Tag: biofuels

Shell to temporarily pause on-site construction of European biofuels facility

Shell to temporarily pause on-site construction of European biofuels facility

July 5, 2024 |

In the UK, Shell Nederland Raffinaderij B.V., a subsidiary of Shell, confirmed it will temporarily pause on-site construction work at its 820,000 tons a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, in the Netherlands, to address project delivery and ensure future competitiveness given current market conditions. As a result, contractor numbers […]

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New research focuses on use of cactus pear in biofuel production

New research focuses on use of cactus pear in biofuel production

June 27, 2024 |

In Nevada, the University of Nevada reported that a research team led by University of Nevada, Reno researchers has identified several varieties of cactus pear that are particularly well-suited to producing biomass for fuels production. The new findings build on earlier research led by John Cushman, a professor in the University’s Department of Biochemistry & […]

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EBRD to lend $64.4 million for its first wartime biofuels finance in Ukraine

EBRD to lend $64.4 million for its first wartime biofuels finance in Ukraine

June 14, 2024 |

In the UK, the European Bank for Reconstruction and Development (EBRD) is extending a $64.4 million loan to Ukrainian limited liability company Lan-Oil LLC, in its first financing for the construction of a greenfield and privately owned biofuels project in Ukraine since Russia began its full-scale war on the country more than two years ago. […]

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Brazil and Mozambique sign MOU to jointly develop biofuels

Brazil and Mozambique sign MOU to jointly develop biofuels

June 12, 2024 |

In Brazil, during the Biodiesel Forum in São Paulo, Brazil and Mozambique signed a Memorandum of Understanding (MOU) for the joint development of biofuels. Signed by Ubrabio and the Mozambican economic stimulus package (PAE) office, represented by João Macaringue, the agreement aims to boost the production of biofuels, aligning with Mozambique’s energy aspirations presented at […]

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Argus launches freight rates for biofuels and feedstocks

Argus launches freight rates for biofuels and feedstocks

June 3, 2024 |

In the UK, Argus recently launched freight rates for biofuels and biofuels feedstocks in response to growing demand for price transparency in the energy transition fuel supply chain. The 60 new Argus weekly assessed “specialized” rates cover biofuels and biofuels feedstocks. These include biodiesel, hydrogenated vegetable oil (HVO), ethanol, sustainable aviation fuel (SAF), palm oil, […]

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Bangchak expects revenue increase via biofuels business

Bangchak expects revenue increase via biofuels business

May 26, 2024 |

In Thailand, The Bangkok Post reported that BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak’s takeover of Esso Thailand. The gasohol and biodiesel business alone should increase revenue by 30% this year, […]

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Wallenius Wilhelmsen lands $1B, three-year car shipping contract including biofuels

Wallenius Wilhelmsen lands $1B, three-year car shipping contract including biofuels

April 9, 2024 |

In Norway, Wallenius Wilhelmsen recently signed another significant multi-year contract. The new agreement, with a leading global player in the premium car segment, is valued at more than $1 billion over three years, covering both shipping and logistics services, as well as the use of biofuel. The multi-year contract has a duration of three years, […]

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Singapore start-up Green COP to launch pilot biofuels plant with new funding

Singapore start-up Green COP to launch pilot biofuels plant with new funding

February 18, 2024 |

In Singapore, Manifold Times reported that Green COP, a deep-tech start-up in sustainable fuel solutions in Singapore, announced the successful conclusion of its angel investment round.  With the newly acquired funds, Green COP is poised to establish a sustainable biofuels pilot plant with a daily production capacity of 1 ton. The company has garnered substantial […]

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GEODIS looks to biofuels and other alternatives to decarbonize its supply chain

GEODIS looks to biofuels and other alternatives to decarbonize its supply chain

February 13, 2024 |

In France, GEODIS has pledged to reduce its scope 1 and 2 greenhouse gas (GHG) emissions by 42% and reduce the carbon intensity of subcontracted transport (scope 3) by 30% by 2030 compared to 2022. GEODIS plans to continue the transition towards alternative vehicles and modes using decarbonized or bio-sourced energies and installing suitable infrastructures […]

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BioAdvance to open biofuels plant in Portugal

BioAdvance to open biofuels plant in Portugal

February 3, 2024 |

In Portugal, The Portugal News reported that an investment from BioAdvance is about to be opened in Figueira da Foz, which will start with a production of 20,000 tons of biofuels per year. According to the report, the plant will increase its capacity to 200,000 tons per year in two or three years. For this […]

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