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GM Creates New South America Regional Organization

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General Motors is creating a new regional organization to meet rising customer demand in South America. GM South America will be headquartered in Sao Paulo, Brazil and will be led by Jaime Ardila, currently president and general manager GM Mercosur. GM South America currently has 29,000 employees.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448
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Rockwood Lithium opens new lithium production facility in Nevada; announces global price increases for lithium salts

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million investment from the Recovery Act to expand its North Carolina lithium production facility as well as its production operations in Silver Peak, Nevada. After holding world leadership in lithium production in the early 1990s, the US now imports the majority of its lithium materials and compounds from South America.

Nevada 252
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BASF Breaks Ground for New Biodiesel Catalyst Plant in Brazil to Meet Demand in South America

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BASF broke ground for its new production plant for sodium methylate in Guaratinguetá, Brazil, its largest site in South America. Sodium methylate is an efficient and reliable catalyst for the production of biodiesel. It is the second BASF plant for this product, in addition to a plant in Ludwigshafen.

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Arbios Biotech forms global alliance with Shell Catalysts & Technologies; wood and post-consumer biomass to finished products

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Arbios Biotech, a joint venture between Licella and Canfor ( earlier post ), and Shell Catalysts & Technologies (SC&T), have formed a new global alliance aimed at utilizing SC&T’s upgrading technology capability in the pursuit of a low-carbon intensity, circular-economy-focused biorefinery.

Global 221
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EIA forecasts 2023 global production of liquid fuels to exceed 101 MMb/d for first time

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This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. Despite OPEC+ announcing it would cut crude oil production by 1.2 Despite OPEC+ announcing it would cut crude oil production by 1.2 per gallon this summer, peaking between $3.60/gal gal and $3.70/gal gal in June.

Global 210
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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.

Powered 243