In Iowa, the American Carbon Alliance (ACA) issued a statement in response to the Farm to Fly Act announcement. “The development of SAF not only benefits the environment but also opens new markets for farmers. The cultivation of these markets is absolutely crucial for the viability of small and medium-sized farming operations, which have been […]
In the United Arab Emirates (UAE), Gulf Business reported that the Dubai Municipality has partnered with global companies to create a project that transforms waste into sustainable aviation fuel (SAF). This initiative, signed at the World Governments Summit 2024, with ENOC, BESIX Middle East, and Marubeni Middle East and Africa Power, paves the way for […]
In New York, Natixis Corporate & Investment Banking (Natixis CIB) announced its investment in the United Airlines Ventures Sustainable Flight Fund. Natixis CIB joins a group of 22 investors consisting of industry leaders across the aviation value chain including OEMs, airlines, fuel producers, technology and engineering specialists, banks, aircraft lessors and travel management. “Our commitment […]
In Delaware, a new report published by Allied Market Research stated that the renewable fuel market size was valued at $955 billion in 2021, and is estimated to reach $2 trillion by 2031. The report noted that the market is forecast to expand at a CAGR of 7.9% from 2022 to 2031. “The renewable fuel […]
In Pakistan, The Express Tribune reported that the biggest biogas plant of Pakistan was inaugurated in Gujjar Colony. The compressed biogas plant has the capacity to produce 600 cubic meters of gas daily. As much as 1,600 kilograms of dung would be used in the biogas plant daily to produce 16,000kg of organic fertilizer, according […]
In Finland, Finnish energy company Gasum has decided to invest $ 8.08 million in a project aimed at expanding and enhancing the current biogas plant in Riihimäki, Finland. Operational since 2016, the plant contributes around 45 gigawatt hours (GWh) of biomethane annually to the gas transmission network, meeting industrial and transportation needs for renewable energy, […]
In Washington D.C., The American Chemistry Council’s Plastics Division (ACC) released a set of principles and definitions to promote policies that support responsible growth of commercially available and viable biobased plastic production and bolster solutions that can help U.S. companies reach their sustainability goals more rapidly. “Moving to more recycled and renewable materials for plastic […]
In India, BNN Breaking reported that PTG Energy, an oil trading company in Thailand, has made a strategic investment in the waste-to-energy (WTE) sector. According to the report, the company recently acquired additional shares in Thai Paiboon, a local refuse-derived fuel (RDF) producer and distributor, with an aim to hold a 33.3% stake. Thai Paiboon […]
In Finland, Finnish material innovation company Sulapac said it partnered with French packaging experts Albéa and Verescence to offer beauty brands around the world a sustainable luxury packaging. The first launch of the collaboration is TWIRL, a 50 ml refillable glass jar with a lid made of biobased and recyclable Sulapac material, that has a […]
In Delaware, a report by Global Market Insights stated that the biofuel market is expected to reach $298.9 billion by 2032. “The rising environmental consciousness, the introduction of innovative fuels, and stringent emission regulations will accelerate the business growth. Increasing awareness of the environmental impact of traditional fuels will propel demand for sustainable alternatives,” the […]
