Author Archive: Meghan Sapp

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eXoZymes rings Nasdaq Stock Market closing bell

eXoZymes rings Nasdaq Stock Market closing bell

February 19, 2025 |

In New York state, eXoZymes, Inc. announced that CEO Michael Heltzen was joined by eXoZymes team members to ring the Nasdaq Stock Market closing bell on Wednesday, February 19, 2025. This comes following a successful initial public offering of common stock at $8 per share, which closed on November 14, 2024. “Our team is thrilled […]

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German researchers develop bacterium that converts nylon into biomaterials

German researchers develop bacterium that converts nylon into biomaterials

February 19, 2025 |

In Germany, a team of scientists from the Institute of Bio- and Geosciences – Biotechnology at Forschungszentrum Jülich worked together with the company Novonesis to develop a bacterium that “eats” individual building blocks of different types of nylon and converts them into value-added products. The results of this research will help improve nylon recycling. The […]

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Brazil freezes biodiesel blending at 14% amid food security concerns

Brazil freezes biodiesel blending at 14% amid food security concerns

February 19, 2025 |

In Brazil, Reuters reports the energy council won’t raise biodiesel blending to 15% in March as expected but will keep it at the current 14%, which will cut expected blending in 2025 by 600,000 metric tons. Higher food prices were the reason for freezing the blending level, which can be reviewed and increased at any […]

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Enagas to invest $3.26B in green hydrogen corridor by 2030

Enagas to invest $3.26B in green hydrogen corridor by 2030

February 18, 2025 |

In Spain, Enagas has completed the conceptual design of the Spanish Hydrogen Backbone, awarded the basic engineering for the first two compressor stations and will deploy the Conceptual Public Participation Plan in the coming months. Enagás plans to adopt the final investment decision (FID) at the end of 2027. The Call For Interest of the […]

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MOL Group produces HVO and SAF at Bratislava refinery

MOL Group produces HVO and SAF at Bratislava refinery

February 18, 2025 |

In Slovakia, MOL Group has produced a diesel fuel containing Hydrotreated Vegetable Oil (HVO), and Sustainable Aviation Fuel (SAF) at the refinery of Slovnaft in Bratislava. The quality of the products has been verified by radioisotope analysis by the independent specialist laboratory of Isotoptech Zrt. The successful production test confirms that MOL Group is technologically […]

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KKR invests another $613.5M in Enilive for a total 30% stake

KKR invests another $613.5M in Enilive for a total 30% stake

February 18, 2025 |

In Italy, Eni and KKR have signed an agreement under which KKR will increase its stake in Enilive through an additional purchase of Enilive’s shares from Eni. The purchase will correspond to 5% of Enilive’s share capital and will be funded through an additional investment of €587.5 million. Overall, the investment will give KKR a 30% […]

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ONE and Yusen Logistics agree sustainable shipping agreement

ONE and Yusen Logistics agree sustainable shipping agreement

February 18, 2025 |

In Singapore, Ocean Network Express (“ONE”) and Yusen Logistics Co., Ltd announced a new agreement for sustainable shipping solutions through ONE’s green shipping service, ONE LEAF+. This collaboration demonstrates how the industry can advance sustainable supply chain practices and marine transportation to deliver environmental benefits. Under this agreement, ONE will use sustainable biofuels for propulsion, […]

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RCI/BIC study shows biomass can provide 20% of carbon demand for chemicals by 2050

RCI/BIC study shows biomass can provide 20% of carbon demand for chemicals by 2050

February 18, 2025 |

In Germany, a new study commissioned by the Renewable Carbon Initiative (RCI) and the Biobased Industries Consortium (BIC) reveals that meeting 20% of the total global carbon demand of the chemicals and derived materials sector by 2050 from biomass is achievable and sustainable. This key finding highlights the potential for defossilizing the industry, which currently […]

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West Coast diesel market seeing more replacement from renewable diesel

West Coast diesel market seeing more replacement from renewable diesel

February 18, 2025 |

In Washington, Environmental Information Administration data shows renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region. The fuel continues to mostly be consumed in California but is also making up a substantial share of Oregon’s and Washington’s smaller distillate […]

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NaTran adapting facilities to inject renewable gases into French national grid

NaTran adapting facilities to inject renewable gases into French national grid

February 18, 2025 |

In France, Europe’s second-largest gas transmission operator, NaTran is adapting its facilities to enable the injection of renewable gases into the French grid. Clemessy experts carried out a design-build project to install and commission a biomethane injection station at Fontaine-le-Dun (76), in order to connect TotalEnergies’ new biomethane production site (BioNorrois) to the gas transmission […]

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