In Qatar, QNB Group said it has collaborated with DHL and signed an agreement to utilize SAF to enhance its shipping solutions. This collaboration underscores the bank’s commitment to sustainability and aligns with the Group’s strategy to reduce carbon footprints by integrating more environmentally friendly sources into its operations. Through the GoGreen Plus base contract, […]
In South Korea, The Korea Economic Daily reported that SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel next month. The refiner said it plans to manufacture low-carbon products including SAF by simultaneously adding bio raw materials such as used cooking oil […]
In Germany, the Mercedes-AMG PETRONAS F1 team announced its commitment to quadruple its aviation emissions reduction by the end of 2025 through its latest investment in SAF certificates. The announcement means that the F1 team is expecting to reduce its aviation emissions through SAF certificate purchases by a total of 18,500 tCO2e across 2024 and […]
In Iowa, Summit Next Gen announced it has closed on its site acquisition for the future development of its previously announced sustainable aviation fuel production platform. Strategically located on the Houston Ship Channel, the selected 60-acre site location will provide Summit Next Gen with substantial optionality to leverage existing and planned marine, pipeline, rail and […]
In the Netherlands, InnoEnergy has made a €1-million (US $1.1 million) investment in biobased materials pioneer, LignEasy. LignEasy’s technology separates lignin for use in high-value applications such as plywood, construction materials, biobased components in plastics and packaging, providing sustainable alternatives to fossil-based products. Each year, over 15 million tons of lignin are burned by European […]
In Massachusetts, Circe has closed a $5 million seed round to advance gas fermentation technology for converting CO2, water, and electricity into sugars, fats, biodegradable plastics, and biofuels. It licensed the process from Harvard University’s Wyss Institute earlier this year. Circe’s initial target products are triglycerides. “Oils are ubiquitous and play a central role in […]
In Germany, Abolis Biotechnologies has closed a €35 million ($38.9 million) financing round to scale its biomanufacturing operations, accelerate business development efforts, develop its own line of products, and expand the activities of Microbiome Studio, its business unit dedicated to deciphering and engineering microbial ecosystems. Participants in the funding round include Evonik Venture Capital; BOLD, […]
In the United Kingdom, the Royal College of Art and Hyundai Motor Group have picked renewable materials as two of the inaugural winners of their Excellence in Sustainability and Creative Practice award. Open to graduating RCA students only, Ankita Khanna and Yohaan Kukreja received the innovation award for their rice straw-derived biodegradable composite and sheet […]
In Massachusetts, polyolefin producer Braskem has opened a Renewable Innovation Center in the Lexington suburb of Boston. The 35,000-square-foot innovation center will accelerate innovation in renewable chemicals and materials and expand Braskem’s competencies in biotechnology, catalysis, and process engineering. A particular focus will be given to early-stage science and engineering related to the conversion of […]
In Italy, Eni has received permission from the Italian Ministry of the Environment and Energy Security to begin construction of its planned biorefinery at Livorno. First announced in January, the site is to be ENI’s third biorefinery and have the capacity to produce 500,000 tons of HVO diesel, HVO naphtha, and bio-LPG using renewable raw […]
