In Switzerland, Swiss WorldCargo said it will include the rising costs of SAF due to regulatory environmental requirements in the price index of its existing Airfreight Surcharge (ASC) from January 1, 2025. Starting in 2025, a statutory SAF blending quota of initially 2% will apply for departures from European Union (EU) countries. Countries outside the […]
In France, Haffner Energy and Bambbco announced that they have signed a partnership with the goal of improving the availability of biomass for energy applications, especially from crops grown on marginal land. Haffner Energy has developed a patented biomass and organic waste thermolysis technology, This technology produces renewable hydrogen and clean fuels for industry and […]
In the Philippines, the government reported that President Ferdinand R. Marcos Jr. aims for the immediate passage of the “Waste-to-Energy Bill” to address the flooding problem in the country. “We have to look at it in a more urgent sense because it really becomes such an important part of the flood control program,” President Marcos […]
In Delaware, Transparency Market Research reported that the global methanol market was worth $22 billion in 2023 and is expected to reach $32.9 billion by 2034. The report noted that the market is forecast to grow at a CAGR of 3.4% during the period. “Demand for methanol is expected to increase in Asia Pacific. Automobile, […]
In the Netherlands, Offshore Energy reported that bunker barge operator TankMatch and independent liquid bulk storage provider Evos have joined forces to deliver methanol bunkering solutions across the Amsterdam–Rotterdam–Antwerp (ARA) region. Evos is planning to expand its terminal capacity to meet the growing demand for methanol storage and bunkering services. The planned expansion includes five […]
In China, Palm Oil Magazine reports Quantum Commodity Intelligence data shows biodiesel exports to Europe fell 91% in July compared to June at just 9,835 metric tons following the imposition of anti-dumping duties by the European Commission. That was the lowest level seen since April 2021. There are concerns however about gaps in the rules […]
In Uruguay, Avalon BioEnergy Uruguay S.A., a subsidiary of the U.S.-based Avalon Energy Group LLC, launched plans for its first fully integrated Agriculture-Sustainable Aviation Fuel (SAF) biorefinery in Latin America, located in Uruguay. This project is endorsed by the Ministry of Environment, and the Government of Uruguay. The proposed SAF biorefinery will significantly contribute to […]
In Italy, Reuters reports that following a first deal to sell up to a quarter of its EniLive biofuels business to KKR, inquiries have been made by another potential suitor about buying up another piece of the company, which observers say is an indication of the market’s faith in Eni’s strategy to spin out its […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production fell below 1 million barrels per day last week to the lowest levels since May at 994,000 bpd despite crush margins remaining strong. Although stock levels fell by 261,000 barrels down to 23.5 million barrels, they were still nearly 1.5 million barrels […]
In Colorado, Gevo, Inc. has acquired Cultivate Agricultural Intelligence, LLC for $6 million in cash, with the opportunity for the sellers to receive additional earn-out payments. Gevo will fold CultivateAI into its wholly owned Verity subsidiary to accelerate Verity’s business development and growth. CultivateAI is a proven business with expected 2024 revenue of $1.7 million […]
