In Colorado, on June 5, 2022, Gevo executed a registered direct offering of 33.3 million shares to certain institutional investors. That offering closed on June 8, 2022, and the net proceeds of $139.2 million combined with the company’s existing cash, cash equivalents, restricted cash and marketable securities provide the company with approximately $555.7 million of […]
In Montana, the ribbon was cut on Sustainable Oils’ new 20,000 square foot state-of-the-art North American headquarters building in Great Falls last week. Complete with plant breeding and research labs, the facility currently employs a staff of 13 and works with over 100 U.S. farmers to grow camelina – the plant used by their parent […]
In Germany, INEOS Phenol has launched its first bio-attributed product line for phenol, acetone alphamethylstyrene (AMS). These products, made without using fossil fuels as feedstock, are to be sold under the INVIRIDISTM brand. They represent innovation in the global phenol market and offer a more climate-friendly and sustainable alternative to existing phenol, acetone, or AMS. […]
In Belgium, FEDIOL has released a study on Product Environmental Footprint (PEF) profiles of vegetable oil and protein meal products commissioned to the Belgian research institute VITO. The life cycle stages covered in the FEDIOL study include the industrial processing of commodities, such as oilseeds and crude vegetable oils, but also the up-stream stages of […]
In Colorado, a CU Boulder-led research team has figured out a way to make cement production carbon neutral—and even carbon negative—by pulling carbon dioxide out of the air with the help of microalgae. The CU Boulder engineers and their colleagues at the Algal Resources Collection at the University of North Carolina Wilmington (UNCW) and the […]
In Germany, the UK’s Telegraph newspaper says that President Biden intended to block Prime Minister Johnson’s attempt to get G7 countries to temporarily remove biofuel blending mandates in light of the Russian invasion of Ukraine. The war has increased grain prices and fueled concerns about possible food insecurity and conflicts between food and fuel. Sources […]
In Washington, Reuters reports the 12 renewable diesel facilities under construction in the US and the nine proposed, along with existing production capacity, isn’t enough to offset the loss of fossil diesel volumes lost over the past three years as refineries stopped operating. Data from the Energy Information Administration shows the new plants would bring […]
In Germany, MAN Engines has approved all marine engines from the current product range for use with renewable diesel fuel in line with the standard EN15940 in Europe and the US-American specification ASTM D975 of the American Society for Testing and Materials (ASTM) with immediate effect. This will allow customers to replace conventional petroleum-based diesel […]
In Washington, Clean Fuels Alliance America wrote to President Joe Biden, administration officials, and congressional leaders to say that U.S. biodiesel and renewable diesel producers are working to extend fuel supplies and provide relief at the pump to American families. The letter expresses appreciation for the administration’s recent actions to grow Renewable Fuel Standard volumes […]
In Brazil, Governor Ranolfo Vieira Júnior of Rio Grande do Sul signed a protocol of intentions between the state government and the company BSBios to enable the implementation of an ethanol production plant in Passo Background. The document establishes actions to make possible the investment of R$ 316 million projected by the company for the […]
