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POSCO begins construction of S Korea’s first lithium hydroxide plant

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POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. POSCO Group’s lithium brine demo plant in Argentina.

Argentina 369
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Elevance Renewable Sciences raises $100M in Series C Financing; Total Energy Ventures joins in

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which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Its manufacturing platform integrates its proprietary technology in novel combinations with established industrial processes (metathesis, transesterification, hydrogenation). Earlier post.).

Financing 210
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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

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Second, after HDF Energy incorporates these systems into their Renewstable power plant in an initial project, we plan to proceed with a technology transfer program to enable HDF Energy to assemble these fuel cell systems for global market sales of their Renewstable power plants. —Kevin Colbow, Ballard Chief Technology Officer.

Energy 195
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Volkswagen picks up pace of transformation with new ACCELERATE strategy

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To be able to finance the sizable future investments, the company will systematically work on increasing its efficiency with ACCELERATE. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. Increasing profitability. Faster expansion of e-mobility.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America. North America continues to be an impetus to global light vehicle demand levels. South America.

2015 150
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Ford CEO Fields elected to IBM Board of Directors

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His knowledge and insights in running a complex global business will make a significant contribution to IBM. In 2014, he became president and chief executive officer and was elected to the company’s board of directors, where he serves on the board’s finance committee. —Ginni Rometty, IBM chairman, president and CEO.

Ford 150
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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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To boost the global production capacity of green methanol, A.P. Its energy division—CIMC ENRIC—is a world-leading manufacturer of key equipment and services provider of engineering and system solutions for the clean energy, chemical and liquid food industries. CIMC ENRIC, a subsidiary of CIMC (China). Orsted (Denmark).

Green 199