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Gestamp and Hydnum Steel sign clean steel agreement
Yahoo Finance· 2025-10-13 12:22
Core Insights - The collaboration between Gestamp and Hydnum Steel aims to utilize clean steel produced with renewable energy and green hydrogen for automotive components, marking a significant advancement in the decarbonization of the mobility sector [1][2] Group 1: Partnership Details - Gestamp will supply high-quality steel scrap from its stamping processes to Hydnum Steel, which will produce ultra-low CO₂ emission steel using renewable energy and green hydrogen [2] - The agreement includes technical collaboration to develop steel grades that meet the automotive industry's stringent standards, with Gestamp gaining priority access to these low-emission steels [3] Group 2: Sustainability and Circular Economy - The collaboration supports circularity, a crucial element for decarbonizing the automotive supply chain and achieving the long-term goal of a Net Zero Car [4] - Gestamp's decarbonization strategy focuses on sustainable raw materials, material recycling, and partnerships to promote cleaner mobility, with steel and aluminum recycling being critical due to their significant emissions [5][6] Group 3: Hydnum Steel's Production Model - Hydnum Steel's Puertollano plant will utilize an electric arc furnace powered entirely by renewable energy, aiming for a 98% reduction in emissions compared to traditional steel mills by substituting natural gas with green hydrogen [7] - The plant will implement a closed-loop water treatment and reuse system, achieving zero discharge [7] Group 4: Statements from Leadership - The Chief Purchasing Officer of Gestamp emphasized that the agreement is a step forward in decarbonizing the automotive industry and reinforces the company's circular economy model focused on sustainable resource management [8]
中国可持续发展动态:稀土管控收紧;回收技术受关注-China Sustainability_ Pulse_ Rare Earths control tightens; Recycling tech. covered
2025-10-13 01:00
ab 9 October 2025 Global Research China Sustainability Pulse: Rare Earths control tightens; Recycling tech. covered Highlights What Happened On 9 October 2025, the Ministry of Commerce (MOFCOM) and the General Administration of Customs jointly issued an expanded export-control notice covering rare-earth materials and technologies. The updated catalogue adds new controlled categories such as extraction, separation, purification, alloying, and magnet fabrication, and explicitly includes recycled rare-earth ex ...
Ecolomondo Announces Webinar "Progressing into the Future"
Thenewswire· 2025-10-10 13:30
Core Insights - Ecolomondo Corporation is hosting an interactive webinar on October 22, 2025, to discuss the ramp-up at its Hawkesbury TDP facility and its future impact [2] - The company has seen an increase in production and sales, along with growing interest in its renewable products from off-takers [2][7] - Ecolomondo's proprietary Thermal Decomposition technology (TDP) is designed to recover valuable commodities from scrap tire waste, contributing to the circular economy [8][13] Company Overview - Ecolomondo Corporation is a Canadian cleantech company focused on sustainable scrap tire recycling technology, with a 25-year history [8] - The company trades on the TSX Venture Exchange (TSXV: ECM) and OTCQB (OTCQB: ECLMF) [8] - Ecolomondo aims to be a leading player in the cleantech space and actively contribute to the global circular economy [8] Facility Details - The Hawkesbury TDP facility is a 46,200 sq.ft. modern plant with a capacity to process approximately 1 million scrap tires annually, producing around 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [11] - The Shamrock facility, a 6-reactor TDP plant, is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 MT of recovered carbon black, 18,000 MT of oil, 7,500 MT of steel, and 4,500 MT of syngas [12] Revenue Streams - Revenue from the Hawkesbury TDP facility is generated through the sale of end-products such as rCB, oil, steel, and syngas, as well as tipping fees for scrap tire disposal [9] Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction compared to virgin carbon black production [19] - The Hawkesbury facility is expected to reduce CO2 emissions by 15,000 tons per year, while the Shamrock facility is projected to reduce emissions by 45,000 tons annually [19] Strategic Vision - Ecolomondo's mission is to enhance shareholder value by producing large quantities of recovered resources for new product manufacturing [13] - The company plans to expand aggressively in North America and Europe, focusing on building and operating TDP facilities [14] - Ecolomondo has received International Sustainability and Carbon Certification (ISCC) for its Hawkesbury facility, enhancing the commercial value of its end-products [15]
NOTICE TO THE EXTRAORDINARY GENERAL MEETING
Globenewswire· 2025-10-10 12:30
Core Points - The company Lassila & Tikanoja plc is holding an Extraordinary General Meeting on December 4, 2025, to discuss a proposed partial demerger [1][4] - The demerger aims to separate the Circular Economy Business Area into a new independent company named New Lassila & Tikanoja, with the effective date of registration set for December 31, 2025 [5][7] - Shareholders will receive one new share in the New Lassila & Tikanoja for each share they own in the company, with a 1:1 ratio for the demerger consideration [10] Meeting Details - The meeting will commence at 4:00 p.m. Finnish time, with registration starting at 3:00 p.m. [1] - Shareholders can vote in advance, and the meeting can be followed via webcast, although participation via webcast does not count as official attendance [2][3] Agenda Items - The agenda includes the approval of the Demerger Plan, election of the Board of Directors for the New Lassila & Tikanoja, and amendments to the Articles of Association [4][11][16] - The proposed new name for the company post-demerger is Luotea Plc [6] Board of Directors - The New Lassila & Tikanoja will have a Board of Directors consisting of 3 to 8 members, with a proposal to elect five members [13][14] - Jukka Leinonen is proposed as Chair, and Sakari Lassila as Vice Chair of the Board of Directors [15] Financial Adjustments - The share capital of the company is proposed to decrease from EUR 19,399,437.00 to EUR 1,000,000.00 as part of the demerger [19] - The New Lassila & Tikanoja will be authorized to issue up to 2,000,000 shares for various purposes, including financing acquisitions [20][21] Auditor and Remuneration - PricewaterhouseCoopers Oy is proposed as the auditor for the New Lassila & Tikanoja [33] - The remuneration for the Board of Directors is proposed to be partially paid in shares and cash, with specific amounts outlined for the Chair, Vice Chair, and members [27][29][30] Shareholders' Nomination Board - A Shareholders' Nomination Board is proposed to be established for the New Lassila & Tikanoja, responsible for preparing proposals regarding the Board of Directors [40][41] Documentation and Registration - Relevant documents, including the Demerger Plan and financial reports, will be available on the company's website [62][63] - Shareholders must register for the meeting by December 1, 2025, to participate [66][67]
SMX Scores the Big Three - Cultural Validation from Rolling Stone, Compliance Leadership, and Proof as Currency (NASDAQ: SMX)
Accessnewswire· 2025-10-09 13:55
Core Insights - Global conferences have historically aimed to create economic systems around recycling and sustainability, emphasizing the need for "markets for recycled content" and "circular economies that pay for themselves" [1] Group 1 - The concept of transforming recycling into a viable economic system has been a long-standing goal of global conferences [1] - Discussions have included the establishment of "value chains for safety" to enhance the effectiveness of recycling initiatives [1] - The idea of circular economies is highlighted as a self-sustaining model that can generate economic benefits [1]
Aduro Clean Technologies Advances Demonstration Plant Program; Begins Global Site Selection Project
Globenewswire· 2025-10-09 11:00
Core Insights - Aduro Clean Technologies Inc. has initiated a global site-selection process for its Demonstration Plant program, focusing on locations in Canada, Europe, and Mexico [1][2] - The Next Generation Process (NGP) Pilot Plant is on schedule, validating technical aspects for scale-up and optimizing key parameters [2][4] - A multidisciplinary team is efficiently progressing through the site-selection project, with a shortlist of candidate locations expected by the end of the year [3][4] Site Selection Criteria - The site selection is crucial for jurisdictional permitting, economic modeling, and ensuring access to reliable feedstock supply [2][4] - Standardized evaluation criteria include: - Feedstock and logistics alignment: proximity to waste-plastic supply and efficient transport networks [6] - Offtake and market connectivity: regional demand for recycled intermediates and compliance with Extended Producer Responsibility (EPR) programs [6] - Mass balance readiness: ability to implement certified chain-of-custody systems for circular content claims [6] - Regulatory and permitting pathways: frameworks governing environmental approvals and recycling legislation [6] - Incentives and local support: availability of industrial development incentives and community engagement [6] - Utilities and infrastructure: necessary energy, water, and transport links for operations [6] - Future expansion: sites accommodating growth from 8,000 tonnes per year to 16,000-20,000 tonnes per year [6] Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil [5] - The Hydrochemolytic™ Technology operates at low temperatures and costs, transforming low-value feedstocks into valuable resources [5]
Ecolomondo Increases Output at its Hawkesbury TDP Facility
Thenewswire· 2025-10-08 15:15
Core Insights - Ecolomondo Corporation has reported a significant increase in output at its Hawkesbury TDP facility, driven by rising demand for its end-products [1][2] - The company achieved record revenues for September 2025, marking a 325% increase compared to September 2024, although it continues to operate at a loss due to the facility's ramp-up phase [3] Production and Output - The Hawkesbury TDP facility processed 60 tons of crumb rubber over 4 days, recovering approximately 24 tons of recovered carbon black (rCB), 6 tons of syngas, and 350 barrels of tire-derived oil, equivalent to over 2 tanker loads of oil [2] - The facility is expected to process around 1 million scrap tires annually, producing approximately 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas once fully operational [9] Revenue Streams - Revenue streams from the Hawkesbury TDP facility include sales of rCB, oil, steel, and syngas, as well as tipping fees for scrap tire disposal [3][8] Workforce Development - To meet the increasing production demands, Ecolomondo is hiring and training additional staff across all departments of the Hawkesbury TDP facility [4] Technological Advancements - The company emphasizes the efficiency of its proprietary Thermal Decomposition Process (TDP) technology, which ensures consistent output and product quality [5][16] Future Projects - Ecolomondo plans to construct the Shamrock facility, which will have a processing capacity of 5 million end-of-life tires per year, significantly increasing its production capabilities [10] Environmental Impact - The TDP process is noted for its environmental benefits, reducing greenhouse gas emissions by 90% compared to virgin carbon black production, with expected annual CO2 reductions of 15,000 tons from the Hawkesbury facility and 45,000 tons from the Shamrock facility [17] Certification and Market Position - The Hawkesbury facility has received the International Sustainability and Carbon Certification (ISCC), enhancing the commercial value of its end-products through improved traceability [13] - Ecolomondo aims to be a leading player in the cleantech sector, contributing to the global circular economy by producing high-value reusable commodities from scrap tire waste [6][11]
PS5 Pro: $750 Console Plummets to $619 as Sales Stall—Is Sony's Premium Console a Failure?
International Business Times· 2025-10-07 16:57
Core Insights - The price drop of the PlayStation 5 Pro from $750 to $619 during Amazon's October Prime Day raises questions about demand and sustainability strategies [1] - The discount on refurbished models indicates a shift in the electronics industry towards reconditioning and circular manufacturing, moving away from constant hardware upgrades [2] Pricing and Market Trends - The refurbished PS5 Pro is now priced at $619, reflecting a 17% decrease from its launch price, highlighting a redefinition of value in the electronics market [3] - Gaming hardware sales have declined by 12% year-over-year in 2025, influenced by factors such as inflation and competition, prompting a need for repositioning [4] Refurbished Technology Business Model - Sony's refurbishment program ensures that refurbished consoles undergo thorough testing and certification, enhancing their appeal as a viable alternative to new products [5] - Amazon's integration of refurbished electronics into major sales events signifies a shift in consumer perception, making sustainability a mainstream value [6] Circular Economy and Corporate Strategy - The move towards refurbished products aligns with a circular economy model, focusing on reuse and recycling to minimize waste, while also stabilizing profits for Sony [7] - The PS5 Pro's repositioning reflects a strategic response to competition and changing consumer preferences, particularly in emerging markets where refurbished electronics are gaining traction [9] Industry Implications - The markdown of the PS5 Pro is seen by some as a sign of struggle against competitors like Microsoft's Xbox Series X and Nintendo's upcoming console [8] - Others view the strategy as a way to make high-end gaming more accessible, potentially influencing competitors to adopt similar refurbishment practices [9] Future Outlook - The PS5 Pro's price reduction is indicative of a broader trend where sustainability, affordability, and innovation are becoming intertwined in the tech industry [10] - Amazon's focus on premium refurbished products suggests a future prioritizing tech accessibility over exclusivity, while Sony aims to maintain relevance and reduce costs and emissions [11]
Ecolomondo Announces Renewed Sponsorship and Participation at the Recovered Carbon Black Europe Conference in Barcelona
Thenewswire· 2025-10-07 13:30
Core Insights - Ecolomondo Corporation is participating and sponsoring the Recovered Carbon Black Europe Conference from November 4 to 6, 2025, in Barcelona, Spain, highlighting its commitment to sustainable scrap tire recycling technology [1][2] Company Overview - Ecolomondo is a Canadian cleantech company specializing in sustainable tire recycling and resource recovery, utilizing proprietary Thermal Decomposition technology (TDP) to recover valuable commodities from scrap tire waste [9] - The company has a 25-year history and aims to be a leading player in the cleantech space, contributing to the global circular economy [9] Conference Participation - The Recovered Carbon Black Europe Conference, held annually since 2019, serves as a premier forum for experts in the recovered carbon black industry, with over 350 professionals expected to attend [3][5] - Ecolomondo has been a participant since 2020, showcasing its leadership in the recovery and reuse of recovered carbon black (rCB) [5][6] Market Opportunities - The conference provides an opportunity for Ecolomondo to connect with potential international clients and industry experts, reinforcing its dedication to the global circular economy and the growing demand for sustainable alternatives [2][5] - The rCB market is driven by increasing end-user needs and consumer demand, presenting significant market opportunities while addressing the issue of scrap tire waste [5] Facility Details - The Hawkesbury TDP facility is designed to process approximately 1 million scrap tires per year, producing around 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [10] - The upcoming Shamrock facility is projected to process 5 million end-of-life tires annually, yielding approximately 15,000 MT of rCB, 18,000 MT of oil, and 7,500 MT of steel [11] Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with the production of rCB at the Hawkesbury and Shamrock facilities expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [18]
OpenAI builds a circular economy for AI, now with AMD in the loop
CNBC Television· 2025-10-06 21:19
Uh for the Open AI perspective here, let's get to Mackenzie Sagalos in San Francisco at their company Open AAI's developer day event. Mac, this deal is a little unusual because it gives Open AI the chance to invest in AMD just a couple weeks after Nvidia inked a deal that could end up with it investing in Open AI's infrastructure buildout. Right. That's exactly right, John. This is the opposite of what we saw with Nvidia. There it was Nvidia investing in OpenAI. But in this deal, OpenAI is the one taking wh ...