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Search Results for: renewable products
ANDRITZ Secures Contract for Advanced Sewage Sludge Incineration Plant in Germany
(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alexander Krenzer, Andritz, Benjamin Klammer, EcoFluid bubbling fluidized bed (BFB) boiler system, Germany, MVA Bielefeld-Herford GmbH, partnership, Sewage Sludge Incineration Plant, sustainability
SapuraOMV Upstream Achieves First Gas at Jerun Field Offshore Malaysia
(IN BRIEF) SapuraOMV Upstream Sdn Bhd has successfully started gas production at Malaysia’s Jerun field, where Shell plc holds a 30% stake through Sarawak Shell Berhad. Located offshore Sarawak, the field includes an integrated platform exporting gas via an 80-km … Read the full press release
BASF and Graphit Kropfmühl Partner to Reduce Carbon Footprint in Graphite Production
(IN BRIEF) BASF and Graphit Kropfmühl have entered a partnership to reduce the carbon footprint of graphite produced at Graphit Kropfmühl’s Hauzenberg site by at least 25% using renewable energy certificates. This reduced-carbon graphite will be used in BASF’s Neopor® … Read the full press release
Posted in Chemicals, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Technology
Tagged AMG Critical Materials NV, AMG's Enabled CO2 Reduction Portfolio, BASF, BASF Renewable Energy GmbH, carbon footprint, climate protection, CO2 abatement targets, CO2 emissions reduction, ECO2RP, EU taxonomy, Germany, Global Direct Procurement Plastic Additives, GoO, Graphit Kropfmühl, graphite production, Guarantees of Origin, Hauzenberg, Horatio Evers, insulation products, Neopor, Net zero emissions, Renewable Energy Certificates, renewable power, sustainability, Thomas Junker, Yong Liu
EIB Funds voestalpine’s Green Steel Initiative with €300 Million Loan
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
TotalEnergies Expands Sustainable Lubricant Production with Tecoil Acquisition
(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment
Tagged acquisition, automotive market, car manufacturers, carbon footprint, circular economy, environmentally friendly products, Finland, Hamina, industrial market, INNOVATION, Juha Kokko, June 2024, lubricant production, lubricants, marine market, oil regeneration, Pierre Duhot, premium regenerated base oils, Quartz EV3R, Re-Refined Base Oils, re-refining process, RRBOs, Rubia EV3R, sustainability, Tecoil, TotalEnergies, used lubricants, virgin base oils
TotalEnergies to Sell West of Shetland Assets to The Prax Group in Strategic Portfolio Realignment
(IN BRIEF) TotalEnergies has agreed to sell its entire stake in West of Shetland assets, including several fields and the Shetland Gas Plant, to The Prax Group. This transaction, pending regulatory approval, is part of TotalEnergies’ strategy to divest mature … Read the full press release
EIB and Cepsa Partner on €285 Million Biofuels Plant to Boost Energy Security and Decarbonisation
(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Biofuels Plant, CEPSA, decarbonisation, EIB, energy security, Maarten Wetselaar, partnership, SAF, Spain, sustainability
SBTi Launches Validation Council with TÜV Rheinland’s Fallight Xu Appointed as Member, Strengthening Global Climate Accountability
(IN BRIEF) The Science Based Targets initiative (SBTi) has launched its Validation Council to independently oversee target validation decisions globally, ensuring impartiality and expertise in greenhouse gas accounting. Fallight Xu from TÜV Rheinland Greater China has been appointed as a … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged appointment, Climate Accountability, Fallight Xu, leadership, partnership, SBTi, sustainability, TÜV Rheinland, Validation Council
BASF’s ZENOMENON Wins Prestigious Red Dot Award for Innovative Automotive Paint Design
(IN BRIEF) BASF’s Coatings division has received acclaim for its automotive paint, ZENOMENON, which was honored at the Red Dot Award: Product Design. This award, recognizing outstanding design quality, was given to ZENOMENON for its innovative approach in the “Materials … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Award, BASF, Cypris Materials, Innovative Automotive Paint Design, leadership, Mark Gutjahr, partnership, red dot award, sustainability, ZENOMENON
Shell Advances Carbon Capture Initiatives with New Projects in Alberta
(IN BRIEF) Shell Canada Products has announced the Final Investment Decision (FID) for two major carbon capture and storage (CCS) projects at the Shell Energy and Chemicals Park in Scotford, Alberta. The Polaris project is designed to capture approximately 650,000 … Read the full press release
EnBW and LevertonHELM Forge Alliance for Sustainable Lithium Production to Power European Electromobility
(IN BRIEF) EnBW and LevertonHELM have successfully collaborated on a project to produce high-purity lithium carbonate using direct lithium extraction (DLE) from thermal water at EnBW’s geothermal power plant in Bruchsal, Germany. LevertonHELM processed the extracted lithium chloride solution to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bart Vanden Bossche, Dr. Thomas Kölbel, electromobility, EnBW, Laura Herrmann, LevertonHELM, partnership, Stephen Elgueta Wallis, sustainability, Sustainable Lithium Production
Shell to Enhance LNG Leadership with Pavilion Energy Acquisition from Temasek Subsidiary
(IN BRIEF) Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., a subsidiary of Temasek. This acquisition includes Pavilion Energy’s global LNG trading business, which handles … Read the full press release
BASF’s Ultrasim® Celebrates 25 Years of Pioneering CAE Simulation for Plastics and Foams
(IN BRIEF) BASF’s Ultrasim® has marked 25 years as a leader in computer-aided engineering (CAE) simulation for plastics and foams since its launch in 1999. The platform has continually evolved, offering advanced simulation methods, extensive material data, and convenient web … Read the full press release
Posted in Artificial Intelligence (AI), Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged BASF, CAE Simulation, foams, Josef R. Wünsch, plastics, Stefan Glaser, Ultrasim®
Metsä Group Collaborates with ANDRITZ to Pave the Way for Carbon Capture Integration in Bioproduct Mill
(IN BRIEF) Metsä Group and ANDRITZ are pioneering the integration of carbon capture technology within a bioproduct mill, marking a global first in sustainable forestry practices. This strategic collaboration aims to seamlessly incorporate carbon capture modules into the mill’s operations, … Read the full press release
Posted in Austria, Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Andritz, bioproduct mill, Carbon Capture Integration, Finland, Metsä Group, partnership, Sari Pajari-Sederholm, sustainability
Industry Giants Join Forces to Transform Discarded Tires into Sustainable Automotive Plastics
(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release
Posted in Austria, Automotive, Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive, Borealis, Covestro, Finland, Germany, Guido Naberfeld, Jeroen Verhoeven, Neste, partnership, plastics, sustainability, Thomas van de Velde, tires
Carbon-Neutral Milk: Valio’s Biogas-Powered Truck Cuts Emissions by 85%
(IN BRIEF) Valio, a dairy company, has introduced a new biogas-powered milk truck that significantly reduces emissions compared to diesel trucks. This initiative aligns with Valio’s goal of achieving carbon-neutral milk production by 2035. The use of biogas not only … Read the full press release
bp and Worley Forge Strategic Alliance to Drive Efficiency and Value Creation in Global Site Projects
(IN BRIEF) bp and Worley have announced a new strategic alliance aimed at enhancing efficiency, continuous improvement, and value creation within bp’s global Site Projects organization. This collaboration, building upon a decade-long successful partnership between the two companies, seeks to … Read the full press release
Siemens Unveils Groundbreaking Circuit Breaker with Biomass-Balanced Plastics
(IN BRIEF) Siemens Smart Infrastructure and BASF have partnered to introduce a groundbreaking innovation in electrical safety products, unveiling the first circuit breaker to incorporate components made from biomass-balanced plastics. The SIRIUS 3RV2 circuit breaker utilizes materials derived from renewable … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Andreas Matthé, BASF, Biomass-Balanced Plastics, Martin Jung, partnership, Siemens, SIRIUS 3RV2 circuit breaker, sustainability
Neste’s Porvoo Refinery: Major Turnaround Concludes with €390 Million Investment, Sustains Uninterrupted Operations
(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release
Leadership Shifts Signal Strategic Pivot for Schaeffler AG
(IN BRIEF) Schaeffler AG announces leadership changes, with Heiko Eber appointed Head of Investor Relations (IR) and Renata Casaro tasked with leading the newly established Global Risk & Macroeconomic Analysis unit, effective June 1, 2024. Eber, previously managing IR at … Read the full press release
STMicroelectronics Announces Multi-Billion Euro Investment in SiC Manufacturing Facility in Italy
(IN BRIEF) STMicroelectronics, a global semiconductor leader, has unveiled plans for a new high-volume silicon carbide (SiC) manufacturing facility in Catania, Italy. This facility, part of ST’s Silicon Carbide Campus, will be fully integrated, covering R&D, manufacturing, testing, and packaging, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology
Tagged investment, Italy, Jean-Marc Chery, partnership, Silicon Carbide (“SiC”) Manufacturing Facility, STMicroelectronics, sustainability
Infineon Showcases Cutting-Edge Solutions for Green and Digital Transformation at PCIM Europe 2024
(IN BRIEF) Infineon Technologies AG is set to unveil its latest semiconductor, software, and tooling solutions at PCIM Europe 2024, focusing on driving decarbonization and digitalization. The showcase will highlight Infineon’s extensive power electronics portfolio, covering silicon (Si), silicon carbide … Read the full press release
Posted in Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged digital transformation, Dr. Gerald Deboy, Infineon, PCIM Europe 2024, sustainability
TotalEnergies Greenlights Expansion in Brazil with Atapu and Sépia Fields Development Phases
(IN BRIEF) TotalEnergies, in collaboration with Petrobras and partners in the Atapu and Sépia consortiums, has approved the Final Investment Decision (FID) for the second development phases of the Atapu and Sépia fields situated in the pre-salt Santos Basin, offshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Atapu, Brazil, expansion, Nicolas Terraz, partnership, Petrobras, Sépia, sustainability, TotalEnergies
Barclays and Unreasonable Impact Welcome 12 Ventures Advancing Sustainability in Asia Pacific
(IN BRIEF) Unreasonable Impact, in collaboration with Barclays, has unveiled the latest cohort of ventures joining its Asia Pacific program, aimed at fostering sustainable solutions to pressing societal and environmental challenges. The 12 ventures selected span diverse sectors, from healthcare … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged 12 Ventures, Asia Pacific, Barclays, Craif, Daniel Epstein, Enpower Greentech, Fermenstation, GRST, Lars Aagaard, Magorium, NEPRA, partnership, Provectus Algae, Retykle, Roceso Technologies, Sandeep Patel, Sheru, sustainability, Umitron, Unreasonable Impact, WASSHA
RWE Gas Storage West Initiates Market Survey for Future Hydrogen Storage Demand
(IN BRIEF) RWE Gas Storage West has launched an initial market survey to gauge future demand for hydrogen storage until June 2024, targeting hydrogen producers, users, industrial companies, and traders. Recognizing hydrogen’s pivotal role in the energy transition, the company … Read the full press release
Borealis Partners with Burgenland Energie for Green Energy Transition
(IN BRIEF) Borealis, a leading provider of sustainable polyolefins solutions, and Burgenland Energie, Austria’s top wind and solar power producer, have signed their first power purchase agreement (PPA) to drive renewable energy usage. Commencing in January 2026, Burgenland Energie will … Read the full press release
ANDRITZ Expands Carbon Capture Portfolio with CATACARB® Technology Partnership
(IN BRIEF) International technology group ANDRITZ has broadened its carbon capture technology offerings by entering a licensing agreement with US-based Eickmeyer & Associates, Inc., to utilize their hot potassium carbonate (HPC) technology known as CATACARB®. This collaboration enhances ANDRITZ’s ability … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, carbon capture, CATACARB®, Eickmeyer & Associates, Gary Buckholz, Harald Reissner, partnership, sustainability, technology, USA
University of East London Partners with Siemens to Achieve Carbon Emission Reduction Milestone
(IN BRIEF) In a significant milestone toward its 2030 net-zero target, the University of East London (UEL) has successfully reduced its carbon emissions by 10% from its 2020/21 baseline to 2022/23, marking the first phase of its net zero strategy. … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Carbon Emission Reduction, Faye Bowser, partnership, Professor Amanda Broderick, Siemens, sustainability, UK, University of East London
Schneider Electric Unveils Villaya Flex Microgrid Solution at ARE Energy Access Investment Forum 2024
(IN BRIEF) Schneider Electric, a leader in energy management and automation, debuted its latest innovation, the Villaya Flex microgrid solution, at the Alliance for Rural Electrification (ARE) Energy Access Investment Forum 2024 in Lagos, Nigeria. With over 756 million people … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Albert Fuchet, Alliance for Rural Electrification (ARE) Energy Access Investment Forum 2024, Bala Vinayagam, Schneider Electric, Villaya Flex Microgrid Solution
Siemens Energy and Energinet Forge EUR 1.4 Billion Pact to Revamp Denmark’s Energy Grid
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
BASF and 3B Fibreglass Collaborate to Reduce Carbon Footprint in Chemical Industry
(IN BRIEF) BASF, a global leader in the chemical industry, partners with 3B Fibreglass to advance its sustainability goals by incorporating sustainably produced glass fibers into its Ultramid® A & B compound portfolio. Utilizing green electricity in production, 3B Fibreglass … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged 3B Fibreglass, BASF, Belgium, carbon footprint, Chemical Industry, Ludovic Piraux, Maximilian Lehenmeier, partnership, sustainability
LANXESS Debuts High-Purity Aroma Chemicals at SIMPPAR, Emphasizes Sustainability in Perfumery
(IN BRIEF) At the SIMPPAR exhibition in Grasse, France, LANXESS showcased its comprehensive range of high-purity, nature-identical aroma chemicals for the first time, including innovative grades of Kalama benzyl benzoate and other developing aromatic ingredients. Featuring an array of floral, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Benzyl benzoate, Dr. Michael Zobel, High-Purity Aroma Chemicals, LANXESS, Perfumery, SIMPPAR, sustainability
EnBW Confirms 2024 Outlook Following a Robust 2023 Performance
(IN BRIEF) Georg Stamatelopoulos, the new CEO of EnBW, reflected on the company’s strong financial results for 2023 and affirmed the guidance for 2024 during the Annual General Meeting held virtually from Stuttgart. EnBW, which plans to invest about €40 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Andreas Schell, EnBW, Financial, Georg Stamatelopoulos, investment, Peter Heydecker
Saltigo Launches “Net Zero Custom Manufacturing” for Sustainable Production
(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged "Net Zero Custom Manufacturing", LANXESS, Michael Schäfer, Saltigo, sustainable production
ZF Wind Power Expands Capacities in India and Partners with ABS Wind for Enhanced Service in the US
(IN BRIEF) ZF Wind Power is boosting its capacity in Coimbatore, India, from 9 to 12 GW to meet the surging global demand in the wind market, supporting the transition of over 10 million households to green energy annually. Additionally, … Read the full press release
Siemens Completes Solar Farm to Power University of York’s Institute for Safe Autonomy
(IN BRIEF) Siemens has finalized the construction of a 200kWp solar farm at the University of York’s Institute for Safe Autonomy, as part of a £1.5 million research endeavor funded by the UK Research Partnership Investment Fund (UKRPIF). This collaborative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Faye Bowser, partnership, Professor Miles Elsden, Siemens, solar farm, sustainability, UK, University of York
Iberdrola Deutschland and Salzgitter AG Forge Green Energy Partnership
(IN BRIEF) Iberdrola Deutschland and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, have entered a 15-year power purchase agreement (PPA) to drive low-CO2 steel production and support industry decarbonization. Commencing in 2025, Iberdrola will supply over 900 GWh of … Read the full press release
LANXESS Unveils Innovative Solutions for Water Treatment and Recycling at IFAT 2024
(IN BRIEF) LANXESS is set to showcase its latest advancements in water treatment and recycling technologies at IFAT 2024 in Munich, from May 13 to 17, 2024. The company will spotlight solutions for PFAS removal, battery recycling, and PEM electrolysis … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged IFAT 2024, innovative solutions, LANXESS, Michael Rockel, recycling, sustainability, water treatment
EVBox Releases Impact Report 2023: A Comprehensive Review of Sustainability Milestones
(IN BRIEF) EVBox, a global leader in electric vehicle (EV) charging solutions, has unveiled its Impact Report 2023, showcasing the company’s dedication to sustainability and responsible business practices. The report highlights EVBox’s progress throughout 2023, emphasizing its commitment to environmental, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged EVBox, Financial, investment, Remco Samuels, sustainability
Husqvarna Group Achieves 51% Reduction in CO2 Emissions, Exceeding Targets Amid Sales Surge
(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Calle Medin, CO2 emissions, Husqvarna Group, sustainability