In Germany, material manufacturer Covestro and biotechnology pioneer Genomatica announced an important industry milestone to advance sustainability resulting from their partnership. The two companies have teamed to be the first to successfully produce significant volumes of a plant-based version of the chemical raw material HMDA (hexamethylene diamine). HMDA, with a worldwide market of 2 million […]
In Estonia, DEAC and Neste join forces to cooperate on sustainable data storage solutions. DEAC is one of the largest independent data centers in Northern Europe, which has been acquiring renewable electricity starting from 2021. Cooperation with Neste, world’s leading producer of renewable diesel, sustainable aviation fuel, and renewable feedstock solutions for various polymers and chemicals […]
In India, Neev II Fund has invested in GPS Renewables, a leading bioenergy technology and project integration company. GPS Renewables, with its passion to solve the waste management problem, started its bioenergy journey with captive food waste into biogas solutions, powered by proprietary technology for automated bio-health monitoring technology called the BiogasBot. Over the years, they […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol stocks built for the fourth straight week as they reached their highest levels since mid-May 2020 last week at 24.476 million barrels. Slower demand is seen as the likely reason the Midwest region has broken its record stock levels. Production is also easing […]
In China, natural gas can be used as fuel for generating electricity, heating and powering transportation. It is also the raw material to manufacture hydrogen and ammonia. Currently, biogenic and thermogenic processes are the two widely accepted methods for natural gas production. Whereas high content of CO2 in gas products is inevitable during these processes, […]
In Missouri, the Fulton Sun reports that Rep. Kurtis Gregory, R-Marshall has introduced a bill that would provide up to $5 million per year in tax credits for higher ethanol blends between 15% and 85%. The credit would be for 5 cents per gallon at the pump. Both POET Bioprocessing in Laddonia and the Missouri […]
In Belgium, Solvay and Trillium Renewable Chemicals have signed a letter of intent to develop the supply chain for bio-based acrylonitrile (bio-ACN). Trillium will supply Solvay with bio-ACN from Trillium’s planned commercial asset, and Solvay will evaluate bio-ACN for carbon fiber manufacturing as part of its long-term commitment to developing sustainable solutions from bio-based or […]
In Illinois, the BioVantage Biofuels LLC biodiesel plant site and equipment will be offered for sale via a sealed bid auction in March. BioVantage Fuels, LLC is a regional biodiesel manufacturer located in the Crosslink Business Park, within the Belvidere/Boone County Enterprise Zone. The plant produces high quality, ASTM D6751 grade biodiesel primarily from Used […]
In California, OMNI OZ FUND, LLC is seeking accredited investors for its GreenMix Fuel Methanol-Ethanol Blend Processing Plant. The Fund is raising a Series A Round of $50 million. The OMNI OZ FUND, LLC was created to raise the necessary capital of $300 million to produce an energy industry first, GreenMix Fuel (methanol/ethanol blend) Processing […]
In the Netherlands, Viterra Limited has entered into a stock purchase agreement with Marubeni America Corporation, a wholly-owned subsidiary of Marubeni Corporation, to acquire the grain and ingredients business of Gavilon Agriculture Investment, Inc. (Gavilon) through a wholly owned subsidiary of its own. The agreed purchase price for the acquisition of Gavilon is $1.125 billion, […]
