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    Tag: EU

    EU tackles rising fertilizer costs under CBAM through targeted tariff relief

    Recent developments show the Carbon Border Adjustment Mechanism (CBAM) remains active for fertilizers, but the European Commission proposes tariff reductions to offset import costs. Tariff suspension details The Commission will temporarily suspend remaining Most-Favoured-Nation (MFN) tariffs on ammonia, urea, and certain other fertilizers. Import tariffs from most-favoured nations stand at 6.5%, excluding higher staged tariffs […]

    Agreement on electrolyser technology for methanol plant

    Topsoe has signed an offtake agreement to provide its Solid Oxide Electrolyser Cell (SOEC) technology for Forestal’s Triskelion green methanol plant in Galicia. The SOEC’s will be delivered from Topsoe’s manufacturing facility in Herning, Denmark, which is nearing the final stage of readiness for industrial-scale production. The agreement, which includes a 10-year service warranty program, builds on Topsoe’s existing agreement with Forestal, announced in December 2024, to provide its e-methanol synthesis technology, catalysts and engineering for highly efficient e-methanol production.

    Feasibility study on sustainable methanol plant

    NextChem subsidiary MyRechemical has been selected by Mana Group and Equinor to conduct a feasibility study for a waste-to-methanol plant at Norway's Mongstad refinery. The project will use NX Circular™ technology to convert urban and industrial waste into chemical grade syngas which will be further processed to produce low-carbon methanol. The facility is expected to produce circular methanol with a low carbon footprint, eligible under the EU Renewable Energy Directive criteria. This methanol could initially replace marine bunker fuel to meet the targets of the FuelEU Maritime regulation, exempting final users from buying ETS credits and paying penalties, and potentially later be used as feedstock for methanol-to-jet facilities to produce sustainable aviation fuel (SAF) compliant with FuelEU Aviation regulation.

    Lyten acquires Northvolt

    Lyten, a global leader in lithium-sulphur batteries has entered into a binding agreement to acquire Northvolt’s assets in Sweden and Germany. The acquisition includes Northvolt Ett and, Northvolt Labs in Sweden and Northvolt Drei in Germany. Additionally, Lyten is acquiring all remaining Northvolt intellectual property. The financial terms of the agreement were not disclosed. In total, Lyten’s acquisition includes assets valued at approximately $5 billion, including 16 GWh of existing battery manufacturing capacity, more than 15 GWh of capacity under construction, the infrastructure and plans to scale to more than 100 GWh, and the largest and most advanced battery R&D centre in Europe.