Industrial | Page 73

Mercedes-Benz AG finalized a supply agreement with Canadian-German start-up Rock Tech Lithium Inc. to secure high-quality lithium used in battery production.

Honda announced two major investments in Ohio, including $700 million to re-tool several of its existing auto and powertrain plants for production of EVs and $3.5 billion with LG Energy Solution (LGES).

Milliken & Company, a diversified global manufacturer, announces its science-based net-zero targets have been approved by the U.N.-backed Science Based Targets initiative (SBTi).

The global capacity for carbon capture in 2030 is set to rise sixfold from today’s level to 279 million tons of CO2 captured per year, according to BloombergNEF’s (BNEF) 2022 CCUS Market Outlook.

ExxonMobil entered into a commercial agreement with CF Industries, a global manufacturer of hydrogen and nitrogen products, to capture and permanently store up to 2 million metric tons of CO2 emissions annually.

Delta Air Lines will embark on a multi-year, multi-market commercial and operational partnership with Joby Aviation.

Smart Energy Decisions' inaugural Net Zero Forum lived up to its promise to be the most successful event in SED history. Held in September at the JW Marriott Desert Ridge, Phoenix, the Forum featured pre-conference workshops, peer-2-peer conversations, general sessions, new sector-specific track sessions and a Supplier Solutions Center, countless opportunities to network and 450 one-to-one meetings between energy customers and suppliers to discuss the road to net zero and other sustainability strategies. 

A.P. Moller - Maersk (Maersk) announces that it has ordered another six large ocean-going vessels that can sail on green methanol.

CEMEX, S.A.B. de C.V. announced that it is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO2 roadmap and its 2030 decarbonization goals.

Union Pacific is reaching the railroad’s sustainability goals by adding dozens of electric vehicles to its systemwide fleet.