In Illinois, CME Group announced its new physically-delivered Ethanol futures and options are now available for trading. A total of five futures contracts traded on February 7, 2025. Ethanol futures are sized at 42,000 gallons, which is in line with CME Group’s benchmark RBOB Gasoline futures and NY ULSD Heating Oil futures. Ethanol futures offer […]
In Ireland, the Irish Times reports Phillips 66 is seeking a $1.74M judgment against Irish Biofuels Production Ltd. who has allegedly not paid for 8,900 metric tons of used cooking oil. The UCO was sold to the company in two tranches, the first of 5,000 tons in December 2023 with the remainder in March 2024. […]
In Brazil, Acelen has partnered with MulticanaPlus, a company specialized in research and development of plant micropropagation protocols and cloning of elite macaúba plants. The goal is to create genetically identical copies of higher plants. This process will allow the faithful reproduction of the desired characteristics, such as resistance to stress, high productive potential and […]
In Ukraine, VITAGRO Group of companies has begun exporting Ukrainian biomethane to the European Union. The group’s biomethane plant, which was built between 2022 and 2024, started production in September 2024. Until that time, the company was injecting biomethane into Ukraine’s gas transmission system. ERU, together with its partners, will transport the biomethane from the […]
In Japan, Euglena Co., Ltd. announced that its “People’s Republic of Bangladesh / Research Project to Establish a Raw Materials Supply Chain for SAF in Bangladesh” has been selected for the Ministry of Economy, Trade and Industry’s “FY2023 Supplementary Budget Global South Future-Oriented Co-Creation Project Subsidy.” Japan aims to replace 10% of domestic airline fuel […]
In Iowa, Iowa Central Community College held its grand opening of the new, state-of-the-art Fuel Testing Laboratory last Friday. The expanded lab includes new cetane and octane rating engines along with several new pieces of equipment that will allow us to test Sustainable Aviation Fuels. It will serve as a hub for innovation reflecting the […]
In Brazil, Toyota Tsusho Corporation, Ferrari Agroindústria S.A., Toho Gas Co., Ltd and Sebigas Cótica Bioenergia LTDA have entered into a joint development agreement to conduct a joint study to develop a pilot project for bio-methane production in Brazil. Under this agreement, the four companies aim at producing bio-methane from sugarcane waste and will initiate […]
In Japan, on February 9, NYK started a biofuel test run on its coal carrier Noshiro Maru, which is operated for Tohoku Electric Power Co., Inc. This is the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility company. Mitsubishi Corporation Energy Co., Ltd. in […]
In Denmark, Nordic Investment Bank (NIB) has signed a 16-year DKK 250 million loan with Tønder Biogas A/S to fund the construction and operations of one of Europe’s largest biogas facilities in Tønder, Denmark. The Tønder Biogas facility is set to begin commercial operations by the first half of 2025. With the capacity to produce […]
In France, Global Bioenergies has signed a term sheet with a large international industrialist (undisclosed) to co-develop a process leading to Sustainable Aviation Fuels at a reduced cost and an improved CO2 reduction. This process will rely on the combination of Global Bioenergies’ bio-isobutene process and the industrialist’s proprietary technology. Such combination, which reached early […]
