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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. TWh of batteries needed by 2030 will require $201 billion and the midstream production of battery materials will take the remaining $93 billion.

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LanzaTech, Northwestern, ORNL engineer microbe to convert industrial waste gases to acetone or isopropanol

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A team of scientists from LanzaTech, Northwestern University and the Department of Energy’s Oak Ridge National Laboratory have engineered a microbe to convert molecules of industrial waste gases, such as carbon dioxide and carbon monoxide, into acetone and isopropanol (IPA). —Jennifer Holmgren, CEO of LanzaTech. In this case of C.

Waste 273
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Neste Jacobs to build SunPine’s Tall Oil Rosin production facility; feedstock for renewable diesel

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Technology, engineering and project management company Neste Jacobs and SunPine, producing biochemicals and feedstock for second-generation renewable fuels, have signed an agreement for Neste Jacobs to perform EPCM services to construct a Tall Oil Rosin production facility in Piteå, Sweden. Earlier post.). Earlier post.).

Oil 218
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IHS Markit: production of carbon-free “green” hydrogen could be cost-competitive by 2030

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Costs for producing green hydrogen have fallen 50% since 2015 and could be reduced by an additional 30% by 2025 due to the benefits of increased scale and more standardized manufacturing, among other factors. There is growing potential for hydrogen to be used in transport, heating, industry and power generation.

Hydrogen 249
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Global Bioenergies reports first production of isobutene from wheat straw at the industrial pilot scale

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Global Bioenergies and Clariant announced the first isobutene production from a wheat straw hydrolysate, in the industrial pilot of Pomacle Bazancourt. This hydrolysate was converted into renewable isobutene in Global Bioenergies’ industrial pilot operated by ARD in its Pomacle-Bazancourt facility.

Global 150
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Neste Oil building pilot plant to produce waste-based microbial oil for NExBTL renewable diesel fuel; commercial production possible by 2015

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It will be the first pilot plant in Europe designed to produce microbial oil for use in manufacturing renewable fuel from waste-based raw materials. The technology enables the production of microbial oil with the help of fungi using waste and residues as a source of energy and carbon. Earlier post.)

Oil 199
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AVA Biochem enters JDA with Michelin Group for production of 5-HMF

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AVA Biochem developed, patented and piloted a novel hydrothermal carbonization (HTC) process for the conversion of industrial sugars into the 100% bio-based molecule 5-HMF. We will contribute to its know-how in the industrialization and evaluation of the performance of these products in different applications. Earlier post.)