In Finland, Nokian Tyres and Swedish biomaterials company Reselo AB have signed a development agreement to further develop their renewable material Reselo Rubber as a new raw material in tires. One-hundred percent renewable Reselo Rubber is made from birch bark sourced from pulp, paper and sawmill industry waste. “According to the initial laboratory tests… Reselo […]
In Canada, Methanex announced the acquisition of OCI Global’s international methanol assets for $2.05 billion. The deal includes two large methanol facilities in Beaumont, Texas, with a combined annual production capacity of 1.76 million tonnes of methanol. One plant also produces 340,000 tonnes of ammonia per year, marking Methanex’s entry into ammonia production. The acquisition […]
In France, HRS, a manufacturer of hydrogen refueling stations, announced the installation of seven new hydrogen stations in France and internationally over the past three months, aiming to expand its network and meet the increasing demand for hydrogen fuel in the transportation sector. These stations include the company’s first large-capacity HRS40 station at its Champagnier […]
In Spain, Spanish energy company Cepsa announced it had begun trading biomethane, certified by the ISCC, to reduce emissions across its operations. The first purchase, 25 GWh of renewable gas from the Valdemingómez waste plant in Madrid, is being used to decarbonize Cespa’s chemicals business. Deliveries from this initial purchase will continue until January 2025. […]
In Chile, railway company FCAB announced the imminent arrival of Latin America’s first hydrogen-powered locomotive, developed by CRRC Qishuyan Company and set to operate on FCAB’s routes in Antofagasta. The locomotive, with a total power of 1000 kilowatts and equipped with a high-capacity hydrogen storage system, is designed to handle the region’s challenging terrain and […]
In Ohio, Babcock & Wilcox announced it had secured a contract to conduct front-end engineering and design for Canada’s first waste-to-energy plant with carbon capture and sequestration, located in Alberta. The project, led by Varme Energy Inc., aims to process 200,000 tons of waste annually while capturing carbon emissions to reduce greenhouse gases. B&W will […]
In Norway, United European Car Carriers announced that Toyota Motor Europe, Ford of Europe, and another major European automaker have joined its Sail for Change program to use bioLNG-fueled vessels for transporting vehicles across Europe. This move, part of UECC’s efforts to decarbonize logistics, is expected to reduce the company’s Scope 1 emissions by 80,000 […]
In Norway, Corvus Energy announced that its Pelican Fuel Cell System will be installed aboard the “MS Skulebas” by the end of 2024, following type approval from DNV for its safety and performance. The system, developed under the three-year H2NOR project, is designed to reduce emissions in the maritime sector and represents a major milestone […]
In Washington D.C., U.S. Representatives Tracey Mann and Marcy Kaptur, along with 39 colleagues, urged the U.S. Department of Treasury to prioritize domestic fuel producers in the implementation of the Clean Fuel Production Credit. The bipartisan letter calls for restricting the credit to biofuels made from U.S. feedstocks ahead of the January 1, 2025 deadline. […]
A handful of industrial biotechnology companies have the strength and purpose to make it as a public company — others remain private, are acquired, or wind down. What makes companies able to succeed with public investors? What combination of product mix, experienced management, technologies that excel, capital at work, and effective vision make it possible […]
