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Stranded assets: Chinese fossil car production plunges amid surging EV demand

The Driven EV News

"Zombie" ICE vehicle factories are sitting idle in China thanks to plummeting demand. Is this the canary in the coal mine for the global ICE vehicle death spiral? The post Stranded assets: Chinese fossil car production plunges amid surging EV demand appeared first on The Driven.

Chinese 126
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Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

Green Car Congress

Haldor Topsoe and Shaanxi Yanchang Petroleum have formed a joint venture with the aim of delivering locally produced MK-151+ methanol synthesis catalysts to the Chinese market. The joint venture will secure fast delivery to local customers, who demand high-performance catalysts for energy-efficient methanol production.

China 243
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Benchmark: battery supply chain hit by Chinese energy cuts

Green Car Congress

Benchmark Minerals reports that China’s ongoing energy shortage, which has seen local governments enforce intermittent power cuts since July 2021, has begun to affect domestic anode and cathode production as several producers were forced to scale back production in late Q3.

Mongolia 186
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Major deposits of rare earth elements reported at Ramaco’s Brook Mine in Wyoming

Green Car Congress

In association with researchers from the Department of Energy’s National Energy Technology Laboratory (NETL) and analysts at mining consultancy Weir International, metallurgical coal producer Ramaco Resources released an independent Exploration Target report with technical assessment of rare earth elements (REE) found at its Brook Mine in Wyoming.

Wyoming 467
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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

Green Car Congress

The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. Shandong Energy Group is the third-largest coal mining group in China in terms of production volume.

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$1.1B Huineng SNG plant goes on-stream transforming coal into natural gas in China

Green Car Congress

Haldor Topsoe A/S announced that Huineng, a large-scale SNG (Substitute Natural Gas) plant, went successfully on-stream near the city of Ordos, located in Inner Mongolia in the northern part of China. The Huineng SNG plant is owned and operated by the private Chinese company Huineng Coal Electricity Group and represents an investment of US$1.1

Coal 231
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GE and Shenhua open coal gasification joint venture in China

Green Car Congress

a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. GBI report: Asia-Pacific to be the leading coal-producing region. The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand.

Coal 199