In Canada, Emergen Research reported that the global methanol market is projected to reach a market value of $44.82 billion by 2032, growing at a CAGR of 3.4% during the 2023-2032 period. “One of the primary drivers is the expanding demand for methanol as a key feedstock in the production of a wide range of […]
In Canada, NORDEN and Teck Resources Limited announced an agreement to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by NORDEN by 25%, or up to 6,700 metric tons of CO², equivalent to removing over 1,400 passenger vehicles from the road. NORDEN […]
In Thailand, Braskem and SCG Chemicals have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I’mGreen bio-based polyethylene (PE), using the EtE EverGreen […]
In Canada, Anaergia has entered into inter-related agreements with entities managed by Arjun Infrastructure Partners to immediately terminate its obligations relating to approximately C$145 million in loan obligations owing to Arjun, including with respect to a lender option to require purchase by the company of associated loans for the six Build-Own-Operate assets in Italy under […]
In Washington, Growth Energy filed a motion to intervene in the U.S. Court of Appeals for the District of Columbia Circuit in Center for Biological Diversity (CBD) v. EPA et al. (Case No. 23-1277). CBD is challenging EPA’s most recent “Set” rule for the 2023-2025 renewable volume obligations (RVOs) under the Renewable Fuel Standard (RFS). […]
In Ohio, Babcock & Wilcox (B&W) has reached an agreement on a term sheet for General Hydrogen Corp., a CGI Gases subsidiary, to purchase net-negative carbon intensity hydrogen from a biomass-fueled facility utilizing BrightLoopTM technology being developed by B&W in Louisiana. As the exclusive partner within defined segments for the distribution of hydrogen produced at […]
In Ireland, Minister for Agriculture, Food, and the Marine Charlie McConalogue T.D., along with his colleagues Ministers of State Martin Heydon T.D. and Senator Pippa Hackett recently announced the opening of a new innovation support measure for the bioeconomy. The ‘Bioeconomy Demonstration Initiative’ is part of the EU Just Transition Fund for Ireland and is […]
In Australia, MicroBioGen has announced the publication of its peer-review article, ‘Reducing Carbon Intensity of Food and Fuel Production Whilst Lowering Land-Use Impacts of Biofuels’ in Fermentation, an international, scientific, peer-review journal on fermentation process and technology by leading open-access publisher MDPI. Co-authored by MicroBioGen Principal Scientist and co-founder Dr Paul Attfield, Head of Research and […]
In California, Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, […]
In Brazil, Compass, a gas trader from the Cosan group, and Orizon Meio Ambiente, from Orizon Valorização de Residues, announced the formation of a joint venture for the construction of a biomethane plant at the landfill in Paulínia (SP). The unit will have an initial capacity to produce 180,000 m3/day, starting in 2025, but could […]
