In Singapore, CMA CGM IRON, the Group’s first dual-fuel methanol vessel, made its maiden call recently at the Port of Singapore. Built in Korea by Hyunday Samho Heavy Industries, the CMA CGM IRON is the first in a series of 12 dual-fuel methanol vessels with a capacity of 13,000 TEUs. Sisterships CMA CGM COBALT, ARGON, […]
In Texas, Orion S.A has signed a long-term supply agreement with Contec S.A., which will provide Orion tire pyrolysis oil to produce circular carbon black for tire and rubber goods customers. The agreement with Warsaw, Poland-based Contec further enables Orion to diversify its sources of tire pyrolysis oil, commonly known as TPO. TPO-based manufacturing is […]
In Indiana, Cummins Inc. recently announced DNV Approval in Principle (AIP) for its methanol-ready QSK60 IMO II and IMO III engines, available from 2000 – 2700 hp (1491 – 2013 kW). Received in June 2024, the AIP validates Cummins retrofittable methanol dual-fuel solution for the global marine market, ensuring it meets the highest standards of […]
In Italy, Arsenale Bioyards, a neo-industrial company fundamentally redefining scalable biomanufacturing, has announced the successful closure of its first $10 million seed financing round. The round was led by Planet A and byFounders with participation from CDP Ventures, Acequia Capital, Plug N Play, Grey Silo Ventures as well as industrial family offices. The funding supports […]
In Singapore, the Manifold Times reported that Thai energy firm Bangchak Sriracha announced the delivery of its first load of B24 marine biofuel at Laem Chabang Port, Sriracha, Chonburi. A total of 470 metric tons of B24, produced at Bangchak Sriracha Refinery, was supplied to NYK Line’s car carrier IRIS LEADER. The company has been […]
In Texas, SNS Insider reported that the bio-based polymers market is projected to reach a valuation of $46.93 billion by 2032, growing at a compound annual growth rate (CAGR) of 17.04% from 2024 to 2032. “The increase in the arket is primarily driven by the growing number of environmental-aware consumers and also the more stringent government […]
In Singapore, The Business Times reported that Singapore will be launching a pilot by 2026 to test the viability of carbon capture technologies at its waste-to-energy plants, The announcement was made by the country’s Senior Minister of State for Sustainability and Environment Amy Khor. The report noted that this is one of the many strategies […]
In Malaysia, The Borneo Post reported that Malaysia Aviation Group (MAG) will collaborate with FatHopes Energy (FHE) to explore the potential of used cooking oil (UCO) as feedstock for SAF production. The report noted that this collaboration was sealed through a memorandum of understanding (MoU) inked between the parent company of Malaysia Airlines and Firefly, […]
In Italy, MAIRE announces that NEXTCHEM’s subsidiary KT Tech has been awarded a licensing contract for the implementation of NEXTCHEM’s proprietary NX AdWinMethanol Zero technology for Pacifico Mexinol, an ultra-low carbon methanol facility near Los Mochis, Sinaloa, on the Pacific coast of Mexico, with an output in excess of 2.1 million tons per year. Transition […]
In Japan, Mitsui O.S.K. Lines (MOL) announced it joined the e-NG Coalition, an international alliance that aims to accelerate the development and use of e-methane, which is synthesized from CO2 and hydrogen. With the addition of MOL, the total number of participating companies of this alliance has increased to 20. Through its participation in the […]
