Category: Fuels

Blue Biofuels signs MOU with World Energy to buy ethanol and SAF

Blue Biofuels signs MOU with World Energy to buy ethanol and SAF

May 31, 2023 |

In Florida, Blue Biofuels has signed a Memorandum of Understanding with World Energy Sustainable Products, LLC (World Energy) that World Energy will purchase the finished products produced by Blue Biofuels and all their applicable environmental and tax attributes, including ethanol and sustainable aviation fuel. Blue Biofuels will register the various finished products with the relevant […]

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Canada to invest up to $63.3M in Braya Renewable Fuels

Canada to invest up to $63.3M in Braya Renewable Fuels

May 31, 2023 |

In Canada, the Government of Canada is helping businesses and workers across the country seize the economic opportunities associated with the global drive for clean growth. The Honourable Jonathan Wilkinson, Minister of Natural Resources, and the Honourable Seamus O’Regan, Minister of Labour, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, […]

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CleanJoule announces $50M investment round

CleanJoule announces $50M investment round

May 31, 2023 |

In Utah, CleanJoule announced a $50 million investment round led by the principals of Indigo Partners, a U.S.-based private equity firm. The round also included participation by GenZero, a decarbonization-focused investment platform company of Temasek based in Singapore, Cleanhill Partners, a U.S.-based private equity firm focused on decarbonization and three airlines – U.S.-based Frontier Airlines, […]

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Vertex Energy successfully completes startup of Mobile renewable diesel conversion

Vertex Energy successfully completes startup of Mobile renewable diesel conversion

May 31, 2023 |

In Texas, Vertex Energy announced the successful completion of the startup procedures for its renewable diesel conversion project at its Mobile, Alabama, refining facility. Additionally, the Company announced that it has entered into a new working capital facility with existing liquidity provider, Macquarie Group’s Commodities and Global Markets business, to supply the necessary liquidity for […]

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NetZero inaugurates its first biochar factory in Brazil

NetZero inaugurates its first biochar factory in Brazil

May 31, 2023 |

In Brazil, NetZero inaugurated its first biochar factory in Brazil. Located in the State of Minas Gerais, this plant was built in just 6 months and is the first of its kind in Latin America. Its annual production capacity of over 4,500 metric tons of biochar will allow to remove the equivalent of more than […]

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Lumene first to launch biobased packaging with jar and label coming from UPM

Lumene first to launch biobased packaging with jar and label coming from UPM

May 30, 2023 |

In Finland, Finnish beauty brand LUMENE is the first to launch a biobased packaging application with both the jar and label made with UPM’s innovative wood-based material, further processed by SABIC. LUMENE’s new jar and the self-adhesive label originate from renewable UPM BioVerno™ naphtha, produced by UPM in Finland. The naphtha is processed into certified […]

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Drax to establish North American BECCS headquarters in Houston

Drax to establish North American BECCS headquarters in Houston

May 30, 2023 |

In Texas, Drax will establish its North American headquarters for Bioenergy with Carbon Capture and Storage (BECCS) in Houston, Texas. The new office will serve as the hub for Drax’s team focused on bringing BECCS projects to fruition throughout the United States and Canada. Two initial sites in the U.S. south for deploying BECCS have […]

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Government of Ontario launches $14.4M Forest Biomass Program

Government of Ontario launches $14.4M Forest Biomass Program

May 30, 2023 |

In Canada, the Government of Ontario is strengthening the economy and promoting innovation in the forest sector with the creation of a new, C$19.6 million Forest Biomass Program. This application-based program will help develop untapped economic potential and environmental benefits offered by new and emerging uses of underutilized wood and mill by-products, known as forest […]

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Sojitz invests in NEXT’s Oregon facility to supply Japanese market

Sojitz invests in NEXT’s Oregon facility to supply Japanese market

May 30, 2023 |

In Texas, Sojitz and NEXT have entered into a strategic relationship whereby Sojitz has made a strategic investment in NEXT. Following this investment, Sojitz and NEXT plan to work together to advance NEXT’s proposed 750 million gallon per year renewable diesel and Sustainable Aviation Fuel facility at Port Westward, OR. These activities are anticipated to […]

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Dow and New Energy Blue agree long-term bio-based ethylene agreement

Dow and New Energy Blue agree long-term bio-based ethylene agreement

May 30, 2023 |

In Michigan, Dow and New Energy Blue announced a long-term supply agreement in North America in which New Energy Blue will create bio-based ethylene from renewable agricultural residues. Dow expects to purchase this bio-based ethylene, reducing carbon emissions from plastic production, and using it in recyclable applications across transportation, footwear, and packaging. Dow’s agreement with New […]

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