillment of customary conditions precedent and obtainment of all required approvals. Today's signing ceremony between Transition Industries, Samsung E&A, Techint and MAIRE Group represents a significant milestone towards the development of the Pacifico Mexinol project. Share MAIRE group's technology division NextChem, through its subsidiary KT TECH SpA, also signed a Basic Engineering, Critical and Proprietary Equipment Supply Agreement with Samsung E&A in connection with its proprietary NX AdWinMethanol®Zero technology supply to the project. Transition Industries is jointly developing the Pacifico Mexinol project with the International Finance Corporation (IFC), a member of the World Bank Group. When it initiates operations in 2029, Pacifico Mexinol is poised to be the largest standalone ultra-low carbon chemical production facility in the world – producing approximately 350,000 MT of green methanol and 1.8 million MT of blue methanol annually from carbon capture and natural gas. 'Today's signing ceremony represents a significant milestone for the Pacifico Mexinol project, enabling us to showcase our world-class innovation and partnerships with Samsung E&A of South Korea, Techint of Mexico and MAIRE Group of Italy. It also puts us on track to break ground in 2025 and begin delivering on our unwavering commitment to build the world's most sustainable large-scale project in Mexico,' says Rommel Gallo, CEO of Transition Industries. The event was attended by federal, state and municipal government officials, as well as ambassadors from the countries involved in this multi-national project. IFC was also present at the ceremony, along with other strategic commercial partners that will deliver key aspects of state-of-the-art technology and engineering to the project, including green hydrogen and the largest industrial wastewater recycling and use program globally. Transition Industries expects to sign additional strategic agreements and reach significant milestones this summer. The project is expected to be presented as an example of an ultra-low carbon chemicals project at scale at COP 30 in Belem, Brazil in November 2025.


Borneo Post
17-06-2025
- Business
- Borneo Post
Collaboration needed to build low carbon hydrogen system
(From right) Dr Jeong, Satoshi, Gentari chief hydrogen officer Michèle Azalbert and ENEOS Holdings executive vice president Koichiro Tanaka share their thoughts during a plenary session at Energy Asia 2025. KUALA LUMPUR (June 17): Cross-sector collaborations is crucial to build a scalable and commercially viable hydrogen economy in a call towards coordinated efforts across the entire value chain, from production and infrastructure to policy frameworks and sustained market demand. Low-carbon hydrogen is rapidly emerging as a cornerstone of Asia's decarbonisation strategy, with the potential to transform energy systems and enable emissions reductions across hard-to-abate sectors. During a panel session at Energy Asia 2025, industry specialists underscored the need for collaboration to facilitate the development of the hydrogen economy. Samsung E&A's head of green H2 business team Dr Jeong Hyunseok cited Samsung E&A's recent acquisition of a 9.1 per cent stake in Norwegian hydrogen company Nel ASA (Nel) for approximately US$33 million. Nel offers various electrolyser solutions for hydrogen production based on renewable energy. The company is developing proton exchange membrane (PEM) and atmospheric alkaline electrolysers. 'It (the electrolyser technology) is one of our most strategic investment in now globally,' he said during the session. 'It is not just a financial investment. It's about co-developing the electrolyser technology together that combines our proven alkaline and PEM technology with Samsung E&A's project delivery and engineering capability. 'Based on that, we can offer, very successfully, to reduce capital expenditure, and we also can offer the full integrated supply chain and fully modularised 100-megawatt solution to the market. Based on that kind of collaboration, we would like to provide some sort of early idea-proven project. 'So I believe we can offer more bankable and integrated hydrogen plant solutions combined together.' One of the biggest lessons learnt, Jeong said, has been the alignment of technology management with commercial project timeline as the final investment decision (FID) could not be achieved without any optimised balance of the plan. 'If a client cannot navigate the interface between electrolyser, the original equipment manufacturer (OEM), and the energy transition company (ETC), we cannot achieve that. So, based on our last three months' experience with Nel, we fully recognise that joint planning is really important. 'It is not just technical, but also supply chain and fully integrated ready-made modularisation, which is quite important. Our team has learned from each other and accelerating faster than expected. 'I would also like to point out that this kind of team collaboration between electrolyser, OEM, and ETC — this industry can get more reliable and affordable solution. So it's maybe a model that can be carried out elsewhere as well.' Meanwhile, Kawasaki Kisen Kaisha Ltd senior managing corporate officer Satoshi Kanamori, agreed that partnerships can play a key role in de-risking the transportation of hydrogen. 'Partnerships for hydrogen — or any other zero emission type of energy transportation — is fundamental because a single company cannot provide services of an entire value chain,' he said. 'Portfolio should be necessary depending on the distance, location or the size. So, collaboration or the information exchange among such partners or even different models — that is very important.' To note, Kawasaki Kisen Kaisha Ltd is a Japanese transportation company with a fleet of dry cargo ships (bulk carriers), container ships, liquefied natural gas carriers, Ro-Ro ships, tankers, and container terminals. Kanamori said partnership is very important in de-risking hydrogen import activities as industry players can share best practises and resources in supplementing services to each other. 'Also, joint investments can reduce our financial risks and that's another good opportunity where we can pursue with the partnership,' he affirmed. 'Producing hydrogen, supplying it from one customer to another, is a supply chain that requires success in every step of the way.' Energy Asia 2025 hydrogen low-carbon hydrogen


Fibre2Fashion
21-04-2025
- Business
- Fibre2Fashion
Samsung E&A to build PLA plant for Emirates Biotech in UAE
SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it is the contractor for its upcoming Polylactic Acid (PLA) production plant in the United Arab Emirates. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative and solidifies Emirates Biotech commitment to environmental responsibility and innovation. SAMSUNG E&A was selected as the sole partner for this project, due to an unrivaled track record of bringing these innovative but complex industrial projects to fruition. In that role, SAMSUNG E&A will oversee all engineering, procurement, and construction work for the Falcon PLA project, ensuring that it progresses smoothly and aligns with the planned schedule and budget. Samsung E&A has been chosen as the contractor for the Falcon Polylactic Acid (PLA) Project in United Arab Emirates by Emirates Biotech. The plant, using Sulzer technology, will produce biodegradable plastic and is set to open in early 2028. This move underscores both companies' commitment to sustainability and innovation in eco-friendly materials. The pre-EPC contract, covering the initial phase of the collaboration, was signed on 14 April 2025 at Emirates Biotech's head office in the UAE. Emirates Biotech recently selected Sulzer as the technology provider for its PLA plant and SAMSUNG E&A will ensure the Sulzer technology and proprietary equipment will be integrated flawlessly into the PLA production facility. The plant, expected to be operational in early 2028, will be located in the KEZAD free zone in Abu Dhabi, a new industrial area with access to state-of-the-art transportation infrastructure including the deep sea port of Khalifa. Marc Verbruggen, CEO of Emirates Biotech , said: 'Selecting SAMSUNG E&A as our contractor is another significant step toward making our vision a reality. With their extensive expertise in delivering world-class engineering projects, we are confident that this collaboration will ensure the seamless integration of technology into our PLA production facility. The Falcon PLA Project will not only set new benchmarks for scale and efficiency but will also play a key role in providing industries with a viable, sustainable alternative to fossil-based plastics. As we move closer to construction, we are excited to see our plans take shape and contribute to the global shift toward a circular economy.' Hong Namkoong, President and CEO of SAMSUNG E& A stated: "With our extensive project experience and advanced design technology, we continue to achieve outstanding results in high-value engineering. We are honored that Emirates Biotech has entrusted us with the Falcon PLA Project, and are fully committed to delivering it successfully. SAMSUNG E&A is honored to expand its customer base and enter a new market. This achievement strengthens its competitive position for future projects with Emirates Biotech, marking its entry into the growing eco-friendly plastics sector.' Emirates Biotech aims to accelerate the transition from fossil-based plastics to renewable, biodegradable alternatives, ensuring industries worldwide have access to high-performance, environmentally responsible solutions. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)