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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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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Based on preliminary economic activity and energy data, Rhodium Group estimates that greenhouse gas (GHG) emissions in the US slightly increased in 2022, rising 1.3% This reversal in 2022 was largely due to the substitution of coal with natural gas—a less carbon-intensive fuel—and a rise in renewable energy generation.

Emissions 273
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BMW Group plans to source steel produced with green power and hydrogen from H2GS in Sweden

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The BMW Group is systematically pursuing its goal of significantly reducing CO 2 emissions at their source in the supply chain. From 2025 on, the company plans to source steel produced with up to 95% less CO 2 emissions and without requiring fossil resources such as coal. Mercedes-Benz took a stake in H2GS in May 2021.

Sweden 341
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Germany and Australia to establish alliance on green hydrogen supply chain

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German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

Australia 334
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Air Products to acquire Shell’s coal gasification technology business and patent portfolio for liquids (residue) gasification; coal-to-fuels in China

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Air Products will acquire Royal Dutch Shell’s Coal Gasification Technology business as well as Shell’s patent portfolio for Liquids (Residue) Gasification. As a leading industrial gas company, Air Products has extended its onsite supply model to use coal gasification to generate synthesis gas (syngas) for major projects.

Coal 170
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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. earlier post ) The BMW Group has now signed an agreement with Salzgitter AG for delivery of low-carbon steel.

Carbon 293
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Air Products signs deal for $3.5B coal-to-syngas production facility in China

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Air Products and the Yankuang Group Co., billion coal-to-syngas production facility to be built in Yulin City, Shaanxi Province, China. Under the agreement, Air Products and Shaanxi Future Energy Group Co., SFEC would supply coal, steam and power and receive syngas under a long-term, onsite contract.

Coal 150