In Texas, Bell Textron Inc. says the Bell 505 completed its first flight fueled solely by 100% Sustainable Aviation Fuel (SAF), marking the first-ever single engine helicopter to fly with 100% SAF. Bell collaborated with Safran Helicopter Engines, Neste, GKN Aerospace and Virent Inc. to make this Bell 505 flight possible. To achieve this flight, […]
In Indiana, Calumet Specialty Products Partners, L.P. announced that its unrestricted subsidiary Montana Renewables, LLC has appointed Citigroup Global Markets Inc. to serve as lead underwriter in the proposed offering of $250 million of tax-exempt bonds to be issued by Cascade County, Montana. Montana Renewables is engaged in the production of SAF, Renewable Hydrogen, Renewable Diesel and Renewable Naphtha from qualifying […]
In India, CNBC TV18 reports Triveni Engineering plans to divert 12% of its sugar production to ethanol this season, in line with industry expectations that, overall, plans to divert a record 4.5 million metric tons of sugar to ethanol. The company is also expanding its ethanol production capacity, like many other sugarcane millers, to 1.1 […]
In Nebraska, KAAPA Ethanol Holdings and Aurora Cooperative Elevator Company announced the parties have closed on a joint venture, forming a new company KAAPA Partners Aurora, LLC. The new company now owns and operates the ethanol and grain facilities located west of Aurora, Nebraska. KAAPA is now the majority owner and operator of the facilities, […]
In the UK, Essar Group announced the formation of Essar Energy Transition to drive the creation of the UK’s leading energy transition hub in Northwest England. EET plans to invest a total of $3.6 billion in developing a range of low carbon energy transition projects over the next five years, of which $2.4 billion will […]
In California, with $6 million raised in its latest round of pre-series A funding, Loliware has raised a total of $15.4 million – making it the market’s best-funded seaweed materials tech company. Company officials said they will use the funds to focus on continued growth in the seaweed materials market, launch several new products and […]
In Belgium, INEOS Olefins Belgium announced it has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe. This is the largest investment in the European chemical sector for a generation. The plant will have the lowest carbon footprint in Europe, three times lower than the average European […]
In Singapore, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) conducted the trial use of B24 marine biofuel comprising 24% fatty acid methyl ester (FAME) blended with very low sulfur fuel oil (VLSFO), which was supplied by integrated energy company bp to the Capesize bulker “CAPE TSUBAKI” with the cooperation of the charterer, JFE Steel Corporation. This […]
In Italy, Eni Sustainable Mobility and Saipem have signed a Memorandum of Understanding (MoU) with the aim of employing biofuels on Saipem’s drilling and construction naval vessels, with particular attention to operations in the Mediterranean Sea. Saipem has a global fleet consisting of 45 vessels for construction and drilling. The MoU represents an important milestone […]
In Finland, development of the next-generation Baltic assistance icebreaker has progressed to the next phase. The Aker ARC 130 S design has been finalized in close co-operation with the Swedish Maritime Administration (SMA) and optimized for Sweden’s icebreaking needs. The decision to construct at least two new icebreakers for Sweden was made in December 2022. […]
