In Texas, Anew Climate announced a marketing agreement with Summit Carbon Solutions. Under the terms of the agreement, Anew will market carbon dioxide removal credits (CDRs) generated from Summit Carbon’s novel Biomass with Carbon Removal and Storage (BiCRS) project, which is expected to capture and sequester more than 160 million tonnes of biogenic carbon dioxide […]
In Curaçao, the Curaçao Chronicle newspaper reports that Energis is the first company in the Caribbean to produce biofuels from waste with its latest investment in a $11 million facility. It can convert organic waste into biofuels as well as plastics and waste oils into fuel oils. The facility will be commissioned in June but […]
In Germany, Playmobil and McDonald’s are taking a joint step in the use of sustainable play material. From May, Playmobil animal figures made from at least 95 percent sugar cane-based plastic will be included in the Happy Meal® for the first time. The restaurant chain had been looking for bio-based material for over two years […]
In Texas, HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 million to fund its eFuels projects. Idemitsu joins a premier group of existing HIF investors, including AME, EIG, Porsche, Baker Hughes, and Gemstone Investments The investment by Idemitsu completes the first step in the four-part […]
In India, the Economic Times newspaper reports Nayara Energy plans to invest $71.85 million in two new ethanol plants, based in Andrha Pradesh and Madhya Pradesh respectively. The facilities, expected to come online in 2026 with each be able to produce 200,000 liters of ethanol daily from corn and broken rice. Three more ethanol plants […]
In Argentina, Reuters reports the country has lowered the price for biodiesel slightly from May onwards to about $1.062 per metric ton while it raised prices for sugarcane-based ethanol nearly 10% to about 70 cents per liter. Although the increase was lower, the price for corn-based ethanol was increased to about 65 cents per liter. […]
In Colorado, on its path to opening a facility designed to turn agriculture residue into a scalable biofuel business, SAFFiRE Renewables, LLC plans to break ground on its pilot plant near Liberal, Kansas, in late 2024. In 2023, the company negotiated a license agreement for the National Renewable Energy Laboratory’s (NREL’s) deacetylation and mechanical refining […]
In Norway, Infinium has reached an agreement with SMA Mineral (SMA) that will advance the development of Infinium’s eFuels project at the Mo Industripark in Mo i Rana, Norway. The Infinium facility will utilize the carbon dioxide (CO2) that SMA will produce at its Zero Emission Quick Lime (ZEQL) manufacturing facility in the industrial park […]
In New Hampshire, Terragia Biofuel, a technology startup aiming to drive the next generation of biofuels, recently announced it has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP). The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other […]
In Finland, VTT Technical Research Centre of Finland and ISKU, a leading Finnish furniture manufacturer, have joined forces to create a new kind of chair that showcases the potential of biocomposite materials. The chair is made from a cellulose-plastic compound that uses natural annual fibres, polypropylene and wood pulp from Finnish forests as raw materials. […]
