In Germany, Der Spiegel reports The Federal Environment Agency (UBA) has raised concerns about the environmental benefits of HVO100 biodiesel, countering the positive stance of Transport Minister Volker Wissing. While Wissing promotes HVO100, derived from used cooking oil, as a high-quality and sustainable solution for reducing greenhouse gas emissions in transportation, the UBA disagrees. The […]
In Virginia, Packaging Dive reports Mars Inc., renowned for its candy bars and other food products, has announced it is unlikely to meet its 2025 sustainable packaging targets. The company cited delays in design and infrastructure changes necessary for packaging circularity as primary reasons. Mars, which has been aligning its goals with the Ellen MacArthur […]
In Washington DC, Voice of America reports Asia-Pacific Business Advisory Council business executives have proposed the issuance of climate bonds indexed to a basket of currencies and recommended launching a pilot program for a voluntary carbon market (VCM) within the Asia-Pacific region. Highlighting the vulnerability of Asia to climate-related disasters and economic reliance on fossil […]
In India, Hindustan Times reports while Maruti Suzuki India Limited is preparing to launch its first electric vehicle in the coming months, Chairman R.C. Bhargava emphasized the company’s strategy of offering diverse technologies to meet India’s varied economic and social needs. According to the annual report, 60% of Maruti Suzuki’s annual sales are projected to […]
In Massachusetts, CNBC reports Kudos, a sustainable diaper brand founded by “Shark Tank” alum Amrita Saigal, is set to launch in 375 Target stores nationwide, aiming to disrupt the traditional diaper market dominated by giants like Pampers and Huggies. Kudos diapers are 100% cotton-lined and incorporate degradable materials such as sugarcane and trees, making them […]
In Japan, Material Flow Plus reports seven leading Japanese companies have agreed to conduct a demonstration test to promote the use of Sustainable Aviation Fuel at Narita Airport through an initiative to build a new scheme for trading “Scope 3 environmental value,” which refers to the indirect reduction of CO2 emissions from using SAF. Participants […]
In Brussels, The European Commission has approved Bunge Global S.A.’s acquisition of Viterra Limited, contingent on specific conditions to address competition concerns. The Commission’s investigation revealed that the merger, as initially proposed, would have reduced competition in the oilseeds market in Central Europe, impacting products such as animal feed, cooking oils, and biodiesel. Both Bunge […]
In Sweden, ScanOcean and Vegoil have partnered to bunker B30-DMA fuel containing Swedish-produced Rapeseed Methyl Ester from Energifabriken at the port of Oskarshamn on the vessel “Key Fjord”. This collaboration aims to leverage RME as a renewable feedstock for marine fuel blends, marking a significant step toward sustainable shipping. The B30-DMA fuel, certified under ISCC-EU […]
In Oman, DEME and OQ have announced a partnership with bp for the HYPORT Duqm project, a major green hydrogen initiative in Oman where bp will acquire a 49% stake in the project, while OQ and DEME will each retain 25.5%. This collaboration will see bp becoming a key player in the green hydrogen project […]
In Singapore, TFG Marine, a marine fuel joint venture founded by Trafigura, Frontline, and Golden Ocean, has signed a long-term time charter agreement with Consort Bunkers for four newbuild methanol carriage-ready bunker tankers. The 6,500-dwt IMO type 2 tankers are being built by Merchants Jinling shipyard in Nanjing, China. Operated by Consort Bunkers for TFG […]
