Latest Industry News – 19/08/2022
News from the 12th - 19th August 2022
Advanced Forming Research Centre forges ahead in Sheffield
Six major players in the forging and forming industries have joined the University of Strathclyde’s Advanced Forming Research Centre (AFRC), part of the National Manufacturing Institute Scotland (NMIS) Group, just months after it established an outreach office in Sheffield to support a cluster of innovative companies vital to the UK’s transition to a greener economy.
The six new members are: Sheffield Forgemasters; Forged Solutions Group; Independent Forging and Alloys; Maher; Castings Technology International; and Footprint Tools.
https://www.strath.ac.uk/whystrathclyde/news/2022/advancedformingresearchcentreforgesahead/
Essar Oil UK celebrates carbon capture ‘milestone’
Indian conglomerate Essar’s UK arm, Essar Oil (UK), is celebrating a new “milestone” in its transition to low carbon operations after the UK government shortlisted the construction of a new hydrogen project and separate carbon capture project at its site in Ellesmere Port, Cheshire, in north-west England.
Essar Oil UK’s Carbon Dioxide Capture Unit is among 20 shortlisted projects announced last week by the Department for Business, Energy & Industrial Strategy (BEIS), marking next stage of carbon capture, usage and storage (CCUS) cluster process as part of wider actions towards meeting its net zero economy targets.
UK set to host rare earths processing hub in push for cleantech security
The UK is set to host a new $195m rare earth processing hub that Pensana is building at the Saltend chemicals park on Humberside. It will become one of only three such facilities operating outside of China and comes as the UK has launched a new strategy to shore up supplies of the critical materials needed for the energy transition.
The facility is set to begin operations in 2023, and when it reaches full capacity in 2024 will produce 12,500 t/y of separated rare earths including around 5,000 t of neodymium and praseodymium oxides. These are essential components of the magnets used in electric vehicle motors and wind turbine generators.
