19th International Automobile Recycling Congress IARC 2019

Have you already made all your preparations for this year’s International Automobile Recycling Congress IARC 2019? If not, then make sure you do so soon, as our industry get-together begins in less than two weeks. Don’t miss this unique opportunity to exchange the latest news and ideas with experts from all areas of the automobile recycling industry.

Again this year, our congress has attracted a large number of visitors. So far, over 200 participants from a total of 25 different countries have registered for the IARC 2019. This year, we have again put together an interesting and highly diverse program for our visitors. We are particularly looking forward to one of our keynote speakers, Mr Eric Hannon from McKinsey & Company, Inc. in Germany.

At the IARC 2019, Eric Hannon will be providing us with an overview of mobility’s circular economy potential. Before the conference we had an opportunity to talk to him:

  • Mr Hannon, at the IARC 2019 you will be talking on the topic of "Mobility’s Circular Economy Potential". The title of your presentation suggests that the potential of the circular economy in the mobility sector is far from exhausted. Are we right on that point?

Over the last few years, the automotive industry has made a great deal of progress in terms of sustainability. Cars are among the most recycled products worldwide and the recycling rate in Germany is over 90%. However, we still have a long way to go to achieve a genuinely circular economy, as it involves a whole lot more than just recycling. In fact, it means changing the entire process chain, including product development, business models and supply chains, to take sustainability into account.

  • In which field of mobility do you see the greatest potential for the circular economy?

Four mega-trends are currently impacting the car industry, the so-called ACES: autonomous driving, connectivity, e-mobility and shared mobility. The fundamental changes that accompany these technologies offer us the opportunity for a further revolution, namely the circular economy, as we could actively rethink the way we do things when it comes to new products such as e-cars, but also new business models like car sharing or robotaxis.

  • How important do you think the topic of circular economy is for carmakers?

We have already seen in many other industries that the transition from focusing purely on products to a more strongly service-based business model has a great deal of commercial potential. To take an example from the automotive industry, carmakers currently earn around one cent per mile (1.6 km) on the cars they sell, calculated over each vehicle’s life cycle. However, with robotaxis the figure could rise to between 10 and 25 cents and the existing assets, i.e. the vehicles themselves, could be used far more efficiently.

  • Do you know of any best-practise examples that show how the circular economy can be ideally implemented in the field of mobility?

As mentioned in that example, mobility services are a good way to use cars for longer and more efficiently. That is one of the key principles of the circular economy. However, we are still only just beginning and so far the circular economy has not been fully implemented. For example, products need to be comprehensively rethought at the design stage, right from the outset, to make them suitable for the circular economy.

  • In the carmaking industry, electric drivetrains are considered the way forward. Apart from the lithium-ion battery, which other challenges does electric mobility pose for the circular economy?

Generally speaking, e-mobility creates a lot more potential for the circular economy than it does problems. With around 90% effectiveness, an electric motor, for example, is incredibly efficient in comparison to a combustion engine. Batteries, for example, already provide a promising opportunity for designing a completely circular system – from design to the end-of-life stage. Circular economy concepts are being far more systematically considered in the field of e-mobility than was ever the case with combustion engines.

Thank you for the interview, Mr Hannon.

If you want to find out more about this topic and lots of others, too, please come to the IARC 2019 in Vienna. Don’t miss this opportunity to exchange news and ideas with experts from every field of the automotive recycling sector. We look forward to welcoming you to this year’s industry meeting. For all the details on the program and how to register, go to: https://www.icm.ch/iarc-2019.

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Infinity revises Executive Director remuneration to provide for milestone-based incentives

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’ – http://www.commodity-tv.net/c/search_adv/?v=298809) wishes to advise that, as a result of its annual remuneration review, it is seeking to implement an incentive scheme for Executive Directors.  These incentives are performance based and are designed to align a proportion of the Executives’ remuneration with value creation and shareholder returns.

The San Jose Lithium Project (‘San Jose’) is an advanced, large lithium project in the European Union.  The rapid evolution in cathode technologies and the lithium chemicals market has resulted in an increasing focus on opportunities for lithium hydroxide and in particular, the availability to provide product for Europe from non-Chinese based converters.  The proximity of San Jose to growing European markets provides significant strategic value to European cathode producers and lithium-ion battery cell manufacturers, as Europe addresses surety of supply to support what is projected to be the 2nd largest electric vehicle market globally.

It has been determined that, subject to shareholder and any necessary regulatory approval, the Executive Directors, Ryan Parkin and Vincent Ledoux Pedailles be issued with ordinary shares in the event of successfully securing a material offtake contract for lithium chemicals and also obtaining significant strategic investment from related battery and/or automotive industry participants that advance the San Jose project.  A Share Option package will also be included in Ryan Parkin’s package.  Full details of the proposal are outlined in Appendix A.

The Company will put these incentive packages to shareholders for consideration at the next general meeting to be held at some point in 2019.

For further inquiries please contact;

Kevin Tomlinson
Non-Executive Chairman
T: +61 (8) 6461 6350

Nick Morrison
Namcomm Consulting – Principal
T: +61 (0) 424 823 100
E: nick@namcomm.com.au

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch

APPENDIX A

Ryan Parkin milestone incentives:

  • Performance – The higher of either A$50,000 in value of ordinary shares at 15-day VWAP prior to date of ASX announcement or 750,000 ordinary shares for achieving the milestone of entering into an offtake deal/ MOU/ LOI achieved on or before 31 March 2020 (ordinary shares will be issued subject to Company capacity to issue the shares and shareholder and regulatory approval if required; should this not be received, the payment will be made in cash to the value of shares at the time).
  • Performance – The higher of either A$50,000 in value of ordinary shares at 15-day VWAP prior to date of ASX announcement or 750,000 ordinary shares for achieving the milestone of attracting and raising funds through the engagement of a Tier 1 industry or strategic investor before 31 March 2020 (ordinary shares will be issued subject to Company capacity to issue the shares and shareholder and regulatory approval if required; should this not be received, the payment will be made in cash to the value of shares at the time).
  • The Infinity Board will consider a further discretionary performance bonus up to a value not to exceed that which would be awarded for the completion of an offtake or strategic investment bonus – in the event that offtake, strategic investor and project funding commitment be achieved through the engagement of key stakeholder or that there is material progress on the permitting and approvals component of the San Jose project.
  • 1,000,000 Options to buy ordinary shares to Ryan Parkin or a nominee. These will have a 3-year term with a strike price calculated to be a 30% premium to the closing share price on the date of shareholder approval and issue.  These are employee options which lapse after 90 days should his service terminate with the Company.

Vincent Ledoux Pedailles milestone incentives:

  • Performance – A$50,000 in value of ordinary shares at 15-day VWAP for achieving the milestone of entering into an offtake deal/ MOU/ LOI achieved on or before 31 March 2020 (ordinary shares will be issued subject to Company capacity to issue the shares and shareholder and regulatory approval if required; should this not be received, the payment will be made in cash). 
  • Performance – A$50,000 in value of ordinary shares at 15-day VWAP for achieving the milestone of attracting and raising funds through the engagement of a Tier 1 strategic investor (ordinary shares will be issued subject to Company capacity to issue the shares and shareholder and regulatory approval if required; should this not be received, the payment will be made in cash).
  • The Infinity Board will consider a further discretionary performance bonus up to a value not to exceed that which would be awarded for the completion of an offtake or strategic investment bonus – in the event that offtake, strategic investor and project funding commitment be achieved through the engagement of key stakeholder or that there is material progress on the permitting and approvals component of the San Jose project.

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Das Lastenfahrrad macht das Rennen

In deutschen Städten ist der Verkehrsinfarkt zum Dauerzustand geworden. Es geht weder vor noch zurück: Stau, Lärm und stinkende Abgase sind ständige Begleiter – zumindest an Werktagen. Die urbanen Logistiker können pünktliche Lieferzeiten kaum einhalten. Hinzu kommen große Probleme beim Be – und Entladen aufgrund fehlender Abstellmöglichkeiten. Diese permanente Ausnahmesituation belastet Mensch und Umwelt enorm und erfordert ein grundlegendes Umdenken und entschieden neue Konzepte. Das im HUSS-VERLAG erschienene Buch „Nachhaltige Stadtlogistik“ zeigt Lösungen auf. Herausgeber Ralf Bogdanski hat das Zusammenspiel von logistiktauglichen Lastenfahrrädern – so genannten Light Electric Vehicles (LEV) -, Mikro-Depots und Vans in Nürnberg 18 Monate getestet. 2018 wurde er deshalb Preisträger im Bundeswettbewerb Nachhaltige Urbane Logistik in Berlin. Seine Erkenntnisse sind auf andere Städte übertragbar. Im Buch sind verschiedene Praxisbeispielen ergänzt und es kommen unterschiedliche Autoren zu Wort.

Aus dem Inhalt:

  • Was muss ein logistikgerechtes LEV können?
  • Vans & Bikes in Stuttgart: Das neue Konzept
  • Besonderheiten der urbanen Pharmalogistik
  • Digitale Plattformen für das Mikro-Depot XXL
  • Urbane Verkehrswege und Lastenfahrräder

Bibliografische Angaben:

Herausgeber: Prof. Ralf Bogdanski

Nachhaltige Stadtlogistik 

Warum das Lastenfahrrad die Letzte Meile gewinnt                                                                         

© 2019
1. Auflage, Februar 2019

HUSS-VERLAG GmbH München

192 Seiten, Paperback, Format: 170 x 240 mm
Bestell-Nr. 22642 (Buch)
Bestell-Nr. 226429 (E-Book)
€ 89,88 zzgl. Versand

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Appointment of Industry Expert to Infinity Lithium’s Board

  • Infinity significantly strengthens the Board with the appointment of European based lithium industry expert Vincent Ledoux-Pedailles
  • European based Executive with significant lithium market experience highlights continued European focus

Infinity Lithium Corporation Limited (‘Infinity’ or ‘the Company’ – http://www.commodity-tv.net/c/search_adv/?v=298809 ) is pleased to announce the appointment of Mr Vincent Ledoux-Pedailles to the Board of Infinity.  The appointment continues to reflect the corporate requirements and core focus of Infinity with regards to advancing the San Jose Lithium Project (“San Jose”).

Mr Ledoux-Pedailles has been involved in the lithium industry since 2011, initially with Talison Lithium Limited in Australia. He has held roles monitoring various metals and industrial minerals markets at international metals and minerals research and consulting company Roskill.

Vincent also led the lithium and battery materials research team at London based global data and information service group IHS Markit (‘IHS’), where he first focused on basic chemical commodities and led the EMEA Chlor-alkali team.  Having covered the entire industry’s supply chain from the extraction of the raw materials, their conversion to chemicals and battery materials used in cathodes, and the progression to end uses such as in electric vehicles, energy storage systems and portable electronics, Vincent brings extensive industry experience and perspective in highly specialised lithium chemicals. 

Infinity Managing Director, Ryan Parkin, said: “Infinity is delighted with the outcomes of the lithium hydroxide scoping study, and the appointment of Vincent to the Board of Infinity.   Vincent’s depth of industry expertise and strong network throughout Europe reinforces Infinity’s focus on engaging with potential strategic, technological and offtake partners in the progression of the San Jose Lithium Project in the world’s second largest electric vehicle market.  Vincent’s industry knowledge and expertise in the broader industrial chemicals market will provide immense value when considering the nature of offtake agreements in a highly specialised segment.  With his lithium market credentials, strong leadership qualities and team mentality, we are excited to welcome Vincent to the Board to drive Infinity and the strategically significant San Jose Lithium Project forward.”

The rapid evolution in cathode technologies and the lithium chemicals market has resulted in increasing focus on opportunities for lithium hydroxide and in particular the availability of product from non-Chinese based converters.  The proximity of San Jose to growing European markets provides significant strategic value to European cathode producers and lithium-ion battery cell manufacturers, as Europe addresses surety of supply to support what is projected to be the 2nd largest electric vehicle market.  The appointment of Vincent to the Board of Infinity further strengthens the Company’s focus on European developments after his recent appointment to lead European corporate strategy.

Vincent has been working with Infinity over the last quarter of 2018 in his capacity as Vice President of European Corporate Strategy and Business Development.  He is a regular speaker at various industry events across the world presenting at chemical, mining, and energy related conferences, and is scheduled to present at the Advanced Automotive Battery Conference (‘AABC’) “Global Battery Raw Materials Symposium Balancing Supply, Demand & Costs for Battery Component Materials” on 29 January 2019.

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Weidmüller at Hannover Messe 2019: Hall 11, Stand B.58

The trend towards digitalisation in industry requires new solutions, this also applies for components that were previously purely electromechanical in nature. Because without a powerful, comprehensive infrastructure, digitalisation hits its limits fast. The infrastructure includes plug-in connectors and cables whose significance is set to rise and for example will be reflected in intelligent plug-in connectors. The development of plug-in connectors is heavily influenced by three trends: digitalisation, decentralisation and miniaturisation. In decentralisation, increasing numbers of functions in the industrial environment are shifting to the device and field level, meaning that there will be an increasing demand for a comprehensive connection between devices along the horizontal and vertical axes of the automation pyramid. This also includes supplementation with intelligent functions. Integrating sensor and diagnostic functions directly into the connectors opens up completely new application fields and renders additional sensors superfluous. Measured variables like current, voltage, power and temperature can be measured, as well as saved and evaluated with an app, an ERP/SCADA system or a cloud. Such an intelligent plug-in connector is presented by Weidmüller for the first time at Hannover Messe 2019. The smart plug-in connector was created as part of the German Federal Ministry of Education and Research (BMBF) funded project: "Intelligent electric plug-in connector and connection technology with electronic signal processing (ISA)".

Weidmüller – electrical connection, transmission and conversion of
power, signals and data in the industrial environment. – Let’s connect.

Additional information: www.weidmueller.com

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Wechsel in der HARTING Deutschland Geschäftsführung

Die deutsche Vertriebstochter der HARTING Technologiegruppe wird eine neue Geschäftsführung erhalten. Der bisherige Geschäftsführer der HARTING Deutschland GmbH & Co. KG in Minden, Stefan Olding, ist in gegenseitigem Einvernehmen aus seiner Funktion ausgeschieden.

Bis auf Weiteres wird Edgar Peter Düning, Sprecher der Geschäftsführung von HARTING Electric und HARTING Electronics, die Leitung der Gesellschaft kommissarisch

übernehmen. Düning war vor seiner Zeit in Espelkamp Mitglied der Geschäftsführung der deutschen Vertriebsgesellschaft.

Philip Harting, CEO der HARTING Technologiegruppe: „Wir bedanken uns bei Herrn Olding für die Zusammenarbeit in den vergangenen Jahren und wünschen ihm alles Gute für seine Zukunft.“ Die Geschäftsführung wird kurzfristig neu besetzt werden.

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Endress+Hauser achieves gold status again

Endress+Hauser has received the Gold Recognition Level certificate in the EcoVadis audit, achieving a score of 68 points. The company is therefore among the top five percent of all suppliers evaluated by EcoVadis in the corresponding comparison group.

Endress+Hauser continued to achieve an above-average rating in all aspects evaluated in 2018, which included the categories environment, labor practices, fair business practices and sustainable procurement. The company made notable improvements in terms of the documentation of existing processes, meaning that results are more traceable.

“An increasing number of customers place ever greater importance on the fact that companies are aware of their social responsibility. A positive result can therefore greatly influence a customer’s decision,” Dr Luc Schultheiss, Chief Financial Officer of the Endress+Hauser Group, says in delight at the result. The Group has compiled a sustainability report since 2015 in which it highlights social, environmental and economic aspects of company management. The EcoVadis rating serves as a strategic key performance indicator.

Practiced values
This year’s audit placed a positive emphasis on the company’s environmental policy, the high significance of the company culture within the Group and the management of employees, among other things. Implemented measures included the global provision of training that conveys the Code of Conduct and the values and culture of the family business to employees in a playful manner. The installation of charging stations for e-bikes and electric cars which provide an incentive for switching to electromobility was also highlighted.

Twenty-one assessment criteria
EcoVadis operates a global platform that allows companies to assess the environmental and social aspects of their suppliers. The results demonstrate global performance in terms of environmental, social and ethical factors while offering suggestions for improvement. Today, more than 45,000 companies are rated by EcoVadis.

More information on the topic of sustainability at Endress+Hauser can be found under:
https://www.endress.com/en/Endress-Hauser-group/endresshauser-at-a-glance/sustainability/sustainability-report

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Dayton/ Ohio: Kiepe Electric to equip another 15 buses with In Motion Charging (IMC) technology

.

▪ Kiepe Electric writes next chapter in North American e-mobility story
▪ Greater Dayton Regional Transit Authority (RTA) partners with Kiepe Electric to expand electric bus fleet to 45 vehicles
▪ Operator opts for future-proof In Motion Charging (IMC) concept

Kiepe Electric, a subsidiary of Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle subsystems, is to supply the traction systems for an additional 15 trolleybuses in Dayton, Ohio.

“For Kiepe Electric this order brings a further reinforcement of its leading role in electrical traction systems for environmentally friendly buses in the USA,” said Dr. Jürgen Wilder, Member of the Executive Board of Knorr-Bremse AG responsible for the Rail Vehicle Systems division, underlining the significance of the order. “With its eco-friendly mobility and transportation technologies, Knorr-Bremse is making yet another substantial contribution to eco-efficient mass transit solutions.”

The operator was quick to appreciate the benefits in terms of both ecology and economy: “The life cycle of the electric buses is longer and the operating costs are lower,” said RTA CEO Mark Donaghy, “apart from which they are quieter and better for the environment.”

Dayton: Electric buses have been part of the street scene since 1933

Kiepe Electric is fitting the buses with its future-oriented In Motion Charging (IMC) concept. With IMC, the bus charges its batteries on the fly from the overhead lines. On sections of route with no overhead lines it runs on battery power. “This technology greatly increases the operating radius of our electric buses. Operators can run them 24 hours a day without having to schedule any breaks to recharge the batteries,” says Dr. Heiko Asum, Managing Director of Kiepe Electric.

With this order, Knorr-Bremse and Kiepe Electric are writing the next chapter in the story of eco-friendly mass transit in Dayton: Dayton first introduced electric passenger transportation back in 1888, making it the city with the longest uninterrupted history of electric vehicle operation in the USA. The first electric buses took to the streets of Dayton in 1933 and have long since become an established part of the everyday street scene.

Final assembly of the buses takes place at the Kiepe Electric plant in Alpharetta (Georgia). This is also where the company manufactures the traction system components, helping it to comply with the high local content requirements of the US vehicle market. As in many other markets, in North America Kiepe Electric is an established player: In the meantime the company has developed and manufactured the traction systems for almost 800 electric buses here.

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Nanjing Iron and Steel upgrades electric arc furnace with injector technology from SMS group

Nanjing Iron and Steel Co., Ltd., China, has placed an order with SMS group (www.sms-group.com) to supply new SMS group ConSo R6 injectors for the electric arc furnace No. 3 in Luhe, Nanjing. Erection and commissioning of the equipment are scheduled for 2019.

The main goal of the upgrade is to cope with the future reduction of hot metal by replacing it with scrap in the charge. For this purpose, efficient injector technology is required. Furthermore, the upgrade will reduce operating costs and increase productivity.

The injector design was developed using computational fluid dynamics (CFD). The new lightweight construction, ten percent lighter than previous version, is particularly easy to maintain.

The SMS group ConSo R6 water-cooled copper boxes in monoblock design are not susceptible to cracking and effectively prevent water leakage. The integrated flashback detection system allows continuous monitoring of the ConSo R6 injector. The injector, which can be operated in burner or oxygen injector mode, additionally provides for automatic management of the melting profiles, ensuring excellent efficiency.

The SMS group scope of supply includes three ConSo R6 injectors, water-cooled copper boxes, the respective valve stations, an integrated flashback detection system as well as supervision of the erection and commissioning activities.

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11th International Symposium: „Advanced Battery Power – Kraftwerk Batterie“

Modern life thrives on the availability of electrical energy. Countless applications spanning from medical to industrial and consumer products have been made possible only by modern battery technology. Future electric vehicles will have ranges of 450 km and more. Nowadays, batteries are an integral technological component in home solar energy installations and in the electricity grid generally, and their importance is growing dramatically.  

Even both, limited energy density and high costs, sectors such as mobility, communications, renewable energy, count on the development of rising storage performances with regard to price, mass and energy.

Reason enough for researchers, application engineers, developers to join the 11th International meeting,Advanced Battery Power – Kraftwerk Batterie held in Aachen, Germany, from April 3rd-4th, 2019, gathering academia, industry and the public sector. Over 600 visitors are expected. The latest version of the program is now on-line (www.battery-power.eu).

With Dr. Matthias Ullrich, Volkswagen Aktiengesellschaft, Prof. Rachid Yazami, Nanyang Technological University, Dr. Hartung Wilstermann, Webasto E-Solutions & Services Boards, Prof. Dr. Petr Novàk, Paul Scherrer Institut, Prof. Dr. Kristina Edström, Uppsala University and Ted Miller (requested), Ford Motor Company

the conference has already attracted international and renowned scientists and practitioners.

The “Battery Day NRW” preceding the main symposium on April 2nd will enable participants to keep abreast with various topics around the basic science and technology by means of a thoroughly adapted series of introductory seminars. The “Battery Day NRW” is supported by the Department of Economy, Innovation, Digitalization and Energy of the State of North Rhine-Westphalia and held under the patronage of Prof. Dr. Andreas Pinkwart.

From April 2rd – 4rd, 2019, Aachen will again be the platform to update on, discuss, and experience hands-on the latest developments in battery technology, research, development and examples of applications.

The conference language will be English and German (Battery Day NRW). Further details can be found under www.battery-power.eu. The exhibition is already fully booked.

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