The Government of Louisiana in mid-January said London-based energy technology company Arq Group will develop an industrial facility in St. Rose, Louisiana, to produce Arq’s proprietary Arq Fuel™ product.
The site will receive material produced from discarded mined materials, and will transform it into a cleaner and valuable blending component for oil products entering the power-generation and marine industries.
Arq will invest up to USD 40 million at the St. Rose site owned by International-Matex Tank Terminals, or IMTT. The project will entail a thermal drying facility; blending and product-handling equipment; transportation infrastructure; and storage tanks.
Arq will create 12 new direct jobs with an average annual salary of USD 52,000, plus benefits. Louisiana Economic Development estimates the project also will result in 31 new indirect jobs, for a total of 43 new jobs in Louisiana’s Southeast Region.
“Arq’s investment is confirmation that Louisiana’s highly skilled workforce and transportation infrastructure continue to make the state a prime destination for new investments,” said Gov. John Bel Edwards.
“The innovative processes Arq will deploy in Louisiana show that we can build on our state’s legacy as an energy leader by developing new energy solutions for the future.”
The fuel’s lower greenhouse-gas profile will help industries meet evolving regulatory demands. Arq’s process creates a nearly pure hydrocarbon product and does not require the extraction of any new natural resources from the earth.
“Arq’s St. Rose facility is an important investment and milestone in our company’s ambitions to make a transformative impact in the energy industry,” added Arq CEO Julian McIntyre.
“As Arq worked on locating its initial U.S. Gulf Coast facility, the State of Louisiana, St. Charles Parish Economic Development and Greater New Orleans Inc. team have been extremely helpful, and we are looking forward to working and growing together in Louisiana.”
Arq will locate its facility on a 5-acre tract owned by IMTT in St. Charles Parish. The facility will receive intermediate products from its site in Corbin, Kentucky, for final drying, blending and shipment to customers. Primary use of the product will be for residual fuel oil in the utility market and bunker fuel for commercial ships and barges.
“Arq is planning on doing some exciting stuff in our parish. Their one-of-a-kind process takes the byproduct of one manufacturing process and uses it for another process,” said St. Charles Parish President Matthew Jewell. “We are looking forward to having Arq as a partner in St. Charles Parish.”
Related: Arq and Hafnia in technical partnership to adopt waste-derived bunker fuel ‘Arq Fuel’
Photo credit: Dominik Vanyi on Unsplash
Published: 25 January, 2021
Shipowners should expect requests to sample from the ships’ bunker tanks and not only from the fuel oil line between service tank and auxiliary engine, said BIMCO.
Facility able to test fuel samples in accordance with table 2 of ISO 8217 to highlight substandard samples and help identify the causes and origins of bunker fuel-related problems.
The firm, formerly known as Liberty Marine Aps, undergoes rebranding to clearer reflect activities.
UOB has started admiralty proceedings against 40 of Maersk Tankers’ ships for alleged misdelivery of cargo; informs it may take action against the vessels – unless security is provided.
The former accredited bunker supplier still holds a bunker craft operator license for activities at the republic.
Full focus has been given to taking a proactive approach to expand the portfolio to include other commodities besides oil and oil-related products, it said.
‘The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,’ Managing Director tells Manifold Times.
Associate Director at Helmsman highlights the need to stay up-to-date with latest protocols / measures introduced by MPA, with continuous education of Master and crew of the visiting vessel.
BunkerPlanner Lite is an attempt to educate professionals engaged in bunker decisions about the use of advanced technology in the decision process, explains BunkerMetric CEO Christian Plum.
Senior Associate at Clyde & Co offers guidance to protect shipowners and bunker tanker operators in the event opposing counterparty breaches Covid-19 protocols, resulting in Covid-19 transmission.
Having a surveyor’s watchful eye to detect illegal activities also sends a strong signal to barge and vessel crew not to undertake any intended non-compliance, states VPS Senior Sales Manager.
Bunker tanker owner’s trust in LR and Metcore’s expertise proves duo’s experience in bunkering MFMs and unceasing support made the difference in ensuring trust during bunker transactions.
