In Brazil, Suzano Ventures, the corporate venture capital arm of Suzano, the world’s largest market pulp producer, has made a strategic investment into the Canadian materials science startup, Bioform Technologies. The investment provides up to $5 million towards the company’s seed round, enabling it to accelerate the development of its novel bio-based plastic alternatives. The […]
In Texas, Cemvita announced a significant breakthrough enabling the company to produce substantial quantities of its Sustainable Oil from waste carbon sources. This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA sustainable aviation fuel (SAF), representing a significant opportunity to reduce carbon emissions and combat climate change. […]
In California, TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, announced that it has signed a definitive agreement to acquire Olympus Terminals, a leading independent storage provider for renewable fuels and refined products in Southern California, majority owned by an affiliated investment fund of Davidson Kempner Capital […]
In Colorado, Gevo, Inc. along with its wholly owned subsidiary, Verity Holdings, LLC, and ClearFlame Engine Technologies, Inc., announced a collaboration to drive decarbonization traceability from field-to-fleet for the road freight transportation market in the United States, which consumes an estimated 29 billion gallons of fuel every year. Under this collaboration, the parties intend to […]
In Brazil, Compagnie Maritime Monegasque (CMM) announced the closing of up to $94 million in financing. The transaction was funded by Summit Ridge Capital Partners. Panorama Capital Partners sourced and advised on the transaction, and participated as a co-investor. This financing enables CMM to recompose its shareholder structure and to expand its fleet. As part […]
In the UK, Virgin Atlantic has shared headline results from Flight100, the first transatlantic flight on 100% Sustainable Aviation Fuel (SAF), proving not only that the SAF used for the flight is safe to use with existing infrastructure and delivers material reductions in CO2, but can also improve local air quality, contribute to a reduction […]
In Brazil, last week the manager of the Industrial Committee of the Rural Producers Cooperative (Cooperfarms) filed with the National Bank for Economic and Social Development (BNDES), in Rio de Janeiro/RJ, a project proposal to build a corn and sorghum ethanol plant in western Bahia, initiated by the cooperative. The expectation is that the construction […]
In Switzerland, a new report from the IUCN Oil Crops Taskforce assesses the future environmental, economic and social impact of the production, trade and the consumption of vegetable oils. The report, published by IUCN in collaboration with the Sustainable Nutrition Scientific Board, found that growing demand for vegetable oils could translate into the conversion of natural areas into […]
In the UAE, the Financial Times reports Mubadala Capital plans to invest $13 billion in sustainable aviation fuel and renewable diesel in Brazil in five $2.7 billion “modules” through its energy company Acelen. Each of the five planned facilities, the first of which is set to be online by the end of 2026, will produce […]
In Singapore, Fortescue, with support from the Maritime and Port Authority of Singapore (MPA), government agencies, research institutes, and industry partners, has successfully completed propulsion and manoeuvrability trials of its Singapore-registered Fortescue Green Pioneer in the Port of Singapore. The trials were conducted using 6.4 m3 (4.4 metric tons) of liquid ammonia, in combination with […]
