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Neste, Marathon finalize transaction to establish JV for production of renewable fuels in US

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Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.).

Renewable 365
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Preem begins production of renewable diesel at Lysekil

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For the first time, renewable raw materials are being converted to Swedish Environmental Class 1 diesel (maximum sulfur content of 10 ppm) at Preem’s refinery in Lysekil. The aim is to annually produce up to 950,000 cubic meters (251 million gallons US) of renewable fuel by 2024. About two-thirds of the products are exported.

Renewable 319
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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

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The union called on the shareholders of HKM to commit themselves clearly to the future of the traditional steel mill and to invest now in its conversion. The French pipe manufacturer Vallourec SA wants to give up its 20% stake in HKM and withdraw from Germany.

Financing 221
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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. The collaboration has the potential to develop Norway into a key supplier of hydrogen to Germany and Europe.

Norway 468
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Hyzon Motors to collaborate with Transform Materials on renewable hydrogen production

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Hyzon Motors, a leading supplier of heavy-duty hydrogen-powered fuel cell electric vehicles, announced a non-binding memorandum of understanding (MoU) with Transform Materials, a provider of renewable hydrogen through its proprietary microwave reactor technology ( earlier post ). —David Soane, Transform Materials’ founder and CEO.

Hydrogen 259
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LG battery manufacturing sites to run on 100% renewable energy by 2025

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LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. The initiative is called RE100 or “Renewable Electricity 100%”. In 2020, LGES reported a conversion rate of 33% across its business sites.

Renewable 144
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Ørsted proposes to develop one of the world’s largest renewable hydrogen plants: SeaH2Land

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Ørsted, the world’s leading offshore wind developer, together with the major industrial companies in the North Sea Port cluster, have launched the SeaH2Land vision for a gigawatt scale project to reduce carbon emissions in the Dutch-Flemish industrial cluster with renewable hydrogen.

Hydrogen 284