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Biobased materials firm PlantSwitch gets financing for its manufacturing facility

Biobased materials firm PlantSwitch gets financing for its manufacturing facility

February 24, 2024 |

In Ohio, Plastics Technology reported that bioplastics startup PlantSwitch has raised its financial investment by $8 million with participation of large institutional investment firm NexPoint Capital to proceed with its first commercial manufacturing facility in North Carolina and expand its team.  The report stated that the plant began producing material in December 2023. The company […]

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Hydrogen alliance urges UK government to accelerate hydrogen production

Hydrogen alliance urges UK government to accelerate hydrogen production

February 22, 2024 |

In the UK, the North West Hydrogen Alliance (NWHA) said it has published its manifesto for delivering a world leading hydrogen economy in the North West of England. The document sets out a number of recommendations that the NWHA believes are essential for the UK to capitalize on the hydrogen opportunity – which it is […]

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How to secure offtake for your first-of-its-kind project

How to secure offtake for your first-of-its-kind project

February 19, 2024 |

By Steve Weiss Special to The Digest At a recent bioeconomy-focused ABLC conference I counted over a dozen companies striving to ‘bring to life’ first-of-its-kind (FOIK) projects, in renewable chemicals, fuels or materials – typically requiring hundreds of millions each in financing. A critical ingredient to make these real? High-quality – investment-quality – offtake agreements. […]

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STX, BioValue unveil new financing structure for biomethane

STX, BioValue unveil new financing structure for biomethane

February 18, 2024 |

In the Netherlands, STX Group has unveiled a new structure financing partnership with BioValue for the construction and development of the Groengas Cothen biomethane plant in the Netherlands. The project The new plant adds at least 80GWh of renewable natural gas capacity per year. This strategic move is aligned with STX Group’s mission to promote […]

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NACS, NATSO and SIGMA urge Sen. Carper to back corn ethanol boost

NACS, NATSO and SIGMA urge Sen. Carper to back corn ethanol boost

February 18, 2024 |

In Virginia, NACS, NATSO, representing America’s Travel Centers and Truckstops, and SIGMA: America’s Leading Fuel Marketers sent a letter to Senator Tom Carper (D-DE), chairman of the Committee on Environment and Public Works, urging him to drop his opposition to the year-round sales of higher ethanol fuel blends. “If enacted, such legislation would allow for […]

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Honeywell Technology to power commercial scale liquid organic hydrogen carrier project in Japan

Honeywell Technology to power commercial scale liquid organic hydrogen carrier project in Japan

February 15, 2024 |

In North Carolina, Honeywell announced that ENEOS, an energy company in Japan, will develop what it claims to be the world’s first commercial scale Liquid Organic Hydrogen Carrier (LOHC) project using Honeywell’s solution at multiple sites. The LOHC solution enables the long-distance transportation of clean hydrogen and can help meet the growing requirements for hydrogen […]

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Loop Energy and H2 Portable announce merger transaction to create hydrogen industrial equipment firm

Loop Energy and H2 Portable announce merger transaction to create hydrogen industrial equipment firm

February 15, 2024 |

In Canada, Loop Energy and H2 Portable Power Corp. (H2P) announced that they have entered into an agreement with the aim of forming a leading hydrogen industrial equipment company Under the merger agreement, Loop will acquire all of the issued and outstanding common shares of H2P, and H2P shareholders will receive common shares of Loop. […]

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Transportation coalition calls on committee chairman to drop opposition to year-round E15

Transportation coalition calls on committee chairman to drop opposition to year-round E15

February 14, 2024 |

In Washington, The National Association of Convenience Stores, NATSO, representing America’s Travel Centers and Truckstops, and SIGMA: America’s Leading Fuel Marketers sent a letter to Senator Tom Carper (D-DE), chairman of the Committee on Environment and Public Works, urging him to drop his opposition to the year-round sales of higher ethanol fuel blends. “If enacted, […]

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Happy Valentine’s Day from the ABLC Due Diligence Wolfpack

Happy Valentine’s Day from the ABLC Due Diligence Wolfpack

February 14, 2024 |

The Due Diligence Wolves return to the ABLC stage Yes, the Wolves wish you a happy and value-friendly Valentines. They’re getting ready for their next appearance on the ABLC stage as we look at five new technologies and fumigate out any cant, pettifoggery or hype in the search for true value. Only value! That’s their […]

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One man’s trash: RPI microbe converts polyethylene to silk

One man’s trash: RPI microbe converts polyethylene to silk

February 12, 2024 |

In New York, researchers at Rensselaer Polytechnic Institute are developing bacteria that consumer plastic waste and excrete a biodegradable material similar to silk. The team started by isolating a bacterial that naturally consumes polyethylene, a common plastic used in single-use applications. They then genetically edited the bacteria to produce an amino acid sequence similar to […]

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