In Canada, Azure announced its planned development of an SAF production facility in Cherryvale, Kansas. Since June 2023, Azure has been progressing a FEED study, which is on track for completion in 2024. Azure is targeting a final investment decision by early 2025; if approved, the company is targeting to reach first production in 2027. […]
In Italy, local firm Maire Tecnimont announced that NEXTCHEM, through its subsidiary MyRechemical, has been awarded a feasibility study for the integration of its proprietary Waste-to-Syngas technology in a large-scale conversion plant that would transform solid municipal waste into sustainable aviation fuel. This is the first major project in the United Arab Emirates (UAE) aimed […]
In the UK, Airports International reported that Skellefteå City Airport has become the first airport in Sweden to join the Scandinavian Airlines (SAS) corporate sustainability program. The airport will purchase sustainable aviation fuel for all its business trips with SAS during 2023/2024. “If more companies purchase biofuel for their business trips, it will increase demand […]
In the Netherlands, Offshore Energy reported that China Classification Society (CCS) has signed a strategic cooperation agreement with Swiss turbocharger producer Accelleron to work on the development of green fuels and upgrade of ammonia and methanol engines for ships. Under the strategic cooperation agreement, CCS and Accelleron will establish a long-term cooperative relationship in products […]
In Canada, Emergen Research reported that the global biobased cosmetics market is expected to reach a value of $8.86 billion by 2032, up from $4.95 billion in 2022. The market is expected to expand at a CAGR of 6% during the forecast period, “Rising consumer interests for natural or organic ingredients for cosmetics, increasing research […]
In France, Global Bioenergies announced that the provisional schedule for the construction and commissioning of its new plant by 2027 is becoming clearer. The finalization of the basic engineering design, concurrent with the signing of the first tranche of financing for the plant, is expected in summer 2024. Once completed, the front end engineering design […]
In China, Xinde Marine News reported that Shanghai International Port Co., Ltd. (SIPG) and Evergreen Marine Corp. signed a Memorandum of Understanding on green methanol fuel supply to ships in the Port of Shanghai. According to the agreement, SIPG will provide green methanol procurement, supply and refueling services for Evergreen’s dual-fuel methanol ships which will […]
In Finland, Neste welcomed the French government and Senate’s decision to increase the share of renewable energy within the overall energy consumption of the transport sector. In January 2024, the required minimum share of renewable energy will increase from 8.6% to 9.2% to further accelerate greenhouse gas emission (GHG) reductions in the transport sector. “The […]
In China, Reuters reported that Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand. The agreement between Hong Kong-based EcoCeres and Shenzhen Expressway Group, which handles more than 2.5 million […]
In North Dakota, Ethanol Producer Magazine reported that CoBank’s Knowledge Exchange released a report that predicts that both ethanol producers and soybean crushers will benefit from rising demand for biofuels in 2024. “The biofuel sector at large carries the momentum of historically large profit margins into the new year,” CoBank wrote in the report. With […]
