In California, Salesforce said that together with Airbus, Breakthrough Energy, Boom Supersonic, Deloitte, Eni, JetBlue Ventures, Qantas Airways Limited, and World Energy, launched a call for ecopreneurs to submit innovative solutions to support the decarbonization of the aviation sector. This initiative is a collaboration between the First Movers Coalition (FMC) and UpLink to scale and […]
In the UK, Fuels Industry UK, previously known as the United Kingdom Petroleum Industry Association (UKPIA), said it changed its name to reflect its members’ ambition to manufacture and supply the biofuels, low carbon hydrogen and other low carbon fuels needed to meet the UK’s ambitious net zero targets. Fuels Industry UK CEO Elizabeth de […]
In Ireland, Research and Markets reported that the global SAF market is forecasted to reach a value of $131.12 billion by 2033, up from $1.29 billion in 2023. “This meteoric rise is fueled by a staggering compound annual growth rate (CAGR) of 58.78%, spotlighting the industry’s dedication to curbing greenhouse gas emissions and combating aviation’s […]
In Japan, Idemitsu Kosan and LOPS Corporation have agreed to conduct joint studies on the procurement of sustainable aviation fuel feedstock. The two companies aim to establish a system to stably procure SAF feedstocks such as used cooking oil from various parts of Japan by the late 2020s. Through this agreement, the two companies will […]
In Japan, Nippon Yusen Kabushiki Kaisha (NYK), the NYK Group’s Asahi Shipping Co., and Kobe Steel have supplied biodiesel fuel using ship-to-ship transfer to bulk carrier Sunrise Serenity at the port of Kobe in Hyogo Prefecture. The vessel was supplied with biofuel by Toyota Tsusho Marine Fuels Corporation and consumed biofuel on its route to […]
In Canada, Fiera Infrastructure Private Debt announced the closing of a senior secured credit facility to Pine Creek Renewables, the developer, owner, and operator of a growing portfolio of renewable natural gas (RNG) projects. The facility will support the construction and operation of three RNG projects, which have all secured offtake contracts. “The proceeds […]
In Ohio, Pastics Technology reported that Saudi company SABIC announced it is now offering bio-based versions of all Noryl, Flexible Noryl, Noryl GTX and Noryl PPX resin grades to help customers meet sustainability goals. The bio-based versions, formulated with polyphenylene ether (PPE) resin feedstocks certified under International Sustainability & Carbon Certification (ISCC) Plus, provide properties […]
In India, The Times of India reported that Union Road Transport and Highways Minister Nitin Gadkari said he will unveil a 100% ethanol-fueled variant of Toyota’s Innova car on August 29. The Union minister, who has been exhorting automakers to come out with alternative fuel-powered and green vehicles, had last year launched a hydrogen-powered car, […]
In India, Mint reported that Indian state-owned Power Finance Corporation has signed a loan agreement with Japan Bank for International Cooperation (JBIC) for $1.28 million for a waste-to-energy project in Karnataka. The loan proceeds would be used to finance the 11.5 MW for waste-to-energy project of KPC Gas Power Corporation Ltd, a wholly owned subsidiary […]
In Pennsylvania, Braskem said that together with Thai company SCG Chemicals, has signed a joint venture agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize ‘I’m green’ bio-based polyethylene […]
