In New Jersey, KPI OceanConnect completed its inaugural marine fuel carbon offset transaction with a seismic research vessel owner, the volume of which was not disclosed. The carbon offsets were derived from a Texas wind farm and verified by Verra Registry. This achievement comes as the maritime industry faces pressure to meet International Maritime Organization […]
In New Jersey, Modern Meadow has sold its beauty and biomedical divisions to HTL Biotechnology for an undisclosed sum. Modern Meadow cited a strategic shift to focus solely on biomaterials as reason for the sale. “Our decision to focus on our bio-materials business will drive both our research and commercial efforts in this sector and […]
In New Jersey, Avina announced plans for a cutting-edge Sustainable Aviation Fuel (SAF) plant in the Midwest region set to commence operations in 2027. The facility, engineered to produce 120 million gallons of SAF annually, will utilize alcohol-to-jet production technology pathway. The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional […]
In New Jersey, the former owner of a deli at the center of a bizarre $100-million securities fraud scheme has pled guilty to federal charges. James Patten was one of three owners of a public company behind Your Hometown Deli, which went viral in 2021 for its $100-million valuation despite sales of less than $30,000. […]
