Cemex Ventures raises investment in HiiROC
Following an initial investment in 2022, Cemex Ventures, the company’s corporate venture capital (CVC) and open innovation business, has raised its stake in HiiROC, the creator of Thermal Plasma Electrolysis (TPE), a novel unique technology for producing inexpensive, emission-free hydrogen.
Cemex plans to use HiiROC’s technology throughout its EMEAA businesses after first injecting hydrogen into its vital cement facility in Rugby, United Kingdom.
Cemex is positioned as leaders in the use of hydrogen in the cement industry because to their increasing investment in HiiROC, and they will keep searching for methods to implement hydrogen on a large scale. HiiROC’s thermal plasma technology will be widely implemented by Cemex in order to decarbonize operations and lower fossil fuel usage, two key goals of the company’s Future in Action sustainability initiative.
Isuzu and Honda testing GIGA FUEL CELL trucks in Japan
With the start of real-world testing of their GIGA FUEL CELL prototype in Japan, Isuzu and Honda have formally stepped up their ambitions to become hydrogen truck manufacturers. This is a big step toward their goal of introducing clean, emission-free heavy-duty vehicles to the market by 2027.
Schaeffler recognized in MATERIALICA Design + Technology Award 2023
In the “Material” category, Schaeffler has emerged victorious in the esteemed MATERIALICA Design + Technology Award 2023. Metallic bipolar plates for use in hydrogen technology may now be produced even more sustainably and affordably thanks to the Enertect system.
The prize was given out during Munich’s eMove360° Europe 2023, an international trade show for electric and driverless vehicles.
