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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing.

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Improved liquid hydrogen-powered Corolla and GR86 (carbon-neutral fuel) to participate in Super Taikyu at Autopolis

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The hydrogen-powered Corolla, mobile liquid hydrogen stations, and carbon neutral fuel have evolved in the two months since the Round 2 NAPAC Fuji SUPER TEC 24 Hours Race from 26-28 May. Carbon-neutral fuel. This reduces engine oil dilution and improves reliability and exhaust performance by reducing the burden on the engine.

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Cummins and Chevron advance strategic collaboration; focus on lower carbon-intensity fuels

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Cummins and Chevron USA, a subsidiary of Chevron Corporation announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains.

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Cabot Corporation to open new battery application technology center in Europe

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Cabot Corporation plans to establish a new technology center in Münster, Germany. The center will also support other Cabot product lines that support the battery market, including fumed alumina for separator and cathode coatings, and aerogel for thermal management.

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sennder and Cabot Corporation complete one of Europe’s first cross-border transportations using a heavy-duty electric truck

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sennder, Europe’s leading digital road freight forwarder and Cabot Corporation, a leading global specialty chemicals and performance materials company, transported one of Europe’s first zero-emission cross-border heavy duty loads.

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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. —Leon Topalian, Chair, President and Chief Executive Officer of Nucor Corporation.

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Rio Tinto and Nippon Steel Corporation to cooperate on low-carbon emission steel value chain

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Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding (MoU) jointly to explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain.