In the Philippines, the Manila Bulletin reports that oil companies have begun increasing the cost of gasoline at the pump incrementally but will eventually increase the price by 0.017 per liter due to the higher costs of ethanol. The government regulates the 10% ethanol blending mandate and how much of it must come from domestic […]
In Argentina, El Confidencial report CARBIO says that the biofuels bill presented by the ruling party “will eliminate any possibility of future development of biofuels and a whole chain of derivatives that could drive a new chemical oil industry. “ He also pointed out that “it benefits certain companies that show themselves as SMEs and […]
In Canada, a researcher from the University of British Columbia has invented the NEXE pod, a coffee pod which composts completely in as little as 35 days in industrial compost. The pods are made from two specially engineered components: an outer fiber jacket and a bioplastic inner capsule designed to break down into carbon dioxide, […]
In Belgium, Euractiv reports the head of the European farmers unions COPA-COGECA says the European Commission’s stance on biofuels is “ultra-orthodox”, when it comes to sustainability criteria. He says that by capping the use of crop-based biofuels at 7% has inhibited the development of biofuels in the region rather than helping to boost the agriculture […]
In Washington, Brownfield Ag News reports the CEO of the Renewable Fuels Association expects crushing margins to shrink further in light of increasing corn futures prices. With higher oil prices and strong demand for DDGS as well as record high prices for corn oil, many producers have been able to keep afloat despite thinner margins, […]
In Nebraska, Renewable Energy Group, Inc. has closed its previously announced private offering of $550 million aggregate principal amount of 5.875% senior secured notes due 2028 in a private placement pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The net proceeds from the private placement […]
In the Netherlands, a new partnership between Samskip, Unilever, and TMA Logistics is trialing the use of HVO100 fossil-free biofuels supplied by Schouten Olie B.V. by trucks carrying goods for Unilever from the TMA Logistics terminal. In carbon dioxide (CO2) metric ton equivalent terms, Samskip’s aim is to save up to 14,500 kilograms of CO2 […]
In Washington, the Renewable Fuels Association hailed an order from the U.S. Court of Appeals for the Tenth Circuit vacating three small refinery exemptions granted by EPA to Sinclair the day before President Joe Biden was inaugurated. The court’s decision came promptly after EPA petitioned for the vacatur and remand of the exemptions on April […]
In the Netherlands, Platts reports European T2 ethanol are starting to stabilize as the post-pandemic reality starts to set in. Prices jumped more than 50% since the start of the year but prices aren’t expected to remain so high for much longer despite currently hovering around seven-month highs. But even so, short-term spot prices continue […]
In France, CMA CGM has been increasing the share of biomethane in the CLEANER ENERGY LNG solution, available since November 2020, leading to a reduction in CO2 emissions of 25% on a well-to-wake basis, compared to the previous 15% reduction. As things stand, liquefied natural gas (LNG) is the best solution currently available for reducing […]
