Category: Fuels

Global waste-to-energy market to reach 44.6 billion by 2029, report finds

Global waste-to-energy market to reach 44.6 billion by 2029, report finds

September 24, 2023 |

In India, Fortune Business Insights reported that global waste to energy market size is forecasted to grow from $33.28 billion in 2022 to $44.62 billion by 2029. According to the report, the market is expected to expand at a CAGR of 4.3% during the period. :The waste to energy market is driven factors such as, […]

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Citaglobal, SUS inks MoU for potential waste-to-energy plants in Malaysia

Citaglobal, SUS inks MoU for potential waste-to-energy plants in Malaysia

September 24, 2023 |

In Malaysia, The Edge reported that Citaglobal has entered into a memorandum of understanding (MOU) with Chinese company Shanghai SUS Environment Co Ltd (SUS) for joint collaboration and development of waste-to-energy (WTE) projects in Malaysia. Citaglobal said that the main aim of the agreement was to formalize the intention of both parties to explore potential […]

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Brazil’s Atvos plans record investment to boost ethanol production

Brazil’s Atvos plans record investment to boost ethanol production

September 24, 2023 |

In Brazil, Bloomberg reported that Brazilian ethanol producer Atvos is investing to increase ethanol production in Brazil. The company plans to invest $320 million this year and $300 million a year each in 2024 and 2025, according to the report. The goal of the investment program is to increase processing closer to 32 million metric […]

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Uni-Tankers, KPI OceanConnect complete biofuel trial

Uni-Tankers, KPI OceanConnect complete biofuel trial

September 24, 2023 |

In The Netherlands, Offshore Energy reported that Denmark’s tanker shipping company Uni-Tankers and marine energy solutions provider KPI OceanConnect have completed the trial of the B30 biofuel blend onboard Uni-Tankers chemical tanker. Uni-Tankers noted that the trial took place in Amsterdam on board Uni-Tankers’ 5,700 DWT chemical tanker M/T Alsia Swan. KPI OceanConnect arranged for […]

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F1’s use of DHL biofuel-powered trucks reduces carbon emissions by an average of 83%

F1’s use of DHL biofuel-powered trucks reduces carbon emissions by an average of 83%

September 24, 2023 |

In the UK, Formula 1 has announced that DHL’s new fleet of trucks running on biofuel reduced carbon emissions by an average of 83% compared to fuel-driven trucks during the European leg of the 2023 F1 season. Across the nine European rounds, 18 trucks were powered by HVO100 drop-in fuel (hydrotreated vegetable oil) and travelled […]

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MOL Drybulk Ltd. and Kambara Kisen Co agree time charter for new methanol dual fuel bulk carrier

MOL Drybulk Ltd. and Kambara Kisen Co agree time charter for new methanol dual fuel bulk carrier

September 21, 2023 |

In Japan, Mitsui O.S.K. Lines, Ltd. announced that on September 11, 2023, its group company MOL Drybulk Ltd. and Kambara Kisen Co., Ltd. signed a basic agreement on time charter for a new building methanol dual fuel bulk carrier to be ordered and owned by Kambara Kisen. The vessel is slated to be delivered in […]

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USDA confirms mistake regarding allegations that Neste’s UCO could be fraudlent

USDA confirms mistake regarding allegations that Neste’s UCO could be fraudlent

September 21, 2023 |

In Finland, according to a news article published by Quantum Commodity, USDA representatives have confirmed publicly that a statement in the USDA’s Biofuels Annual Report alleging that Neste may have received fraudulent used cooking oil (UCO) volumes from China at its renewable products refinery in Singapore was a mistake. The report containing the error has been […]

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Carbon Streaming Corp. to provide Microsoft with carbon credits from Waverly Biochar project

Carbon Streaming Corp. to provide Microsoft with carbon credits from Waverly Biochar project

September 21, 2023 |

In Canada, Carbon Streaming Corporation will provide Microsoft with carbon removal credits from the Waverly Biochar project in Waverly, Virginia. The Waverly Biochar project is expected to deliver up to 10,000 metric tons of carbon dioxide removal credits per year towards Microsoft’s carbon negative target. Producing biochar and burying it in soils is a way […]

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Bion Environmental Technologies’ ammonia recovery system achieves steady state

Bion Environmental Technologies’ ammonia recovery system achieves steady state

September 21, 2023 |

In Indiana, Bion Environmental Technologies announced the Ammonia Recovery System at its Fair Oaks commercial scale demonstration facility has achieved and maintained controlled steady-state operations under a variety of conditions. When at steady state, the system produces an ammonium distillate (solution), the base of Bion’s nitrogen fertilizer products. Bion has begun optimizing the system’s operating […]

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MycoWorks begins production at South Carolina facility

MycoWorks begins production at South Carolina facility

September 21, 2023 |

In South Carolina, MycoWorks has begun production at its world-class manufacturing facility in Union, S.C. Now capable of scaling-up to meet luxury industry demand, the company is set to grow millions of square feet of its leather-alternative material produced with the company’s proprietary technology, Fine Mycelium™. This patented technology produces Reishi™, a biomaterial with unparalleled […]

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