bp opens its first electric truck charging facilities to support the decarbonization of transport

bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonization of the sector – where, according to the IEA, tailpipe CO2 emissions have increased on average 2.2% annually since 2000, said Hydrocarbonprocessing.

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz, Germany now has two state-of-the-art 300kw ultra-fast chargers intended for electric trucks, powered by 100% renewable energy. Situated on the major B9 road, the Schwegenheim site provides truck drivers with a convenient, safe, well-lit station where an electric truck capable of charging at 300kw could increase its remaining range by around 150-200km during a driver’s mandatory 45-minute break. And the driver has access to additional services such as food and drink for their journeys, as well as toilets.

Emma Delaney, executive vice president, customers & products, bp said: “With the transition to electric vehicles well underway in Europe, we’re now seeing the move towards electric trucks. Truck manufacturers and truck fleet operators are demanding low carbon alternative fuels and electrification is an attractive option. Opening our first truck charging facilities at Schwegenheim is an important milestone for bp and the industry.

“Schwegenheim is a perfect example of what the industry needs – ultra-fast charging with safe charging bays for trucks, close to strategic road networks and a place where drivers can take a break and refresh with food and drinks”. In 2021 around 1,000 battery electric trucks were sold in Germany. In Europe that number is expected to reach over 150,000 units by 2030 with the highest penetration in Germany, at 43%v.

Daimler Truck, who are based in Germany and one of the world’s largest commercial vehicle manufacturers, launched their battery-electric Mercedes-Benz eActros for heavy urban distribution in 2021. The company has worked closely with bp to provide insights into the required layout, charging speeds, and convenience offers to provide truck drivers with the accessibility they need and a comfortable charging experience.

“I am pleased that bp and Aral pulse continue to support the electrification of German truck fleets. Zero tailpipe emission trucks will be crucial if we are to reach our decarbonization goals and to expand the charging infrastructure across Germany. This project is another milestone for the electrification of mobility in Germany and Europe", says Kurt-Christoph von Knobelsdorff, CEO & Spokesman NOW GmbH, National Organization Hydrogen and Fuel Cell Technology.

As per MRC, BP is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its oil refinery near Perth to produce renewable fuels, a senior executive of the British company said. The project is expected to cost "hundreds of millions" of dollars, BP's Asia Pacific vice president of low-carbon solutions, Lucy Nation, told Reuters. BP has not disclosed what volume it plans to produce, but Nation said output would depend on demand as the facility would be able to switch day-to-day between producing sustainable aviation fuel and biodiesel.
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Itero has successfully raised €6 MM in investments, with EUR5 MM from Infinity Recycling’s Circular Plastics Fund (CPF), to support the design and construction of our first at-scale demonstration plant located at the Brightlands Chemelot Campus, Geleen, NL, said Hydrocarbonprocessing.

The demand for plastics has never been greater. Industry production of plastic is projected to triple by 2060 but existing recycling methods are limited in the types of plastics they can process and the quality of recycled products. Chemical recycling has fewer limitations - in the range of plastic waste processed and in creating virgin-quality recycled products. McKinsey has forecast that by 2050 more than 30% of the global polymer (plastic) demand will be met from advanced recycling (which includes chemical recycling).

Itero diverts end-of-life plastics from landfill and incineration, reducing consumption of crude oil. The proprietary pyrolysis process developed by Itero converts plastic waste into high-value chemical products. The chemical products are used as feedstock in the production of virgin-quality plastics, which can be retained again and again in the circular economy through the same process.

The demonstration plant will be able to process 27,000 tons of residual plastic waste annually, equivalent to the total amount of plastic packaging waste generated by the population of Amsterdam municipality per year. The funding will also support further research and development at Itero’s UK pilot plant at Iver, near Heathrow. Itero CEO, Mr Simon Hansford, said, “We are delighted that the significant potential of the technology developed by Itero is acknowledged by Infinity Recycling and other investors.

“Maintaining public goodwill and responding to environmental concerns about plastic waste, requires a process to recycle plastic safely, sustainably, and economically. Itero is working to provide a solution to that problem."

This investment is the continuation of a longstanding relationship between Itero and Infinity Recycling, a Rotterdam-based investment manager focused on helping promising advanced recycling companies with the upscaling and commercialisation of their technologies and growing the market for recycled polymers. The CPF, an Article 9 ‘dark green’ impact fund which is the highest designation under the EU’s Sustainable Finance Disclosure Regulation (SFDR), is committed to driving ESG impact.

As per MRC, Dow and Nexus Circular announced today that they have signed a detailed letter of intent (LOI) for Dow to secure the production output of a newly constructed advanced recycling facility in Dallas, Texas. The new facility will process and convert over 26,000 MTs annually of previously non-recycled plastic into circular feedstock that will be delivered back to Dow as a raw material to create new, recycled plastics for food-contact, health, hygiene, and fitness applications.
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As part of its pledge to reach net zero in its own operations by 2035, Sainsbury’s has announced the launch of Sainsbury’s Innovation Investments which will invest a minimum of GDP5 MM over the next four years into start-up businesses commercializing innovative, sustainable technologies that look to reduce operational carbon emissions and water usage, said Hydrocarbonprocessing.

Williams Advanced Engineering (WAE) will scout and invest into early-stage companies, not limited to the Sainsbury’s supply chain, across a range of sectors. The first investment is expected to be announced before the end of 2022. In addition to providing much needed investment, Sainsbury’s is looking to accelerate dynamic start-ups and Small/Medium Enterprises (SME’s) in developing, testing, and deploying transformational technology that can reduce carbon emissions and water usage.

This announcement furthers the significant progress Sainsbury’s has already made in reducing its impact on the environment, having drastically cut its carbon emissions in its own operations by 762,119 tCO2e, a reduction of 7 per cent year-on-year and 20 per cent from its 2018/19 baseline, keeping the retailer on course to meet its Net Zero target of 2035. Sainsbury’s Innovation Investments is part of Sainsbury’s ongoing partnership with WAE, a world-leading technology and engineering services business, which combines cutting-edge technological advances and the industry’s best engineers; accelerating the drive for zero emissions.

In 2017, Sainsbury’s began the process of installing innovative Aerofoil technology to its fridges in-store. Since then, the pioneering energy-saving technology, collaboratively developed by UK start-up Aerofoil Energy and WAE, has been rolled out across the entire estate, resulting in an estimated 15% energy-reduction, with other retailers since following suit.

Patrick Dunne, Sainsbury’s Property and Procurement Director, said: “We are committed to reaching our Net Zero target of 2035 and are proud to be doing our part in leading the way to create solutions that will reduce carbon emissions and water usage not just in our stores, but across the entire sector. We know that reducing emissions and water use is a critical part of tackling the climate crisis and to achieve this, we understand the importance of investing in pioneering technologies that can be adopted by all retailers."

“Tackling an issue of this scale requires collaboration and we’re really excited to not only invest in these businesses, but also provide a pathway to in-store use, working towards a more sustainable future for everyone." Matthew Burke, Head of Technology Ventures, Williams Advanced Engineering said: “Embracing new and unproven technologies is a necessary requirement to meet Net Zero and many of these products and services will emerge from the technology start-up community. Sainsbury’s Innovation Investments will accelerate the commercialization of these technologies through the opportunity of investment, trial and deployment across Sainsbury’s vast estate and operations. In doing so it will act as a springboard for wider and rapid technology adoption by customers across retail and other sectors who all share common Net Zero challenges. With WAE’s focus on sustainability, and expertise in technology and engineering combined with early-stage technology investing, we are delighted to be supporting Sainsbury’s journey to Net Zero with the launch of this unique investment initiative."

We remind,the Sherwin-Williams Company announced an agreement to acquire Gross & Perthun GmbH, a Mannheim, Germany based developer, manufacturer, and distributor of coatings primarily for the heavy equipment and transportation industries. The acquired business has approximately 100 employees and annual sales of approximately USD50 million, and will become part of the Sherwin-Williams Performance Coatings Group reportable segment. The transaction is expected to close by the end of the third quarter of 2022.
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S-Oil Corp. said Thursday its second-quarter net profit more than doubled from a year earlier on the back of widened refining margins helped by higher oil prices, said Koreaherald.

Net profit came to 1.01 trillion won (USD775.2 million) in the April-June period, up 146.9 percent from 410.7 billion won a year earlier, the Seoul-based subsidiary of Saudi Arabia's Aramco said in a regulatory filing. Operating profit reached 1.72 trillion won, more than tripling from the previous year's 571 billion won. Sales increased 70.5 percent on-year to 11.44 trillion won over the cited period.

The earnings fell below market expectations. The average estimate of net profit by analysts stood at 1.13 trillion won, according to the survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. "Refining margins widened as the rise in international oil prices pushed up the unit prices. The petrochemical sector made a turnaround and lubricant oil profits also improved," the company said in a release.

Refining margins, a key gauge of refiners' profitability, are linked to international oil prices. Higher crude prices usually mean greater margins, or the difference between the total value of petroleum products and the cost of crude and related services. A recovery in demand from eased COVID-19 border restrictions, and a tight supply amid the Russia-Ukraine war, have also helped boost the refining margins and inventory gains, it added.

Refinery sales reached 9.25 trillion won for the second quarter, with the operating profit coming in at 1.4 trillion won. The petrochemical division posted 1.3 trillion won in sales and 18 billion won in operating profit. Sales from the lubricant oil sector came to 888 billion won and the operating profit reached 258.9 billion won.

We remind, S-OIL is set to charge into the hydrogen business by investing in a company making next-generation fuel cells, a key component in the hydrogen economy. The refiner said on 7 Mar 2021 that it sealed an investment agreement with Fuel Cell Innovations (FCI), which provides fuel cell-based clean energy solutions. It will become FCI's largest domestic shareholder by acquiring a 20% stake with initial investment. The two entities will establish a strategic alliance to accelerate their foray into the hydrogen business.
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Brazilian chemical maker Unigel announced plans to build a green hydrogen plant in the northeastern state of Bahia, with an initial investment of USD120 million and the goal of making it one of the largest of its kind in the world, said Reuters.

The plant will starts its production planned for late 2023. At this moment, Unigel's integrated green hydrogen and green ammonia plant is expected to be the largest in the world. In the first phase of the project, Unigel installs three 20 MW standard electrolyzers from thyssenkrupp nucera, adding up to a total capacity of 60 MW. The company plans to quadruple its production of green hydrogen in the years following the inauguration by expanding the electrolyzer plant to a multi-hundred MW facility, which will produce approximately 40,000 tons of green hydrogen. The new factory is expected to employ more than 500 people, so that the chemical company also gives an important impulse for the whole region.

"Throughout our nearly 60-year history, we have always been attentive to technological innovations and have invested to meet industrial and agribusiness demands. With this project, Unigel takes the first step towards the decarbonization of several sectors, contributing substantially to combating climate change on the planet", emphasizes Henri Slezynger, Chairman of the Board of Directors and founder of Unigel.

Located in the Camacari Industrial Complex (BA), the new plant will have an initial production capacity of 10,000 tons/year of green hydrogen and 60,000 tons/year of green ammonia. The products will be offered to customers who aim to decarbonize their production chains, e.g. the steel industry, oil refining, and e-fuels. Green ammonia will also be used in the value chain of Unigel, as it is a raw material in the manufacturing of fertilizers and acrylics.

We remind, Styron sold its 200,000 tonne/year polystyrene (PS) plant in Guaruja, Sao Paulo, to Gaxetas e Perfis do Brasil, a company associated with the Unigel group.

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