Category: Fuels

EU renews approval for UK’s Red Tractor for biofuels certification

EU renews approval for UK’s Red Tractor for biofuels certification

January 31, 2024 |

In the UK, Brexit and subsequent (European Union) EU rule changes to its Renewable Energy Directive (RED) had threatened to remove all UK farm assured growers from the EU biofuels market at the end of 2023. Red Tractor initiated a UK-wide industry effort to avert this negative outcome. Following two years of detailed submissions with […]

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Vertex lands $9.5M in LCFS credits for Qs 3&4 2024

Vertex lands $9.5M in LCFS credits for Qs 3&4 2024

January 31, 2024 |

In Texas, Vertex said the company’s feedstock optimization strategy is progressing as expected. As previously communicated, the company expected to receive LCFS credits in the fourth quarter of 2023 for its renewable diesel production volumes produced in the third and fourth quarters of 2023. The initial LCFS credits reflect a temporary carbon intensity (“CI”) score […]

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Edgewood Renewables to establish biorefinery in Nevada

Edgewood Renewables to establish biorefinery in Nevada

January 31, 2024 |

In Nevada, Edgewood Renewables, LLC plans to establish a biorefinery, manufacturing and distribution facility in Clark County. Edgewood is in the process of constructing a biorefinery on the site that will produce more than 120 million gallons of Renewable Diesel and Sustainable Aviation Fuel (SAF) each year. It was approved for $11,720,431 in tax abatements. […]

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Evonik achieves industrial scale production of biosurfactants ahead of schedule

Evonik achieves industrial scale production of biosurfactants ahead of schedule

January 31, 2024 |

In Slovakia, Evonik has manufactured the first product from its industrial-scale facility for sustainable biosurfactants that has been completed ahead of schedule at its site in Slovakia. The new plant is the first worldwide to produce sustainable rhamnolipid biosurfactants. Evonik’s rhamnolipids are exceptionally high quality and provide the company with a unique market position due […]

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Enerkem retiring its Enerkem Alberta Biofuels plant

Enerkem retiring its Enerkem Alberta Biofuels plant

January 30, 2024 |

In Canada, Enerkem will be retiring its Enerkem Alberta Biofuels (EAB) plant in Edmonton. The EAB facility achieved its main objective of completing the commercial scale-up of Enerkem’s industry-leading technology. With more than 15,000 hours of operation producing ethanol and methanol (ISCC EU and ISCC PLUS certified), the plant facilitated the validation by strategic industry […]

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Activist investor trying to bully bp into investing in oil and gas instead of renewables

Activist investor trying to bully bp into investing in oil and gas instead of renewables

January 30, 2024 |

In the UK, Bloomberg reports that activist investor BlueBell is calling on bp to halt future investment in renewable energy and instead invest $1.5 billion annually on oil and gas through 2030 while cutting $28 billion in investment by then in bioenergy, hydrogen and renewables & power. The hedge fund, which also agitated for change […]

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South Korea’s S-OIL begins including bio-based feedstocks in its oil refining processes

South Korea’s S-OIL begins including bio-based feedstocks in its oil refining processes

January 30, 2024 |

In South Korea, S-OIL on Monday started to include bio-based feedstocks such as used cooking oil, byproducts of the palm oil, and waste plastic-based pyrolysis oil into the refining and chemical processes to produce low-carbon energy and eco-friendly chemical products.  As it will co-process crude oil, bio-based feedstocks, and waste plastic-based pyrolysis oil in the […]

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NYK breaks ground at site of future test engine facility for biofuels

NYK breaks ground at site of future test engine facility for biofuels

January 30, 2024 |

In Japan, NYK held a ceremony on Monday to break ground at a site in Chiba Prefecture where the company will install a test engine facility to evaluate the safety of biofuels and accelerate their practical application. The NYK Group will complete the installation of the test engine in June and analyze the biofuel in […]

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Nola Capital’s bioenergy and waste-to-energy survey shows trends for biofuel investment appetite

Nola Capital’s bioenergy and waste-to-energy survey shows trends for biofuel investment appetite

January 30, 2024 |

In Washington state, Nola Capital Corporation announced results of its bioenergy and waste-to-energy survey. The survey received confidential responses from more than 100 public and private businesses in 23 states that included bioenergy companies, waste-to-energy companies, lenders, investors and industry consultants. The amount of financing being requested for projects ranged from a low of $12 […]

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BioAdvance about to commission advanced biofuels facility in Portugal

BioAdvance about to commission advanced biofuels facility in Portugal

January 30, 2024 |

In Portugal, the Sapo newspaper reports BioAdvance’s EUR22 million investment in advanced biofuel production in Figueira da Foz is about to be commissioned, which will start with a production of 20,000 tons per year and within “two to three years” will increase capacity to 200,000 tons per year, projecting the Portuguese manufacturer as one of […]

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