article thumbnail

bp ventures invests $10M in waste-to-biomethanol company WasteFuel; offtake MoU

Green Car Congress

bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

Waste 284
article thumbnail

GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

Glencore and General Motors announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. Once the nickel and cobalt have been leached and are in soluble form, they must be separated from the residue waste material.

GM 459
article thumbnail

Hyundai Motor Group’s HTWO to supply ENGINUS with fuel cell systems for commercial trucks

Green Car Congress

Hyundai Motor Group’s dedicated fuel cell system brand HTWO will supply ENGINIUS , a subsidiary of FAUN Group, with fuel cell systems for mass production of hydrogen-powered commercial trucks. HTWO’s fuel cell electric vehicle (FCEV) technology is well established through Hyundai’s NEXO FCEV, which has sold more than 30,000 units worldwide.

Hyundai 259
article thumbnail

British Airways, Phillips 66 sign sustainable aviation fuel supply agreement

Green Car Congress

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. The SAF will be supplied to British Airways to power a number of its flights from early 2022.

Supplies 321
article thumbnail

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

Green Car Congress

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.

Waste 243
article thumbnail

Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

Green Car Congress

Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. Liquids will be neutralised by addition of limestone and disposed into approved waste-water systems.

Australia 387
article thumbnail

Asahi Kasei to produce S-SBR for eco-friendly tires using butadiene derived from plastic waste and biomass

Green Car Congress

regarding the supply of butadiene derived from plastic waste and biomass. To accelerate efforts for decarbonization to achieve carbon neutrality by 2050, the automotive industry is transitioning to electric vehicles while the tire industry is further improving the fuel-efficiency and wear resistance of tires.

Waste 221