In Finland, Neste said it is working with Mitsui Chemicals and Prime Polymer, a subsidiary of Mitsui Chemicals, to provide more sustainable food packaging solutions for CO-OP, a brand of the Japanese Consumers Co-operative Union (JCCU). In the first phase of the collaboration, biobased raw materials will replace fossil ones in the production of the […]
In The Netherlands, Fashion United reported that UPM Biochemicals and Vaude will unveil what it claims to be the world’s first fleece jacket made with wood-based polyester next week at ISPO Munich 2023, the world’s largest sports trade show, The collaboration aims to showcase the feasibility of using biobased chemicals in textiles. The key innovation […]
In Nigeria, Reuters reported that Nigerian and German companies signed two agreements in Berlin that include a $500 million renewable energy pact and a gas export deal, further strengthening economic ties between the two countries. Union Bank of Nigeria and Germany’s DWS Group signed a memorandum of understanding (MoU) on renewable energy. The agreement seeks […]
In Delaware, Allied Market Research reported that the global methanol market is anticipated to generate $54.6 billion by 2030. The report stated that the industry was valued at $35.3 billion in 2021 and is expected to expand at a CAGR of 5.06% during the forecast period of 2022 to 2030. The report states that the […]
In Brazil, Petrobras signed a Memorandum of Understanding (MoU) with Danish company European Energy, to investigate the business opportunities for developing an e-methanol plant in Brazil. Petrobras said that e-methanol is a low-carbon substance that can be used in various industrial processes and as a fuel, especially for maritime transport. It is produced from various […]
In Singapore, Reuters reported that GS Caltex Singapore said it has sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading (MOT) at the world’s largest bunker hub Singapore as the company seeks to expand into lower carbon fuels. The sale is part of GS Caltex’s plans by to expand its biofuels supply […]
In Washington, Reuters reports U.S. Court of Appeals for the Fifth Circuit has ruled against the Environmental Protection Agency’s decision in July to reject nearly all of the pending small refinery exceptions for biofuel blending under the Renewable Fuels Act, saying the EPA’s decision was “impermissibly retroactive; contrary to law; and counter to the record […]
In Sweden, Metacon AB entered into a Memorandum of Understanding aimed at a strategic partnership with the Chinese company PERIC Hydrogen Technologies Co., Ltd, a world-leading manufacturer of, among other things, large-scale electrolytic hydrogen generators (electrolysers). The MoU means that Metacon and PERIC have established the principles for a manufacturing and sales agreement that gives […]
In Germany, Gerdes Green received a subsidy from the German Government for the investment in sustainable innovations for a Damen Combi Freighter (CF) 3850 currently under construction, as well as for a second vessel. Damen, together with Gerdes Green and vessel charterer Cargill, has developed a tailored vessel, the CF 3850 Hybrid, with the aim […]
In France, Neste is partnering with two new distributors in France to make Neste MY Renewable Diesel available for the first time in the market and to contribute to the reduction of greenhouse gas emission in the transport sector. Neste MY Renewable Diesel will be available in France from the beginning of January, 2024. Many […]
