In Washington, as Congress and the administration continue negotiations on another potential COVID-19 relief package, a new study by university economists finds that ethanol producers will experience roughly $8 billion in losses this year due to the pandemic’s impact on world fuel markets. The study, conducted by economists from the University of Florida and Arizona […]
In Canada, Cielo Waste Solutions Corp. has raised CDN$1,619,000 in gross proceeds in the final tranches of its private placement offering of convertible debenture units initially announced on March 30, 2020. A total of CDN$4,694,642 was raised in all tranches of the offering. Net proceeds of the offering are being used to scale-up production of […]
In Malaysia, Bloomberg reports that the palm oil-gasoil spread is grown to its largest since 2011 at around $350 per metric ton but soared past $400 earlier this month, making the vegetable far too expensive for discretionary biodiesel blending and risking Malaysian and Indonesian attempts to boost their blending mandates. The countries are seeking to […]
In the UK, the pioneering partnership between government and the aviation sector to fast-track zero-emission flight has taken its next step forward with the publication of the group’s members and key aims. Following the first meeting of the Jet Zero Council earlier in the summer, representatives from the UK’s leading aerospace, aviation and technology sectors […]
In India, the Press Trust of India reports the government has given sugar mills until October 15 to submit proposals for new ethanol production capacity and take advantage of the soft loans announced in June 2018. Only 68 projects have been funded so far because of the weak balance sheets of many sugar mills but […]
In China, Agence France Presse reports that the country to move forward with its ethanol expansion plans for 2020 with an eye towards promoting large-scale cellulosic ethanol production using straw and forestry waste but no mention was made of the E10 mandate originally planned and later put on hold. Huge corn harvests back-to-back have left […]
In Washington, the USDA will begin accepting applications on Oct. 1, 2020 to expand the production of advanced biofuel by providing payments to eligible producers. USDA is making $7 million available under the Advanced Biofuel Payment Program. Through this program, producers will receive payments to help offset costs associated with the production of advanced biofuel. […]
In Illinois, PT Pertamina (Persero) will use Honeywell UOP technologies to produce advanced biofuels at its Plaju and Cilacap refineries in Indonesia. The company will use UOP Renewable Jet Fuel Process™ technology at its Plaju refinery in Palembang, South Sumatra, and UOP Ecofining™ technology at its Cilacap refinery in Central Java. UOP will provide technology […]
In California, a pioneering collaboration combines Sustainable Aviation Fuel (SAF) production and distribution, establishing a permanent supply for private aviation operators at San Francisco and London-Luton. Central to the collaboration between these three companies is accelerating the use of SAF for private aircraft, with Signature Flight Services initially establishing permanent supplies of this low emission fuel […]
In Germany, DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from January 1, 2021. As one of the leading ocean freight forwarders worldwide, and in line with Deutsche Post DHL Group’s “Mission 2050 – Zero […]
