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Neste investing €1.9B to expand renewable products refinery in Rotterdam; 1.2 Mtpa of SAF

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Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. million ton capacity for renewable products in Rotterdam is the largest in Europe.

Renewable 273
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FREYR Battery awarded $3B, 31 GWh inaugural offtake agreement with leading global ESS provider

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FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS). —Tom Jensen, the CEO of FREYR.

Global 221
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Finnish Minerals Group & FREYR Battery collaborate to develop LFP cathode materials plant in Finland

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Finnish Minerals Group, a mining and battery industry development and investment company, and FREYR Battery will cooperate to assess the feasibility of establishing an LFP cathode material plant in the city of Vaasa. Some of the mine’s production phase functions could be located outside the Sokli area. Sokli mining project.

Finland 186
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Researchers develop thin-layer artificial biofilm technology for green ethylene production

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Researchers at the University of Turku in Finland have developed a thin-layer artificial biofilm technology for sustainable and long-term ethylene photoproduction. The team optimized the production system by varying different parameters, such as radiance, inorganic carbon level, and periodicity of medium renewal. —Vajravel et al.

Green 386
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Finnish Minerals Group and Beijing Easpring to form JV company to advance €774M CAM plant project

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In November 2021, Finnish Minerals Group announced that it was negotiating with China-based Beijing Easpring Material Technology on the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland. The production capacity of the plant can be expanded in the future. Rendering of the Kotka CAM plant.

Companies 195
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ESL Shipping first to utilize Neste’s co-processed marine fuel for GHG emissions

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co-processed marine fuel ( earlier post ) in its vessels in Finland and Sweden. The ISCC PLUS certified marine fuel enables up to 80% reduced greenhouse gas emissions over the life cycle compared to fossil fuels without compromising the product quality and performance. Photo: ESL Shipping. Neste Marine 0.1

Mariner 273
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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia. We see a lot of parallels on where the vanadium industry is now versus where the lithium industry was 10 years ago. We believe that in the next 10 years vanadium will be the ‘new lithium’.

Europe 243