Weekly News Round Up 29/11

WEEKLY NEWS ROUND UP

Welcome to our Weekly News Round Up of interesting articles in the sustainability space! 

Here are our top 5 news pieces for this week with key takeaways: 

1. Green ammonia market to grow by US$3.21 billion from 2024 – 2028

Green ammonia market to grow by US$3.21 billion from 2024 - 2028 | World Fertilizer 

⭐ Key takeaways: 

• The global #greenammonia market size is estimated to grow by USD 3.21 billion from 2024 - 2028, according to Technavio . The market is estimated to grow at a CAGR of 113.07% during the forecast period 📈
• The green ammonia market is experiencing significant #growth as businesses and governments prioritise carbon neutrality and #ecological footprint reduction 🌡️
• This #cleanenergy source is also used in power generation, #agriculture, and as eco-friendly #fertilizers, reducing greenhouse gas (GHG) emissions and environmental impact. Green ammonia projects are gaining traction as renewable energy sources become more accessible. This versatile commodity chemical is being used in fertilizer production, contributing to #sustainable agriculture, amongst other industries 🌱
• Green ammonia's production from renewable energy sources can help reduce GHG, contributing to #environmentalsustainability in power generation, agriculture, and manufacturing facilities. With increasing emissions regulations, green ammonia projects can help industries transition to clean energy and low carbon emissions, making it a valuable commodity chemical for various industries 🟢

2. Cemex to install plasma-based hydrogen production tech at UK cement plant

Cemex to install plasma-based hydrogen production tech at UK cement plant | Technology | H2 View

⭐ Key takeaways:

• Mexican #cement manufacturer Cemex plans to install plasma-based hydrogen production technology at its plant in the UK 🏭
• Cemex announced that will initially deploy HiiROC ’s plasma-based #hydrogen production unit at its Rugby cement facility as it looks to cut its CO2 emissions 📉
• The company’s #investment arm, Cemex Ventures, has made two key investments into the UK hydrogen technology start-up as it looks to expand its use of hydrogen 🟢
• “This deployment with Cemex marks a significant development in the use of HiiROC’s technology and another milestone in the rollout and production of affordable, clean and scalable production units for a hard-to-decarbonise industry,” said Tim Davies , co-founder and CEO of HiiROC 📈

3. Farm ditches crops for a green harvest of fizzy drinks

Farm ditches crops for a green harvest of fizzy drinks

⭐ Key takeaways:

• The three-generation Layton family – including grandfather Joe, aged 95, who refuses to retire – has moved from cattle to canning and is challenging the biggest names in soft drinks by making their own #sustainable of tonic water on their farm in Herefordshire 🥤
• The move – one of the largest green #investments by a family farm into the drinks industry – stemmed from a routine inspection of their potato crop which led to a discussion on farming innovation called anaerobic digestion, which breaks down organic waste to create renewable energy and #fertilizer. This has allowed them to use silage to take the farm’s energy off grid and sell the surplus electricity, gas and CO2 generated 🥔
• Nicholas Layton converted his old cattle shed into a 21st century cannery and the soft drinks industry is now watching to see if his beverages business, Foreva Farmers , will turn into a giant-slayer in the fizzy drink sphere as its cans roll off a production line where cows once calved 🐮
• They take #sustainability a step further by utilizing the CO2 generated during the anaerobic digestion process. Instead of releasing it into the atmosphere, they capture and repurpose this CO2 to carbonate their drinks. This closed-loop system not only minimises waste but also reduces their reliance on external sources of #CO2, further lowering their carbon footprint 🌡️
• Started in September, they’re already producing 7,000 cans per hour, 24 million per year. By the second quarter of 2025, they will be producing 33,000 cans per hour – a staggering 115 million cans a year – as they hope to give established brands such as Schweppes and Fever Tree a run for their money. As well as their classic tonic water, they make cans of elderflower and honey, cucumber and rosemary, and a spiced apple cola 🍎

4. Stegra signs 6TWh PPA with Uniper for green hydrogen-based steel plant

Stegra signs 6TWh PPA with Uniper for green hydrogen-based steel plant | Power | H2 View

⭐ Key takeaways:

• Swedish green steelmaker Stegra has signed a six-year #electricity supply agreement with Uniper for a total of 6TWh to power its inaugural green hydrogen-based steel plant 📜
• The power purchase agreement (PPA) secured a yearly electricity supply between 2027 and 2032 for a total of 6TWh to the Boden plant, which will power the 700MW of on-site #electrolysis and initial 2.5 million tonnes of annual steel production ⚡
• Expected to start operations in 2026, the plant will use #greenhydrogen to reduce iron ore into sponge iron, which will then be fed into steel production ⛓️
• “The agreement with Uniper forms the base for a strategic partnership with a player which can provide us with long-term access to electricity for our plant in Boden,” explained Arne Österlind , Stegra’s Head of Energy Portfolio. “This electricity delivery is central to our strategy and a key step towards accelerating reductions of industrial emissions in Europe.”  🌍

5. Whisky giant hails 'world-first' milestone for green distillation at historic Scottish site

Whisky giant hails 'world-first' milestone for green distillation at historic Scottish site

⭐ Key takeaways:

• Suntory Global Spirits , the drinks giant whose portfolio includes Scotch malts Laphroaig Whisky and Bowmore, has cheered a world-first in the push for greener #whisky production 🟢
• The “milestone moment” was celebrated at a ceremony at the Glen Garioch Distillery in Oldmeldrum, near Inverurie, Aberdeenshire, with representatives from the UK Department for Energy Security & Net Zero also present. It saw the official casking of the world’s first direct-fired, hydrogen-distilled spirit for whisky production 🥃
• Following the use of 100 per cent #hydrogen to directly heat the stills at Yamazaki Distillery’s pilot distillery in Japan, a portion of the resulting distilled spirit has been transferred to Glen Garioch to be closely monitored and quality assessed under Scottish maturation conditions 🌡️
• Alistair Longwell , head of distilling and environment at Suntory Global Spirits, said: “As a company, we are committed to taking bold steps to advance green solutions and #decarbonise our distilleries, while always ensuring that the quality of our spirits reach the highest possible standard. It is through unique collaborative projects such as WhiskHy that we are making significant steps towards our ambition of net-zero emissions across our entire value chain by 2040 while closely monitoring how our spirits age and mature under more sustainable distilling processes.” 🏭

ATOME in the press 📰

You can view ATOME announcements on our website here 💻 : Regulatory News & Alerts - ATOME - The Commodities Of The Future, Today (atomeplc.com)

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