Iron oxide, (Fe3O4) news

Grant deal formalises funding for Alpha One, enabling engineering, contracting and FID prep. At Evonik Antwerp: 120,000 t/yr iron fuel → 244 GWh/yr low‑carbon heat; ~682 kt CO₂ avoided in 10 yr.

€113.8M funding will develop a commercial iron fuel facility, aiming to decarbonize industrial heat and avoid over 1M tonnes of CO₂ emissions. Operational by 2029.

The partnership ensures Iron Fuel Technology meets high safety and compliance standards, supporting its transition from innovation to industrial-scale deployment.

Iron Fuel Technology debuts commercially with a boiler installation in the Netherlands, supporting sustainability goals and showcasing scalable industrial decarbonization.

Production at the Krefeld-Uerdingen site increased by 5,000 metric tons annually to meet rising demand for high-quality pigments in paints, coatings, and plastics, enhancing dispersion and color consistency.

Investing EUR 20M to expand global capacities, LANXESS hit record monthly production in Germany. Their eco-friendly methods and compliance with strict regulations drive market share growth.