Aemetis | September 20, 2022
Aemetis, Inc. a renewable fuels company focused on negative carbon intensity products, announced the volume of an offtake agreement that has been signed with Cathay Pacific Airways Limited for 38 million gallons of blended sustainable aviation fuel to be delivered over the 7 year term of the agreement.
Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails. The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
The supply agreement with Aemetis builds on Cathay Pacific’s ongoing commitment towards meeting its net-zero carbon emissions target by 2050. Cathay Pacific plans to use SAF for 10 percent of its total fuel consumption by 2030. The agreement also underlines oneworld Alliance’s commitment to collectively source SAF. Cathay Pacific is a founding member of the oneworld Alliance.
Cathay Pacific is the home airline of Hong Kong, offering scheduled passenger and cargo services to destinations in Asia, North America, Australia, Europe and Africa. The Cathay Pacific Group also comprises low-cost airline HK Express and express freighter airline Air Hong Kong. Cathay Pacific is a member of the Swire Group and is listed on the Hong Kong Stock Exchange (HKSE).
The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125 acre former U.S. Army Ammunition production plant site in Riverbank, California. The blended sustainable aviation fuel is scheduled to begin deliveries to Cathay Pacific in 2025.
“The use of sustainable aviation fuel by Cathay Pacific is another step by the oneworld Alliance toward lowering the environmental impact of aviation. Sustainable aviation fuel is an immediate solution to the decarbonization of air travel and cargo flights, without requiring extensive new fueling infrastructure or the expensive replacement of planes.”
Eric McAfee, Chairman and CEO of Aemetis
Powered by 100% renewable electricity, the Aemetis Carbon Zero production plant design utilizes renewable hydrogen. The renewable hydrogen is used to hydrotreat vegetable and other renewable oils to produce renewable aviation and diesel fuel.
To further reduce carbon intensity, the Aemetis Carbon Zero design includes capturing CO2 from the production plant and injecting the compressed CO2 into a sequestration well at the Riverbank site. The project is designed to permanently store an estimated 300,000 metric tonnes of CO2 each year from the plant.
Aemetis has a mission to transform renewable energy with below zero carbon intensity transportation fuels. Aemetis has launched the Carbon Zero production process to decarbonize the transportation sector using today’s infrastructure.
X2F and Covestro | September 27, 2022
X2F announced that it has joined a unique collaboration with Covestro, one of the world’s leading manufacturers of high-quality polymer materials, to develop a thermally conductive automotive heat-sink with in-mold electronics using X2F’s transformative controlled viscosity molding technology. Application samples will be displayed at Covestro’s booth (Hall 6/A75-1/A75-2) during the K 2022 exhibition Oct. 19-26, in Düsseldorf, Germany. This new product will be a unique alternative for automotive OEMs and processors who seek a replacement for cast aluminium heat-sinks that is both lighter and more affordable.
The new heat-sink molded of Makrolon® polycarbonate is approximately half as heavy as the typical aluminum part. It is part of an in-mold assembly that can be used to integrate LED modules directly into the headlamp housing – eliminating the weight and labor associated with the installation of brackets, screws, thermal pastes, and adhesives. The X2F technology is production-ready and has been demonstrated in high-volume series manufacturing for other applications.
Covestro continues to pioneer the use of in-mold electronics (IME) coupled with the heat management that Makrolon® TC polycarbonate provides.
“This new program involves using controlled viscosity molding by X2F to attach the LED module directly onto the thermally conductive heat-sink without fundamentally changing the heat-sink adjuster module design. We are pleased with the outcome so far of the X2F project where we have recently seen enhanced thermal management performance compared to traditional injection-molded processes, and look forward to how the automotive industry will adopt the technology.,”
Paul Platte, Senior Marketing Manager, Covestro LLC
X2F’s process enables sensitive electronics to be insert molded, thus providing functional integration, heat management, modularity, and miniaturization.
“This innovative technology enables the manufacture of previously impossible-to-mold thermoplastic parts that provide step-change improvements for our customers. In the case of heat-sinks, it dramatically streamlines production, reduces manufacturing times, eliminates fasteners and pastes, and increases product design flexibility,” said Reza Garaee, senior project manager for X2F. “This can be a game-changer for OEMs, and we’re thrilled to launch this new collaboration with Covestro.”
X2F’s ability to mold thermally conductive materials has applications far beyond heat-sinks. Thermal management is critical for superior performance in batteries, motors, and printed circuit board applications. The X2F controlled viscosity, low-pressure molding approach allows highly filled materials to be molded that are not possible with other manufacturing approaches. The result is 30-200% improvement in performance depending on the application and materials used.
X2F recently added a rotary table which reduces cycle times and opens up higher-volume production for its controlled viscosity molding machine. The rotary table enables X2F to reach production volumes of up to four million parts per year with one unit, depending on the cycle time, for the manufacture of critical components in the electronics, automotive, industrial, and medical industries.
Covestro LLC is part of the global Covestro business, which is among the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.
Makrolon® is a registered trademark of Covestro Group.
The company is committed to becoming fully circular and aims to become climate neutral by 2035 (scope 1 and 2). Covestro generated sales of around EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people.
X2F, based in Loveland, Colo., is commercializing a new category of molding technology that leverages controlled viscosity and a patented pulse-packing approach to create high-value components for a variety of industries. X2F’s process uses advanced materials previously thought impossible to mold and achieves complex product geometries with improved operational efficiencies. The technology creates entirely new paradigms in product design, tooling, and material science for molded parts.
Piedmont Lithium | September 05, 2022
Piedmont Lithium a leading global developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced the selection of Etowah, Tennessee in McMinn County as the location of the Company’s planned 30,000 metric ton per year LHP2 lithium hydroxide operation. With a planned completion and start of production in 2025, the Company believes Tennessee Lithium will be the largest lithium hydroxide processing facility constructed in the United States. The Project is expected to convert spodumene concentrate sourced principally from Piedmont’s international project investments to significantly expand the U.S. supply of lithium hydroxide, a key component in the manufacturing of EV batteries.
“Companies like Piedmont Lithium choose to call Tennessee home because of our unmatched workforce and strong business climate,” said Tennessee Governor Bill Lee. “I thank this company for its investment in McMinn County and commitment to create nearly 120 manufacturing jobs for Tennesseans.”
“We are excited to announce the site of our newest project and partnership with the City of Etowah in McMinn County, and the State of Tennessee, as we advance our strategic goal of becoming a leading lithium supplier in the United States. We are humbled by the warm welcome we have received from our new partners, and we look forward to making Piedmont an integral part of the Etowah and McMinn County communities as we develop Tennessee Lithium together for our mutual success.”
Keith Phillips, President and Chief Executive Officer of Piedmont Lithium
Piedmont’s Tennessee Lithium facility should be among the first lithium hydroxide plants built with the innovative Metso:Outotec process. This process eliminates the acid-leaching of spodumene and the production sodium sulfate waste, which will make Tennessee Lithium one of the world’s most sustainable lithium hydroxide operations.
Tennessee Lithium’s production target of 30,000 tpy of lithium hydroxide will complement the Company’s planned Carolina Lithium operation to bring our estimated total U.S.-based production capacity of 60,000 tpy by 2026. Current total U.S. production of lithium hydroxide is just 15,000 tpy.
“The rapid electrification of the automotive market has led to massive investments in electric vehicle and lithium-ion battery production in the United States, creating a critical need for lithium hydroxide produced in the U.S.,” said Phillips. “Our Tennessee Lithium operation should play an important role in helping to mitigate supply shortages in the American EV industry and battery supply chain, particularly in the wake of recent legislation incentivizing the use of domestically sourced critical materials and providing tax credits for U.S. producers.”
The Project’s location in Tennessee was selected for its cooperative government relations, access to excellent infrastructure including rail, road and river transportation, a talented workforce, a constructive business climate, as well as its proximity to the battery and automotive plants being constructed by prospective customers, and the Company’s headquarters and Carolina Lithium project, both in Gaston County, North Carolina.
Front-End Engineering Design (“FEED”) for Tennessee Lithium will be performed by Kiewit and Primero. Kiewit Corporation, ranked 3rd in Engineering News Record’s 2022 Top 400 Contractors, is a U.S. based construction company and a leading Engineer, Procure, and Construct (“EPC”) firm. Primero Group is a specialized design-build firm with strong lithium industry know-how that has supported Piedmont’s development since early 2018. FEED will conclude in H1 2023 and position Piedmont to sign an EPC contract for the construction of Tennessee Lithium upon completion of permitting and project financing activities. As part of FEED, Kiewit and Primero are expected to complete a DFS for Tennessee Lithium by the end of 2022.
“Site selection and FEED award are important 2022 milestones toward potential first production from Tennessee Lithium in 2025,” said Piedmont Lithium EVP and Chief Operating Officer Patrick Brindle. “We’re pleased to align ourselves with top-tier contractors Kiewit and Primero and, having announced our site selection, we will proceed to develop the relevant permit applications for the Project. Tennessee Lithium is expected to share many attributes with our planned Carolina Lithium operations, including the use of the core Metso:Outotec technology package. In conjunction with FEED, the Kiewit and Primero teams should leverage the work we’ve accomplished over the past several years to deliver a definitive feasibility study of Tennessee Lithium by the end of this year. We hope to break ground here in Etowah on the earliest practically achievable timeline.”
Based on prior studies, Piedmont plans to invest approximately $600 million in the development of the operation. The Tennessee Lithium Project is expected to drive significant economic activity and create approximately 120 new, direct jobs.
About Piedmont Lithium
Piedmont Lithium is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our wholly-owned Carolina Lithium and LHP-2 Projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage.