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Search Results for: renewable products
Macquarie Asset Management to Acquire Nearly 50% Stake in Hydro’s Renewable Energy Arm
(IN BRIEF) Macquarie Asset Management has inked an agreement with Hydro, a prominent Norwegian aluminum and renewable energy company, to purchase a 49.9 percent ownership interest in Hydro’s renewable energy subsidiary, Hydro Rein, for $332 million. This deal values Hydro … Read the full press release
Eni and Lannutti Group Partner to Advance Decarbonization with Renewable Diesel HVOlution
(IN BRIEF) Enilive, a subsidiary of Eni focused on sustainable mobility, and the Lannutti Group, a prominent player in the logistics and road transport sector, have entered into an agreement to utilize HVOlution, a renewable diesel fuel derived from 100% … Read the full press release
ANDRITZ to Boost Renewable Energy Capacity at French Waste-to-Energy Center
(IN BRIEF) ANDRITZ, an international technology group, has received an order from Idex, a leading energy services company in France, to supply a third waste treatment line to a waste-to-energy center in Villers-Saint-Paul, near Paris. This extension will increase the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, France, French Waste-to-Energy Center, Idex, Jean-Pierre Lamalle, partnership, Renewable Energy Capacity, sustainability
TotalEnergies, Petrobras, and Casa dos Ventos Forge Partnership to Boost Renewable Energy and Low-Carbon Hydrogen in Brazil
(IN BRIEF) TotalEnergies, Petrobras, and Casa dos Ventos Holding have entered into a Memorandum of Understanding (MoU) to explore collaborative opportunities in the renewable energy and low-carbon hydrogen sectors in Brazil. Under this agreement, the three companies will jointly investigate … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Brazil, Casa dos Ventos, Casa dos Ventos Holding, low-carbon hydrogen, partnership, Patrick Pouyanné, Petrobras, renewable energy, sustainability, TotalEnergies
BASF Calculates Product Carbon Footprints for Key Nutrition Products, Outperforming Global Market Averages
(IN BRIEF) BASF, a leading chemical company, has calculated the Product Carbon Footprints (PCFs) for several key products in the human and animal nutrition markets, including vitamins, carotenoids, beverage processing polymers, feed enzymes, and feed performance ingredients. These PCFs represent … Read the full press release
Posted in Business, Chemicals, Commodities, Food & Beverage, Germany, Healthcare, Industrial, Management, News
Tagged BASF, Julia Raquet, Key Nutrition Products, partnership, Product Carbon Footprints, sustainability
Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion
(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged expansion, Financial, Neste, oil products, refinery, Singapore, Susanna Sieppi
Allianz Unveils Net-Zero Transition Plan with 2030 Targets for Emission Reductions and Renewable Investments
(IN BRIEF) Allianz has released its first comprehensive net-zero transition plan, reaffirming its commitment to achieving net-zero emissions by 2050 in its investment and insurance portfolios and by 2030 in its operations. The plan includes 2030 intermediate targets for reducing … Read the full press release
Europe’s Electricity Grids Face Crucial Upgrade to Accommodate Renewable Energy Surge
(IN BRIEF) The “Future of our grids” conference in Brussels is addressing the need to accelerate the development of electricity grids in Europe to accommodate the rapid growth of renewable energy sources like wind and solar. Current grid infrastructure struggles … Read the full press release
Cologne Bonn Airport Shifts Ground Fleet to Neste MY Renewable Diesel™, Reducing Emissions and Advancing Sustainability
(IN BRIEF) Cologne Bonn Airport has transitioned its diesel-powered ground fleet to Neste MY Renewable Diesel™, a renewable diesel made from 100% renewable raw materials. This switch is particularly important for vehicles that cannot be easily electrified, such as the … Read the full press release
Neste Partners with Suntory, ENEOS, and Mitsubishi to Produce Renewable PET Resin
(IN BRIEF) Neste has formed a collaboration with Suntory, ENEOS, and Mitsubishi Corporation to produce PET (Polyethylene Terephthalate) resin using Neste’s renewable feedstock, Neste RE™, on a commercial scale. Neste RE is derived from bio-based raw materials like waste and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged ENEOS, Lilyana Budyanto, Mitsubishi, Neste, Neste RE™, partnership, PET Resin, renewable, Suntory, Susanna Sieppi, sustainability
Neste’s Singapore Refinery Expansion Resumes Renewable Diesel Production After Repairs
(IN BRIEF) Neste has announced the resumption of renewable diesel production at its Singapore refinery expansion in early August, following an equipment-related shutdown in June. The company is working to ramp up production at the expanded facility, with plans to … Read the full press release
University of York’s Biorenewables Centre Receives £5 Million Funding to Lead Biohydrogen Development for Transport Sector
(IN BRIEF) The Biorenewables Development Centre (BDC), a subsidiary of the University of York, has secured £5 million in funding from the Department for Energy Security and Net Zero. This funding will support the BDC in leading the second phase … Read the full press release
Posted in Automotive, Business, Education, Environment, Financial, Industrial, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Biohydrogen Development, Biorenewables Development Centre (BDC), Dr Deborah Rathbone, Financial, partnership, sustainability, transport sector, University of York
Valio and St1’s Biogas Plant in Finland Advances Construction Preparations for Renewable Energy Production
(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is making progress with the construction preparations for a biogas production plant in Kiuruvesi, Finland. The company has finalized the site location through consultations with residents and agreement … Read the full press release
EIB Approves €575 Million Loan to Boost Repsol’s Renewable Energy Projects in Spain
(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s renewable energy projects in Spain, which will include wind and solar photovoltaic plants with a total capacity of 1.1 GW. The loan, signed in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged EIB, Josu Jon Imaz, partnership, renewable energy projects, Repsol, Ricardo Mourinho Félix, Spain, sustainability
Schneider Electric Launches Catalyze Partnership Program to Accelerate Renewable Energy Adoption in Semiconductor Supply Chain
(IN BRIEF) Schneider Electric has launched the Catalyze partnership program, aimed at accelerating access to renewable energy across the global semiconductor value chain. Intel and Applied Materials are the inaugural corporate sponsors of the program, which seeks to address the … Read the full press release
BASF Shanghai Coatings Sites and Resin Plant Transition to 100% Renewable Energy, Advancing Sustainability Goals
(IN BRIEF) BASF Shanghai Coatings sites and BASF Coatings’ resin plant in Shanghai have announced their transition to 100% renewable energy usage in 2023. This move aligns with BASF Coatings’ global sustainability targets and contributes to carbon reduction efforts. Through … Read the full press release
Neste Partners with Biofuel Express to Expand Distribution of Neste MY Renewable Diesel in Denmark
(IN BRIEF) Renewable fuel company Neste has formed a partnership with Biofuel Express to expand the distribution of Neste MY Renewable Diesel™ in Denmark. Biofuel Express will be responsible for distributing and selling the renewable diesel fuel, while Neste will … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management, Marketing, News, Retail
Tagged Biofuel Express, Christian Pettersson, Denmark, Martin Sebastian Agdal, Neste, Neste MY Renewable Diesel, partnership
Rottneros Secures Long-Term Renewable Energy Partnership with EnBW to Drive Sustainability Goals
(IN BRIEF) Swedish pulp and paper company Rottneros has entered into a long-term Power Purchase Agreement (PPA) with EnBW Energie Baden-Württemberg AG, the third-largest energy group in Germany. Under the agreement, EnBW will supply Rottneros with over 30 GWh of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged Carl Johannessen, EnBW, partnership, renewable energy, Rottneros, sustainability
Neste’s Inventors Honored with European Inventor Award for Transforming Waste into Renewable Solutions
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable solutions, has announced that its inventors have been honored with the European Inventor Award 2023 in the Industry category. The award, presented by the European Patent Office, recognizes … Read the full press release
Posted in Awards, Energy, Gas & Oil, Finland, Industrial
Tagged Annika Malm, Blanka Toukoniitty, EPO, European Inventor Award 2023, European Patent Office, feedstock, Jukka Myllyoja, Jukka-Pekka Pasanen, Lars Peter Lindfors, Neste, Pia Bergström, polymers, R&D Fellow, renewable diesel, renewable feedstock solutions, sustainable aviation fuel
Neste and ITOCHU Forge Licensing Agreement to Boost Renewable Diesel Distribution in Japan
(IN BRIEF) Neste and ITOCHU have expanded their collaboration through a licensing agreement, enabling ITOCHU to become an official distributor of Neste MY Renewable Diesel™ in Japan. This collaboration aims to increase the availability of renewable diesel in the country, … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial
Tagged Itochu, Japan, Neste, Neste MY Renewable Diesel™, Osaka-Kansai Japan Expo, Peter Zonneveld, renewable diesel, SAF, Tatsuya Tanaka
Volvo Group Partners with Vattenfall for Renewable Electricity Supply from Bruzaholm Wind Park
(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release
INEOS Olefins & Polymer Europe signs renewable power agreement with Skagerak Energitjenester for Norwegian plants
(IN BRIEF) INEOS Olefins & Polymer Europe has signed a deal with Skagerak Energitjenester to supply renewable energy to its Rafnes and Bamble plants in Norway. The plants will be provided with 100% green power generated from hydroelectric production, reducing … Read the full press release
Neste’s Renewable Diesel to be More Widely Available in the Netherlands through Partnership with Catom
(IN BRIEF) Neste has entered into a partnership with Catom, a Dutch company engaged in fuel and lubricant trade, distribution and sales, to increase the supply and distribution of Neste MY Renewable Diesel™, a product that can reduce greenhouse gas … Read the full press release
APM Terminals Doubles Down on Switching to Renewable Electricity to Reduce Emissions
(IN BRIEF) APM Terminals is committed to achieving net zero across all scopes by 2040, with a focus on the increased use of renewable energy. The company has taken several actions to reduce its carbon footprint, including switching to renewable … Read the full press release
Renewable materials giant Stora Enso partners with Valmet for sustainable lignin production
(IN BRIEF) Stora Enso, a Finnish renewable materials company, has announced a collaboration with Valmet, a Finnish engineering company, to develop next-generation lignin products and processes. The partnership aims to develop lignin products and processes to increase quality, customer value, … Read the full press release
Posted in Business, Environment, Finland, Industrial, News, Technology
Tagged asphalt, biomaterials, dyestuff, furniture panels, Hanna Karlsson, Jussi Mäntyniemi, Kimmo Ruohoniemi, kraft lignin, lignin, LignoBoost, plywood, Stora Enso, Valmet
Logistic companies HAVI and UFF to Test Neste and Scania’s Renewable Fuel Tracking Solution
(IN BRIEF) Neste and Scania are piloting a digital solution that tracks and verifies the use of renewable fuels by trucks. The solution combines data from Scania’s Fleet Management Portal and Neste’s fuel emission data to provide fleet management customers … Read the full press release
Crédit Agricole Assurances Acquires 50% of Renewable Energy Portfolio from TotalEnergies
(IN BRIEF) Crédit Agricole Assurances is acquiring 50% of a renewable energy portfolio from TotalEnergies with a total capacity of 234 MW, consisting of 23 solar power plants and 6 wind power plants. 25 of the power plants are already … Read the full press release
£73 Billion Sector Collaborates on ‘Flue2Chem’ to Transform UK Consumer Products Sustainability
(IN BRIEF) Industry leaders from a £73 billion UK sector, including Unilever, BASF, and Tata Steel, have joined forces in the “Flue2Chem” program to transform the sustainability of the consumer products industry and reduce greenhouse gas emissions. The project, which … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, Science, Technology, United Kingdom
Tagged BASF, Bruce Adderley, Carbon Clean, Centre for Process Innovation, Confederation of Paper Industries, consumer products, Croda, David Bott, Flue2Chem, greenhouse gas emissions, Holmen, Ian Howell, industrial waste gases, Johnson Matthey, Procter & Gamble, Reckitt, SCI, Society of Chemical Industry, sustainability, sustainable chemicals, Tata Steel, TFI, the University of Sheffield, The University of Surrey, Transforming Foundation Industries, UK’s consumer products industry, Unilever, UPM-Kymmene, value chain
Second PPA signed with EnBW to drive Evonik’s renewable energy ambitions
Evonik to Source Over a Third of its European Power Requirements from Offshore Wind Energy (IN BRIEF) Evonik, a specialty chemicals company, has signed a second power purchase agreement (PPA) with EnBW for an additional 50 MW of offshore wind … Read the full press release
Borealis to rely on renewable electricity from Eneco for its production operations in Belgium
New Borealis PPA takes company closer to goal of using 100% electricity obtained from renewable sources in its major business areas by 2030 Ten-year PPA delivers renewable electricity for even larger share of Borealis operations in Belgium starting January 2024 … Read the full press release
Posted in Austria, Belgium, Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Netherlands, News
Tagged Borealis, decarbonization, Eneco, hydrocarbons, Jean-Jacques Delmée, offshore wind farm, polyolefins recycling, Power Purchase Agreement, PPA, renewable electricity, SeaMade, sustainable energy, sustainable polyolefin, wind farm, Wolfram Krenn
Ørsted to leverage the strong fit between large-scale renewable energy and Power-to-X as part of a new large-scale project in Denmark
(PRESS RELEASE) FREDERICIA, 6-Dec-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants as well as the world’s most sustainable energy company, has announced a … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Technology
Tagged Anders Nordstrøm, Avedøre Power Station, electrolysis, green ammonia, H2RES, Idomlund, Niels Erik Madsen, onshore wind, Power-to-X, renewable energy, Renewable hydrogen, Skovgaard Energy, Solar PV, Ørsted
Anglo American’s steelmaking coal business in Australia will rely on 100 percent renewable electricity for its operations from 2025
(PRESS RELEASE) LONDON, 16-Nov-2022 — /EuropaWire/ — Anglo American plc (LON: AAL), a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore & more, has announced that its steelmaking coal business in Australia will rely on … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Metals and Minerals, United Kingdom
Tagged Anglo American, Anik Michaud, Australia, Blue Grass Solar Farm, Clarke Creek Wind Farm, Dan van der Westhuizen, electricity, renewable electricity, Stanwell Corporation, steelmaking coal
Borealis’ portfolio of premium polyolefins based on renewable feedstock will be deployed by REHAU, a leading supplier of polymer solutions, for the production of sustainable furniture edgebands
REHAU chooses Borealis’ Bornewables™ over conventional polypropylene (PP) for production of their RAUKANTEX evo sustainable edgebands Robust and durable, the Bornewables™ boast colour-stable chemistry and flexibility, and are suited for straight and contour processing Partnership embodies EverMinds™ approach to unlocking plastics circularity by using … Read the full press release
Rolls-Royce Power Systems and the German renewable energy expert SOWITEC partner over the production of green hydrogen with mtu electrolysers
Target: up to 500 MW electrolysis capacity for power-to-X projects Production of green hydrogen and e-fuels for shipping, aviation, mining, agriculture, data centers (PRESS RELEASE) LONDON, 4-Oct-2022 — /EuropaWire/ — Rolls-Royce (LSE:RR., ADR:RYCEY), the pre-eminent engineering company with focus on … Read the full press release
Hydro to switch to 100 percent locally produced power from renewable energy sources for its aluminium manufacturing plants in Sweden
(PRESS RELEASE) OSLO, 27-Sep-2022 — /EuropaWire/ — Norsk Hydro ASA (OTCMKTS: NHYDY), a Norwegian aluminium and renewable energy company committed to a sustainable future, has announced its intention to to switch to 100 percent locally produced power from renewable energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged aluminium, battery storage, Hydro, Hydro Extrusion Sweden, Hydro Extrusions, hydrogen, hydropower, Jonas Bjuhr, low-carbon aluminium, recycling, renewable energy, solar panels, sustainable aluminium
INEOS Styrolution and BASF make it possible for Orthex Group, a leading Nordic producer of household products, to offer consumers more sustainable products
Orthex houseware storage products made from INEOS Styrolution’s Luran ECO materials Biomass balanced styrene as plastic feedstock supplied by BASF Certified production processes and materials (PRESS RELEASE) LUDWIGSHAFEN/ FRANKFURT/ ESPOO, 15-Sep-2022 — /EuropaWire/ — BASF (ETR: BAS), the world’s largest … Read the full press release
Posted in Business, Chemicals, Environment, Finland, Germany, Industrial, Technology
Tagged Alexander Rosenlew, Artur Sokolowski, BASF, biomass balance, carbon neutrality, CO2 footprint, household products, INEOS Styrolution, ISCC, Luran® ECO, NAS®, Orthex, raw materials, recycled plastic waste, renewable feedstock, SAN, SmartStoreTM Compact, SMMA, Stefanie Kutscher, storage products, styrene acrylonitrile copolymer, styrene methyl methacrylate, styrene monomer, sustainable styrenics
Stora Enso to update on its key strategic growth areas: Renewable Packaging, Building Solutions and Biomaterials Innovations at its Capital Markets Day
(PRESS RELEASE) HELSINKI, 13-Sep-2022 — /EuropaWire/ — Stora Enso (HEL: STERV), a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper, has announced it will hold its virtual Capital Markets Day (CMD) on 13 September 2022. The … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management
Tagged Biomaterials Innovations, Bouygues Construction, building solutions, Capital Markets Day, CMD, De Jong Packaging, Fabrice Denis, financial targets, Laurence Mott, material transition, Northvolt, packaging solutions, Patrik Andreasson, renewable packaging, ROOC, Stora Enso, Tetra Pak
Ørsted commits to become the world’s first company to have all of its suppliers using 100 percent renewable electricity by 2025
(PRESS RELEASE) FREDERICIA, 10-Aug-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced its commitment of becoming the world’s first company to have … Read the full press release
Shell to triple its renewable capacity through the closing of the acquisition of Sprng Energy, an India-based renewable energy platform
(PRESS RELEASE) LONDON, 9-Aug-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced the closing of its acquisition of Sprng Energy, an India-based renewable energy platform. The transaction has been carried out via … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Actis, Actis Solenergi Limited, Powering Progress, renewable energy facilities, renewable energy platform, Shell Overseas Investment B.V., Shell plc, Solenergi Power Private Limited, Sprng Energy, Sprng Group of Companies
Marr Contracting to use renewable diesel produced by Neste in its heavy lift luffing tower crane fleet in Australia
(PRESS RELEASE) ESPOO, 29-Jun-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced that Marr Contracting, a world leader in the … Read the full press release