Government Regulation
June 24, 2021
BASF Invests in Wind
BASF buys 49.5% of Vattenfall Dutch offshore wind farm for €300M
Jun. 24, 2021 9:17 AM ETBASF SE (BASFY)By: Carl Surran, SA News Editor1 Comment
- BASF (OTCQX:BASFY) agrees to acquire a 49.5% stake in the Hollandse Kust Zuid offshore wind farm from Swedish utility Vattenfall for €300M ($358M), as the company raises its investments in renewable energy to offset carbon emissions at production sites across Europe.
- Construction of the wind farm will start in July, with the project expected to become fully operational in 2023, pending approval by authorities.
- The project, which includes 140 wind turbines and a total capacity of 1.5 GW, will become the world’s largest wind farm and supply power to BASF’s plant in Antwerp, Belgium, and other European sites.
- BASF and German utility RWE last month announced a potential €4B offshore wind project.
June 24, 2021
BASF Invests in Wind
BASF buys 49.5% of Vattenfall Dutch offshore wind farm for €300M
Jun. 24, 2021 9:17 AM ETBASF SE (BASFY)By: Carl Surran, SA News Editor1 Comment
- BASF (OTCQX:BASFY) agrees to acquire a 49.5% stake in the Hollandse Kust Zuid offshore wind farm from Swedish utility Vattenfall for €300M ($358M), as the company raises its investments in renewable energy to offset carbon emissions at production sites across Europe.
- Construction of the wind farm will start in July, with the project expected to become fully operational in 2023, pending approval by authorities.
- The project, which includes 140 wind turbines and a total capacity of 1.5 GW, will become the world’s largest wind farm and supply power to BASF’s plant in Antwerp, Belgium, and other European sites.
- BASF and German utility RWE last month announced a potential €4B offshore wind project.
June 16, 2021
Wind Turbine Recycling in Europe
Wind Industry Calls for Ban on Old Turbine Blades in Landfills
Will Mathis Bookmark
une 16 2021, 8:14 PM (Bloomberg) —
Europe’s wind-power industry is calling for an end to one of the dirtiest parts of its business. Countries across Europe should ban old turbine blades from going into landfills by the middle of the decade, industry group Wind Europe said Wednesday.
While wind power is helping to cut emissions, the turbines can become a source of waste. Most parts of the structures — such as the steel towers and rotors — can be recycled, but not the blades, which comprise glass or carbon fibers and a sticky resin that can’t currently be broken down and reused. They tend to end up in landfills once a wind farm is decommissioned, usually after 20 to 25 years of use.
In Europe, about 25,000 tons of blades a year will be decommissioned by 2025, rising to 52,000 tons a year by 2030, the industry group said in a statement. The Cost of Clean Power: Landfills Full of Wind Turbine Blades Wind Europe called on the European Commission to ban decommissioned turbine blades from going to landfills by 2025, hoping to fuel efforts to redesign blades to make them recyclable. It also committed not to ship blades to landfills outside the European Union.
The region’s largest turbine maker, Vestas Wind Systems A/S, has come up with an epoxy that could dissolve and be processed back into the original chemical compounds, making blades recyclable. It’s working with epoxy maker Olin Corp. as well as the Danish Technological Institute and Aarh
Read more at: https://www.bloombergquint.com/business/wind-industry-calls-for-ban-on-old-turbine-blades-in-landfills
Copyright © BloombergQuint
June 16, 2021
Wind Turbine Recycling in Europe
Wind Industry Calls for Ban on Old Turbine Blades in Landfills
Will Mathis Bookmark
une 16 2021, 8:14 PM (Bloomberg) —
Europe’s wind-power industry is calling for an end to one of the dirtiest parts of its business. Countries across Europe should ban old turbine blades from going into landfills by the middle of the decade, industry group Wind Europe said Wednesday.
While wind power is helping to cut emissions, the turbines can become a source of waste. Most parts of the structures — such as the steel towers and rotors — can be recycled, but not the blades, which comprise glass or carbon fibers and a sticky resin that can’t currently be broken down and reused. They tend to end up in landfills once a wind farm is decommissioned, usually after 20 to 25 years of use.
In Europe, about 25,000 tons of blades a year will be decommissioned by 2025, rising to 52,000 tons a year by 2030, the industry group said in a statement. The Cost of Clean Power: Landfills Full of Wind Turbine Blades Wind Europe called on the European Commission to ban decommissioned turbine blades from going to landfills by 2025, hoping to fuel efforts to redesign blades to make them recyclable. It also committed not to ship blades to landfills outside the European Union.
The region’s largest turbine maker, Vestas Wind Systems A/S, has come up with an epoxy that could dissolve and be processed back into the original chemical compounds, making blades recyclable. It’s working with epoxy maker Olin Corp. as well as the Danish Technological Institute and Aarh
Read more at: https://www.bloombergquint.com/business/wind-industry-calls-for-ban-on-old-turbine-blades-in-landfills
Copyright © BloombergQuint
April 28, 2021
Anti-Dumping Duties on TDI in India
TDI imports: Finmin imposes anti-dumping from EU, US, Chinese Taipei, Japan and South Korea
K.R.Srivats New Delhi | Updated on April 28, 2021
DGTR had recommended imposition of definitive anti-dumping duty, this January
The Finance Ministry has imposed a definitive anti-dumping duty on imports of Toluene Diisocyanate (TDI), an organic chemical, from the Chinese Taipei, EU, Japan, South Korea and the US.
This revenue department move comes after the Designated Authority in the Directorate General of Trade Remedies (DGTR), in January this year, had recommended imposition of definitive anti-dumping duty on TDI imports from these countries.
Narmada Chematur Petrochemicals Ltd, the sole producer of TDI in the country, had filed the petition seeking anti-dumping duty on TDI imports from the Chinese Taipei, EU, Japan, South Korea and the US.
TDI usage
TDI is a clear liquid and is used in the production of flexible polyurethane foam, which is used for cushioning for a variety of consumer and commercial products, including bedding, furniture, automotive interiors, carpet underlay and packaging.
In the case of TDI produced by Covestro Deutschland AG and exported from EU, the anti-dumping duty has been pegged at $221.04 per tonne. For TDI produced by Borsod Chem Zrt, the anti dumping duty has been pegged at $102.05 per tonne. For all other producers from the EU, the anti-dumping duty has been pegged at $264.96 per tonne.
The revenue department has imposed an anti-dumping duty of $217.55 per tonne on TDI produced by Sadara Chemical Company, Saudi Arabia. For all other producers from Saudi Arabia, the anti dumping duty has been pegged at $344.33 per tonne.
For TDI imports from Chinese Taipei, the anti-dumping duty has been pegged at $274.39 per tonne. In the case of TDI imports from United Arab Emirates (UAE), the anti-dumping duty has been pegged at $368.20 per tonne.
The definitive anti-dumping duty will be valid for five years from the date of imposition of provisional anti-dumping duty, which happened to be December 2 last year, the revenue department has said.
Everchem Updates Archive 
Sign Up for Email Updates