In Canada, CSL Group announced a significant milestone in its Great Lakes biofuel program – one of the longest-running initiatives of its kind in the maritime industry. With a cumulative 75,000 running hours on B100 biofuel over the past four years, CSL ships have made significant strides in supporting decarbonization efforts by replacing 55,000 metric […]
In the UAE, Keppel Corporation, through its Infrastructure Division, and AM Green, which is wholly owned and controlled by the founders of Hyderabad-based Greenko Group, have signed a Memorandum of Understanding (MOU) to jointly explore opportunities to produce biogenic carbon-based sustainable fuels, such as bio and green methanol, second-generation (2G) ethanol and sustainable aviation fuel […]
In Denmark, A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On February 9, 2024, it will enter service on the AE7 string connecting Asia and Europe, which includes port calls in Shanghai, Tanjung Pelepas, Colombo and Hamburg (see all port calls in the […]
In New York, Sourcing Journal reported that Octarine Bio raised $4.6 million in an oversubscribed funding round that help the Danish synthetic biology firm scale its flagship products. The round was led by Óskare Capital, Unconventional Ventures, and The Footprint Firm, with participation from dsm-firmenich Venturing. The Copenhagen-based company’s microbially fermented colors offer sustainable alternatives […]
In Israel, UBQ Materials announced that Keter, a resin-based consumer goods company, is expanding its use of biobased, sustainable plastic substitute UBQ across multiple new product lines. The expansion will enable Keter to include Scope 3 emission reduction as part of its sustainability strategy and continue making progress towards its ESG goals. In addition to […]
In New York, Straits Research reported that the global waste-to-energy market is expected to reach an estimated value of $68.78 billion by 2031, up from 37.1 billion in 2022. The market is expected to expand at a CAGR of 7.10% during the forecast period (2023-2031). “Europe is the largest shareholder in the global waste-to-energy market […]
In Egypt, Daily News Egypt reported that Egypt’s Minister of Environment, Yasmine Fouad, held a meeting in a bid to revamp investments in waste-to-energy (WtE). Fouad met with representatives from the Ministries of Petroleum and Mineral Resources, and Electricity and Renewable Energy. Fouad said that the discussions reviewed all the initial indicators for amending some […]
In Egypt, Reuters reported that Egypt’s Suez Canal economic zone and Scatec ASA have signed a Memorandum of Understanding (MoU) worth $1.1 billion to supply ships with green fuel. The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100,000 tons of green methanol per year by 2027, according […]
In the United Arab Emirates (UAE) Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens contributed to the first test flight to demonstrate the potential for converting Methanol to SAF. The test has taken place in Dubai on the sidelines of COP28. The flight, which used a blend […]
In Switzerland, Clariant announced its decision to shut down its sunliquid bioethanol production in Podari, Romania, and to downsize related activities of the business line Biofuels & Derivatives in Germany. After developing the sunliquid technology, Clariant had taken the decision in 2017 to establish its own commercial sunliquid plant in Podari, which began producing bioethanol […]
