Remove Building Remove Industry Remove Market Remove South Africa
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
article thumbnail

Veolia launches largest project to produce bio-methanol from pulp mill waste

Green Car Congress

As part of this cooperation, Veolia will build a crude methanol refinery in connection with Metsä Fibre’s Äänekoski bioproduct mill. Swedish market pulp giant Södra launched the first pulp mill biomethanol plant at its Mönsterås mill, in collaboration with ANDRITZ, in 2020.

Waste 403
article thumbnail

South Africa Revitalizes Efforts on Automotive Li-ion Batteries

Green Car Congress

South Africa is reinvigorating its efforts to develop automotive lithium-ion batteries, with the government’s Industrial Development Corporation (IDC) now determining the commercial feasibility of battery manufacturing in the country. Engineering News. Beginning in the 1980s, CSIR had a lithium-ion battery effort led by Dr.

article thumbnail

All-electric member of new Mercedes S-Class on market next year: EQS based on new electric architecture

Green Car Congress

Mercedes-Benz’ EQS—the all-electric member in the new S-Class range—will arrive on the market next year. This vehicle architecture makes it possible to build Mercedes-Benz electric cars from saloons to large SUVs. The technical equipment featuring Industry 4.0 solutions is a key factor in the flexibility.

Mercedes 221
article thumbnail

Sibanye-Stillwater to achieve majority shareholding in Keliber; seeks to increase shareholding further to 80%

Green Car Congress

South Africa-based mining and metals group Sibanye-Stillwater acquired an initial 30.29% shareholding in Keliber Oy as announced on 23 February 2021, by way of a phased equity investment. In addition, there has also been a significant improvement in the fundamental outlook for the lithium market. Earlier post.).

Finland 186
article thumbnail

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell.

article thumbnail

Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

ACMA , the apex body of the Indian auto component industry, has shared this data from its Global Automotive Aftermarket Research Report , conducted in partnership with leading advisory firm Ernst & Young. The combined export potential to these ten markets is expected to grow to over USD 35 billion by 2028.

Auto 52