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Intel announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio. A rendering shows early plans for two new leading-edge Intel processor factories in Licking County, Ohio. Credit: Intel Corporation).
Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. Earlier post.) The two companies have committed to invest $3.5
Honda announced key next steps in the establishment of its EV Hub in Ohio. In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026.
Marathon Petroleum Corporation and Harvest Pipeline Company signed a letter of intent (LOI) on 27 Sept., agreeing jointly to develop infrastructure that will facilitate transportation of hydrocarbon liquids production from the Utica Shale in eastern Ohio and western Pennsylvania.
Honda will invest $700 million to re-tool several of its existing auto and powertrain plants in Ohio for production of electric vehicles. Honda plans to begin production and sales of Honda EVs in North America in 2026, based on its new Honda e:Architecture. Combined withe the $3.5-billion billion over the past five years alone.
The Ohio Third Frontier Advanced Energy Program recently recommended nearly $7.2 The Ohio Third Frontier Advanced Energy Program supports research and development that addresses the technical and cost barriers to commercialization of advanced energy components and systems, with preference to wind, biomass, and energy storage in Ohio.
Lima Energy Company, a subsidiary of USA Synthetic Fuel Corporation in Washington, DC, has signed a contract to supply up to 80 million barrels of oil equivalent (boe) of its “Ultra Clean Synthetic Crude” (UCSC) to Husky Energy’s Lima, Ohio Refinery over ten years.
Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.
Neste Corporation has made the final investment decision to invest into new renewable productsproduction capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. billion will expand Neste’s overall renewable product capacity by 1.3
Clean Fuels Ohio , a state-wide non-profit organization, has launched its Ohio Electric Drive Initiative designed to bring more than $10 million in federal funds to Ohio through the American Recovery and Reinvestment Act (ARRA). SEV-US plans to participate in similar funding programs in California, Missouri, New York and Texas.
Honda and LG Energy Solution announced that their new joint venture (JV) battery plant will be located in Fayette County, Ohio, about 40 miles southwest of Columbus, where the two companies will commit to investing $3.5 billion and creating 2,200 jobs, pending final government approvals. Earlier post.). In April 2022, Honda Motor Co.,
As the first of the 10 models, the mass-production model based on the Honda SUV e:prototype is scheduled to go on sale in spring 2022. For the procurement of batteries, Honda will strive to realize a “local production and local procurement” approach in Japan, which also will contribute to the growth of domestic industries in Japan.
The crop production will support Chemtex’s Project Alpha, a cellulosic biorefinery with an expected annual production of 20 million gallons of bioethanol and downstream sustainable chemicals, as well as onsite biogas for power generation. One of the two new BCAP project areas is sponsored by Chemtex International Inc.,
UGI Corporation has entered into a 15-year agreement with California-based technology developer Vertimass to utilize their catalytic technology to produce renewable fuels from renewable ethanol in the US and Europe. The technology enables flexible production of the renewable fuels to align with regional market demand.
Devon Energy Corporation has signed an agreement with Sinopec International Petroleum Exploration & ProductionCorporation (SIPC) whereby SIPC will invest $2.2 million net acres in the company’s previously announced positions in the Tuscaloosa Marine Shale, Niobrara, Mississippian, Ohio Utica Shale and the Michigan Basin.
The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.
The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas. Superior transparency and improved investor focus.
Acreage in Arkansas, Missouri, Ohio and Pennsylvania will be designated to grow giant miscanthus, a sterile hybrid warm-season grass that can be converted into energy to be used for heat, power, liquid biofuels, and bio-based products. A project area must have specific boundaries that are approved by the Secretary of Agriculture.
The funding will be used to prepare for start of production of the battery-electric CODA Sedan ( earlier post ), and to support the company’s 2011 sales and marketing efforts. CODA is considering several sites in Ohio for the construction of a power battery manufacturing facility that would also be built in a joint venture with Lishen.
The US Department of Energy has selected six projects for funding that aim to find ways of converting captured carbon dioxide emissions from industrial sources into useful products such as fuel, plastics, cement, and fertilizers. The host site for the pilot project is Cedar Lane Farms in Wooster, Ohio. DOE Share: $24,243,509).
The Department of Energy (DOE) has selected nine projects to receive approximately $4 million in cost-shared federal funding to improve the technical, environmental, and economic performance of new and existing technologies that extract, separate, and recover rare earth elements (REEs) from domestic US coal and coal by-products. Organization.
Their company, Farmers’ Ethanol , plans to combine energy and food production within the same facility and by doing so create a business that can survive the wild fluctuations in commodity prices that plague today’s corn ethanol business. As in a traditional ethanol plant, corn will be used as a feedstock to make the ethanol.
Valero Renewable Fuels Company, LLC, a wholly owned subsidiary of Valero Energy Corporation, has signed an agreement with ASA Ethanol Holdings, LLC to buy two ethanol plants that had been previously owned by VeraSun Energy Corporation. and Bloomingburg, Ohio—each have an annual production capacity of 110 million gallons.
Marathon Petroleum Corporation and Enbridge Energy Partners, L.P. These projects further MPC’s ability to access cost-effectively the shale production from this part of the country. Marathon Petroleum Corporation is the US’ fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 MPC will fund 37.5%
Boeing plans to acquire Aurora Flight Sciences Corporation ; Aurora specializes in autonomous systems technologies to enable advanced robotic aircraft for future aerospace applications and vehicles. —John Langford, Aurora founder and CEO. Terms of the agreement were not disclosed.
responsible for manufacturing operations of three auto plants and an engine plant in Ohio. Mitsugu Matsukawa, Operating Officer/ Chief Operating Officer, IT Operations/ Head of Production Planning Supervisory Unit, Production Operations, Honda Motor Co., David Maday, Executive Director, Corporate Development.
a subsidiary of Chesapeake Energy Corporation and affiliates of its partner EnerVest Ltd. In the agreement, Total acquires a 25% share in Chesapeake’s and EnerVest’s liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio. Total’s subsidiary, Total E&P USA, Inc.
Medium-voltage DC circuit breakers could enable significant improvements in the United States’ electrical system, transforming how electricity is delivered and managed across the entire power grid, as well as critical applications in industry, transportation, and resource production.
BP has reached agreement to sell its Carson, California refinery and related logistics and marketing assets in the region to Tesoro Corporation for $2.5 Carson refinery products and production (approximations). The sale also includes BP's interests in associated cogeneration and coke calcining operations. million gallons/day.
IACMI is dedicated to overcoming these barriers by developing low-cost, high-production, energy-efficient manufacturing and recycling processes for composites applications. Dow Chemical Company; DowAksa; DuPont; ESI North America; Evonik Corporation; Faurecia US Holdings; Fives; Ford Motor Company; GE Water & Power; Graco Inc.;
Honda began operation of a stationary fuel cell power station on its corporate campus in Torrance, Calif., The initiative leverages Honda's hydrogen fuel cell technology expertise and contributes to the company's global goal to achieve carbon neutrality for all products and corporate activities by 2050.
These products are specifically designed to assist automotive original equipment manufacturers (OEMs) in meeting 2025 US Corporate Average Fuel Economy (CAFE) targets. NEXMET 440EX is the company’s first new steel to be launched in this family of products.
In-Process Quality Assurance (IPQA) for Laser Powder Bed Production of Aerospace Components. This project will address the need for the development of a commercially available, platform-independent Quality Assurance technology for high-volume AM production of aerospace components, which is currently lacking within the industry.
Through this exciting new 10-year deal, Alcoa will deliver not only aluminum fan blade forgings but also a range of other advanced product forms, from blades and vanes to structural castings, for some of Pratt and Whitney’s best-selling engines. —Alcoa Chairman and CEO, Klaus Kleinfeld.
million tons of combined production last year, according to the companies’ respective annual reports. Murray Energy Corporation and its subsidiary companies currently operate 13 active coal mines, consisting of 13 underground longwall mining systems and 46 continuous mining units in Ohio, Illinois, Kentucky, Utah, and West Virginia.
One study surveyed by the CAR group found auto companies make up one-quarter of the top 20 corporate spenders on R&D globally. Within Michigan, Indiana, and Ohio alone, there are more than 350 higher education institutions offering programs related to engineering, designing, producing and maintaining automobiles. Source: IRI 2013, CAR.
The six sites have a combined ethanol production capacity of 670 million gallons per year. Under the proposed Bid Procedures, VeraSun is seeking to sell all of its production facilities and operations in separate or combined transactions. The “Marion Group” consists of the production facility in Marion, South Dakota.
Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio). The project will be implemented by a unique Texas not-for-profit corporation created to research, develop and implement smart grid clean energy systems. 24,978,264. 53,510,209.
Costs continued to decline, especially for light duty vehicle applications; the cost per kilowatt (kW) for high volume production of transportation fuel cells moved closer to DOE’s target of $30 per kW. In Spartanburg, SC, BMW’s production facility now hosts the world’s largest fuel cell material handling fleet to date.
The US Department of Energy will award up to $21 million to five projects that will develop supply systems to handle and deliver high-tonnage biomass feedstocks for cellulosic biofuels production. of Columbus, Ohio (up to $4.9 Earlier post.). switchgrass, miscanthus, energycane, sorghum, poplar, willow), forest resources (e.g.,
The report also highlights efforts in Colorado, Hawaii, New Jersey, and Ohio as rising stars in the hydrogen and fuel cell industry. When examining the top 100 companies on the Fortune list, the number grows, with almost 25% using fuel cells to power data centers, cell phone towers, corporate buildings, retail facilities, or forklifts.
24 in the Cities of Foshan and Yunfu, China; 13 in the US, including the states of California, Massachusetts, Michigan and Ohio; 3 in Brazil; and 1 in India. Kevin Colbow, Ballard’s Vice President – Technology and Product Development. In addition, the FCveloCity®-XD 200kW product will be capable of powering light rail systems.
These latest safety advances reflect a global vision announced by Honda global CEO Toshihiro Mibe in April 2021 to strive for both zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050 and carbon-neutrality for its products and corporate activities by 2050.
Georgia Tech Research Corporation. Wayne State’s proposed research will advance scientific understanding of parameters used to represent capillary pressure and relative permeability in the numerical simulation of hydrate dissociation and gas production. The Ohio State University. Marine Gas Hydrate Characterization. Description.
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