In California, DevvStream, a carbon management and environmental-asset monetization firm, and Southern Energy Renewables, a U.S.-based producer of low-cost fuels made from biomass, announced that they have entered into a definitive agreement to combine under a new U.S.-domiciled, Nasdaq-listed company. The new company plans to help aviation and maritime operators meet tightening global mandates from […]
In Finland, UPM welcomed the European Union’s new Bioeconomy Strategy, as a decisive move to elevate the bioeconomy as a driver of growth, innovation, and climate neutrality. The strategy reinforces the bioeconomy’s central role in revitalizing European industries and boosting competitiveness through renewable and circular solutions, the company said. UPM added that the strategy is […]
In Vietnam, Vietnam News reported that HCM City is accelerating the development of waste-to-energy facilities as part of its shift toward treating waste as a valuable resource. The report noted that Secretary of the municipal Party Committee Trần Lưu Quang has led an inspection of waste treatment projects at the Tây Bắc (Northwest) Waste Treatment […]
In the UK, World Bio Market Insight reported that Pegasus Materials announced the launch of its first two bio-based materials and expanded its Seed funding round. The new investment from venture studio Ferment and existing investors LIOF and Fibrant BV will help the company move from pilot projects to large-scale production. Pegasus focuses on developing […]
In Egypt, Aviation Week reported that Egypt has moved a step closer to establishing its first commercial-scale sustainable aviation fuel plant after Shell signed a long-term agreement to purchase SAF from Green Sky Capital, a regional renewable-fuel development platform. The agreement is expected to give investors the commercial certainty needed to advance plans for the […]
In Finland, NG Nordic and SWIX have joined forces to develop high-performance winter sports equipment using the world’s first plastic made from CO₂ captured from waste incineration. The development collaboration will start by transforming captured carbon dioxide emissions into ski wax boxes. The partnership brings together NG Nordic’s pioneering Carbon2x technology, which converts captured CO₂ into sustainable raw materials, and SWIX’s innovation leadership in […]
In the Netherlands, FincoEnergies launched GoodFuels B15, a 15% FAME-based biofuel blend that helps the Dutch maritime industry reduce emissions immediately. With GoodFuels B15, FincoEnergies provides shipowners with a practical, reliable drop-in solution at a time when the need for concrete decarbonization measures continues to grow. Now that the regulatory framework for higher FAME blends […]
In the UK, Willis Sustainable Fuels UK Limited and the Green Finance Institute, an independent advisor to governments and investors, have announced a Sustainable Aviation Fuel (SAF) Project Accelerator to bring WSF’s pioneering SAF project at Wilton International in Teesside to Final Investment Decision (FID) and establish a replicable blueprint for financing new homegrown transition […]
In Texas, Darling Ingredients Inc. announced an agreement to sell approximately $60 million of production tax credits to a corporate buyer. These credits were generated under the Inflation Reduction Act (IRA) by the company’s Diamond Green Diesel joint venture. The proceeds of the sale are scheduled to be received by Dec. 31, 2025, upon satisfaction of […]
In Greece, World Fuel Services announced that Norwegian Cruise Line Holdings has carried out one of the first commercial biofuel bunkerings for a cruise vessel in Greece, with Norwegian Viva receiving a waste-based marine fuel blend in Piraeus. Coordinated by World Fuel, in collaboration with Greek supplier EKO, the delivery highlights how international cooperation is […]
