Johnson Matthey | July 18, 2022
Johnson Matthey a global leader in sustainable technologies, announces that it is building a £80 million gigafactory at its existing site in Royston, UK, to scale up the manufacture of hydrogen fuel cell components. Earlier this year, JM announced a refreshed strategy, with an ambition to be the "market leader in performance components for fuel cells and electrolysers," targeting more than £200 million sales in Hydrogen Technologies by end of 2024/25.
The gigafactory will initially be capable of manufacturing 3GW of proton exchange membrane fuel cell components annually for hydrogen vehicles and is supported by the UK Government through the Automotive Transformation Fund. The APC forecasts that the UK will need 14GW of fuel cell stack production and 400,000 high pressure carbon fibre3 tanks annually to meet local vehicle production demands by 2035 whilst the market expects that there could be as many as three million fuel cell electric vehicles on the road globally by 2030.
The investment will safeguard highly skilled manufacturing jobs in the UK. The site is expected to be in operation by H1, 2024.
The new facility at Royston will deploy state-of-the-art manufacturing processes to scale up production of fuel cell components and to meet customer demand. The site could be expanded in the future, almost tripling potential capacity by using the decommissioned Clean Air production facility, to produce both fuel cell and green hydrogen components.
"Decarbonising freight transportation is critical to help societies and industries meet their ambitious net zero emission targets – fuel cells will be a crucial part of the energy transition. For more than two decades, JM has been at the forefront of fuel cell innovation. The fuel cell market has now reached a pivotal moment with the increasing urgency to decarbonise transportation and today marks the next step of the journey to a low-carbon future in the UK. We're delighted to be playing a key role in driving it forward."
Liam Condon, Chief Executive of Johnson Matthey
Business Secretary Kwasi Kwarteng said: "This investment, backed by Government, is a major vote of confidence from Johnson Matthey in the UK. Their new facility will not only add to our growing electric vehicle supply chain, but it will also help secure hundreds of highly skilled jobs.
"We are working hard to ensure the UK reaps the benefits of the green industrial revolution, and today's announcement reaffirms UK's reputation as one of the best locations in the world for high quality auto manufacturing."
Ian Constance, Chief Executive of the APC, the organisation tasked by the automotive industry and government to accelerate development of green vehicle technology and responsible for managing ATF, said: "This is incredibly significant and puts the UK in an enviable position in the global fuel cell supply chain. Our insight forecasts that the UK could dominate European fuel cell production and be a centre of excellence globally and today's announcement is a huge step towards realising that ambition.
"We already have 15% of the fuel cell value chain radiating from UK businesses but this could be as much as 65% just by expanding on current strengths in electrochemistry and coatings or using our automotive capability to volume manufacture components. Johnson Matthey, a world-leader in hydrogen technology, have seen this opportunity and I'm delighted they have chosen the UK to grow this capability."
Road freight accounts for about 9% of global CO2 emissions, with 62% arising from medium and heavy-duty trucking - the hardest-to-abate transport segments. Hydrogen fuel cell electric vehicles (FCEV) provide similar benefits to existing technology such as fast refuelling and long range but emit zero kerbside CO2 or other pollutants, so they are a popular option for decarbonising heavy-duty commercial vehicles and are core to a net zero future.
Afton Chemical | July 21, 2022
Afton Chemical Corporation, a global leader in petroleum additives, announced the recent completion of a $70 MM USD investment in its Sauget, IL Plant’s Automatic Transmission Fluid additive production facility.
The investment will help support the growing needs of oil marketers and Original Equipment Manufacturers for next-generation developments in electric vehicle fluids, including hybrid and battery electric vehicles. The improvements will also provide additional capability and capacity to meet continuing quality standards such as IATF 16949.
“We are committed to maintaining best-in-class manufacturing capabilities to better manage and respond to the needs of oil marketers and OEMs in the rapidly evolving EV market. The investments improve the overall efficiency of our manufacturing footprint to ensure supply continuity for our customers.” With the support of its parent company NewMarket Corporation, Afton has invested over half a billion USD since 2016 in capability and capacity around the world.
Ryan Pannell, VP of Manufacturing
“We are proud of the Sauget team’s ability to safely complete this complex project during the past two years. The capability and capacity added to the facility have us well-positioned to meet our customer’s increasing needs,” commented Kevin Steding, Sauget Plant Manager.
Afton Chemical is a global leader in automatic transmission fluid additives, resulting from many years of research and development with the world’s major OEMs. Afton leads the way in transmission additives for traditional step-type automatics and newer technologies, such as dual-clutch transmissions (DCT) and continuously variable transmissions (CVT) – and continues the leadership in electric transmissions.
“The rapid pace of change in HEV and BEV development brings additional lubricant demands and opportunities for enhanced performance, neither of which should be overlooked,” said Adam Banks, eMobility Marketing Manager. “Close supplier partnerships are vital to ensure that electrified transmission fluid (ETF) enables OEMs to keep driving powertrain designs forward without being held back. In addition, we continue to invest in new capabilities at our technology centers in the US, UK, China, and Japan for the unique testing and development capabilities necessary for EV product development and technology understanding. Our commitment to electrification and its role in delivering carbon improvement is part of Afton’s multi-faceted plan to make the world a better place.”
About Afton Chemical Corporation
Afton Chemical Corporation is part of the NewMarket Corporation family of companies. Afton Chemical Corporation uses its formulation, engineering and marketing expertise to help their customers develop and market fuels and lubricants that reduce emissions, improve fuel economy, extend equipment life, improve operator satisfaction and lower the total cost of vehicle and equipment operation. Afton Chemical Corporation develops and sells an extensive line of unique additives for gasoline and distillate fuels, driveline fluids, engine oils and industrial lubricants. Afton Chemical Corporation supports global operations through regional headquarters located in Asia Pacific, EMEAI, Latin America and North America. Afton Chemical Corporation is headquartered in Richmond, Virginia.
The Dow Chemical Company | August 10, 2022
Dow the world's leading materials science company, and X-energy, a nuclear energy innovation company, today announced that they have signed a letter of intent which will help Dow advance its carbon emissions reduction goals through the development and deployment of X-energy's advanced small modular nuclear technology in the U.S.
Dow and X-energy will collaborate with the intent to deploy X-energy's Xe-100 high-temperature gas reactor technology at one of Dow's U.S. Gulf Coast sites – which is expected to be operational by approximately 2030. The Xe-100 reactor plant would provide cost-competitive, carbon free process heat and power to the Dow facility. Dow also intends to take a minority equity stake in X-energy, working with the company to deploy small modular nuclear technology.
"Advanced small modular nuclear technology is going to be a critical tool for Dow's path to zero-carbon emissions and our ability to drive growth by delivering low-carbon products to our customers. X-energy's technology is among the most advanced, and when deployed will deliver safe, reliable, low-carbon power and steam. This is a great opportunity for Dow to lead our industry in carbon neutral manufacturing by deploying next-generation nuclear energy."
Jim Fitterling, Dow chairman and chief executive officer
X-energy's Xe-100 is a Generation IV, high-temperature gas reactor built on decades of research, development and operating experience. Each reactor is engineered to operate as a single 80 megawatts (MW) electric unit and is optimized as a four-unit plant delivering 320 MW electric. The reactor can provide clean, reliable and safe baseload power to an electricity system or support industrial applications with 200 MW thermal output per unit of high pressure, high temperature steam. Click here to see how the Xe-100 reactor works.
"Nuclear energy has always offered the promise of broad economy-wide decarbonization. Today's announcement marks an important step in turning that aspiration into reality," said Clay Sell, X-energy chief executive officer. "Dow has a remarkable 125-year history of bringing innovative solutions to the market, and their leadership is a critical driver in meeting decarbonization goals in the energy intensive industrial sector. X-energy is proud to combine our leading nuclear technology with Dow's production capabilities to deliver a global materials supply chain that is safer, cleaner, and greener than ever before."
The United States Department of Energy has recognized that advanced small modular nuclear reactor technology is a key part of the Department's goal to develop safe, clean and affordable nuclear power options. In 2020, X-energy was selected by the U.S. Department of Energy's Advanced Reactor Demonstration Program to deliver a four-unit Xe-100 plant in Washington state, which will make it among the first operational grid-scale advanced reactor plants in North America.
Small modular nuclear represents a key technology to enable energy-intensive industries to decarbonize. And this announcement marks an additional step in Dow's efforts to deliver 30% reduction in scope 1 and 2 carbon emissions since 2005 by 2030, on its path to achieving carbon neutrality by 2050. In 2021, Dow announced plans to build the world's first net-zero carbon emissions integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta.
It also builds on Dow's efforts to continue transitioning its sites and operations globally to cleaner power. Last year, the Company expanded its access to renewable power to more than 900 MW and obtained more than 25% of its purchased electricity from renewable sources. Today, Dow is among the top 20 users of clean energy among global corporations.
Dow's comprehensive "INtersections" ESG report provides more detail on the Company's continued efforts to reduce carbon emissions around the world.
Dow ombines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries.
X-energy is a nuclear energy innovation company focused on the development of next-generation, zero-carbon nuclear energy. Based in Rockville, Maryland, X-energy designs and deploys advanced nuclear reactors and manufactures its proprietary TRISO-X fuel to improve the delivery of safe, affordable energy to people around the world.