In Iowa, Summit Carbon Solutions has engaged CIBC World Markets Corp. (CIBC) as financial structuring advisor for the company’s $4.5 billion project, which will be capable of capturing and permanently storing more than 12 million tons of carbon dioxide every year. CIBC will partner with Morgan Stanley in advising Summit Carbon Solutions on project-level debt […]
In Switzerland, Swiss sports brand On presents the first shoe made from carbon emissions, called Cloudprime. This is a significant moment in On’s journey to move away from petroleum-based resources by creating a new foam material called CleanCloud™, made using carbon emissions as a raw material. On is the first company in the footwear industry […]
In Washington, the U.S. Department of Energy (DOE) announced $178 million for bioenergy research to advance sustainable technology breakthroughs that can improve public health, help address climate change, improve food and agricultural production, and create more resilient supply chains. This funding will support cutting-edge biotechnology R&D of bioenergy crops, industrial microorganisms, and microbiomes. Alternative clean […]
In New Zealand, Air New Zealand will next week welcome the first shipment of Neste MY Sustainable Aviation FuelTM (SAF) into New Zealand (‘Aotearoa’) ready to power the airline’s fleet. The shipment of SAF is imported into New Zealand in partnership with Z Energy. The 1.2 million liter (937 tons) import of neat SAF is […]
In Washington, Agriculture Secretary Tom Vilsack announced that the Biden-Harris Administration through the U.S. Department of Agriculture is investing up to $2.8 billion in 70 selected projects under the first pool of the Partnerships for Climate-Smart Commodities funding opportunity, with projects from the second funding pool to be announced later this year. Ultimately, USDA’s anticipated […]
In Germany, Siemens Smart Infrastructure and Shell Global Solutions International BV have signed a Memorandum of Understanding (MoU) to collaborate on developing low-carbon and highly efficient energy solutions that support the energy transition. The agreement will focus on projects that produce green hydrogen for industrial applications at Shell and its customers, as well as enhancing […]
In Switzerland, Sulzer has partnered with CELLiCON to scale up its groundbreaking manufacturing technology for nano structured cellulose – a highly sustainable, plant-based alternative to conventional polymers. The technology slashes the traditionally high costs and footprint associated with nanocellulose, allowing it to be scaled and used as a building block for a wide variety of […]
In Texas, Technip Energies has purchased Biosuccinium® technology from DSM, adding a technology solution to its growing Sustainable Chemicals portfolio. This technology synergizes with recently developed proprietary bio-polymer technologies and provides a commercially referenced production of bio-based succinic acid (bio-SAc) that serves as feedstock for the production of polybutylene succinate (PBS). PBS itself is fully […]
In Denmark, TotalEnergies has signed an agreement with the Technical University of Denmark (DTU) to create a Center of Excellence in Decarbonized Energies. The advanced research center will focus on developing low-emission energy solutions that will accelerate the decarbonization of industrial facilities, the company said. The DTU-TotalEnergies Excellence Center of Clean Energy will construct a next-generation […]
In Dubai, Zawya reported that the Dubai Municipality announced that 85% of the emirate’s Waste Management Center (DWMC), a waste-to-energy project, has been completed. The project will contribute to Dubai Municipality’s strategic objective of reducing and completely diverting waste from landfills by 2030. The project, which is located in Dubai’s Al Warsan area, has the main […]
