ICN CHEMICAL INDUSTRY OUTLOOK 2022

Page 100

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COLUMN

CARBON DIOXIDE REFINERIES OF FUTURE AND NET ZERO GOAL The utilization of CO2 as a feedstock for producing chemicals not only contributes to alleviating global climate changes caused by the increasing CO2 emissions but also provides a grand challenge in exploring new concepts and opportunities for catalytic and industrial development

T PROF. GANAPATI D. YADAV EMERITUS PROFESSOR OF EMINENCE AND FORMER VICE CHANCELLOR INSTITUTE OF CHEMICAL TECHNOLOGY MUMBAI

he refiners in the future will use carbon dioxide as a raw material for making fuels, chemicals, and polymers/materials, and not ubiquitous crude oil. A liability now will be an asset tomorrow! The sustainability of the current generation’s high lifestyle requires a huge amount of energy which is primarily satisfied by the fossil resources: oil, natural gas, and coal. The concentration of carbon dioxide in the atmosphere has increased from 280 ppm before the industrial revolution to 410 ppm in January 2020 to 419.8 now. The increased atmospheric CO2 concentration is arguably one of the primary causes of accelerated climate change and global warming. This supply chain from fossil feedstock cannot sustain forever as all these energy sources will diminish within three centuries. From the economic point of view, importing fossil fuel from foreign countries worth billions of dollars is a waste of foreign exchange. The Russia-Ukraine war has given a severe jolt to all oil-dependent economies.

CO2 may become the future of oil through the development of synthetic fuels starting from the mixtures of carbon dioxide and hydrogen with specific catalytic chemical reactors.

The government of India wants to reduce import of oil by developing new technologies including renewable resources such as solar, wind, hydro, coal to fuels and chemicals, 2G ethanol, biodiesel, etc. India accounts for more than a quarter of net global primary energy demand growth between 2017-2040 according to BP Energy; 42% of this new energy demand is met through coal, meaning CO2 emissions roughly double by 2040. The Paris Agreement is meant to reduce the risk and impact of global warming by adopting two long term temperature goals, i.e., to check the global average temperature rise well below 2 °C above pre-industrial level, and to take more deliberate actions to limit the rise in temperature to 1.5 °C above pre-industrial levels. To achieve this goal a 20/20/20 strategy was adopted, meaning thereby, 20% decrease in CO2 emission, rise in renewable energy market share by 20%, and 20% increase in efficiency of current technology. For meeting a target of 400 GW solar power, an investment of US $500 billion is needed. Reducing CO2 concentration in the atmosphere while meeting the energy demands of an increasing population is a formidable task for countries like India and requires long term planning and implementation of CO2 mitigation strategies. Reduction of CO2 production by shifting from fossil to renewable fuels, CO2 capture and storage (CCS), and CO2 capture and utilization (CCU) are the possible areas for systematic control and reduction of atmospheric CO2. Carbon Capture and


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NIVEDAN SAHANI

6min
pages 176-180

ALOK SHARMAN

9min
pages 172-175

DR. RAFI SHAIK

5min
pages 170-171

SANKETH SETH

5min
pages 168-169

BHAVESH BARETHA

5min
pages 166-167

PRAVEEN KAPSE

5min
pages 162-165

SAMEER PIKLE

6min
pages 160-161

MARINA STOIEV & ANDRE ANDRADE

7min
pages 154-157

STEPHEN REYNOLDS

5min
pages 158-159

PARTHA SUR

11min
pages 150-153

VIVEK GUPTA

5min
pages 142-143

RON BECK & ABHINAV CHOWDHARY

5min
pages 144-145

RAJIV MENON

5min
pages 134-137

OVERVIEW

6min
pages 138-141

SATHIAMOORTHY GOPALSAMY

7min
pages 132-133

P. D. SAMUDRA

5min
pages 130-131

PRASHANT VASISHT

7min
pages 128-129

SHISHIR JOSHIPURA

8min
pages 124-127

DEEPAK MAHURKAR & NIKHIL KALANE

9min
pages 120-123

OVERVIEW

7min
pages 118-119

BHASKAR JYOTI PHUKAN

13min
pages 106-109

S. BHARATHAN

6min
pages 114-117

REEP HAZARIKA

10min
pages 110-113

SAMIR S. SOMAIYA

6min
pages 104-105

PROF. GANAPATI D. YADAV

11min
pages 100-103

OVERVIEW

7min
pages 98-99

SURESH KALRA

5min
pages 92-93

NIRAJ MORE

6min
pages 90-91

VINATI SARAF MUTREJA

2min
page 85

UNNATHAN SHEKHAR

10min
pages 82-84

SHISHER KUMRA

13min
pages 86-89

VIKAS KULKARNI

6min
pages 80-81

SHEKHAR KHANOLKAR

4min
pages 78-79

VINOD PAREMAL

5min
pages 76-77

RAVI ANNAVARAPU

7min
pages 72-75

ANKIT PATEL

5min
pages 70-71

ABHIRAJ A. CHOKSEY

4min
pages 68-69

JAYANT V. DHIOBLEY

6min
pages 66-67

DR. RICHARD LOBO

11min
pages 62-65

RAJESH TRIPATHI

3min
pages 48-49

SUNIL CHARI

7min
pages 46-47

TIM BECKER

11min
pages 50-53

HARSH GUPTA

6min
pages 54-55

YOGESH MALANI

5min
pages 56-57

M. P. AGGARWAL

8min
pages 42-45

AMIT GANDHI & AMRITA PAREKH

4min
pages 20-21

MAULIK D. MEHTA

6min
pages 22-25

JASHAN BHUMKAR

7min
pages 38-39

SHOBHIT AGGARWAL

8min
pages 28-31

MAULIK PATEL

6min
pages 26-27

RAVI DESAI

4min
pages 40-41

PROF. DR. R. K. KHANDAL & V. P. JOSHI

8min
pages 32-35
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