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BMW Group to procure low-carbon steel from Salzgitter AG for European plants; second low-carbon steel deal

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The BMW Group is expanding sourcing of low-carbon steel to two suppliers, meeting up to 40% of steel demand at European plants by 2030. In October 2001, the group announced an agreement with Swedish startup H2 Green Steel. Our aim is to reduce vehicles’ lifecycle carbon footprint with a holistic approach.

Carbon 293
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SK invests in Fulcrum BioEnergy to accelerate production of low-carbon fuel from waste

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the strategic investment arm of South Korea’s SK Group, was part of a $50-million investment in Fulcrum BioEnergy, a US-based waste-to-fuels company. Fulcrum produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels. Founded in Pleasanton, Calif.,

Waste 243
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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

BMW 444
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British Airways, Phillips 66 sign sustainable aviation fuel supply agreement

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British Airways and Phillips 66 Limited have entered into a multi-year supply agreement for sustainable aviation fuel produced at the Phillips 66 Humber Refinery, making the airline the first in the world to use SAF produced in the UK. SAF can reduce lifecycle carbon emissions by over 80% compared to the traditional jet fuel it replaces.

Supplies 321
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Rio Tinto and Giampaolo Group enter into Matalco aluminum recycling joint venture

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Rio Tinto and Giampaolo Group, one of North America’s largest fully-integrated metal management businesses, have entered into an agreement to form a joint venture to manufacture and market recycled aluminum products. The Matalco joint venture continues Rio Tinto’s investment in building its supply of low-carbon aluminum in North America.

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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170
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Hyundai Motor Group partners with Sudokwon Landfill on green hydrogen

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Hyundai Motor Group signed an MOU with the Sudokwon Landfill Site Management Corporation (SL Corp) to demonstrate new technologies for large-scale hydrogen production using biogas over the next two years. Fermentation of food waste produces biogas, primarily methane. The SL Corp. The SL Corp.

Hydrogen 150