In the UK, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. SAF trade at the key ARA hub is growing quickly as stricter emissions reduction targets around the world drive rising aviation demand for this fuel, which […]
In Finland, Nordic Bioproducts Group (NBG), a biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of Understanding (MOU) with PTT MCC Biochem Company Limited (PTT MCC) headquartered in Bangkok, Thailand. The partnership marks a significant milestone in the advancement of bioplastic technology and includes, for example, PTT MCC […]
In Germany, synthetic rubber is indispensable today, especially for car tires and technical rubber goods. Until now, the raw materials for its production have largely been obtained from fossil sources. Under the leadership of the Fraunhofer Institute for Applied Polymer Research IAP, four Fraunhofer Institutes are now developing alternative, biobased raw material sources for synthetic […]
In Canada, Alberta’s government introduced the Agri-Processing Investment Tax Credit in spring 2023 to support economic growth and diversification. The tax credit is attracting large-scale investment in value-added manufacturing with Imperial’s C$720-million project to build the largest renewable diesel facility in Canada. When production begins in 2025, Imperial’s new facility will convert locally sourced biofeedstocks […]
In Texas, Vitol has aquired BioMethane Partners to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years of combined experience in designing, building, and operating gas collection systems, natural gas treatment plants, and pipeline interconnects and injection across the landfill gas (LFG) and traditional natural gas businesses. […]
In Scotland, UK spaceflight company Orbex has received £16.7m from six backers in an update to its Series C funding round. With pre-launch testing underway, the funding will help Orbex ramp up the development of Prime, its 19-metre long, two-stage rocket designed to transport small satellites into Low Earth Orbit. The aim is to ensure […]
In Singapore, ZEMBA announced the successful conclusion of its first tender for ocean shipping that achieves at least a 90% reduction of greenhouse gases on a lifecycle basis relative to fossil fuel powered service. Through this deal, more than a dozen ZEMBA members including founding members Amazon, Patagonia, and Tchibo alongside Bauhaus, Brooks Running, DB […]
In Colorado, the Sustainable Aviation Buyers Alliance (SABA) announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc). Over the span of five years, companies including AstraZeneca, Autodesk, Bain & Company, BCG, Deloitte, JPMorgan Chase, Live Nation, McKinsey & Company, Meta, Morgan Stanley, Netflix, Novo Nordisk, Samsung Biologics, Watershed, and Workday alongside […]
In Germany, after receiving an order for a 100 MW electrolyzer last year, Sunfire is now participating in the next significant project: conducting the front-end engineering and design study (FEED) for a substantial 500 MW hydrogen project scheduled for operation by 2028. Sunfire’s FEED study will enable the customer to take a transparent, comprehensive financial […]
In the Netherlands, Spanish energy company Cepsa has signed an agreement with Evos, a leading liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam. The partnership, which also provides for the […]
