In France, ECARU (Egyptian Company for Solid Waste Recycling), Qalaa Holdings, and Axens, on July 17, 2023, signed a cooperation protocol in the presence of H.E. French ambassador to Egypt Marc Barety, to carry out technical and economic studies for a project of second-generation biofuel (advanced bioethanol) and Sustainable Aviation Fuel (SAF) production. The project […]
In Virginia, Carbon Sink, a green methanol manufacturer and shipping company Rose Cay Maritime (RCM) announced a Memorandum of Understanding designed to facilitate the maritime sector’s shift towards low-carbon fuels. The agreement outlines a plan for increasing green fuel production, transportation, bunkering and storage specifically tailored for the shipping sector. Carbon Sink noted that this […]
In the UK, Biofuels International reported that EWABA has welcomed German-based trader Gelsenkraft as one of its newest members. The company trades energetic biobased raw materials such as oils and fats as well as biofuel certified according to the Renewable Energy Directive of the European Union (ISCC/REDcert). Gelsenkraft develops complex solutions for its clients including […]
In Minnesota, EarthDaily Agro, a division of geospatial analytics company EarthDaily Analytics, has been selected by renewable fuel developer Global Clean Energy Holdings and its subsidiary Sustainable Oils to support their work to increase the adoption of camelina in the renewable fuels marketplace through their Climate-Smart Camelina Project. The multi-year contract is made possible by […]
In Texas, HYCO1 announced that it has entered into a 20-year carbon dioxide supply agreement with Kansas Ethanol, located in Lyons, Kansas for the planned construction of a biogenic carbon dioxide utilization facility, Green Carbon Synthetics Kansas, LLC. HYCO1 said it has created a CO2 conversion catalyst and related low-cost CO2 process technology. HYCO1 CUBE […]
In Hong Kong, Banle Energy International Limited, a subsidiary of CBL International Limited, partnering with ASB Biodiesel Limited and Seven Seas Oil Limited completed its first B24 biofuel bunkering operation in Hong Kong. Teck Lim Chia, Banle Energy’s Chief Executive Officer and Chairman, said: “B24 biofuel bunkering operation in Hong Kong is a significant step […]
In California, Grand View Research reported that the global biofuels market size is expected to reach $207.87 billion by 2030. The global biofuels market is expected to expand at a CAGR of 11.1% from 2023 to 2030, according to the report. “The North America region accounted for 33.25% revenue share in 2022. The region has […]
In New York, Sourcing Journal reported that French bio-tech company Pili is using part of the $15.8 million in Series A funding it received earlier this year to build out an operations team. The company recently announced that it has hired Alain Pinchart, ex-CEO of Noveal, a development and manufacturing subsidiary of L’Oreal group, as […]
In Washington, Hydrocarbon Engineering reports Energy Information Administration data shows rising feedstock prices for biofuel have helped to stop the freefall of RIN prices that started to take place following the publication of Environmental Protection Agency’s lower-than-hoped-for RFS blending mandates last month. On Tuesday, biomass-based diesel D6 RINs closed at $1.54/gal and ethanol D4 RINs […]
In Russia, Interfax reports Lukoil is working on developing sustainable aviation fuel from algae feedstock together with a partner at the oil major’s Bulgarian refinery. It is also in the experimental stage on a pyrolysis oil project while in Finland it has begun retailing its Teboil Green+ from waste feedstock last year in three cities […]
