In South Korea, Business Korea reports that Maersk has signed a letter of intent with Hyundai Mipo Dockyard for three 3,500 TEU methanol fuel-powered container ships with an expected value of more than $44 million each. The Korean Ministry of Oceans and Fisheries recently aligned its regulations of methanol and ethanol powered vessels to be […]
In Illinois, Reuters reports that in response to increased interest in renewable diesel, key traders including Citadel, Gunvor and Trafigura are on a hiring spree to make sure they have enough people on hand to tackle the growing demand for the fuel. The companies already have grown their European desks where advanced biofuels have been […]
In Oregon, Columbia County Spotlight reports that following a leadership change and delays due to COVID-19, the planned NEXT Renewable Fuels facility near Clatskanie is expected to be operational in 2024, rather than in late 2021 or early 2022 as originally expected. The company is now under the leadership of a former board member who […]
In Sweden, the first tests to produce renewable gasoline from sawdust have just been carried out at Preem’s refinery in Lysekil. Work has now started to process 50,000 metric tons of pyrolysis oil at the plant. The renewable raw material will be delivered from the Swedish company Pyrocell. Extensive tests have now begun in Lysekil […]
In Washington, cleaner-burning jet fuels made from sustainable sources can produce 50%-70% fewer ice crystal contrails at cruising altitude, reducing aviation’s impact on the environment, according to research conducted by NASA and the German Aerospace Center (DLR). Ice crystal contrail formations can linger in the upper atmosphere for hours and affect the way Earth is […]
In Washington, Reuters reports that corporate filings show oil refiners such as PBF Energy, CVR Energy, Delta Airlines and Par Pacific Holdings are so confident that President Biden will bail them out or that RIN prices will fall that they are short by more than $1.6 billion worth of credits. Reuters’ review shows that PBF […]
In New Zealand, the government is consulting on a proposal to increase the use of sustainable liquid biofuels in New Zealand to reduce greenhouse gas (GHG) emissions from transport. The discussion document, produced by the Ministry of Business, Innovation and Employment and the Ministry of Transport, outlines a proposal to put in place a sustainable […]
In Finland, food company Valio and energy company St1 are establishing a joint venture to produce renewable biogas from dairy farm manure and other agricultural by-products mainly as fuel for heavy-duty transport. The company to be established is targeting up to 1,000 GWh (1 terawatt-hour) of biogas production by 2030; this amount is one third […]
In Germany, Neste and LyondellBasell announced a long-term commercial agreement under which LyondellBasell will source Neste RE™, a feedstock from Neste that has been produced from 100% renewable feedstock from bio-based sources, such as waste and residue oils and fats. This feedstock will be processed through the cracker at LyondellBasell’s Wesseling, Germany, plant into polymers […]
In Finland, the technology group Wärtsilä and Finnish utility, Vantaa Energy Ltd, have signed a co-operation agreement for pre-engineering and development of a Power-to-Gas (P2G) plant for Vantaa Energy. The plant planned to be commissioned in 2025 would be the largest in Finland and also the first to produce carbon-neutral, synthetic methane on a commercial […]
