In Sweden, Furetank has signed an agreement to sell Fure Valö and Fure Ven to Neste. The vessels will be delivered in October and December 2023, when the first of the seven new-buildings already ordered by Furetank and partners are scheduled to be delivered from the shipyard in Yangzhou. Since Furetank has a long-term contract […]
In New Jersey, startup RenewCO2 announced its spin-out from Rutgers University, securing an exclusive licensing to scale its novel catalyst technology to convert carbon from hard-to-abate sectors and transform it into a feedstock for carbon-negative, plastic monomers at a fraction of the cost of plastics derived from fossil sources. Founded by two immigrants out of […]
In the Netherlands, ChainCraft, a Dutch scale-up active in circular chemical production is proud to announce it closed a EUR11 million funding round and secured the upcoming equity funding for its full scale flagship plant. ChainCraft produces circular chemicals from food waste through innovative fermentation technology, replacing fossil and palm oil based chemicals. For this […]
In Argentina, the Clarin newspaper reports that everything indicates that the local biofuel market is preparing to close a good year. On the one hand, the production of ethanol from corn, focused on the local market, maintained a historically high production rate during the first seven months of 2022 and its input/output ratio remains above […]
In Missouri, Bunge and Olleco, the renewables division for ABP Food Group, announced an agreement to form a 50/50 joint venture to create a business that encompasses the full life-cycle of edible oils. The joint venture is expected to work with foodservice and food manufacturing customers in Europe – excluding UK and Ireland – to […]
In the UK, bp has submitted a bid for its proposed large-scale green hydrogen plant, HyGreen Teesside, to the UK Government’s Hydrogen Business Model (HBM) and Net Zero Hydrogen Fund (NZHF). Both the HMB and NZHF seek to set up the UK’s low-carbon hydrogen economy and support commercial development. The company also established four new […]
In Washington state, U.S. Environmental Protection Agency has awarded Food Lifeline of Seattle approximately $200,000 to assist in the development of a community-owned anaerobic digester in the South Park neighborhood of Seattle. Anaerobic digestion is a process in which microorganisms break down organic materials, such as food scraps, manure, and sewage sludge, in the absence […]
In the UK, in September 2022, the Mintec Category Index for EU vegetable oils declined for the fourth consecutive month, down by 3.7% month-on-month (m-o-m), to EUR 1,161/MT. The decline was primarily attributable to expectations of improvements in the global vegetable oil supply for the 2022 marketing year (MY). The index remained up by 12.4% […]
In Texas, Prairie Energy Partners, a wholly owned company of Southern Rock Energy Partners, is working to finalize the location of its proposed $5.56 billion and 423-job, next-generation, full conversion crude refinery—with the final two competing sites in Victoria County, Texas, and Payne and Lincoln County, Oklahoma. The refinery complex will reduce and eliminate 95 […]
In Scotland, Aberdeen International Airport said it has received the first commercial delivery of sustainable aviation fuel. The SAF was delivered by Air bp and will be blended with traditional jet fuel for Bristow flights to bp’s North Sea offshore operations in the UK Continental Shelf (UKCS). Mark Beveridge, Operations Director at Aberdeen International Airport, […]
