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Latest News: Sustainability

Axens tapped for 3 new global licenses for SAF and renewable diesel production

Axens (Rueil-Malmaison, France) announced that leading energy players Galp, a major Portuguese multinational energy corporation, LOKEN, a Malaysian energy player developing one of the first renewable complex in South-East Asia, as well as SAFCO Venture Holdings Limited (SAFCO Ventures), have…

Solvay and Hankook sign MOU to develop circular silica for tire production

Solvay S.A. (Brussels, Belgium) and Hankook announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of circular silica coming from biosourced and waste sourcing for tire production. This partnership combines Solvay's silica expertise and sustainability…

Vale and GreenIron to explore metals & mining decarbonization projects in Brazil and Sweden

Vale S.A. (Rio de Janeiro, Brazil) and GreenIron H2 AB (Stockholm, Sweden) have signed a Memorandum of Understanding (MOU) to collaborate on key initiatives in Brazil and Sweden for the decarbonization of the mining and metals supply chain. Both companies…

Bayer and Neste to collaborate on developing feedstocks for renewable fuels

Bayer AG (Leverkusen, Germany) and Neste Corp. (Espoo, Finland) announced that they have signed a memorandum of understanding (MOU) to jointly scale winter canola as a biomass-based feedstock for renewable products like biofuels. Within the collaboration, the companies are going…

Avina Clean Hydrogen announces plans for sustainable aviation fuel facility in Illinois

Avina Clean Hydrogen Inc. (Short Hills, N.J.) has announced a transformative $820-million investment in the development of a state-of-the-art sustainable aviation fuel (SAF) production facility in Southwest Illinois. Leveraging KBR’s alcohol-to-jet technology, the facility will produce up to 120 million…

AGC and CERT Systems enter research partnership to further CO2-to-ethylene conversion

AGC, Inc. (Tokyo) has agreed to a joint research contract with Canada-based climate tech startup company, CERT Systems Inc. (hereafter CERT) to conduct research on the production of ethylene using CO2 as a raw material through electrolysis technology. In this…

Toray to build gigawatt-class mass-production system for water electrolyzer materials

Toray Industries, Inc. (Tokyo) announced that the Ministry of Economy, Trade and Industry has selected the company’s project to build a gigawatt-class mass production system for electrolyte membranes used in water electrolyzer for the Green Transformation Supply Chain Development Support…

New sustainable aluminum-powder facility using recycled materials to be built in India

Altana AG (Wesel, Germany) has announced that its group company, Eckart, has entered into a joint venture (JV) agreement with India-based sustainable manufacturing firm Runaya. The joint venture is establishing a new facility in Orissa (India), to produce sustainable spherical…

BP makes final investment decision for green hydrogen project at Lingen refinery

Bp plc (London) has made the final investment decision (FID) for the “Lingen Green Hydrogen” project. The company wants to achieve a significant milestone on the path to the development of green hydrogen on an industrial scale in Germany. Supported…

Vitol acquires majority stake in plastics recycling firm WPU

Vitol B.V. (Geneva, Switzerland) has entered into a conditional agreement to acquire a controlling interest in Waste Plastic Upcycling A/S (WPU). On completion, which is subject to certain conditions precedent, Vitol will own 90.36% of the share capital of WPU.…