X-ELIO | September 19, 2022
BASF and X-ELIO have signed a 12-year Power Purchase Agreement to supply 48 megawatts (MW) of solar power to BASF's Verbund site in Freeport, Texas. With this agreement in place, 100% of the site's expected purchased power will be supplied from renewable energy.
The project will further reduce carbon emissions at the BASF Freeport site and offset more than 82,000 metric tons of CO2 emissions annually, based on EPA estimates. Freeport is one of BASF's six global Verbund sites, which takes an integrated approach to manufacturing, research and the overall management philosophy. Together with the maximum integration of infrastructure, processes, talent, energy and waste management, this philosophy creates a highly efficient manufacturing site.
"With this agreement, we take a big step forward, reaching 100% of the site's purchased power to be supplied from renewable energy. Securing renewable energy at our Freeport site is a necessary step to improving our energy footprint and we appreciate the partnership with X-ELIO, which helps us realize the company's goal of net-zero emissions by 2050."
Brad Morrison, Senior Vice President and Site Manager for the BASF site in Freeport
X-ELIO's 72 MW Liberty Solar Photovoltaic project located in Houston, expected to be operational by 2024, will generate 137 gigawatt hours (GWh) of clean energy per year while delivering more than $130 million in capital investment in the state and creating up to 125 construction jobs. The project will also include a 60 MW Energy Storage System.
Bill Morrow, Country Manager of X-ELIO in the U.S. highlighted: "This agreement is a major milestone in the development of renewable and sustainable energy for the industrial supply, one of the major objectives to achieve the necessary energy transition goals.
X-ELIO is a great partner committed to the sustainability needs of its customers and it is an honor for us to be able to collaborate with exceptional partners like BASF."
This agreement is fully aligned with X-ELIO's strategy to support all sectors on their path to a net-zero way of doing business as well as BASF's climate protection goals. BASF aims to reduce its greenhouse gas emissions by 25% by the year 2030 compared with 2018 and to achieve net-zero emissions by 2050.
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,700 employees in North America and had sales of $25.9 billion in 2021.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts in the U.S.
X-ELIO is specialized in the development, construction, financing and operation of sustainable energy projects with a global presence in Europe, the United States, Latin America, Japan and Australia. The firm has 17 years of experience with more than 2.6 GW built. The group is a world leader in the development of renewable and sustainable energy, with a strong commitment to greenhouse gas reduction and the fight against climate change.
Chromatic 3D Materials | September 22, 2022
Chromatic 3D Materials, a 3D-printing technology provider, has developed breakthrough Smooth-Mode technology for 3D printing of durable rubber parts with ultra-smooth surfaces at commercial volumes. Now, industrial manufacturers can 3D print smooth, high-quality polyurethane parts, such as seals, gaskets, grommets, bladders and other elastomeric products, with no post processing or surface finishing.
"Sealing requires a smooth surface, but 3D-printed parts have always had layer lines or roughness. We have developed a way to easily and cost-effectively 3D print products that are ultra-smooth without additional steps. It's a breakthrough for 3D printing those professional applications that must be airtight and watertight,"
Dr. Cora Leibig, Chromatic CEO and founder
Parts printed with Smooth-Mode technology have superior aesthetics as well as finer dimensional accuracy. For example, products can be printed with precise uniform thickness at submillimeter scale. Thus, the new technology is suitable for manufacturing rubber bladders and other elastomeric products that expand and contract.
Chromatic's team of additive manufacturing experts first achieved ultra-smooth prints by fine-tuning the viscosity and surface tension of the company's printable thermoset polyurethane materials. "We developed a way to go beyond simply applying our reaction technology to FDM printing. Smooth-Mode uses chemistry to create an ultra-bonded and smooth part. We believe this printing technique delivers the world's smoothest printing along the Z, or height, axis," explained Dr. Bart Engendahl, Chromatic's managing director in Germany.
Industrial manufacturers can take advantage of Smooth-Mode with Chromatic's RX-AM™ materials and technology platform. A 3-in-1 platform, RX-AM™ includes materials, software and hardware for deposition printing with reactive chemistry. RX-AM™, or Reactive Extrusion Additive Manufacturing, uses printable polyurethanes with Shore A hardness ranging from 50 to 90 as well as custom grades with varying colors, hardnesses and special properties. The platform is designed for printing commercial volumes.
About Chromatic 3D Materials
Chromatic 3D Materials is a 3D-printing technology company focused on more flexible, cost-effective and sustainable manufacturing of industrial-strength elastomeric products. Its portfolio includes printable polyurethanes and other thermoset elastomers for applications in transportation, industrial seals and gaskets, textiles, medical devices and defense. Chromatic's RX-AM™ materials and technology platform is based on Reactive Extrusion Additive Manufacturing, a type of deposition 3D printing that uses chemical reactions. Founded in 2016 by CEO Dr. Cora Leibig, Chromatic now has facilities in the US and Germany.
Lithium Americas | September 21, 2022
Lithium Americas Corp. is pleased to announce it has entered a Strategic Collaboration Agreement with Green Technology Metals Ltd. to advance a common goal of developing an integrated lithium chemical supply chain in North America.
“The collaboration between the groups has already commenced alongside Primero Group, making the combination of hard rock lithium development and processing one of world-renowned experience that will continue the growth of both businesses. Both GT1 and Lithium Americas have the shared objective of building the pre-eminent vertically integrated lithium business in North America. With the recent passing of the IRA, and the substantial domestic battery minerals sourcing requirements this imposes on car manufacturers seeking to attract consumer tax credits for their vehicles, the value of this end goal has increased further again.”
GT1’s Director, Cameron Henry
In North America, Lithium Americas is focused on developing its 100%-owned Thacker Pass project in Humboldt County, Nevada. The Company has received all federal and state permits necessary to begin construction and awaits a ruling on an appeal filed against the Bureau of Land Management on the issuance of the Record of Decision. The Company is actively preparing to commence construction, including planning early-works construction for late 2022, finalizing the selection of an engineering, procurement and construction management firm, hiring lead construction and project management roles, advancing financing and offtake discussions, and progressing the U.S. Department of Energy Advanced Technology Vehicles Manufacturing loan program.
ABOUT GREEN TECHNOLOGY METALS
GT1 is a North American focused lithium exploration and development business. GT1’s Ontario Lithium Projects comprise high-grade, hard rock spodumene assets (Seymour, Root and Wisa) and lithium exploration claims (Allison and Solstice) located on highly prospective Archean Greenstone tenure in north-west Ontario, Canada. GT1’s strategy is to build a vertically integrated lithium business in Ontario.
ABOUT LITHIUM AMERICAS
Lithium Americas is focused on advancing lithium projects in Argentina and the United States to production. In Argentina, Caucharí-Olaroz is advancing towards first production and Pastos Grandes represents regional growth. In the United States, Thacker Pass has received its Record of Decision and is advancing towards construction. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”.