Dow CEO talks clean energy, Huntsman CEO criticizes shift from fossil fuels at Houston chemicals conference.

The chief executives of chemical companies Dow and Huntsman struck different tones during a World Petrochemical Conference in Houston, with one presenting ambitious new plans to reduce emissions and the other knocking the transition from fossil fuels.

  •  The company's plans to deploy a small modular nuclear reactor at one of its Gulf Coast facilities to bring online by 2030, would help Dow solve two problems: the need for clean, reliable power and also steam.

  • Dow CEO Jim Fitterling The energy transition unfolding is "largely off track" and pointed to a German initiative   that involves spending "billions and billions" building wind and solar farms to produce green hydrogen in Namibia, shipping it to Spain and transporting it around Europe via pipeline and calling it "nonsense."

  • Can we  produce green chemistry? Sure we can. But it's going to take two or three times the energy units to get there. And you're talking decades to get this stuff permitted. -  Jim Fitterling ,Dow CEO.


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