Author Archive: Meghan Sapp

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Murex to transload renewable diesel to rail it to the California market

Murex to transload renewable diesel to rail it to the California market

January 12, 2022 |

In Texas, Murex LLC, a low carbon fuels marketing and logistics company, announced that it has secured transloading contracts through its affiliate, Gulf Gateway Terminal LLC, with two separate fuel distributor customers that rail renewable product into the California market. Murex owns and operates GGT in the Port of New Orleans, which has both barge […]

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Lenzing claunches 100% cellulose fabric for functional wear

Lenzing claunches 100% cellulose fabric for functional wear

January 12, 2022 |

In Denmark, Lenzing has collaborated with FLOCUS, Marchi&Fildi, Studio MLR, and PYRATEX on a new sustainable fabric design, which can be used as a unique and sustainable alternative for functional wear.  The double-layer construction consists of a blend of TENCEL branded modal fibers with Eco Color technology and kapok fibers on the inside and 100% […]

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Cresta Fund Management to fund Lapis Energy’s CCS and clean hydrogen projects

Cresta Fund Management to fund Lapis Energy’s CCS and clean hydrogen projects

January 12, 2022 |

In Texas, Cresta Fund Management and Lapis Energy LP announced an agreement for Cresta to fund the Company’s origination, development and implementation of Carbon Capture and Storage (CCS) and clean hydrogen projects that enable industrial de-carbonization critical to the achievement of global net zero goals. Lapis Energy, a Dallas, Texas-based CCS company formed by a […]

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Ethanol stocks back near one-year high

Ethanol stocks back near one-year high

January 12, 2022 |

In Washington, Dow Jones reports Energy Information Administration data shows ethanol production fell to its lowest level since early October at 1.01 million barrels per day which in turn pushed stocks to their highest in nearly a year at 22.91 million barrels. Analysts expected stocks to be between 21.11 million barrels to 22.06 million barrels […]

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Peru contracts B100 yet again from Heaven Petroleum Operators

Peru contracts B100 yet again from Heaven Petroleum Operators

January 12, 2022 |

In Peru, La Republica reports state-owned company Petroperú selected the offer from the national company Heaven Petroleum Operators (HPO) for the supply of B100 biodiesel, after a process in which foreign firms Trafigura and Repsol Trading, as well as BioEnergy Peru also presented their respective economic proposals.  HPO is the same supplier that won a […]

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Deal Flow for 1/13/22: Solvay, Trillium, LanzaJet, Microsoft CIF, Maersk, Hyundai Heavy, Liquid Wind, Neste, Ørsted, Ballard

Deal Flow for 1/13/22: Solvay, Trillium, LanzaJet, Microsoft CIF, Maersk, Hyundai Heavy, Liquid Wind, Neste, Ørsted, Ballard

January 12, 2022 |

LanzaJet secures $50M from Microsoft CIF for first commercial SAF plant LanzaJet, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) […]

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Washington University in St. Louis develop new methods to grow algae in wastewater

Washington University in St. Louis develop new methods to grow algae in wastewater

January 12, 2022 |

In Missouri, at the McKelvey School of Engineering at Washington University in St. Louis, researchers had applications in mind when they developed a new method to use nutrients recovered from wastewater to grow algae that is more than twice as pure as algae grown directly in conventional wastewater. The research was published online late last […]

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Biden administration toying with cutting 2022 RVO following oil lobby pressure

Biden administration toying with cutting 2022 RVO following oil lobby pressure

January 12, 2022 |

In Washington, Reuters reports that following the recent announcement by the Environmental Protection Agency of blending mandates for 2022, the Biden Administration is considering cutting those levels after facing backlash from the oil industry and its lobbies. The oil industry claims that there isn’t enough ethanol available to achieve the 15 billion gallons mandated for […]

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ExxonMobil acquires 49.9% stake in Norway’s Biojet AS

ExxonMobil acquires 49.9% stake in Norway’s Biojet AS

January 11, 2022 |

In Texas, ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. Biojet AS plans to develop up to five facilities […]

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Vertimass and European Energy sign LOI for carbon capture and conversion

Vertimass and European Energy sign LOI for carbon capture and conversion

January 11, 2022 |

In California, Vertimass and European Energy have completed a Letter of Intent to integrate technologies for capturing carbon dioxide and converting it into hydrocarbon products around the world, a result that would reduce emissions of carbon dioxide that contribute to climate change.  This unique combination takes advantage of European Energy’s expertise in capturing carbon dioxide […]

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