In Texas, Darling Ingredients Inc. announced that its joint venture with Valero Energy Corporation, Diamond Green Diesel (“DGD”), has entered into a new $400 million senior, unsecured revolving credit facility. CoBank ACB acted as lead arranger and will be the administrative agent for the lending group, which is comprised of Farm Credit System institutions. The […]
In California, Aemetis, Inc. has received certification from the California Air Resources Board (CARB) for a new LCFS Tier 2 fuel pathway for the Aemetis Advanced Fuels Keyes ethanol production plant utilizing renewable dairy biogas as a process energy input. The new pathway reduces the carbon intensity (CI) of Aemetis’ fuel ethanol from 67.3 to […]
In the UK, the Business Desk reports EV3 has teamed with Think Hire to supply a 90% carbon reduction energy solution for off-grid construction projects through its HVO-fueled “solartainer”. Many construction sites require 24-hour energy access which limited the efficacy of purely solar units or solar units combined with batteries and diesel gensets. The inclusion […]
In Nebraska, four-year research project led by researchers from the University of Nebraska-Lincoln and supported by a $4 million grant from the Norwegian Ministry of Foreign Affairs suggests that keeping up with demand may not necessarily mean converting more valuable, fragile ecosystems into agricultural land. According to research published March 25 in Nature Sustainability, palm […]
In Washington, as part of the American Jobs Plan President Biden announced on Wednesday, the President is calling on Congress to invest $35 billion in the full range of solutions needed to achieve technology breakthroughs that address the climate crisis and position America as the global leader in clean energy technology and clean energy jobs. […]
In Brazil, Reuters reports that Cosan and Shell have appointed Banco BTG Pactual SA, Bank of America, Citi and Credit Suisse AG to support the IPO of Raizen as soon as June or July on the B3 exchange that could raise up to $2.25 billion. Such an IPO would bring the company’s evaluation to around […]
In Japan, Mitsubishi Chemical Corporation is planning to shut down its synthetic ethanol production facilities at the Mie Plant (Yokkaichi, Mie Prefecture) and terminate the production and sales of synthetic ethanol by February 2022. In addition, it has received a contract from Japan Alcohol Trading Co., Ltd. to carry out the distillation of fermented ethanol […]
In Minnesota, CHS announced it had taken steps to make E15 fuels more accessible to the company’s Cenex branded retail locations by registering with the U.S. Environmental Protection Agency (EPA) as an E15 manufacturer. Now, CHS will continue to expand access to higher ethanol blends by offering E15 through 10 additional fuel terminals starting in April […]
In Germany, ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels, as part of a new agreement to find pathways toward potential future consumer adoption. The first iteration of Esso Renewable Racing Fuel is a blend of primarily advanced biofuels and is specially formulated by ExxonMobil’s in-house team of scientists and engineers. Analysis […]
In Switzerland, Gunvor Group has announced commitments in the areas of environment, social, and governance (ESG) targeting a 40% reduction in the company’s Scope 1 and 2 emissions by 2025. The commitments come as a part of Gunvor’s Sustainability Commitments 2021 document, which outlines how the company is navigating the Energy Transition. Gunvor Group has […]
