In the UK, Fastmarkets and Intercontinental Exchange (ICE) announced the launch of the ICE Used Cooking Oil (UCO) Gulf (Fastmarkets) Futures contract to meet growing demand and tackle complexity in the biofuel feedstock market. The US Gulf-based UCO assessment reflects the primary market region for UCO trade, capturing the broadest data pool necessary for accurate market […]
In Maryland, Enviva, LLC announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the company’s strategic transformation. Enviva is well-positioned for long-term growth and consistent operating performance, allowing the company to serve its customers as a market leader and critical partner in meeting their demand for renewable fuel. Enviva’s Plan […]
In Singapore, BE C&I Solutions Holding Pte. Ltd. (“BECIS”) announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy) and Siemens Financial Services. Operating across eight strategic markets—India, Thailand, Indonesia, Vietnam, Philippines, Malaysia, China, and Cambodia—BECIS specialises in a variety of decarbonisation solutions, which […]
In Greece, Italgas has envisaged a total investment of €1 billion in Greece as part of the Group’s 2024-2030 Strategic Plan. This program will be executed by its subsidiary Enaon, focusing on four main pillars to support Greece’s ongoing ecological transition: v Methanization of areas not yet connected to the gas distribution network and contributing […]
In France, Lactips, specializing in the development, production and commercialization of a 100% biobased natural polymer that is water-soluble and biodegradable in all environments, has announced a €16 million fundraising round. This new round, backed by SPI fund, managed on behalf of the French government by Bpifrance as part of France 2030, marks the entry […]
In Finland, UPM Specialty Papers and Eastman have co-created a novel biopolymer coated paper packaging solution, designed for food applications requiring grease and oxygen barriers. The solution integrates Eastman’s biobased and compostable Solus performance additives with BioPBS polymer to form a thin coating onto UPM’s compostable and recyclable barrier base papers. Thanks to the thinness […]
In Kansas, some of the more commonly known and grown oilseed crops in the U.S. have long been canola, soybeans and sunflowers, but a breakthrough by Kansas State University biochemists could lead to the cover crops pennycress and camelina also becoming a source for improved biodiesel. Researchers used synthetic biology techniques to significantly increase the […]
In Belgium, even after more than five years of re-negotiation and tinkering, ePure says the EU-Mercosur agreement remains a bad deal for the EU renewable ethanol sector, for European farmers and for Europe’s drive for strategic industrial and agricultural autonomy. The European Commission ignored repeated warnings from European bioethanol producers and decided to offer Mercosur […]
In Washington, the Renewable Fuels Agency says U.S. ethanol exports eased 3% in October to 143.5 million gallons (mg), reflecting significant market fluctuations and a heavy concentration of shipments to two primary destinations. Canada maintained its status as the leading export market for the 43rd consecutive month, despite a 22% reduction in shipments. Exports to Canada totaled […]
In Singapore, the shipping sector is increasingly using biofuels, such as Fatty Acid Methyl Esters (FAME), to reduce its GHG emissions. However, concerns have arisen regarding the legitimacy of biofuels and whether they are truly sustainable. Industry bodies are seeing a rising number of cases mislabelling biofuels purported to be made from recycled oils and […]
