PET Bottles – Group Partners with HYDS to Boost Green Hydrogen Use in Europe 27-05-2024
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Group Partners with HYDS to Boost Green Hydrogen Use in Europe
px Group has announced a strategic partnership with H2 Solutions (HYDS), a Norwegian firm specializing in green hydrogen production plants. This collaboration aims to accelerate the energy transition towards a low-carbon future.
Geoff Holmes, CEO of px Group, highlighted the need for an integrated engineering and operating provider in the Nordic region, emphasizing their commitment to this role alongside HYDS. The partnership will initially focus on the Nordic region, with plans for future expansion across Europe. PET Bottles
Thor-Henrik W. Hagen, CEO of HYDS, noted the successful year-long cooperation between the companies, which revealed shared values, particularly a joint focus on safety. He emphasized the importance of securing capacity for balancing plant operations and the potential to develop, build, and operate hydrogen plants both domestically and internationally. PET Bottles
Raymond Smebye, Business Development Director Scandinavia at px Group, praised the partnership’s shared commitment to safety, talent, and decarbonization.
px Group, already managing multiple strategic energy assets in the UK, Norway, and other parts of Europe, sees this partnership as a significant step in their expansion.
HYDS operates Stord H2 and Kaupanes H2 in Norway and is developing several new projects. The partnership will leverage both companies’ strengths to optimize plant designs and prepare for larger hydrogen production operations.
HYDS’s projects are in the feasibility stage, with the first final investment decisions expected by mid-2025. PET Bottles
This announcement follows px Group’s recent acquisition of a majority stake in Lifte H2, a German hydrogen engineering firm. px Group is supported by Ara Partners, while HYDS is backed by Dalane Energi AS, Sunnhordland Kraftlag AS, and private investors.
Consortium Develops Innovative Recycling for Polyurethane Mattress Foams
The Foam Recycling Ecosystem Evolution (FREE) project has launched, coordinated by Covestro, to revolutionize the recycling of end-of-life polyurethane (PU) mattress foams. This initiative combines chemical and mechanical processes to maximize material efficiency in creating a new cycle for flexible PU foam. Efficient sorting at dismantling plants is crucial for this process.
French company Ecomaison, dedicated to furniture recycling, collaborates with Covestro to employ advanced chemical recycling technologies. This process recovers both polyol and the precursor to isocyanate TDI from used foams. PET Bottles
Partners aim to recycle sorted polyurethane foams effectively by blending mechanical and chemical methods, enhancing efficiency. Besides Ecomaison and Covestro, French dismantling firm Secondly and Belgian mechanical recycling specialist Federal Eco Foam join the project, which is slated for a 24-month duration. Covestro coordinates the project, with partial funding from Ecomaison.
The FREE consortium is driven by the added value of recovered materials and the move towards a sustainable circular economy. They believe chemical and mechanical recycling can complement each other, with Secondly focusing on refining sorting processes to supply high-quality foam to recyclers. PET Bottles
This project will provide insights into the future of foam recycling, showing how market dynamics may evolve. Covestro’s innovative chemical recycling process, unique in recovering high-purity raw materials, supports this vision. Operating a pilot plant in Leverkusen, Covestro is committed to advancing these technologies for industrial application.
Covestro’s initiative, Evocycle® CQ, aims to achieve a fully circular economy. The chemolysis of PU mattress foam under the Evocycle® CQ Mattress program represents a pioneering step in this direction. PET Bottles
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