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As a part of its ambitious climate actions, Outokumpu is planning an investment in a biocoke and biomethane plant at its stainless-steel production site in Tornio, Finland. This large-scale biocoke project has now proceeded to a phase where Outokumpu is applying for investment support totalling EUR 25 million. If realized, this project would significantly increase self-sufficiency in energy in Finland, and it also has the potential to reduce carbon dioxide emissions by more than 200,000 tonnes per year. This project supports significantly the Finnish and European energy and climate targets for 2030.

“As the global leader in sustainable stainless steel, we actively look for new ways to reduce climate emissions. The new biocoke and biomethane plant would show that it is possible to produce a new raw material from the forest industry waste that is currently burned for low-efficient energy creation purposes. The new raw material, which is called biocoke, could replace the coke that we currently import and that is used as reductant in Outokumpu’s ferrochrome production process. The usage of the forest waste instead of solid wood, like other manufacturers, and the ability to produce a significant amount of biomethane in that process is showing the innovative capabilities of Outokumpu. The production of biomethane is enabling Outokumpu to become more independent of external fossil fuel sources,” says Juha Erkkilä, Outokumpu’s Head of Sustainability.

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Outokumpu’s climate target is to reduce carbon dioxide emissions by 42% by 2030 from the base year of 2016. This translates to an emission reduction of 14% by the end of 2025 from the 2021 levels, in accordance with the Science-Based Targets initiative’s 1.5 climate target. Outokumpu is the only producer of stainless steel with a climate target approved by the initiative.

“Using biomass-based raw material and biofuels produced from bio-wastes will significantly reduce carbon dioxide emissions and strengthen the execution of Outokumpu’s sustainability strategy. If realized, the project would strengthen the independence of Outokumpu from fossil fuels and create new job opportunities in the Tornio region. Our target is to make the investment decision in 2023, if the application for investment support is approved. Outokumpu has already started the environmental impact assessment for the project, and the first hearings have been carried out,” continues Erkkilä.

Outokumpu’s biocoke project is a result of the research done in the Towards Carbon Neutral Metals (or TOCANEM) program*, financed by Business Finland. The biocoke project would, if realized, be one of the first new significant industrial investments to reduce carbon dioxide emissions as a result of the TOCANEM program. In the TOCANEM research program, the metal industry and research organizations have together researched possibilities to reduce carbon dioxide emissions in the production of steel and other metals.

Metso Outotec is introducing the next generation of its ColumnCell™ flotation cells to the market. The new Metso Outotec ColumnCell™ leverages the company’s legacy technologies, as well as state-of-the-art best practices, delivering superior metallurgical flotation performance and energy efficiency for a wide range of applications and duties.

“In designing the new ColumnCell™, current and future customer needs were carefully studied. The optimized grade is especially important in cleaner circuits and can lead to significantly higher throughput for the entire flotation circuit. Flotation of fines requires specific features: high collection with smaller bubbles to guarantee good recovery, a less turbulent regime and good slurry distribution to avoid bypass, as well as a thicker and more selective froth to generate better product quality. We have designed ColumnCell™ to provide all these features, while also taking into consideration the ore type and the specifics of each project,” explains Antti Rinne, Flotation Vice President at Metso Outotec.

For the optimized performance of column flotation, Metso Outotec offers three sparger technologies: Microcel™ Static mixer, SonicSparger™ Vent and SonicSparger™ Jet. All three sparger options can be replaced online to maximize equipment availability and production rate and to reduce energy consumption due to fewer shutdowns and startups.

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Metso Outotec has one of the widest portfolios of flotation solutions on the market. The company’s extensive experience in process planning combined with its installed base enables Metso Outotec to design and deliver complete optimized flotation circuits catering to all types of applications and ores. Over the years, Metso Outotec has delivered close to 300 flotation columns worldwide. The company’s comprehensive service portfolio extends from spares and wears to advanced life cycle services and is backed by a global network of industry-leading service expertise. The wide variety of upgrades enables the restoration of outdated existing technology for optimized flotation performance and the achievement of sustainability targets.

With the introduction of the new ColumnCell™, Microcel™ flotation cell sales will be discontinued.

Read more about Metso Outotec ColumnCell™ on our website.

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com

A new, unique ultra-high-speed testing facility has been designed to evaluate the performance of materials needed to build and operate ultra high-speed transport systems.

  • Zeleros’ and ArcelorMittal’s work allows both companies to optimise the design and selection of steels to use in hyperloop vehicles and infrastructure
  • Zeleros releases a short film to mark latest phase of hyperloop development

Valencia, September 28, 2022 Zeleros, the European company developing the scalable hyperloop, an ultra high-speed transportation system for both public and goods transport, and ArcelorMittal, the world’s leading steel and mining company, have carried out trials to analyse the behaviour of steel grades for optimal use in hyperloops.

A testing facility in the form of a spinning wheel that can reach linear speeds of up to 500km per hour has been designed and built at ArcelorMittal’s Rail Excellence Centre in Spain, to test how certain steels perform in ultra-high-speed conditions, prior to testing on a scaled hyperloop track. The results provide data to further advance the selection of the best steels for hyperloop use, considering safety, energy efficiency, cost and scalability as the main decision criteria.

zel metal

A relevant collaboration for Zeleros’ scalable hyperloop

Zeleros and ArcelorMittal have been working together since 2017. Since then, experts from both companies – including all of ArcelorMittal’s R&D centres - have jointly developed studies to analyse the way in which materials behave in high-speed conditions, measuring the effects of key characteristics for hyperloop technology, such as the electromagnetic properties of steels (hyperloop designs propose the use of magnetic levitation). As part of the collaborative work between the two companies, ArcelorMittal’s rails business in Europe – ArcelorMittal Europe – Long Products, Rails and Special Sections - has developed new products with improved guiding and braking performance, as part of the wider co-engineering project between Zeleros and ArcelorMittal.

“To reach Zeleros' vision of building a scalable hyperloop, including the braking, guiding and levitation technology in the vehicle, this collaboration is key. Thanks to the continuous improvement of steels, we can radically reduce infrastructure costs and assure energy efficiency and infrastructure viability”, stated Daniel Orient, Zeleros’ CTO.

“The work we have been doing with Zeleros reflects the importance we place on our involvement in innovative projects using steel in infrastructure and transportation, and that contribute to reducing CO2 emissions”, said Nicoleta Popa, Portfolio Leader of Construction Applications, Infrastructures and Long Products of ArcelorMittal Global R&D.

“The multidisciplinary ArcelorMittal team for the structural, mechanical and electromagnetic aspects, proves the strength of our approach for such complex innovative projects, both in defining new products and in developing new solutions” said Frederic Painchault, Head of marketing of Global automotive & Mobility solutions.

Besides hyperloop, ArcelorMittal has participated in studies of materials for other applications developed by Zeleros, such as the SELF (Sustainable Electric Freight-forwarder), conceived to move standard intermodal containers in a faster, automated and sustainable way within ports, for which the test track is currently under construction in the port of Sagunto in Spain.

Likewise, the objective of Zeleros is to advance in the construction of mobility solutions that are sustainable and efficient like hyperloop and SELF, accompanied by partners with extensive industrial knowledge, as confirmed by the material studies carried out with ArcelorMittal.

About Zeleros:

Zeleros is the European company based in Spain leading the development of a scalable hyperloop system. Zeleros’ unique technologies integrated in the vehicle radically reduce hyperloop infrastructure costs per kilometer. The system also shortens path-to-market and offers a straight certification journey thanks to its operation at aviation pressure levels, using vastly proven safety systems for airplanes and railway. The company applies these pioneering technologies in the development of advanced mobility solutions for the automation of ports and airports such as SELF (Sustainable Electric Freight-forwarder).

Zeleros’ mission is to become the world's most scalable hyperloop system, and is validating the technologies with extensive testing, including the promotion of a European Hyperloop Development Center in Spain, including a high-speed test-track and test-benches to demonstrate the efficiency of the system. The company mobilizes more than 180 people worldwide, working with world-renowned leaders in the railway, infrastructure, aviation and energy sectors such as Renfe, Airbus, Acciona, Arcelormittal, Red Eléctrica de España, Capgemini Engineering, EIT Innoenergy, and CAF Group, as well as with research centers like CIEMAT and international investors such as Silicon Valley Plug and Play Tech Center.

More at: www.zeleros.com

 About ArcelorMittal:

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 million metric tonnes. Our purpose is to produce ever smarter steels that have a positive benefit for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/

From 26 to 30 September, VON ARDENNE will present its latest results in the development of PVD coatings for high-efficiency solar cells at their booth (A8/Mico North) and during presentations at the WCPEC-8 in Milan.

The World Conference on Photovoltaic Energy Conversion (WCPEC) combines the world's most important PV conferences with the European PV Solar Energy Conference (EU PVSEC), the Photovoltaic Specialists Conference (IEEE PVSC) and the International PV Science and Engineering Conference (PVSEC). Thus, it provides the ideal platform for international exchange.

Highly efficient solar cells thanks to PVD coating

Soon, highly efficient solar cells will be essential to achieve the targeted climate goals and the shift away from fossil energy sources. N-type cell technologies such as TOPCon and heterojunction are the main concepts available for investing in production at gigawatt scale now. Solar cells with more than 24 percent or over 25 percent efficiency are already on the market. And the potential is not yet exhausted: the next leap to 28 - 30 percent efficiency is expected to be achieved in a few years with tandem technologies. This is a combination of two stacked solar cells for higher efficiencies in mass production.

VON ARDENNE: XEA|nova L – PVD coating tool for high-volume manufacturing with a coating capacity of up to 12.000 wafersVON ARDENNE: XEA|nova L – PVD coating tool for high-volume manufacturing with a coating capacity of up to 12.000 wafers

The potential of the three technologies can only be leveraged with PVD coatings1. Thus, both heterojunction and TOPCon technology have already been able to challenge the previous standard (PERC cells) for significant market shares. A significant contribution to this has been made by the mechanical engineering company VON ARDENNE, which has already placed coating systems with an annual production capacity of 14GW on the market.

VON ARDENNE also has a pioneering role in tandem technologies: As one of the world's leading companies in vacuum coating technology and a specialist in scaling, the company is working with its partners on rapidly transferring this technology from the development and pilot stage to high-volume production for gigawatt factories.

Now, VON ARDENNE is presenting the latest results of its development work on heterojunction, TOPCon and tandem solar cells at WCPEC-8 in Milan.

VON ARDENNE GmbH

VON ARDENNE develops and manufactures industrial equipment for vacuum coatings on materials such as glass, wafers, metal strip and polymer films. These coatings give the surfaces new functional properties and can be between one nanometer and a few micrometers thin, depending on the application. Our customers use these materials to make high-quality products such as solar cells and solar modules, architectural and automotive glazing, lithium-ion batteries, fuel cells or components for sensors and optics. Systems and components provided by VON ARDENNE make a valuable contribution to protecting the environment. They are vital for the manufacturing of products that help decrease energy consumption or generate energy from renewable resources.

With more than 60 years of experience in electron beam technology and over 45 years of expertise in magnetron sputtering, VON ARDENNE is a pioneer and worldwide leading provider of PVD thin-film coating equipment and technology and vacuum processing technology. We supply our customers with technologically sophisticated vacuum coating systems, extensive expertise, and global service. The key components are developed and manufactured by VON ARDENNE itself.

TotalEnergies and SARIA, a leader on the European market for the collection and valorization of organic materials into sustainable products, have concluded an agreement to develop sustainable aviation fuel (SAF) production on the Grandpuits (Seine-et-Marne) zero-crude platform.

This agreement is a major step in securing feedstock supply (used cooking oils and animal fats) eligible to produce SAF and will enable the SAF production capacity to reach 210,000 tons per year, 25% higher than foreseen in the initial project announced in 2020.

Under this agreement, TotalEnergies will take 50% of a production activity of SARIA, that will supply animal fat esters to Grandpuits. SARIA will take an equivalent stake in the biofuels business of the Grandpuits biorefinery, which will remain operated by TotalEnergies. SARIA will also directly supply used cooking oils.

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“I am delighted to conclude this strategic partnership with SARIA, which reinforces the conversion of the Grandpuits refinery into a zero-crude platform oriented towards SAF. This is a major milestone in our ambition to become one of the leaders in sustainable aviation fuels,” declared Bernard Pinatel, President, Refining & Chemicals at TotalEnergies. “SAF is the most efficient solution to immediately reduce CO2 emissions from air travel, and its development is fully in line with the Company’s Climate ambition to get to net zero by 2050, together with society.”

The project is subject to the legal process for notifying and consulting TotalEnergies’ employee representatives and the approval of the competent authorities.

About TotalEnergies in Grandpuits

Commissioned in 1966, Total's Grandpuits-Bailly-Carrois refinery was for a long time the only refinery in the Paris region. In September 2020, TotalEnergies launched a project to convert the site, in line with its strategy to become carbon neutral by 2050. This zero-crude project, with a total investment of more than 500 million euros, is based on the development of several future-oriented activities in the field of biomass, renewable energies, and the circular economy: chemical recycling of plastic waste, production of biosourced and biodegradable bioplastics, production of biofuels for the aviation sector, construction of a solar farm and electricity storage by batteries. The start-up of these new units will begin in 2022, and they should all be operational by 2025.

TotalEnergies and Sustainable Aviation Fuels

TotalEnergies is developing Sustainable Aviation Fuels (SAF). These are biofuels produced from waste and residues from the circular economy (animal fats, used cooking oils, etc.) and "e-jets", synthetic fuels for aviation. These sustainable aviation fuels will significantly reduce CO2 emissions from air transport

Metso Outotec is launching NextGen Pelletizing™, a visionary concept for the next generation of pelletizing plants that strive to be carbon-neutral and autonomous. This revolutionary concept is a part of the company’s Planet Positive offering focused on environmentally efficient technologies.

“NextGen Pelletizing™ is yet further proof of our strong commitment to building innovative pelletizing solutions that are sustainable and contribute to climate targets. It offers significant benefits and will help the industry decarbonize, providing an 80 to 90% reduction in CO2 emissions,” says Attaul Ahmad, Vice President, Ferrous and Heat Transfer business at Metso Outotec.

NextGen PelletizingTM offers unmatched benefits

  • Further energy reduction of 5 to 10%
  • CO2 emission reduction of 80 to 90%
  • Production and availability increase of 10 to 15%
  • Improved product homogeneity and quality to support the transition of the steel industry

NextGen Pelletizing™ considers all relevant factors for energy efficiency, plant production, and pellet quality to enable a holistic optimization of the performance of the pelletizing process. It follows a modular approach to minimize the sources of CO2 from the three carbon-intensive steps involved in pelletizing and introduces further improved gas schemes, advanced combustion and burner technology (LowNOx, Hydrogen, and alternative fuels) as well as increased plant stability and performance through advanced process control.

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“Pelletizing is and will remain crucial in the future for the industry’s transition to green, carbon-neutral steel production. I am really excited about NextGen Pelletizing™, which I firmly believe will completely revolutionize the way pelletizing plants are built or operated in the future,” says Matthias Gabriel, Director, Ferrous technologies at Metso Outotec.

“The best part about NextGen Pelletizing™ is that it can be implemented fully or in parts, depending on the customer needs. And it can be easily upgraded in existing plants. Our experts will continue to evolve this vision with improved and innovative processes and tools,” he adds. 

Performance backed by a strong portfolio of online digital tools

As the original inventor of the pelletizing process, Metso Outotec’s NextGen Pelletizing™ also offers an exhaustive suite of digital solutions that help improve process performance, production capacity, and product quality as well as reduce energy consumption, environmental impact, and operation and maintenance costs. These solutions include VisioPellet , Ferroflame LowNox burner, Pallet Car Condition Monitoring System, and Training Simulator, amongst others.

Metso Outotec is a leading supplier of traveling grate pelletizing technology with an installed worldwide base of over 120 plants. The technology provides dependable process performance with an emphasis on optimizing fuel efficiency and minimal emissions.  

More information about the NextGen Pelletizing™ can be found on our website.

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com

Leading sustainable packaging company, DS Smith, has just announced a partnership with packaging machinery and systems provider Krones to create ECO Carrier, a fibre-based alternative to shrink-wrap for PET multipack bottles.

  • Two leading companies partner to provide fibre-based alternative to plastic on multipack bottled drinks

Showcased during the drinktec trade fair in Munich from the 12th – 16th September, ECO Carrier can be applied using the Krones mechanisation system for its LitePac Top range, which applies sustainable packaging solutions to PET. The system uses corrugated board clips to hold PET bottles together and is particularly suitable for a bottle range from 1L to 1.5L, in a multipack function of 2x2 or 3x2.  

ECO Carrier 6 Pack

Marc Chiron, Sales, Marketing & Innovation Director, Packaging at DS Smith said: “Our customers and consumers are demanding more sustainable solutions to replace problem plastic while integrating seamlessly with their production lines.

“Through our work with Krones, we are able to help our customers reduce their plastic usage, increase recyclability and transition to the circular economy by providing fully-recyclable fibre-based alternatives through an easy-to-implement solution.”

Wolfgang Huber, Head of Order Center and Assembly, Packaging Technology at Krones said “Our collaboration with DS Smith represents our shared sustainability ambitions which seek to provide products that align with consumers’ increasing desire for climate- and environment-friendly lifestyles.

“As a turnkey supplier with customers in every corner of the world, we have the expertise, the technologies, and the reach to contribute substantially to the complex sustainability challenges of today and tomorrow by making use of proven and state of the art packaging machinery made by Krones.”

Integrating seamlessly with production lines and consumer branding

Krones’ Variopac Pro® solution is designed so that it can be integrated seamlessly for the customer’s production line for minimum disruption and maximum efficiency. First trials in the field have shown that the ECO Carrier application is fully compatible with Krones Variopac Pro® and keeps up with line performance demands.

ECO Carrier is also fully customisable, enabling brands to incorporate their branding onto the cardboard bottle carrier and paper band.

CDM Icons ECO Carrier

Sustainability benefits

ECO Carrier offers substantial environmental benefits beyond plastic replacement. Designed using DS Smith’s innovative Circular Design Metrics, ECO Carrier has the potential for a 71% reduction in carbon footprint compared to plastic shrink-wrap, 100% recyclability, 100% renewable sources and is 100% planet safe[1].

ECO Carrier will be available to view at drinktec, Munich on the Krones stand located in Hall B6. For more information, please view the DS Smith website: New sustainable alternative to shrink wrap for PET bottle multipack - DS Smith

About DS Smith:  

DS Smith is a leading provider of sustainable fibre-based packaging worldwide, which is supported by recycling and papermaking operations. It plays a central role in the value chain across sectors including e-commerce, fast moving consumer goods and industrials.

Through its purpose of ‘Redefining Packaging for a Changing World’ and its Now and Next sustainability strategy, DS Smith is committed to leading the transition to the circular economy, while delivering more circular solutions for its customers and wider society – replacing problem plastics, taking carbon out of supply chains and providing innovative recycling solutions. Its bespoke box-to-box in 14 days model, design capabilities and innovation strategy sit at the heart of this response.

Headquartered in London and a member of the FTSE 100, DS Smith operates in 34 countries employing around 30,000 people and is a Strategic Partner of the Ellen MacArthur Foundation. Its history can be traced back to the box-making businesses started in the 1940s by the Smith family.

About Krones:

The Krones Group, headquartered in Neutraubling, Germany, plans, develops and manufactures machines and complete lines for the fields of process, filling and packaging technology. And Krones also offers a fit-for-purpose solution for bottle-to-bottle recycling of PET containers. The product portfolio subsumed in the House of Krones is rounded off by numerous products and services from Krones’ subsidiaries, themed around digitalisation, for example, digital container decoration, intralogistics and in-house valve production. Every day, millions of bottles, cans, and special-shaped containers are handled on lines from Krones, particularly in breweries, the soft-drinks sector and at producers of still or sparkling wines, and spirits, but also in the food and luxury-goods industries, plus the chemical, cosmetics and pharmaceutical sectors.

Worldwide, Krones employs around 16,300 people. Consolidated sales in 2021 totalled 3.635 billion euros. Around 90 per cent of its products are sold abroad. The group includes not only Krones AG (listed on the stock exchange), but also more than 100 subsidiaries and further sales and service companies worldwide.

 

 

Trimble has just announced that one of the largest forest companies in Sweden, Sydved, has selected Trimble’s CFHarvest to manage and increase the productivity, efficiency and sustainability of its forestry harvesting operations. Sydved is the first Swedish forest company to implement CFHarvest.

CFHarvest is a forest harvesting management and tracking system that provides real-time visibility of harvested volumes and location of wood. The system enables forest companies such as Sydved to reduce roadside and terminal inventory levels and improve the productivity of their harvesting operations. By minimizing equipment moves and improving locational awareness between the harvester and forwarder, CFHarvest can support the reduction of emissions from forestry operations. CFHarvest is a web-based Software-as-a-Service (SaaS) solution to also manage silvicultural operations and forestry services. In addition, CFHarvest can be used for mixed fleet operations and provide traceability to the source.

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“CFHarvest supports our desired way of working and creates opportunities for major efficiencies in our production process. The system will also serve as a key component in our harvesting operations that can enable us to focus on our quality and sustainability objectives. The service helps to steer resource-efficient use of round wood and minimize emissions of non-productive engine hours as well as protect soil floor and natural habitats,” said Örjan Vorrei, IT manager for Sydved.

“Supporting Sydved’s efforts to increase efficiency and drive sustainability in its operations is paramount. With CFHarvest, Sydved will have the benefit of seeing operational data in real time. Managers can plan, schedule and execute harvesting decisions based on real-time field data. The solution also optimizes cutting instructions to improve value recovery, whether logs or pulpwood. The real-time visibility of harvest operations improves forest-to-mill logistics, which can result in reducing carbon emissions intensity,” said Kevin Toohill, general manager of Trimble Forestry.

Sydved handles approximately 5 million cubic meters of forest annually; of which 3 million cubic meters are harvested by their approximately 200 contractors. Trimble’s CFHarvest will also be used by Sydved’s contractors to manage their operations.

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“With CFHarvest, our contractors will have better opportunities to both plan work execution and share essential information in real time. This creates the conditions for efficient use of machines and personnel while reducing the risk of damage to cultural and natural environments. Overall, CFHarvest enables the combination of sustainable working practices and good profitability. Addressing sustainability challenges was a key factor for us in choosing CFHarvest,” said Vorrei.

The implementation project will be driven by ForestX, Trimble Forestry's partner in the Scandinavian market. 

"To be the best forestry partner in Sweden, we need to work with the best technology providers. That's why we have chosen Trimble Forestry. It's great that Trimble has ForestX as a partner. ForestX's extensive knowledge of Swedish forestry and our conditions is an asset for us," says Vorrei.

"This is the first step in the expansion of CFHarvest in Sweden. It is exciting that we get to do this together with a well-established and well-informed customer like Sydved", says Carl Barck, CEO of ForestX.

About Sydved
Sydved handles approximately five billion cubic meters of wood annually and offers consulting advice and full forestry service. Sydved is based in the southern parts of Sweden with its head office in Jönköping. Sydved is owned by Stora Enso and Ahlstrom-Munksjö. For more information, visit: sydved.se (in Swedish).

About Trimble Forestry
Trimble’s Forestry Division offers SaaS and enterprise software to improve the productivity and sustainability of the world’s most recognized integrated forest-related organizations. Trimble’s Connected Forest™ solutions manage the full raw material's lifecycle of planning, planting, growing, harvesting, transporting, and processing. For more information, visit: forestry.trimble.com.

About Trimble
Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.

About ForestX
ForestX digitises the Scandinavian and European forest industry with sustainable solutions through selected systems and specialist know-how. ForestX was founded in 2018 and today has close to 50 employees in Sweden and in Pune, India. For more information, please visit: forestx.se

The agreement could help unlock Japan’s significant geothermal potential

Chevron New Energies International Pte, Ltd. (Chevron), and Mitsui Oil Exploration Co., Ltd (MOECO) have just announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan.

Chevron LogoBuilding on Chevron and MOECO’s long-standing relationship, the new collaboration will study geothermal resource potential across Japan and will evaluate the effectiveness of Advanced Closed Loop (ACL) technology for a future joint pilot project in Japan. Both companies may also assess potential collaboration for advanced geothermal technology opportunities using ACL globally.

Unlike conventional geothermal projects, which use traditional steam turbines requiring high temperatures often found in concentrated locations limited by geological characteristics, ACL can potentially enable access to geothermal resources at a wider range of temperatures and geologies through the application of alternative technology above and below the surface.

“Chevron and MOECO share a goal of delivering lower carbon energy solutions, while meeting the need for reliable, affordable energy,” said Barbara Harrison, vice president of Offsets & Emerging, Chevron New Energies. “This collaboration provides an opportunity for Chevron to combine its subsurface capabilities and technologies with MOECO’s intimate knowledge of Japan’s geothermal potential resource geology and its long history of responsible resource development. The joint team will have the opportunity to test emerging geothermal technology in a real world setting with significant scaling up potential.”

“MOECO entered the geothermal business in 2012 and has been expanding its geothermal portfolio since then. In parallel with conventional geothermal, we have been studying ACL technology for many years and we believe this collaboration with Chevron utilizing ACL technology could unlock tremendous geothermal resources in Japan,” said Hirotaka Hamamoto, CEO of MOECO. “This joint collaboration with Chevron, who has been a valued partner of MOECO for several decades in the energy industry, is intended to open a new chapter in the geothermal industry as MOECO aims to continue contributing to an environmentally sustainable world as a member of the Mitsui & Co.’s group companies.”

About Chevron

Chevron (NYSE: CVX) is one of the world’s leading integrated energy companies. We believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and growing lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

About MOECO

MOECO celebrated its milestone 50th anniversary in 2019. MOECO has been continually devoted to the exploration, development and production of energy resources globally building from the development of our gas projects in offshore Thailand. MOECO now embraces the challenge that comes with the world entering into a new era where society’s demands for energy are rapidly changing. We renew our commitment towards delivering energy resources that will strive to meet the demands of a changing society through our global expansion including the continued development of our geothermal business as one of the core group companies of Mitsui & Co.’s energy business value chain. More information about MOECO is available at www.moeco.com.

Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market.

In the drive towards lower carbon operations, the MoU will explore the opportunities for integrated wave energy, energy storage and power delivery solutions to facilitate the electrification of subsea assets as well as the utilisation renewable energy within harsh, deep sea environments.

Over an initial two-year period, the MoU will see the three parties utilise and share their combined capabilities within the subsea market to enable the deployment of a reliable, uninterrupted power supply located at point of use for cost-effective and market- competitive electrical power solutions. This could be within temporary, permanent or back-up use cases, including for charging systems for underwater vehicles and subsea production control systems.

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Within the scope of the MoU, Baker Hughes will bring its expertise as a leader in the design and
manufacture of subsea production equipment, by supplying subsea hardware including controls systems, power systems and other ancillary equipment. Verlume’s scope of supply will focus on the design and delivery of its Halo subsea energy storage system and Mocean Energy will be concentrated on the design and delivery of its Blue Star wave energy converters.

All parties are currently involved in Renewables for Subsea Power, a project combining Mocean Energy’s wave energy converter and Verlume’s Halo to deliver low carbon power and communication to subsea infrastructure such as Baker Hughes’ subsea controls equipment. This project, which will undergo onshore testing in late 2022, is a demonstration of the collaboration which has already taken place between the three signatories, and the types of opportunities that can now be further explored as part of the MoU.

The non-exclusive MoU is not intended to establish any joint venture, partnership or other legal entity among the three signatories.

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Cameron McNatt, Managing Director at Mocean Energy added: “For Mocean Energy, partners like Baker Hughes and Verlume, who have complementary technologies and skills, are essential to delivering complete solutions to address growing customer demand. The signing of the MoU marks a key milestone in our supportive relationship with these partners, and in our growth journey.”

Romain Chambault, Vice President Services & Offshore Europe at Baker Hughes commented: “The signing of this strategic MOU demonstrates Baker Hughes commitment to support our customers in finding clean energy technology solutions to decarbonise their offshore assets. Being a subsea integrator in this partnership with Mocean Energy and Verlume, we believe we can deliver a turn-key solution that meets the expectations of our customers and regulatory bodies.”

Richard Knox, Chief Executive Officer at Verlume said: “The signing of this MoU represents a long-standing relationship between the three parties, with a shared vision and commitment to bring forth power solutions which collectively deliver a greener, more sustainable subsea operational environment as part of the energy transition.”

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