In Bolivia, Mercopress reports the government has decided to revitalize its petrochemical industry by converting some of it to biodiesel production instead. The first conversion will be $279 million investment at one of its state-owned oil refineries, producing 12,000 barrels per day of waste-based and soy-based biodiesel from 2024 for domestic consumption. Currently the country […]
In Washington state, Boeing is setting an ambitious target to advance the long-term sustainability of commercial aviation, committing that its commercial airplanes are capable and certified to fly on 100% sustainable aviation fuels by 2030. Boeing has previously conducted successful test flights replacing petroleum jet fuel with 100% sustainable fuels to address the urgent challenge […]
In Colorado, Gevo announced that it has closed its previously announced registered direct offering priced at-the-market under Nasdaq rules of an aggregate of 43,750,000 shares of common stock at a purchase price of $8.00 per share. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. Citigroup acted as capital markets advisor […]
In the UK, Quadrise has signed a Joint Development Agreement with MSC Shipmanagement Limited of Cyprus (“MSC”), a 100% subsidiary of MSC Mediterranean Shipping Company SA headquartered in Geneva, to carry out an MSAR® Operational Trial on commercial container vessels in the MSC global fleet commencing in 2021 with, subject to further agreement, subsequent commercial […]
In India, the Economic Times newspaper reports that the country’s still authority is planning to develop a $54.8 million gas-to-ethanol plant in Chandrapur, Maharashtra, the first ever in the country. About 20% of the investment is expected to be covered by the government through grants related to the 2018 biofuels policy. The three other plants […]
In Belgium, Platts reports European ethanol producers are looking to significantly scale back production in Q2 due to some of the lowest crush margins on record. As seen around the world, the global COVID-19 pandemic has significantly reduced driving, shrinking demand for gasoline and in turn for ethanol blending. That low demand is mixed with […]
In Washington, the U.S. Environmental Protection Agency and Department of Energy announced key members of the agencies’ incoming leadership team who will advance the Biden-Harris administration’s agenda to tackle the climate crisis, advance environmental justice and create clean energy jobs. Members of the incoming EPA and DOE leadership team are listed here along with their […]
In China, a new algorithm may reduce the need for expensive, time-consuming whole-genome sequencing computations to understand how a microbiome functions. A team led by JING Gongchao of the Qingdao Institute of BioEnergy and Bioprocess Technology (QIBEBT) of the Chinese Academy of Sciences (CAS) and SU Xiaoquan of Qingdao University, published their approach, called Meta-Apo, […]
In Brazil, AgWeek reports that with the Biden Administration now officially installed in the White House, the Brazilian government has reached out to discuss a better relationship between the two countries but the failure last year to agree on quotas and duties on US origin-ethanol has strained relations. Before the new president was inaugurated, biofuels […]
In France, Bolloré Logistics has joined the Sustainable Aviation Fuel (SAF) program of Air France KLM Martinair Cargo (AFKLMP Cargo) for its 2021 shipments between Paris Charles de Gaulle and New York John F. Kennedy airports. This first of its kind collaboration illustrates the ambition of these two historical partners to tackle the environmental challenge […]
