In Denmark, shipping company A.P. Moller – Maersk (Maersk) said that it has ordered a further six large ocean-going vessels that can operate on green methanol. The six vessels will be built by Hyundai Heavy Industries (HHI) and have a nominal capacity of approximately 17,000 containers. With this new order, Maersk has already ordered 19 […]
In Finland, energy company St1 said it is planning what would be the first synthetic methanol plant in the country, which will be located next to the Finnsementti factory at the Ihalainen industrial site in Lappeenranta. The firm said that the Finnish Ministry of Economic Affairs and Employment has granted a funding of $34.8 million […]
In Texas, biomaterials science innovator BUCHA BIO announced an oversubscribed $1.1 million Seed Round. BUCHA BIO makes biobased materials using bacterial nanocellulose and other plant-based components that replace unsustainable conventional leathers and plastics. The new funding will accelerate the company’s move to market by securing co-manufacturers to scale material production for market availability in 2023. […]
In Washington, the Renewable Fuels Association says August U.S. ethanol exports slumped 28% to 77.0 million gallons (mg), the lowest volume in over a year. However, a record 52.9 mg crossed the border into Canada, up 27% from July, with nearly 50 mg shipped as denatured fuel ethanol. This marks the seventeenth month that Canada has been […]
In Belgium, Transport & Energy says battery electric cars (BEVs) are the cleanest, cheapest and best option we have to decarbonise our cars, vans and most trucks, the largest source of carbon emissions in many countries. But it believes Europe is losing ground to global competition: electric cars sales continue surging in China and the […]
In Mexico, DRG News reports a new study from World Perspectives says US corn producers will lose $3.56 billion in the first year of Mexico’s proposed GMO ban with the ethanol industry suffering $521.5 million. Without Mexican demand for GMO corn, those corn prices are expected to fall significantly, leading to the estimated losses identified […]
In Singapore, Reuters reports Cargill means to rapidly shift in the marine decarbonization through biodiesel- and methanol-fueled ships. Following previous biofuel trials earlier in the year using 12,000 metric tons of biofuels, a next round of trials is expected in mid-2023 using 50,000 tons of biofuels. The use of methanol is likely to come from […]
In Japan, the Associated Press reports that in the face of rising energy prices due to the Russian invasion of Ukraine, Japan is looking to boost its use of alternative fuels and the US is right there to supply ethanol. Although the country has not denounced imports of Russian oil due to the fact it […]
In Oregon, the Olympian newspaper reports that Portland Bureau of Development Services has greenlighted Zenith Energy’s application to phase out fossil fuel transportation and transition towards renewable fuels. The company tried last year to secure permission to expand its oil business, but it didn’t make it through the city’s greenhouse gas emissions reduction goals. Zenith […]
In Germany, Covestro and SOL Kohlensäure GmbH & Co. KG have concluded a framework agreement for a supply partnership for biogenic carbon dioxide (CO2). With immediate effect, SOL, as one of the most important European suppliers of gases and gas services, will supply the liquefied gas to Covestro sites in North Rhine-Westphalia, where it will […]
