Category: Fuels

Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical to start joint feasibility study on carbon neutrality of ethylene production facilities in Japan

Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical to start joint feasibility study on carbon neutrality of ethylene production facilities in Japan

May 10, 2024 |

In Japan, Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have decided to perform a joint feasibility study on feedstock and fuel conversion at the three companies’ ethylene production facilities in western Japan in order to advance carbon neutrality and lead the decarbonization of society. In order to achieve carbon neutrality by 2050 in accordance with […]

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Paprec Energies Binn starts works to construct energy from waste facility in Scotland

Paprec Energies Binn starts works to construct energy from waste facility in Scotland

May 10, 2024 |

In the UK, Binn Group said it partnered with French firm Paprec to begin work on a new Energy from Waste (EfW) facility, which will provide low carbon energy to local industries. The construction of the plant will create 200 jobs. The new facility at the Binn Eco Park in Tayside, Scotland will be funded […]

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Bunker Holding and SyntexNRG announce green methanol supply agreement

Bunker Holding and SyntexNRG announce green methanol supply agreement

May 10, 2024 |

In Denmark, Bunker Holding A/S, a marine fuel suppliers, and SyntexNRG, a renewable fuels and technology development company, announced that they have entered into an agreement for the development and production of renewable methanol to supply the fuel at the ports where Bunker Holding has physical operations located around the world. Carlos Torres, Global Head […]

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GCMD, NYK launch new project to test continuous use of biofuels

GCMD, NYK launch new project to test continuous use of biofuels

May 10, 2024 |

In The Netherlands, Offshore Energy reported that he Global Center for Maritime Decarbonization (GCMD) has partnered with Japanese shipping company NYK Line to launch Project LOTUS aimed at testing the long-term impact of continuous use of biofuels on vessel operations. According to the report, the six-month project will trial the continuous use of a biofuels […]

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Insempra completes $20 million financing to advance the development of bio-based ingredients.

Insempra completes $20 million financing to advance the development of bio-based ingredients.

May 10, 2024 |

In Germany, Insempra announced the successful completion of a $20 million Series A financing round. Following an initial $15m seed round conducted in 2021, this financing round will enable Insempra, to continue building a technology platform that delivers high-performance sustainable ingredients for a wide range of industries, while supporting the company in the scale up […]

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Waste-to-energy market projected to grow at 4.7% CAGR during 2023-2030

Waste-to-energy market projected to grow at 4.7% CAGR during 2023-2030

May 10, 2024 |

In Delaware, research firm Allied Market Research reported that the global waste to energy market size was valued at $35.6 billion in 2022, and is estimated to reach $56 billion by 2032. The report showed that the market is forecast to expand at a CAGR of 4.7% from 2023 to 2032. The report also revealed […]

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Nova Pangaea Technology welcomes UK Government’s SAF mandate plans

Nova Pangaea Technology welcomes UK Government’s SAF mandate plans

May 10, 2024 |

In the UK, Nova Pangaea Technologies (NPT) welcomed the UK Government’s announcement of its SAF mandate plans.  The mandate becoming law is key to driving investment into a domestic SAF industry placing the UK at the forefront of aviation decarbonization, the firm said. Sarah Ellerby, CEO of NPT, said: “I am pleased by the UK […]

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Vertex pausing its renewable fuels production in Q2

Vertex pausing its renewable fuels production in Q2

May 9, 2024 |

In Texas, during the second quarter of 2024, Vertex is pausing renewable fuels production and redirecting the hydrocracking unit to conventional fuels and products. The company had a previously planned catalyst and maintenance turnaround scheduled for 2024. It will use that planned turnaround to load conventional catalyst and bring the unit out of turnaround in […]

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GCMD teams with NYK Line for six-month continuous biofuel use study

GCMD teams with NYK Line for six-month continuous biofuel use study

May 9, 2024 |

In Singapore, Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial the continuous use of a biofuels blend comprising of 24% Fatty Acid Methyl Esters (FAME) and very low sulphur fuel oil (VLSFO) […]

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Bio Capital Group acquires Scotish food waste transfer station to boost AD feedstock supplies

Bio Capital Group acquires Scotish food waste transfer station to boost AD feedstock supplies

May 9, 2024 |

In the UK, Bio Capital Group, the UK’s leading commercial energy from food waste producer, has added a fourth asset to its portfolio in Scotland. The newly acquired Linwood food waste transfer station will significantly improve Bio Capital’s ability to process feedstock for its regional Anaerobic Digestion (AD) facilities. The company provides a treatment service […]

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