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Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world. million customers, 28.1
The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.
The Volkswagen Group is expanding its capacities in Russia with the construction of a new engine plant in Kaluga, Russia. Russia is the primary strategic growth market in Europe for the Volkswagen Group. With the construction of the engine plant, Volkswagen is expanding its industrial commitment in Russia.
The supervisory board of the Russian Corporation of Nanotechnologies ( RusNano ) has approved the state corporation’s participation in a project with China-based Li-ion battery manufacturer Thunder Sky to manufacture Lithium-ion batteries, the first such project in Russia. Tags: Batteries China Russia. billion rubles (US$575 million).
Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. Russia is set to become Europe's largest market for new vehicles by mid-decade and provides the Ford brand a huge growth opportunity. In 2002, Ford became the first foreign automaker to manufacture cars in Russia.
Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002. Earlier post.).
Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. The project is aimed towards the growing transportation industry, grid stabilization and renewable energy applications.
Methane pyrolysis separates methane (CH 4 ) into gaseous hydrogen and solid carbon that is a valuable material for various industry branches and can also be stored safely. Now, KIT is partnering with industry partner Wintershall Dea to further develop this process for use on an industrial scale. —Prof Wetzel.
India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. The parties also noted a significant increase in turnover between Russia and India. Sakhalin-1 produced an average of 227,000 bpd in 2021.
and Russia’s JSC Mobile GTES (MGTES), a whole-owned subsidiary of the Federal Grid Company (FGC) of Unified Energy System, have signed a strategic framework agreement to contemplate the manufacture of lithium-ion-based uninterruptible power supply (UPS) systems as part of a five-year engineering and framework agreement.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? —Baker Institute report Need Nickel?
The SAFE Center for Strategic Industrial Materials (C-SIM) released the first report in a series of policy papers regarding the various issues impacting domestic primary aluminum production: The US Aluminum Industry’s Energy Problem and Energy Solution.
Mercedes-Benz is starting construction on a new fully flexible passenger car plant in Russia. Daimler’s industrial commitment in Russia has so far has concentrated on commercial vehicle production. In the last ten years, the company has quadrupled its passenger car sales in Russia. Further Industry 4.0
This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. MMbtu in Russia, $8.7/MMbtu —Snam CEO Marco Alverà. Natural gas in the long term.
Ener1 has signed up two new customers for its Li-ion batteries: Hyundai Heavy Industries (HHI) and Toro. Hyundai Heavy Industries in Korea will receive Li-ion battery packs for electric buses; the packs are similar configurations as packs currently in operation in California with AC Transit.
After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated. High-capacity refineries require access to reliable sources of crude oil inputs to maintain higher utilization and to a sufficiently large pool of potential customers to supply.
system is an upgraded liquefied natural gas (LNG) fuel storage and supply system, which includes the next generation Westport LNG tank with an integrated second generation cryogenic LNG fuel pump. fuel system to further increase OEM interest in natural gas products with industry-leading performance, fuel economy and flexibility.
Siemens AG and Mitsubishi Heavy Industries, Ltd. Now, through the JV with Siemens, MH will add upstream blast furnaces and electric furnaces to its product portfolio, significantly enhancing its ability to supply products for all metals production processes through expanding the product line.
billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. Wolverine Power Supply Cooperative Inc. million in Recovery Act funding and $22.5
AvtoVAZ, the largest automaker based in Russia, a part of Rostec Corporation, introduced three new LADA concept cars at the Moscow International Motor Show 2014. Together, the new automotive alliance set up a joint manufacturing process in AvtoVAZ''s home town of Togliatti, Samara Oblast, Russia, in 2012.
Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.
GAZ Group, part of Basic Element, one of the Russia’s largest diversified industrial groups, and Gazprom have agreed to cooperate on using natural gas as a motor fuel. GAZ Group is the largest manufacturer of commercial vehicles in Russia. —Bo Inge Andersson, President/CEO of GAZ Group.
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. The deficit forecast for 2023 was revised to 0.2
The Russian Corporation of Nanotechnologies (RusNano) and Thunder Sky Group Limited (China) have signed an agreement establish the joint venture Lithium-ion Technology for the first Russia-based production of high-capacity lithium-ion batteries. Tags: Batteries China Russia. Earlier post.)
Hyundai Heavy Industries Co., have formed a 50/50 joint venture partnership to manufacture MidRange engines in Korea extending from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment. HCEC will supply engines spanning the MidRange 5.9-liter and Cummins Inc.
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.
Global crude oil supplies fell by 170 kb/d in December, to 91.2 OPEC crude supply in December fell to its lowest level in a year at 30.65 OECD industry inventories drew by 18.7 mb decline in OECD industry inventories. mb/d in 4Q12, with growth in refining activity concentrated in China, India and Russia.
Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. Key industry sources say they will potentially run out of coal in less than three weeks.
The agreement, which will strengthen both GE and Rosneft manufacturing and commercial capabilities, is part of GE’s plan to invest $1 billion in the oil and gas industry in Russia by 2020. With their focus on technology innovation, these two centers will help both companies to sustainably grow the oil and gas industry.
Critical has executed a 10-year slag supply agreement with Scandinavian steel giant SSAB to access approximately 2Mt of stockpiled high-grade vanadium-bearing Slag from three operating steel mills. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia.
AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Technologically, the auto industry could well be on the cusp of its biggest set of changes since the invention of the internal-combustion engine more than 100 years ago. million units in 2011 and only 13.6 million in 2012.
Liotech says it had already signed a number of contracts for battery supply prior to commissioning the plant. Implementation of public electric transport equipped with our lithium-ion batteries will significantly improve the environment in large cities in Russia. —Liotech CEO Alexander Erokhin.
The plan focuses on securing Hyundai’s leadership in the vehicle electrification, expansion of hydrogen industry ecosystem and self-driving commercialization, as well as the progressive expansion of its mobility services businesses. We will go anywhere there are the new technology, vision and talent to support our innovation drive.
Johnson Matthey also has signed a term sheet for the supply of nickel and cobalt from Russia-based Nornickel, and an agreement for the supply of lithium hydroxide from SQM—both agreements supporting a long-term sustainable supply of critical raw materials for battery materials production.
The United States Geological Survey (USGS) estimates that in 2021, the United States produced 17 million metric tons (MMmt) of ammonia, behind China (47 MMmt) and Russia (19 MMmt). Between 2012 and 2021, ammonia imports dropped from 37% of the total US ammonia supply to 14% of the total supply. MMBtu in March 2021.
To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action.
The most notable new policies include the US “Inflation Reduction Act”, legislation providing more than $369 billion in funding for clean technologies, and the European Union’s REPowerEU plan, which sets ambitious targets to reduce reliance on gas from Russia. Meanwhile, projects face long lead times to finance, develop and commission.
In addition, DSM Dyneema and RT-Chemcomposite, part of Rostec, will investigate the establishment of a joint venture for the production and sales of Uni-Directional products based on Ultra High Molecular Weight PE-fibers in Russia using DSM’s proprietary technology for life protection applications.
Additionally, in China, the desire to reduce air pollution for the Winter Olympics, as well as to reduce carbon dioxide emissions—5% of which are coming from the aluminum industry—is limiting the growth of aluminum production for 2022. Additional risk linked to Russia-Ukraine tensions.
6 European countries, the European Commission, Russia and Chile have all released hydrogen strategies since May 2020. The current electrolysis pipeline implies that by the mid-2020s, electricity supplied to electrolyzers globally could be on par with the total electricity consumption of Belgium or the US state of New Jersey.
Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Bcf/d in Russia. Bcf/d) lower during 2021 than 2020 because larger volumes of flexible LNG supplies, primarily from the United States, were shipped to Asia and Brazil.
BASF and Russia-based PJSC MMC Norilsk Nickel ( Nornickel ) signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries in Europe.
The City of Lancaster will supply guaranteed feedstock of recyclables, and will save between $50 to $75 per ton in landfilling and landfill space costs. Unlike other renewable energy sources, hydrogen can fuel hard-to-decarbonize heavy industrial sectors like steel, heavy transport, and cement.
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