Neste Corp. (Espoo, Finland; www.neste.com) and sustainability-focused investment company Mirova announced a combined €10-million investment into Recycling Technologies Ltd., a specialist plastic recycling technology provider. The aim is to accelerate the development of chemical recycling and foster the transition to…
Gevo, Inc. (Englewood, Colo.; www.gevo.com) has signed a Heads of Agreement (HOA) with Viva Energy Australia Pty Ltd, one of Australia’s leading energy companies and the exclusive supplier of Shell fuels and lubricants in Australia. The HOA will further solidify…
Neste Corp. (Espoo, Finland; www.neste.com) has acquired a minority stake in the German cleantech company Sunfire GmbH (Dresden, Germany; www.sunfire.de). Sunfire is a leading developer of high-temperature electrolysis technology. The company’s patented technology allows the production of renewable hydrogen as…
The Croatian oil and gas company INA has awarded Axens (Rueil Malmaison, France; www.axens.net) a license agreement to supply Futurol cellulosic ethanol technology and contract for basic engineering design of an advanced bioethanol production plant in Sisak, Croatia. Supplying INA…
Muroran Institute of Technology and Sumitomo Chemical Co. (Tokyo, Japan; www.sumitomo-chem.co.jp) will accelerate joint research on a new chemical recycling technology, which chemically decomposes waste plastics and reuses them as raw materials for petrochemical products, including plastics. In another joint…
Voltalia (Paris, France; www.voltalia.com), an international player in renewable energies, has signed a power sale contract with Braskem (São Paulo, Brazil; www.braskem.com.br). This client, as well as other long-term clients previously secured, will be supplied by Voltalia’s Solar Serra do…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) released a model framework for industry-wide methane regulations and urged stakeholders, policymakers and governments to develop comprehensive, enhanced rules to reduce emissions in all phases of production. “ExxonMobil has been applying the principles of this…
As automotive electrification continues to evolve, powerful lithium-ion (li-ion) battery architectures are at the center of discussions around electric vehicles. While battery system designs vary by manufacturer, the joint performance objectives for all automotive battery technologies are longer lifetime, operational…
BP plc (London; www.bp.com) has announced that, following an in-depth review examining the alignment of the climate-related policies and activities of trade associations with BP’s positions, it will leave three U.S.-based organizations – American Fuel and Petrochemical Manufacturers (AFPM), the…
Sekisui Chemical Co. (Osaka, Japan; www.sekisuichemical.com) and Sumitomo Chemical Corp. (Tokyo, Japan; www.sumitomo-chem.co.jp) have agreed to form a strategic alliance to deploy technology for manufacturing polyolefins using waste as a raw material. This alliance combines Sekisui’s production technology for transforming…