Archive for 2020

Novozymes 2020 organic sales growth outlook updated, now expected at 0%

Novozymes 2020 organic sales growth outlook updated, now expected at 0%

December 13, 2020 |

In Denmark, Novozymes reports that the 2020 organic sales growth outlook is now expected at 0%, from previously -2% to +2% following reduced uncertainty to the market development, and a new reporting structure has been introduced as a result of the recent organizational changes, including new segments like “Grain & Tech Processing”. Their new segments […]

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Vegetable oil price index hit multi-year high, palm oil prices climb for 6th month running

Vegetable oil price index hit multi-year high, palm oil prices climb for 6th month running

December 13, 2020 |

In Germany, UFOP reports that in November, the FAO vegetable oil price index reached its highest level since April 2014. It was driven by firming prices for all main vegetable oils, especially palm oil. FAO’s vegetable oil price index, which illustrates the changes in international prices of the ten most important vegetable oils in world […]

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Iowa Biodiesel Board supports Biden pick for USDA head

Iowa Biodiesel Board supports Biden pick for USDA head

December 13, 2020 |

In Iowa, Iowa Biodiesel Board Executive Director Grant Kimberley applauded President-elect Joe Biden’s decision to choose former Iowa Governor Tom Vilsack, a strong advocate of biofuels, to serve as Secretary of Agriculture. Iowa Biodiesel Board Executive Director Grant Kimberley issued the following statement: “We applaud President-elect Joe Biden’s decision to choose Tom Vilsack as U.S. […]

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U.S. Department of Energy announces $35M for bioenergy research and development

U.S. Department of Energy announces $35M for bioenergy research and development

December 13, 2020 |

In Washington, D.C., the U.S. Department of Energy announced up to $35 million in funding for bioenergy feedstock technologies and algae research and development. This funding opportunity announcement (FOA) supports the White House priority for advancing the domestic bioeconomy, as well as the Bioenergy Technologies Office’s goals of improving the performance and lowering the cost […]

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Flying high with aviation biofuel – Continuous SAF supply arrives at SFO and LTN airports, RSB recognized by ICAO for CORSIA

Flying high with aviation biofuel – Continuous SAF supply arrives at SFO and LTN airports, RSB recognized by ICAO for CORSIA

December 13, 2020 |

Lots of news arrived recently in sustainable aviation fuel, but here are two stories you won’t want to miss. First, Signature Flight Support, Neste and NetJets celebrate the official launch of Sustainable Aviation Fuel at SFO and LTN airports which is now available for purchase. Second, RSB has officially been recognized by the International Civil […]

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Bently Motors installs HVO fueling facilities for on-site fuel demand at UK plant

Bently Motors installs HVO fueling facilities for on-site fuel demand at UK plant

December 10, 2020 |

In the UK, Bentley Motors will be the first luxury automotive brand to run its in-house logistics on 100 per cent renewable fuels. This follows the installation of hydrotreated vegetable oil (HVO) fueling facilities at its site in Crewe. A 34,000 liter ‘Green D+’ HVO tank and pump now fuels the ten HGV logistics trucks […]

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Orion Energy Partners to fund $135M strategic capital partnership with Highland Pellets

Orion Energy Partners to fund $135M strategic capital partnership with Highland Pellets

December 10, 2020 |

In Arkansas, Highland Pellets announced a $135 million strategic capital partnership with Orion Energy Partners to fund the expansion and upgrade of its existing wood pellet facility in Pine Bluff, Arkansas as well as provide capital for additional long-term growth initiatives. The facility is supported by a long-term contract with a major European power producer […]

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Trafigura’s marine arm goes all in on marine biofuel trials

Trafigura’s marine arm goes all in on marine biofuel trials

December 10, 2020 |

In Switzerland, sea trials on Trafigura’s bareboat chartered vessel, Marlin Amethyst, and initial results from laboratory testing demonstrate the safe and effective use of both the B30 blend biofuel, composed of 30 percent waste oil feedstock and 70 percent Very Low Sulphur Fuel Oil (“VLSFO”) and B20 blend biofuel (20 percent biodiesel and 80 percent […]

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ePure says European Commission needs to include ethanol in new mobility strategy

ePure says European Commission needs to include ethanol in new mobility strategy

December 10, 2020 |

In Belgium, Platts reports that ePure says the European Commission’s Sustainable and Smart Mobility Strategy published on Wednesday doesn’t go far enough to include renewable ethanol in its four-year action plan aimed at reorienting transportation to achieve the Green Deal’s decarbonization ambitions. The strategy targets 30 million zero-emission cars on EU roads by 2030 and […]

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Michigan, Maine and Finland team on forestry bioeconomy collaboration

Michigan, Maine and Finland team on forestry bioeconomy collaboration

December 10, 2020 |

In Michigan, in a move that capitalizes on collective forestry knowledge and a commitment to smarter, sustainable use of natural resources, Finland and the states of Maine and Michigan are elevating a cooperative effort in bioeconomy and clean technologies. Maine and Michigan, like Finland, are heavily wooded states with long traditions in the forest industry. […]

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