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Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

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The transition to electric vehicles has the potential to reshape much of the industry, including the supply base. —Stephen Smith, Chairman, President and CEO, Amsted Industries. The new group will bring together team members in multiple operations located in Mexico, Italy, China, Japan, Canada and the United States.

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European marine systems integrator orders Nuvera fuel cell system

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Nuvera Fuel Cells, LLC, a provider of heavy-duty hydrogen fuel cell engines for on- and off-road mobility and other applications, has signed a memorandum of understanding with Italy-based system integrator H2Boat, which is developing a zero-emission energy solution for marine applications. Nuvera continues to grow its European presence.

Mariner 221
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. The development of an international hydrogen market could also accelerate adoption. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu

Gas 243
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Glencore and Li-Cycle to study developing recycling hub to be largest source of recycled battery-grade lithium, nickel and cobalt in Europe

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Glencore International AG, a wholly owned subsidiary of Glencore plc, a leading producer, recycler, and marketer of nickel and cobalt for the production of electric vehicle batteries, and Li-Cycle Holdings Corp., A Li-Cycle Hub is a hydrometallurgical facility that processes black mass from lithium-ion batteries.

Li-ion 186
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Bcf/d) lower during 2021 than 2020 because larger volumes of flexible LNG supplies, primarily from the United States, were shipped to Asia and Brazil. An average of 49.0

Global 259
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom’s hydrogen technology has also been purchased by SNCF (France) and FNM (Italy). The battery is used to store braking energy, to boost acceleration and for auxiliary supply. Coradia iLint hydrogen trains are electric trains with a hydrogen-powered fuel cell for onboard electricity generation.

Hungary 334
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Verkor to build first gigafactory in Dunkirk

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French industrial company Verkor has selected the port city of Dunkirk (Hauts de France) for the construction of its first Gigafactory for the development of low-carbon battery cells designed to support Europe’s net-zero goals. Dunkirk is the most promising site out of the 40 investigated by Verkor in France, Spain and Italy.

Building 150