In India, the Economic Times newspaper reports that Athena Capital has invested $6.54 million in Hydrise Group to finish building an ethanol plant in Madhya Pradesh that should be online in 2023. The facility will produce 300,000 liters of ethanol from 650 metric tons of broken rice per day. The investment is driven by the […]
In Brazil, Reuters reports Vibra is expanding its existing agreement with Brasil BioFuels to move into sustainable aviation fuel production using palm oil as feedstock. BBF will be supplying Vibra with renewable diesel as part of a previous agreement. The palm will be grown around Sao Joao da Baliza while the oil will be processed […]
In Nebraska, University of Nebraska-Lincoln researchers are part of a new $6 million grant from the National Science Foundation to develop bioplastics for use in agriculture over the next four years. The project includes a consortium of 15 researchers from the University of Nebraska–Lincoln, Kansas State University and the South Dakota School of Mines and Technology. […]
In Indonesia, Reuters reports that recent lowering of palm oil export levies to $175 from the previous $255 per metric ton is expected to boost exporters’ margins. When the reference crude palm oil price reaches $750, every time palm oil reaches $50 higher, the export levy will increase by $20. Previously, every time CPO rose […]
In Tennessee, Bridgestone Americas announced an exclusive partnership with LanzaTech NZ Inc. to address end-of-life tire waste. The two companies will co-develop the first dedicated end-of-life tire recycling process leveraging LanzaTech’s proprietary CCT technology, creating a pathway toward tire material circularity and the decarbonization of new tire production. Bridgestone and LanzaTech seek to develop a […]
In California, Crimson Renewable Energy formally unveiled its newly completed expansion project at its Bakersfield facility, making the company the largest producer or ultra-low carbon biodiesel in the Western United States. The multi-million-dollar plant expansion makes it possible for Crimson to use a greater variety of waste oils and byproduct inedible fats to produce ultra-low […]
In the UK, businesses and other fuel suppliers across the country can now access over half a million liters of drop-in diesel replacement fuel from Craggs Energy’s Head Office in Hebden Bridge, and its largest fuel terminal in Padiham, Lancashire. Craggs Energy will be providing B2B suppliers, customers and businesses with Green Biofuels’ Gd+ HVO […]
In Australia, ANL, a subsidiary of the CMA CGM Group announced the success of the first biofuel trial on a containerized shipping vessel within Oceania. The trial, undertaken on ANL’s AAX1 service was a 42-day rotation, commencing in Brisbane, travelling via Southeast Asia and then onto key Australian ports. The international shipping service carries a […]
In Switzerland, a group of leading mobility and impact venture capital funds, including BMW i Ventures as lead investor, has completed a $35 million investment in sustainable lightweighting specialists Bcomp, as the Swiss scale-up closed its Series B financing round this month. Its natural fiber-based sustainable lightweighting solutions enable substantial weight- and CO2 emission reductions […]
In Brazil, Braskem and Sojitz have signed an agreement to establish a joint venture which will produce and market bioMEG (monoethylene glycol) and bioMPG (monopropylene glycol). Subject to the conclusion of technology development in 2022, the business plan includes the construction of three industrial units, with the startup of the first plant in 2025, taking […]
