In Malaysia, The Sun reported that Malaysia’s ambitious target to increase the domestic use of sustainable aviation fuel could begin by 2030, requiring about 42 million liters annually. A report by BMI, a Fitch Solutions company, noted that Malaysia’s National Energy Transition Roadmap has set an ambitious target, aiming for a 47% mandate by 2050, […]
In Norway, Nel Hydrogen Electrolyser, a subsidiary of Nel ASA, has signed a new contract for 10 MW of alkaline electrolyser equipment with Samsung C&T Corporation Engineering & Construction Group for its first pilot for nuclear connected (pink) hydrogen production plant. The first contract with Samsung C&T signed earlier this year was for an off-grid […]
In California, Aemetis announced that the Universal Biofuels subsidiary of Aemetis in India successfully completed delivery of $103 million of biodiesel to the three government-owned Oil Marketing Companies (OMCs) under cost-plus supply agreements for the one-year marketing period ending September 30, 2024. Aemetis recently received an initial $58 million of new allocations from OMCs for […]
In Korea, the Korea Times reported that HD Hyundai Oilbank’s biofuel business is achieving important milestones to meet increasingly complex market demands. The refiner said it completed Korea’s first biodiesel plant utilizing supercritical fluid technology in April, with commercial operations now underway. The facility aims to produce 130,000 tons of biodiesel annually, according to the […]
In the Netherlands, Offshore Energy reported that the Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals, has completed the first methanol bunkering operation for a Maersk dual-fuel methanol container vessel. PTP’s Chairman, Tan Sri Che Khalib Mohamad Noh, said: “This successful methanol bunkering operation demonstrates PTP’s readiness and capability […]
In Germany, BASF said it has completed the certification program International Sustainability and Carbon Certification (ISCC) PLUS at its production site in Lemförde, Germany to produce biomass-balanced thermoplastic polyurethanes. Also, the annual recertification according to REDcert2 was successfully completed for numerous thermoplastics and polyurethane systems. This allows BASF to expand its sustainable product portfolio and […]
In India, Maximize Market Research reported that the global waste to energy market size is expected to reach a value of $63.1 billion by 2030. The market, which reached a value of $35.2 billion last year, is forecast to expand at a CAGR of 8.68% from 2024 to 2030. “The waste to energy market dynamics […]
In the Netherlands, STX Group announced the acquisition of Marine Olie, a trader of waste-based advanced feedstocks. “The biofuels market is one of the largest environmental commodity markets globally and will play a significant role in decarbonizing the shipping, road, industry and heating sectors. The availability of reliable waste-based ‘advanced’ feedstocks will therefore be a […]
In Finland, Neste said it tested renewable diesel in truck transportation across a total of 1.6 million kilometers with Porsche, Karlsruhe Institute of Technology with the aim of testing the viability of renewable diesel. Neste noted that an endurance run featuring up to 12 trucks running on 100% Neste MY Renewable Diesel (HVO100) was kicked […]
In Belgium, the European Commission reported that the European Investment Bank (EIB) has granted Nortegas Group a framework financing of up to $84 million to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain and launch a digital operations center. The EIB and InvestEU-financed project will enable the development of […]
