Category: Fuels

PostNL adds 4M liters ofo HVO100 to its European diesel network

PostNL adds 4M liters ofo HVO100 to its European diesel network

April 22, 2024 |

In the Netherlands, PostNL and its subsidiary Spring GDS will be adding around four million litres of HVO100 to Europe’s diesel network as of Monday. It’s an important next step towards a cleaner and more sustainable logistics sector, as it ensures some 12 kilotonnes less carbon ends up in the environment every year – equivalent […]

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Peninsula supplies Zeebrugge’s first biobunker with B30 for NYK ship

Peninsula supplies Zeebrugge’s first biobunker with B30 for NYK ship

April 22, 2024 |

In Belgium, Peninsula successfully conclued the first B30 biofuel supply deal in Zeebrugge, Belgium, in collaboration with the Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK). The deal, which marks a significant milestone in sustainable fuel distribution, saw the delivery of 1,200 metric tons of B30. The delivery, executed on March 24, 2024, involved the […]

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Argus includes ARA SAF prices on its price discovery platform

Argus includes ARA SAF prices on its price discovery platform

April 22, 2024 |

In the UK, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. SAF trade at the key ARA hub is growing quickly as stricter emissions reduction targets around the world drive rising aviation demand for this fuel, which […]

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Nordic Bioproducts Group signs MOU with PTT for use of cellulosic fibers in bioplastic

Nordic Bioproducts Group signs MOU with PTT for use of cellulosic fibers in bioplastic

April 22, 2024 |

In Finland, Nordic Bioproducts Group (NBG), a biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of Understanding (MOU) with PTT MCC Biochem Company Limited (PTT MCC) headquartered in Bangkok, Thailand. The partnership marks a significant milestone in the advancement of bioplastic technology and includes, for example, PTT MCC […]

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Cepsa, Evos join forces to promote the storage of green methanol in Spain and The Netherlands

Cepsa, Evos join forces to promote the storage of green methanol in Spain and The Netherlands

April 19, 2024 |

In Spain, Cepsa has signed an agreement with Evos, a liquid energy and chemical products storage company with several centers in strategic locations in Europe, to allow the storage of green methanol, which Cepsa will produce, at Evos facilities in Algeciras and Rotterdam.  The collaboration, which also provides for the storage of green ammonia at […]

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HD Hyundai Oilbank starts operation of new biodiesel plant

HD Hyundai Oilbank starts operation of new biodiesel plant

April 19, 2024 |

In South Korea, The Korea Times reported that HD Hyundai Oilbank has started production at its biodiesel plant with an annual capacity of 130,000 tons. To expand the use of biodiesel, the government of South Korea decided to increase the current mandatory blending ratio of 4 percent to 8 percent by 2030 under its renewable […]

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Bcomp closes $40 million Series C funding

Bcomp closes $40 million Series C funding

April 19, 2024 |

In Switzerland, Bcomp announced it has completed a $40 million Series C investment funding round.  The round was led by EGS Beteiligungen AG (EGSB), a major Swiss institutional investor focused on growth-stage companies. Verve Ventures, Zürcher Kantonalbank, and RKKVC are additional new investors, the firm said. The funding round also saw a group of Series […]

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Advancion introduces new bio-based additive for beauty and personal care applications

Advancion introduces new bio-based additive for beauty and personal care applications

April 19, 2024 |

In Illinois, Advancion Corporation announced the introduction of a new, bio-based multifunctional amino alcohol specifically developed for use in beauty and personal care applications.  The new ingredient, exclusively manufactured by Advancion, is 50% bio-based and “provides exceptional performance, including high-efficiency neutralization, emulsion stabilization and pigment dispersion”, the firm said. “This innovative ingredient is the result […]

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Topsoe inks deal with Cepsa for SAF production

Topsoe inks deal with Cepsa for SAF production

April 19, 2024 |

In Denmark, Topsoe has signed an agreement with Cepsa, under which Topsoe will provide its HydroFlex technology for the production of SAF and renewable diesel at Cepsa’s and Bio-Oils’ new second-generation biofuels plant in Palos de la Frontera, Spain. The plant, which began construction in February 2024, is expected to produce 500,000 tons of SAF […]

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Blue Biofuels starts engineering and design for new plant to produce ethanol from cellulosic materials

Blue Biofuels starts engineering and design for new plant to produce ethanol from cellulosic materials

April 19, 2024 |

In Florida, Blue Biofuels announced the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility.  This endeavor is grounded in the company’s Cellulose-to-Sugar (CTS) system, which has undergone and is undergoing continuous refinement and optimization for the efficient conversion of cellulosic biomass into ethanol, the firm said. “The engineering […]

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