Category: Fuels

ACC issues principles to support growth of biobased plastics innovation in U.S.

ACC issues principles to support growth of biobased plastics innovation in U.S.

February 10, 2024 |

In Washington D.C., The American Chemistry Council’s Plastics Division (ACC) released a set of principles and definitions to promote policies that support responsible growth of commercially available and viable biobased plastic production and bolster solutions that can help U.S. companies reach their sustainability goals more rapidly. “Moving to more recycled and renewable materials for plastic […]

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Thai oil firm PTG Energy invests in waste-to-energy sector

Thai oil firm PTG Energy invests in waste-to-energy sector

February 10, 2024 |

In India, BNN Breaking reported that PTG Energy, an oil trading company in Thailand, has made a strategic investment in the waste-to-energy (WTE) sector. According to the report, the company recently acquired additional shares in Thai Paiboon, a local refuse-derived fuel (RDF) producer and distributor, with an aim to hold a 33.3% stake.  Thai Paiboon […]

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Sulapac, Verescence and Albéa Cosmetics & Fragrance cooperate on refillable glass jar with biobased lid

Sulapac, Verescence and Albéa Cosmetics & Fragrance cooperate on refillable glass jar with biobased lid

February 10, 2024 |

In Finland, Finnish material innovation company Sulapac said it partnered with French packaging experts Albéa and Verescence to offer beauty brands around the world a sustainable luxury packaging. The first launch of the collaboration is TWIRL, a 50 ml refillable glass jar with a lid made of biobased and recyclable Sulapac material, that has a […]

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Global biofuel market to surpass $298.9 billion by 2032, research finds

Global biofuel market to surpass $298.9 billion by 2032, research finds

February 10, 2024 |

In Delaware, a report by Global Market Insights stated that the biofuel market is expected to reach $298.9 billion by 2032. “The rising environmental consciousness, the introduction of innovative fuels, and stringent emission regulations will accelerate the business growth. Increasing awareness of the environmental impact of traditional fuels will propel demand for sustainable alternatives,” the […]

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Sherbacow pleads guilty to wire fraud, awaits sentencing

Sherbacow pleads guilty to wire fraud, awaits sentencing

February 8, 2024 |

In Washington, Acting Assistant Attorney General Nicole M. Argentieri of the Justice Department’s Criminal Division and Assistant Director in Charge David Sundberg of the FBI Washington Field Office announced that Bryan Sherbacow, founder and former CEO of a sustainable fuel company, Alder Energy LLC dba Alder Fuels, pleaded guilty today one count of wire fraud […]

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Yield10 Bioscience to prioritize commercialization of Omega-3 Camelina program

Yield10 Bioscience to prioritize commercialization of Omega-3 Camelina program

February 8, 2024 |

In Massachusetts, Yield10 Bioscience has taken the strategic decision to prioritize in 2024 the execution of activities intended to accelerate and advance the Omega-3 Camelina program toward commercialization. Yield10 also reported that it has completed contra season production in Chile of Omega-3 EPA8 Camelina, which produces the eicosapentaenoic acid (“EPA”) component of the omega-3 oil […]

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Ethanol production rises back above 1M gallons per day

Ethanol production rises back above 1M gallons per day

February 8, 2024 |

In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production rose above 1 million barrels per day last week to 1.033 million barrels a day, pushing stocks up by more than half a million gallons to 24.779 million gallons. With most ethanol producers back above the breakeven point and oil refiners buying […]

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Peel Ports Logistics becomes Drax’s new shipping agency for biomass imports

Peel Ports Logistics becomes Drax’s new shipping agency for biomass imports

February 8, 2024 |

In the UK, Peel Ports Logistics has signed a deal to become renewable energy specialist Drax’s new shipping agency service provider for vessels importing biomass into Liverpool. The leading shipping and freight forwarder will support the arrival of all Drax’s ships from locations such as North America into the Port of Liverpool’s £100m biomass terminal. […]

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RFA reports show ethanol exports passed $7.1B in 2023

RFA reports show ethanol exports passed $7.1B in 2023

February 8, 2024 |

In Washington, according to new statistical reports by the Renewable Fuels Association, the value of the U.S. ethanol industry’s exports soared to a record level of just over $7.1 billion in 2023.  Ethanol export volumes strengthened to 1.43 billion gallons in 2023, the third-highest level on record. Meanwhile, distillers grains shipments registered at 10.8 million […]

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Oman’s X2E wants to invest $1.6B in biodiesel and SAF supply chain over next two years

Oman’s X2E wants to invest $1.6B in biodiesel and SAF supply chain over next two years

February 8, 2024 |

In Oman, Zawya news agency reports that X2E wants to invest $1.6 billion over the next two years to build up camelina, canola and other cereal crop production irrigated with wastewater to build a supply chain for biodiesel and sustainable aviation fuel in the desert. Each piece of the supply chain will count on different […]

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