Industrial | Page 30

Nucor Corporation, a large steel producer, signed an agreement for a carbon capture and storage project, which calls for the capture, transport, and storage of up to 800,000 metric tons per year of CO2.

SOLE, a custom-moldable insole company, announced sustainability initiatives designed to promote transparency and authenticity in the footwear and fashion industries.

Boom Supersonic, the company designing a passenger supersonic airliner, announced it signed a sustainable aviation fuel (SAF) offtake agreement that will provide the company with up to 5 million gallons of SAF annually throughout the Overture flight test program.

Grupo Bimbo announced it secured approximately $850 million dollars in Sustainability-linked Bond (SLB), which represents the largest in the history of the Mexican market, and the largest transaction so far during the year.

Toyota will build a new battery plant in North Carolina that will receive an additional $2.1 billion investment to support the company’s goal toward carbon neutrality.

Emera Inc. made a 41% reduction in CO2 emissions across Emera’s operations from 2005 levels and reduced the use of coal in generation by 68% since 2005.

Arconic Corporation plans to seek a 30% reduction in Scope 1, 2, and 3 GHG emissions intensity and a 10% reduction in energy intensity by 2030 compared to a base year of 2021.

To meet the growing demand for clean energy, Volvo Group signed a long-term agreement to purchase 50% of the renewable electricity produced at a wind park in Sweden, which equates to ~230GWh/year, over a 10-year period starting in the last quarter of 2025.

To uncover new energy efficiency opportunities, OxyChem hosted a Better Plants In-Plant Training focused on the plant's steam systems. In this column from Better Buildings, discover how the training identified steam efficiency improvement opportunities across the chlor-alkali production process.

Building and construction materials company Owens Corning has lowered Scope 1 and Scope 2 emissions by 22% in 2022, from a 2018 baseline. These results move the company closer to its goal of a 50% reduction in absolute Scope 1 and Scope 2 market-based GHG emissions by 2030.