In California, World Energy announced a $350 million investment over the next two years to complete the conversion of its Paramount, California facility into one of the cleanest fuel refineries in the world. The project will enable World Energy Paramount to process 306 million gallons annually. The conversion to renewable jet, diesel, gasoline and propane […]
By Haley Gershon, Beta Analytic Special to The Digest Biofuels maintain an important role in the fuel industry as environmental and human health concerns ignite the transition from using fossil fuels to more eco-friendly options. Alongside environmental benefits, biofuels also offer an opportunity for manufacturers to qualify for tax credits and other financial incentives. This article […]
Marathon Petroleum Corporation (NYSE: MPC) is a large-scale geographically-diversified and highly -integrated refining, marketing and midstream company. MPC is the nation’s largest refiner, with a crude oil refining capacity of more than 3 million barrels per calendar day in its 16-refinery system. In the past year, Marathon acquired Andeavor and between Marathon and Andeavor assets […]
The BP Energy Outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal […]
The Biofuture Platform aims to be an action-oriented, country-led, multi-stakeholder mechanism for policy dialogue and collaboration among leading countries, organizations, academia and the private sector conscious of the need to accelerate development and scale up deployment of modern sustainable low carbon alternatives to fossil based solutions in transport, chemicals, plastics and other sectors. At a […]
Darling Ingredients today provides a global growth platform for the development and production of sustainable natural ingredients from edible and inedible bio-nutrients. With a variety of processing operations in over 200 locations on five continents, they create a wide range of products and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, […]
The pace of bioeconomy invention and change continues at a frenetic pace. Here are the top innovations for the week of October 24th. #1 Covestro develops first biobased coating hardener for lightfast polyurethane coatings In Germany, Covestro received the MATERIALICA Design + Technology Award 2018 for the development of the first biobased coating hardener for […]
An interesting addendum appeared in recent days on the Anellotech website — a notation, not seen before from the Sultans of Stealth, that “Anellotech has raised US$80 million in cash and in-kind contributions to date. These considerable investments come from our highly-motivated and engaged strategic partners, who are working with us to develop and commercialize […]
You got no troubles, right here in River City, friend, if building a sustainable business or a biorefinery is on your mind. The secret of the economics of the bioeconomy is in the riverside cities and towns, if you think about it. Now, all cities are close to rivers, but here we think of them […]
By CJ Evans, Member, Lee Enterprises Consulting, Inc. Special to The Digest This the second installment of an article that breaks down all of the many federal funding opportunities that are available to promote innovation into the nine Technology Readiness Levels (TRLs) through which new technologies, concepts, and approach must progress to reach full commercialization. […]
