In the UK, Take Root Bio worked with the International Centre for Brewing and Distilling (ICBD) to successfully turn salty whey, a high-volume by-product from cheese production, into a widely used fuel called bioethanol. Supported by the Industrial Biotechnology Innovation Centre (IBioIC), which connected the two organizations through its industry network, the project brought together […]
In Washington, Growth Energy issued the following statement after the U.S. Environmental Protection Agency (EPA) announced its decision on six small refinery exemption (SRE) petitions under the Renewable Fuel Standard (RFS). Specifically, EPA granted one full exemption (100%) and two partial exemptions (50%) for the 2024 compliance year, and then deemed one petition for 2024 […]
In Massachusetts, Lydian announced the close of a $43 million Series A financing led by Breakthrough Energy Ventures with participation from AP Ventures, Builders Vision, and continued support from existing investors including Congruent Ventures, Galvanize, Grok Ventures, Overture, Union Square Ventures, and Voyager Ventures. The financing supports the launch of PIVOT™, Lydian’s full-stack production platform that enables developers to build and operate […]
In Illinois, ADM announced a series of investments designed to expand North American oilseed crush capacity and strengthen the company’s ability to meet growing demand for renewable fuels and other vegetable oil markets. ADM expects to expand capacity by making targeted improvements to existing operations, allowing the company to increase throughput while building on established […]
In South Dakota, Sioux Metro Growth Alliance, Ecostrat and the BDO Zone Initiative announced the issue of a BDO Zone ‘A’ Rating for Canton, South Dakota. The BDO Zone is the first Rating in the state of South Dakota, rated for 700,000 bone dry tons per year of low-risk corn stover and spans a 75-mile […]
In Canada, Convertus Group announced the successful financial close of C$135 million in project financing for its flagship biofuel facility located in York Region, Ontario. The project financing was provided by Power Sustainable Infrastructure Credit (PSIC), with Selkirk Advisory Group serving as financial advisor to Convertus. Financial close represents a significant milestone as the project […]
In Washington, Brownfield Ag News reports U.S. Energy Information Administration data shows ethanol production climbed to 1.133 million barrels per day last week, the second-highest weekly average on record. Production increased by 39,000 barrels per day from the previous week and 37,000 from a year earlier, supported by favorable ethanol margins and strong corn demand. […]
In Washington, the U.S. Environmental Protection Agency has approved Renewable Energy Group’s petition to generate Renewable Identification Numbers (RINs) from renewable fuels produced using CoverCress oil at Chevron’s Geismar, Louisiana, facility. The approval allows renewable diesel and sustainable aviation fuel to qualify for D4 biomass-based diesel RINs, while renewable naphtha and liquefied petroleum gas qualify […]
In South Korea, Chosun newspaper reports South Korea’s Fair Trade Commission has launched sanction proceedings against seven biodiesel producers accused of colluding on biodiesel and bio-heavy oil bids for more than 11 years. The investigation covers contracts worth about $7.1 billion (9.7 trillion won), with authorities alleging the companies coordinated bids and supply volumes in […]
In Spain, Bankinter Investment SGIIC and Plenium Partners SGEIC, firms that have recently approved the merger of their managers and that are partners since 2017, have acquired 100% of BG Holding S.r.l., in the biomethane sector in Italy, through the Ecualia Capital fund, to Green Arrow – Italy’s main independent group specializing in private markets […]
