In Indonesia, Reuters reports that when the country boosts its biodiesel blending mandate to 40% from the current 35%, available palm oil supplies will tighten. With blending expected to rise to 16 billion liters next year when the mandate increases, up to 1.7 million metric tons of palm oil annually will be diverted towards biodiesel […]
In Sweden, Lantmännen has identified biogas as a growth area and is now establishing Lantmännen Biogas AB. Lantmännen has organic residual streams from its own operations, the values of which can be maximized by being used as a raw material for biogas production. With a strong focus on resource efficiency and sustainability, Lantmännen currently processes […]
In Brazil, Inpasa signed an agreement that deals with the investment of R$3.4 billion for the expansion of the Sidrolândia (MS) plant and for the completion of the Balsas (MA) plant, which will begin operating in March 2025, in addition to the construction of the biorefinery in Luís Eduardo Magalhães (BA), with operations scheduled for […]
In Portugal, initially set at 350 million euros, Greenvolt Group has successfully upsized its syndicated financing to a total of 400 million euros, following strong interest from the financial community. This increase was supported by two additional banks, including a new corporate lending partner, bringing the total number of international lenders in the facility to […]
In Ireland, CycleØ Group announced its intention to make a significant investment in new innovative biomethane plants in Ireland. The group, which boasts a portfolio of hundreds of successful biogas/biomethane installations in more than 40 countries globally, stated its intention to initially build 4 new agri-based plants across Ireland. This requires an investment totaling more […]
In Estonia, biotechnology startup ÄIO has raised €6.1 million through venture capital funds Voima Ventures, 2C Ventures, SmartCap and Nordic Foodtech VC. The funds will be used to build a demo plant in Estonia to produce environmentally friendly oils and fats from wood and agricultural residues, offering an alternative to the widely used oils in […]
In North Carolina, Honeywell and SGP BioEnergy are working together to develop new, scalable technology to convert industrial hemp and other plant-based material into biochemicals that can be used to produce plastics and other everyday items, offering an alternative to chemicals produced from fossil fuels. As part of this collaboration, Honeywell will develop the new […]
In Brazil, Grupo Potencial announced an investment of R$3 billion in biofuel projects, reinforcing its commitment to innovation and sustainability in the energy sector. The announcement was made Tuesday during the signing ceremony of the Fuel of the Future Law, in Brasília, by President Luiz Inácio Lula da Silva. This new legislation aims to boost […]
In Washington, August U.S. ethanol exports rebounded 4% to 141.2 million gallons (mg), with the bulk of shipments headed to a dozen countries. Canada remained the top destination for the 41st consecutive month, accounting for 40% of total exports, despite reducing its imports of U.S. ethanol by 8% to 57.0 mg, nearly all of which was denatured fuel. […]
In Argentina, Palm Oil Magazine reports that low river levels in Argentina have impeded soybean transportation which in turn has pushed up prices for soybean oil and biodiesel in Brazil. As a result of low levels on the Paraná River, boats have been forced to cut their cargoes by up to 12%. Between short supplies […]
