In Virginia, Boeing said it is buying 9.4 million gallons of blended sustainable aviation fuel to support its 2024 U.S. commercial operations. This is the company’s largest annual SAF purchase, more than 60% higher than its SAF purchases in 2023. The blended fuel – 30% SAF made from waste by-products such as fats, oils, and […]
In China, Maersk said its methanol-enabled vessel “Astrid Mærsk” arrived at Yangshan port in Shanghai, for the first green methanol bunkering with simultaneous cargo and bunkering operations in China. This achievement was made possible in partnership with the Shanghai International Port Group (SIPG). “Astrid Mærsk” sailed from Yokohama, Japan to Shanghai after having its naming […]
In Belgium, Tereos and Futerro have signed a supply agreement that paves the way for the creation of a biomanufacturing platform that will produce innovative and sustainable biomaterials. The collaboration between the two companies will see Tereos supplying Futerro every year with 150,000 tons of dextrose from wheat starch, produced directly at its Lillebonne plant, […]
In Romania, The Diplomat reported that MOL Group has inaugurated a 10 megawatt capacity green hydrogen plant in Százhalombatta, Hungary. According to the report, the plant will reduce the Danube Refinery’s carbon dioxide emissions by 25 000 tons. MOL will be able to produce 1,600 tons of green hydrogen per year. The plant will start […]
In Canada, Velox Energy Materials announced its project partner, the Hydrogen Storage Research Group at Curtin University has executed a binding funding agreement with the Australian Renewable Energy Agency (ARENA) for grant funding of $3.2 million under the Transformative Research Accelerating Commercialization (TRAC) Program for the Kotai Hydrogen Project. The funding will be used to […]
In Florida, The Maritime Exclusive reported that Singapore-based X-Press Feeders was on track to launch green shipping corridors in Northern Europe during the third quarter of this year following the inking of a landmark agreement with six ports. The report noted that the company had sigmed memorandum of understanding with the ports of Antwerp Bruges […]
In Texas, SNS Insider reported that the global bio-based leather market size was valued at $725 million in 2022 and is projected to reach $1.2 billion by 2030. This growth translates to a compound annual growth rate (CAGR) of 6.5% over the forecast period (2024-2031). “The market’s expansion is fuelled by a confluence of factors, […]
In Louisiana, Strategic Biofuels announced a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company’s flagship Louisiana Green Fuels (LGF) project, […]
In Washington DC, the U.S. Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced the MACRO: Mixed Algae Conversion Research Opportunity funding opportunity announcement (FOA). The FOA will award up to $18.8 million to address research and development challenges in converting algae, such as seaweeds and other […]
In Belgium, the European Commission has approved a $2.4 billion German scheme to support investments in the decarbonisation of industrial production processes to foster the transition to a net-zero economy. Under this measure, the aid will take the form of direct grants. The measure will be open to companies relying on the use of fossil […]
