In Delaware, Transparency Market Research reported that the global methanol market was worth $22 billion in 2023 and is expected to reach $32.9 billion by 2034. The report noted that the market is forecast to grow at a CAGR of 3.4% during the period. “Demand for methanol is expected to increase in Asia Pacific. Automobile, […]
In Delaware, Allied Market Research reported that the biomass briquette market is estimated to reach $1.9 billion by 2033, up from $900 million last year. The market is forecast to expand at a CAGR of 7.9% from 2024 to 2033, according to the research firm. “Biomass briquettes are a sustainable and efficient alternative to traditional […]
In Delaware, CovationBio has unveiled plans to expand capacity for biobased 1,3 propanediol at Loudon, TN by 33,000 metric tons, as it celebrates 20 years since the landmark facility’s ground-breaking. Currently, the plant has capacity to produce 77,000 metric tons. It was last expanded in 2019. “We’re excited to be part of this journey with […]
In Delaware, a startup called Algae Cooking Club is set to launch sustainable algae-based cooking oil in the US by the end of February. It will also be used at Eleven Madison Park, a buzzy, Michelin-star rated restaurant in Manhattan, after successful trials. Algae Cooking Club CEO and founder Kasra Saidi told Fast Company that […]
