In Brazil, World Grain reported that an initiative among Bunge Global, energy company Petrobras and fuel distributor Vibra has produced the first sustainable aviation fuel made from Brazilian soybeans with ISCC CORSIA PLUS Low-LUC Risk certification. Bunge originates and certifies the soybeans to produce vegetable oil at its crush plant in Rondonópolis. Petrobras, in turn, […]
In India, AlchemPro reported that Spray Engineering Devices Limited (SED) has received approval for $17.4 million in financial assistance for setting up a 91 KLPD Second Generation (2G) Ethanol Biorefinery at Wave Sugar, Dhanaura, Uttar Pradesh. The project is among India’s first privately developed commercial-scale 2G ethanol biorefineries integrating biomass gasification with advanced gas fermentation […]
In Delaware, Allied Market Research reported the green diesel market size was valued at $30.7 billion in 2022 and is projected to reach $92.3 billion by 2032, registering a CAGR of 11.7% during the forecast period. “The renewable diesel market has become a cornerstone of global energy transition strategies. Governments across North America, Europe, and […]
In Vietnam, Vietnam Plus reported that Vietnam’s southern province of Tay Ninh marked a significant milestone in its investment promotion efforts in Europe with the successful organization of an investment conference in Amsterdam, the Netherlands, on June 23. A highlight of the event was the signing of a memorandum of understanding (MoU) between Dutch firm […]
In Brazil, Yahoo Finance reported that Petrobras has received board approval for its final investment decision (FID) on a new biofuels facility at its Presidente Bernardes Refinery (RPBC) in Cubatão, São Paulo state in Brazil. The decision will see the company allocate approximately $1.2bn to develop a dedicated plant for producing bio-jet fuel and renewable […]
In Brazil, Finep, Petrobras and BNDESPAR signed a new stage in the structuring of the Investment Fund in Holdings (FIP) focused on Energy Transition and Decarbonization. With the process of setting up the fund in advanced stage and once the regulation is approved by the internal bodies of each quota holder, the Fund initiates the […]
In Japan, FUJIFILM Corporation, Tokyo Gas Co., Ltd. and Tokyo Gas Engineering Solutions Corporation have reached an agreement for the supply of city gas linked to biomethane produced overseas to Fujifilm’s Ashigara Site at the Kanagawa Factory. This agreement marks the first initiative in Japan’s chemical industry to use such city gas at a manufacturing […]
In Italy, Be8 announced this week the creation of another group subsidiary: Be8 Milan, in Italy. The new operation is aligned with the company’s strategic planning and aims to strengthen exports of biofuels and raw materials to Europe, such as soybean oil, fats, used cooking oil, and residual inputs. In addition to exporting products to […]
In Washington state, Imperium Renewables, Inc. closed the sale of Imperium’s assets, including Imperium Grays Harbor, LLC, to Renewable Energy Group (REGI). REG paid Imperium $15.0 million in cash and issued 1.675 million shares of REG common stock in exchange for substantially all of Imperium’s assets, including the 100-million-gallon nameplate biodiesel refinery and terminal at the […]
In Italy, Ludoil Group has secured a green bond for a total amount of 40 million euros lasting 7 years, intended for the financing of the “Engas Project”, related to the construction of a new plant for the production of biomethane in the Municipality of Enna, in Sicily, with an authorized capacity of over 5 […]
