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FZO expects to produce approximately 200 million gallons (750 million liters) per year of carbon-free gasoline in Matagorda County, Texas
FZO Matagorda eFuels plant timeline updated to Q1 2024 for start of construction and 2027 for commercial operations
HOUSTON, SANTIAGO, Chile, SYDNEY and BERLIN, December 6, 2022 /PRNewswire/ — HIF Global, the world’s leading eFuels company, announced today that its subsidiary HIF USA LLC (“HIF USA”) has engaged Bechtel Energi, Siemens Energi and Topsoe to conduct front-end engineering and design (“FEED”). facility to be built in Matagorda County, Texas for the production of carbon-neutral gasoline (“HIF Matagorda eFuels Facility”).
Once operational, the HIF Matagorda eFuels Facility will produce carbon-neutral gasoline that can be put into vehicles in use today without any modifications to existing engines or the infrastructure they depend on. Carbon-neutral gasoline will be produced using approximately 2 million tons of CO2 captured from the atmosphere and green hydrogen from renewable energy sources. HIF USA expects to produce approximately 200 million gallons (750 million liters) per year of carbon-free gasoline by 2027, with the potential to decarbonize over 400,000 vehicles. FZO USA estimates the creation of approximately 4,500 direct jobs during the construction phase, which is expected to begin in the first quarter of 2024, and more than 100 permanent jobs.
Renato Pereira, CEO of HIF USA said, “The start of the 12-month FEED engagement significantly advances the HIF Matagorda eFuels Facility beyond preliminary engineering into this second phase of project design. Upon completion of the FEED, we expect to achieve a Class 2 cost estimate and a level of engineering sufficient to begin construction. Bechtel Energi, Siemens Energi and Topsoe are essential to the successful completion of this pioneering facility, which will provide solutions for the decarbonisation of the transport sector without any modifications to existing engines or delivery infrastructure.”
Bechtel Energi will lead the engineering and design of the entire facility, which includes the integration of Siemens Energi and Topsoe technologies and equipment. Siemens Energi will be responsible for the engineering and design of their proprietary “Silizer 300” electrolyzers required to produce approximately 300,000 tons of green hydrogen per year. Topsoe will provide engineering and design for the methanol and methanol-to-gasoline processes, which will combine green hydrogen with 2 million tons of CO2 captured from the atmosphere to produce approximately 1.4 million tons of methanol, then synthesize methanol into 200 million gallons (750 million liters) of carbon-neutral gasoline per year.
“Supplying today’s cars and ships with carbon-neutral e-fuels is an effective way to accelerate the decarbonisation of our transport sector and unlock the advancement of large-scale green hydrogen and CO2 capture technologies,” HIF Global CEO Meg Gentle , said. “Working in partnership with Bechtel Energi, Siemens Energi and Topsoe is key to designing a safe, reliable and low-cost facility that will set a new frontier in the fight against climate change.”
“Decarbonizing our everyday transportation is now within our grasp,” said Paul Marsden, president of Bechtel Energy. “We look forward to partnering with HIF Global, Siemens Energi and Topsoe to develop this eFuel facility that will shape our energy consciousness and build our path to net zero.”
“Siemens Energi is proud to support HIF in bringing e-fuel production to commercial scale in the United States,” said Rich Voorberg, president of Siemens Energi North America. “Siemens Energi and its world-leading portfolio of energy technology products enable the energy transition and decarbonization of the economy.” Connecting the sector plays a key role in this effort, and Siemens Energi is excited about this opportunity to help develop sustainable fuels by building our Silizer to produce hydrogen from clean energy sources.”
Roeland Baan, CEO of Topsoe, said: “We are proud that HIF Global has selected our technology for this truly innovative project that will contribute to the decarbonization of US transportation. Our technology will be used to directly convert renewable hydrogen and CO2 into methanol, which is further converted into plug-and-play e-gasoline. We are excited to introduce our e-fuel technology and see HIF Global’s inspiring project come to life.”
About HIF Global
HIF Global is the world’s leading eFuels company, developing projects to convert hydrogen using low-cost renewable energy into carbon-neutral liquid e-fuels that can be transported and used in existing infrastructure. The name HIF represents the company’s mission: to provide highly innovative fuels that will enable the decarbonization of the planet. HIF Chile, HIF USA, HIF Asia Pacific and HIF EMEA are wholly owned subsidiaries of HIF Global. FZO Chile is currently building a Haru Oni demonstration facility in Magallanes, Chile, and expects to be producing e-fuels in a few weeks. For more information, visit www.hifglobal.com.
About Bechtel
Bechtel is a trusted engineering, construction and project management partner to industry and government. Distinguished by the quality of our people and our relentless pursuit of the most successful results, we align our capabilities with our clients’ goals to create lasting positive impact. Since 1898, we’ve helped clients complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown the economy, improved the resilience of the world’s infrastructure, increased access to energy, resources and vital services, and made the world a safer, cleaner place. . Bechtel serves Energy; Infrastructure; Nuclear, safety and environment; and mining and metals markets. Our services extend from initial planning and investment, through start-up and operation. www.bechtel.com
About Siemens Energi
Siemens Energi is one of the world’s leading energy companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energi covers almost the entire energy value chain – from generation and transmission to energy storage. The portfolio includes conventional and renewable energy technologies, such as gas and steam turbines, hydrogen hybrid power plants, as well as generators and transformers. More than 50 percent of the portfolio is already decarbonized. The majority stake in the listed company Siemens Gamesa Renewable Energi (SGRE) makes Siemens Energi the leader in the global renewable energy market. It is estimated that one sixth of the electricity produced worldwide is based on Siemens Energi technologies. Siemens Energi employs more than 92,000 people worldwide in more than 90 countries and generated revenue of approximately €29 billion in fiscal year 2022. More at www.siemens-energi.com
About Topsoe
Founded in 1940, Topsoe is a leading global developer and supplier of decarbonization technology, catalysts and services for the energy transition. Our mission is to fight climate change by helping our partners and customers achieve their decarbonisation and emission reduction goals, including those in hard-to-reduce sectors such as aerospace, shipping and raw materials production. From carbon-reducing chemicals, to renewable fuels and plastic recycling, we are uniquely positioned to help humanity achieve a sustainable future. Topsoe is headquartered in Denmark, with over 2,100 employees serving clients worldwide. To learn more, visit www.topsoe.com
WARNING ABOUT FORWARD-LOOKING STATEMENTS
The information in this press release includes various statements that are forward-looking statements within the meaning of US federal securities laws. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as “may,” “expect,” potentially, “be,” “will” and similar expressions are used to identify forward-looking statements and convey the uncertainty of future events or outcomes. Forward-looking statements in this press release relate, among other things, to our expectations regarding our plans, strategies and objectives, including with respect to the timing and other aspects of the FZO Matagorda eFuels Facility. Such statements are based on management’s current expectations and assumptions and are subject to known and unknown risks and uncertainties that could cause actual results or events to differ materially from the expectations expressed or implied by the forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include (without limitation): our ability to timely obtain or maintain the necessary permits for the construction and development of the FZO Matagorda eFuels Facility; our ability to carry out our national objectives on a timely and successful basis; legislative, political, fiscal and regulatory developments; the outcome of commercial negotiations; our ability to raise funds; consumer preferences or demand; and various economic, business and competitive factors affecting our business. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this paragraph. HIF Global urges you to carefully review and consider the cautionary statements made in this press release and cautions you not to rely on forward-looking statements, which speak only as of the date of this press release. HIF Global undertakes no obligation (and expressly disclaims any such obligation) to update any forward-looking statements, whether as a result of new information, future events or otherwise.
See original content: https://www.prnevsvire.com/nevs-releases/hif-global-engages-bechtel-siemens-energi-and-topsoe-for-efuels-project-in-usa-301695368.html
SOURCE HIF Global
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