In Japan, Marubeni Corporation and Japan Petroleum Exploration Co., Ltd. have entered into a joint study agreement with PT Pertamina, an Indonesian state-owned enterprise engaged in integrated energy, and its subsidiary PT Pertamina Hulu Energi to conduct a feasibility assessment on BECCS at a pulp mill and nearby oil field area in South Sumatra Province, […]
In India, Refex Sustainable Solutions Private Limited (RSSPL) on August 20, 2024 entered into and executed an investment agreement for acquisition of controlling stake up to 51.02% of the total voting powers, from the existing promoters and investment by way of fresh equity infusion in Vyzag Bio-Energy Fuel Private Limited thereby making this entity a […]
In Brazil, the National Bank for Economic and Social Development (BNDES) and the Financier of Studies and Projects (Finep) launched in Brasília (DF), a joint public call aimed at selecting business plans for development and implementation of biorefineries, which aim to produce sustainable fuels, including sustainable aviation fuel (SAF) and navigation fuels. R$6 billion in […]
In China, Reuters reports BP has invested $49.5 million in Zhejiang Jiaao Enprotech’s SAF unit in exchange for a 15% shareholding. The company currently has a 500,000 ton per year SAF plant under construction in the eastern coastal city of Lianyungang. The investment represents the first SAF investment in China by an oil major. Zhejiang […]
In India, India’s aim to blend 20% ethanol in petrol by ESY1 2025 — or ~990 crore liter annually — will require effective utilization of both grain and sugarcane feedstock to increase its supply. Annual ethanol production from grains is expected to see a significant increase to ~600 crore liter by the next season (this […]
In Iowa, the Charles City Press newspaper reports Summit Carbon Solutions has bought out many land easement agreements from Navigator CO2 following that company’s decision to no longer pursue a CO2 pipeline project. Doing so helps to save time and money, although it requires rerouting its plans in the state. Summit received approval for the […]
In Indonesia, the Nikkei newspaper reports Toyota Tsusho has teamed with Pertamena to develop and supply biofuels and green hydrogen to the Patimban Port and industrial park projects in West Java. These projects are currently under development with yen-denominated financing. The deal was announced last week at the Asia Zero Emission Community ministerial meetings in […]
In Washington, in recent comments to the Surface Transportation Board, the Renewable Fuels Association stressed the importance of consistent, safe, and timely rail transportation to the ethanol industry and its customers. The comments were submitted in response to a request from STB for input on recent trends and strategies for growth in the freight rail […]
In Brazil, Raízen and Vertoro, a Dutch biotechnology accelerator, recently announced the signing of a Joint Development Agreement (JDA) to enhance the value of lignin by transforming it into advanced, sustainable biofuels, chemicals, and materials. As a second-generation feedstock, Lignin boasts a very low carbon footprint, making it an ideal solution for decarbonizing hard-to-abate sectors. […]
In India, Projects Today reported that Aether Industries has entered into a manufacturing agreement with Chemoxy International, a wholly-owned subsidiary of the Seqens Group. Under this contract, Aether will produce a series of natural bio-based products exclusively for Seqens over an initial period of three years. The production is expected to commence over the next […]
