Category: Fuels

HD Hyundai Oilbank expands portfolio with biofuels

HD Hyundai Oilbank expands portfolio with biofuels

December 8, 2024 |

In Korea, the Korea Times reported that HD Hyundai Oilbank’s biofuel business is achieving important milestones to meet increasingly complex market demands. The refiner said it completed Korea’s first biodiesel plant utilizing supercritical fluid technology in April, with commercial operations now underway. The facility aims to produce 130,000 tons of biodiesel annually, according to the […]

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Port of Tanjung Pelepas completes first methanol bunkering operation

Port of Tanjung Pelepas completes first methanol bunkering operation

December 8, 2024 |

In the Netherlands, Offshore Energy reported that the Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals, has completed the first methanol bunkering operation for a Maersk dual-fuel methanol container vessel. PTP’s Chairman, Tan Sri Che Khalib Mohamad Noh, said: “This successful methanol bunkering operation demonstrates PTP’s readiness and capability […]

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BASF expands sustainable product portfolio at its Lemförde site

BASF expands sustainable product portfolio at its Lemförde site

December 8, 2024 |

In Germany, BASF said it has completed the certification program International Sustainability and Carbon Certification (ISCC) PLUS at its production site in Lemförde, Germany to produce biomass-balanced thermoplastic polyurethanes.  Also, the annual recertification according to REDcert2 was successfully completed for numerous thermoplastics and polyurethane systems. This allows BASF to expand its sustainable product portfolio and […]

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Waste to energy market to reach 63.11 billion by 2030, research finds

Waste to energy market to reach 63.11 billion by 2030, research finds

December 8, 2024 |

In India, Maximize Market Research reported that the global waste to energy market size is expected to reach a value of $63.1 billion by 2030. The market, which reached a value of $35.2 billion last year, is forecast to expand at a CAGR of 8.68% from 2024 to 2030. “The waste to energy market dynamics […]

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STX Group announces the acquisition of Marine Olie

STX Group announces the acquisition of Marine Olie

December 8, 2024 |

In the Netherlands, STX Group announced the acquisition of Marine Olie, a trader of waste-based advanced feedstocks.  “The biofuels market is one of the largest environmental commodity markets globally and will play a significant role in decarbonizing the shipping, road, industry and heating sectors. The availability of reliable waste-based ‘advanced’ feedstocks will therefore be a […]

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Ethanol exports fell 3% in October

Ethanol exports fell 3% in October

December 5, 2024 |

In Washington, the Renewable Fuels Agency says U.S. ethanol exports eased 3% in October to 143.5 million gallons (mg), reflecting significant market fluctuations and a heavy concentration of shipments to two primary destinations. Canada maintained its status as the leading export market for the 43rd consecutive month, despite a 22% reduction in shipments. Exports to Canada totaled […]

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GCMD worked with VPS to fingerprint FAME as it fights questions over origins

GCMD worked with VPS to fingerprint FAME as it fights questions over origins

December 5, 2024 |

In Singapore, the shipping sector is increasingly using biofuels, such as Fatty Acid Methyl Esters (FAME), to reduce its GHG emissions. However, concerns have arisen regarding the legitimacy of biofuels and whether they are truly sustainable. Industry bodies are seeing a rising number of cases mislabelling biofuels purported to be made from recycled oils and […]

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Ethanol production calls on the back of Thanksgiving week

Ethanol production calls on the back of Thanksgiving week

December 5, 2024 |

In Washington, Brownfield Ag News reports ethanol production levels were hit by Thanksgiving week last week, dropping by production by 46,000 barrels per day to an average of 1.073 million. Even so, ethanol stocks continue to grow as they reached a five-week high of 23 million barrels. Ethanol exports remain about half as much again […]

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Solvay inaugurates advanced biodigester in Mexico

Solvay inaugurates advanced biodigester in Mexico

December 5, 2024 |

In Mexico, Solvay inaugurated an advanced biodigester at its Ciudad Juarez production site in Mexico. This energy transition project will generate biomethane from organic waste processed locally, replacing part of the natural gas needed to power the site’s boiler and kiln operations. Developed by Franco y Asociados, the initiative will reduce the site’s CO2 emissions by […]

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Reporter Brasil calls out continued slavery used in Brazilian sugarcane industry

Reporter Brasil calls out continued slavery used in Brazilian sugarcane industry

December 5, 2024 |

In Brazil, Reporter Brasil reports LanzaJet will use mainly Brazilian raw materials and will require its suppliers to obtain sustainability certification. However, among the companies that have been awarded the seal, there are at least two plants involved in recent scandals involving the use of slave labor. The cases are covered in the report “Enslaved […]

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