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SGL Group acquires BMW Group’s minority interest in carbon fiber JV

Green Car Congress

SGL Carbon SE is acquiring BMW Group’s 49% equity investment in the joint ventures SGL Automotive Carbon Fibers GmbH & Co. KG (Germany) and SGL Automotive Carbon Fibers LLC (US)—together referred to as SGL ACF. Carbon fibers and carbon fiber materials are at the core of SGL Group's corporate strategy.

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Hexcel to invest $250M in new carbon fiber plant in France; capacity expansions at nearby weaving and prepreg facilities

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Hexcel Corporation will invest $250 million in the construction of a carbon fiber plant in Roussilon, France. The new carbon fiber facility will occupy a 37-acre site at the Osiris Chemicals Industry Platform in Roussillon and will incorporate both polymerization and carbonization lines.

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DOE announces approximately $64M in funding for 18 projects to advance H2@Scale

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The projects will feature collaborations with EERE’s Advanced Manufacturing Office on manufacturing reliable and affordable electrolyzers and with EERE’s Vehicle Technologies Office on developing low-cost, high-strength carbon fiber for hydrogen storage tanks. Collaborative Composite Solutions Corporation. Nikola Corporation.

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Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars

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Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Korea National Oil Corporation. Earlier post.). Hyundai Oilbank.

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Kawasaki, Subaru, Toyota, Mazda, and Yamaha partner on producing, transporting, and using carbon-neutral fuels, including hydrogen

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Subaru Corporation, Toyota Motor Corporation, Mazda Motor Corporation, and Yamaha Motor Co., liter SKYACTIV-D (diesel) engine that runs on 100% bio-based fuel made from used cooking oil and microalgae fats supplied by Euglena Co., Kawasaki Heavy Industries, Ltd., Continuing to race using hydrogen engines.

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BMW begins road testing of i Hydrogen NEXT; small-series production model in late 2022

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The BMW i Hydrogen NEXT uses fuel cells from the product development cooperation with the Toyota Motor Corporation. The hydrogen needed to supply the fuel cell is stored in two 700-bar tanks made of carbon-fiber reinforced plastic (CFRP), which together hold six kilograms of hydrogen.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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Facing persistent shortages in domestic supply, the US has been forced to rely on imported materials, leaving clean energy technology production at greater risk of disruption. Selected projects fall under 12 areas of interest, corresponding to the selected US basins that have the potential to produce rare earth elements and critical minerals.