CEMEX | April 19, 2022
CEMEX, S.A.B. de C.V. continues its path to a net-zero future by joining forces with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG in a milestone project that will combine CO2 with hydrogen to produce sustainable aviation fuel. This project is part of CEMEX's Future in Action program to reduce its carbon footprint and contribute to a circular economy and an integral component of CEMEX’s master plan to develop a carbon neutral operation at its Rüdersdorf cement plant by 2030.
The consortium will source green hydrogen generated exclusively from wind and solar energy from ENERTRAG. The CO2 will come from CEMEX’s Rüdersdorf cement plant in Germany, which will provide 100 tons of CO2 per day in the project’s initial stages. Sasol ecoFT will then contribute its innovative technology to produce e-kerosene, which, once certified, can be blended to constitute up to 50% of jet fuel.
“We are excited to be part of this groundbreaking project that will contribute to the decarbonization of two of the world’s key industries. The path to carbon neutrality will be built with innovation, and we remain committed to being at the forefront in developing new circular technologies and processes.”
Fernando A. Gonzalez, CEO of CEMEX
Sixty per cent of the carbon emissions in the cement production process come from the chemical reaction that occurs in cement kilns. To reach carbon neutrality, these emissions must be captured, stored, or repurposed in some way. CEMEX is leading the way in these technologies through partnerships with other industries, the work of its R&D center, and investments from its venture capital arm, CEMEX Ventures.
The Rüdersdorf carbon neutral alliance includes over 20 startups, universities, companies from other industries, and authorities working to develop industrial-scale solutions using leading-edge technologies to achieve the first carbon-neutral cement plant in the world.
ENERTRAG is a renewable-energy company based in Brandenburg, Germany. ENERTRAG develops, builds, owns, and operates utility-scale integrated energy plants in ten countries globally. ENERTRAG’s plants produce reliable electricity and green hydrogen exclusively from wind and sun. This is also the company’s role in the Concrete Chemicals consortium.
About Sasol ecoFT
Sasol ecoFT is part of the Sasol Group and world-leader in the development and application of the Fischer-Tropsch (FT) technology with more than 70 years’ experience. Sasol ecoFT leverages it proprietary technology, know-how and expertise to produce sustainable fuels and chemicals from green hydrogen and sustainable carbon sources, via the Power-to-Liquids (PtL) process. By deploying sustainable FT solutions globally, the company contributes to a thriving planet, society, enterprise and innovate for a better world.
CEMEX is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies.
Kontrol Technologies Corp. | March 24, 2022
Kontrol Technologies Corp. a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce that it has launched Kontrol Carbon as its branded solution to support its commercial and industrial customers in the areas of GHG emission monitoring, management and carbon credit monetization.
“We see the continued growth in interest from customers who are dealing with GHG emission regulations or seek to voluntarily reduce their GHG emission footprint. We seek to leverage the Kontrol brand and assist our customers in better monitoring, managing and in some cases offsetting and/or verifying the capture of their GHG emissions. Commercial and industrial buildings represent a significant source of GHG emissions, and we look forward to offering our solutions to help solve this global challenge.”
Paul Ghezzi, CEO of Kontrol Technologies
Solutions offered under the Kontrol Carbon brand will include GHG emission verification, carbon offsets and carbon capture verification. The solutions will be offered under the Kontrol Carbon brand by Kontrol’s wholly owned operating subsidiaries and will cover the industrial and commercial sector.
To accelerate its focus on the industrial building and customer market, the Company is pleased to welcome Ian Colquhoun, Ph.D., P.Geo to its Kontrol Carbon as Director of GHG Emissions. Ian is a PhD graduate of Western University and has a well-established career as a professional Geologist supporting the oil and gas and potash industries within Canada and the USA. He has worked as a petroleum geologist since 1995 and has been employed in managerial roles for small to medium sized, private, and publicly traded oil and gas companies since 2001. Ian represented the Ontario oil and gas industry as President of the Ontario Petroleum Institute (OPI) from 2012 to 2014. He has worked alongside of the Executive Director of the OPI in the preparation of the industry Sustainability Plan and Orphan Well Reclamation Program to the Ontario Provincial Government. Ian recently served as an industry representative on the Ministerial Petroleum Advisory Council.
Kontrol is also pleased to announce that it has been selected by a USA REIT, which operates hundreds of buildings across North America, to provide an energy management solution for the common areas of two (2) commercial buildings. Kontrol was selected following a submission and review process which began in 2021. As part of the energy management solution, Kontrol will install its SmartSuite technology and Cloud platform to provide visibility, analytics and smart control over areas which have experienced a large increase in energy costs. The installation is anticipated to be completed by the end of June 2022. For industry competitive purposes, the name of the REIT will remain confidential.
Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Chemours Company | March 11, 2022
The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, today announced it has suspended business with Russian entities in response to the ongoing military conflict and humanitarian crisis.
“Chemours condemns the senseless violence taking place and views continuing business as inconsistent with our company values. As always, we will work to meet the needs of our global customers throughout this process, however, we believe suspending business with Russian entities is the right thing to do. We will continue to monitor the situation closely and reassess in the future.”
Mark Newman, President and CEO for Chemours
Chemours also announced a $100,000 donation to the International Committee of the Red Cross to support humanitarian efforts in the region.
“Every day we encourage our people to operate with the courage to make a difference. Over the past two weeks the people of the Ukraine have embodied such courage and perseverance. Now, we want to do our part and help make a difference by supporting those in need,” said Newman.
Chemours has a small office in Moscow and is working closely with employees to ensure their safety.
About The Chemours Company
The Chemours Company is a global leader in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration, and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,400 employees and 29 manufacturing sites serving approximately 3,200 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.
International Petroleum Corporation | February 07, 2022
A new business, Refhuel, which will focus on reversible fuel cell technology launches.
It’s the result of a license agreement signed between Refhuel Limited, a subsidiary of Decama Capital Ltd, an Israeli investment company headquartered in the UK and listed on the Tel Aviv Stock Exchange and BIRAD, Bar-Ilan University’s research and development company.
The pioneering technology to allow reversible fuel cells, which is already in development, has been worked on at Bar-Ilan University in Israel under the leadership of Professor Lior Elbaz.
Professor Lior Elbaz, the head of the Israel fuel-cells consortium, is based at the Department of Chemistry at Bar Ilan University and is a globally respected fuel cells expert.
Refhuel is developing a reversible fuel-cell based on a proprietary hydrogen carrier technology that will enable efficient storage and production of energy.
The announcement comes as Decama Capital Ltd looks to expand and explore new investment opportunities, particularly in the renewable energy sector.
Professor Lior Elbaz, Co-Founder of Refhuel and Associate Professor in Chemistry at Bar-Ilan University, Israel, said:
“I am really excited to have reached this point. We have passed the proof of concept stage and, in time, the technology has the potential to revolutionize energy storage and production. The world is looking for affordable, sustainable energy and this technology promises to help deliver this.”
Dr. Tsvika Ben Porat, CEO of BIRAD
“The signing of the agreement with Decama Capital subsidiary Refhuel represents the latest example of BIRAD’s work translating the exciting research at our university into a commercial opportunity. Professor Elbaz’s work and innovation has the potential to change the way we store energy. It’s an example of not only Bar Ilan’s excellence but Israel’s leading position as a tech nation.”
Nate Lorenzi, Co-Founder of Refhuel and CEO of Decama Capital Ltd, said:
“We are delighted to come together with Bar-Ilan University to launch Refhuel. Professor Elbaz is a world leading figure and his research will have a transformational impact.
Energy supply and climate change are challenges facing every nation. As we move towards renewables, we face the problem of energy storage. The technology we are developing at refhuel has the potential to be the solution to this. This Is a landmark event for Decama Capital and we look ahead to have a great success with Refhuel.”
Decama Capital Ltd is a cross-sector Israeli investment company, with primary holdings in real estate, and an active interest in investing in rapidly growing industries, including impact investing and renewable energy. Founded in 2005, and listed on the Tel Aviv stock exchange, it has an experienced team of investment professionals. Headquartered in London and with offices in Israel, its expertise lies in its l, strategic and commercially driven approach to investing and navigating complex deals. Nate Lorenzi has been the CEO since 2018.
BIRAD Research & Development Company Ltd. was established in order to translate new inventions made at Bar-Ilan University into useful products that can be effectively commercialized, thus strengthening the economy, promoting innovation and improving lives. Bar Ilan University, founded in 1955, is Israel’s second largest university, with about 19,000 students and about 1,350 members of academic staff.
Professor Lior Elbaz is Associate Professor in Chemistry at Bar-Ilan University, Israel. He received his PhD in chemical engineering from the Ben-Gurion University, Israel. During his graduate studies, he specialized in electrochemistry and worked on the development of catalysts for fuel cells. He was a post-doctoral fellow at the Los Alamos National Laboratory in New Mexico (USA), returning there as Visiting Scientist, 2020-21. Professor Elbaz established the Israeli Fuel Cells Consortium in 2016 with the support of the Fuel Choices and Smart Mobility Initiative of the Israeli Prime Minister's Office, and heads it. This is a 12-member labs consortium with representation from all major universities in Israel. Professor Elbaz is also the Israeli representative to the International Energy Agency’s Advanced Fuel Cells Executive Committee, and a member of Israel’s President’s Climate Forum. He his consulting for some of Israel’s largest energy companies, and has been actively promoting the Hydrogen Economy.