In New York state, IFF and Kemira announced the formation of Alpha Bio, a joint venture aimed at commercial-scale production of renewable biobased materials. With an investment of approximately €130 million, the Alpha Bio facility will start production in late 2027, converting up to 44,000 MT of plant sugars to bioproducts, including high-performance biopolymers for […]
In Denmark, European Energy said it has produced the first batch of industry-grade e-methanol at its Power-to-X facility in Kassø, Denmark. This follows earlier production of raw e-methanol and marks the next stage in commissioning the facility, which will be the world’s largest commercial e-methanol facility, according to the firm. The facility, designed, constructed and […]
In Japan, ENEOS Corporation and C2X jointly announced a combined investment in C2X of $100 million from ENEOS and existing shareholders A.P. Møller Holding and A.P. Møller – Mærsk. The transaction is subject to the satisfaction of customary closing conditions including applicable regulatory clearances. The proceeds from the investment will primarily be used to fund […]
In Finland, Kemira and IFF announced that they have taken the final investment decision and move forward in forming a joint venture manufacturing company to produce renewable biobased products on a commercial scale Commercial production is expected to start in late 2027. Both companies will have a 50% stake in the joint venture. Kemira and […]
In New York, Sourcing Journal reported that Living Ink announced the closing of a $3 million priced funding round with investors. The cash injection will be used to scale the materials company’s environmentally sustainable solutions across diverse industries and accelerate the development and integration of alternative feedstocks. The report noted that Living Ink specializes in […]
In Norway, Frontier said it facilitated offtake agreements with Hafslund Celsio, Norway’s largest supplier of district heating and owner of Norway’s largest waste incineration plant in the outskirts of the capital, Oslo. This offtake enables the first-ever carbon removal retrofit of a waste-to-energy facility. Frontier buyers will pay $31.6 million to remove 100,000 tons of […]
In Switzerland, VARO Energy has reached an agreement to acquire Preem Holding AB and Preem AB through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings AB (CPH), in an all-cash transaction. Subject to customary closing conditions and the receipt of regulatory approvals the transaction is expected to be […]
In Austria, BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a biofuel feedstock refinery plant. The plant, with a significant production capacity, will represent an important milestone in BDI’s mission to develop alternative fuel sources and reduce carbon emissions, the firm said. Manfred Baumgartner and David Niederl Managing […]
In Singapore, Neste and DB Schenker have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics. Both companies embarked on a trial which took place from December 2024 to February 2025, in which Neste MY […]
In Belgium, BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will be unique in its approach, integrating advanced technologies for the refining of feedstock for sustainable fuels. The plant, with a significant production capacity, will represent an important milestone in […]
