In the UAE, SAF One announced the acquisition of Green Biotrade, a UAE based feedstock and biofuels trading company. This strategic acquisition will strengthen SAF One’s supply chain capabilities and secure critical feedstock for its sustainable aviation fuel (SAF) projects. Commenting on the acquisition, Deepak Munganahalli, Co-Founder and Director at SAF One, said, “Our acquisition of Green […]
In Texas, USA BioEnergy announced it has closed on the acquisition of 1,600+ acres of land in East Texas for its new $2.8 billion advanced biorefinery, designed to convert wood waste into sustainable, net-zero aviation fuel (SAF). The landmark SAF facility already secured a 20-year offtake agreement with Southwest Airlines and is at the forefront […]
In Italy, Anaergia S.r.l. has signed a binding agreement with Techbau S.p.A., a leading Italian company specializing in large-scale engineering and construction projects for the building of five new biomethane production plants in Italy. Anaergia S.r.l. will be the technology provider, supplying state-of-the-art equipment for the biomethane production process, and Techbau will be the general […]
In Brazil, the National Bank for Economic and Social Development (BNDES) approved financing totaling R$480 million for the industrial units of Companhia Mineira de Açúcar e Álcool (CMAA) to expand ethanol production and energy generation from biomass. sugarcane, and for industrial modernization and equipment acquisition. With R$220 million from the Climate Fund, Vale do Pontal […]
In California, Terviva, Inc announced a strategic investment from integrated energy company Idemitsu Kosan Co., Ltd (Idemitsu). Idemitsu, in partnership with Terviva and Stanmore, an Australia-based coal resource company, is beginning a trial plantation of Terviva’s pongamia in Queensland, Australia. This collaboration leverages Terviva’s scalable tree production and Idemitsu’s expertise in fuels to accelerate the […]
In the Netherlands, VTTI launched VIDA bioenergy, a newly formed subsidiary that is 100% owned by VTTI, dedicated to transforming biomass into renewable energy. VIDA bioenergy will operate independently from the rest of VTTI, under the leadership of CEO, Lars Boetje. This will allow the company to move with flexibility and speed to meet the […]
In Indonesia, PT Kilang Pertamina Internasional (KPI) achieved ISCC (International Sustainability Carbon Certification) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and Europe Union (EU) certificates to produce SAF from used cooking oil (UCO). With this certification, KPI’s SAF meets sustainability requirements and can be accepted and traded according to the regulations of the […]
In Spain, Universidad Carlos III de Madrid (UC3M) is participating in a European research project, called BIOntier, which is developing more sustainable materials than conventional ones, known as biocomposites, for industrial sectors such as the automotive, aeronautics, energy storage and water treatment industries. Biocomposites developed by BIOntier cover applications as diverse as vehicle components, battery […]
In Switzerland, Hydrocarbon Processing reports the World Trade Organization’s panel brought by Indonesia against the European Union for its alleged trade discrimination against Indonesian palm oil-based biofuel largely supported the EU, but not entirely. The three-person panel ruled that the EU’s logic beyond labeling palm oil as “high risk” from a GHG limiting perspective was […]
In Montana, Calumet, Inc. has closed a $1.44 billion guaranteed loan facility with the U.S. Department of Energy Loan Programs Office (“LPO”). The loan will fund the construction and expansion of the renewable fuels facility owned by Montana Renewables, LLC, an unrestricted subsidiary of Calumet. The expansion positions Montana Renewables as one of the largest […]
