Category: Fuels

Raizen first to export sugarcane ethanol to US for SAF production

Raizen first to export sugarcane ethanol to US for SAF production

April 22, 2024 |

In Brazil, Bloomberg reports that Raizen was the first to reach the holy grail: access to the US’s sustainable aviation fuel market. The company sent a cargo of sugarcane-based ethanol to the US as SAF feedstock in March, with Datagro data confirming 25,000 liters went to Savannah, Georgia near LanzaJet’s SAF facility. Lanzajet says it […]

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Elemental Clean Fuels and Cariboo Low Carbon Fuels team up on hydrogen and RNG in Western Canada

Elemental Clean Fuels and Cariboo Low Carbon Fuels team up on hydrogen and RNG in Western Canada

April 22, 2024 |

In Canada, next-generation clean fuels hubs will advance the production and distribution of low-carbon fuels like hydrogen and renewable natural gas in Western Canada as part of a new partnership between Elemental Clean Fuels and Cariboo Low Carbon Fuels. Leveraging their respective expertise and resources, both companies have joined forces as Cariboo Clean Fuels Inc. […]

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Ecoceres to start new 350,000 TPY biofuel facility in Malaysia in 2025

Ecoceres to start new 350,000 TPY biofuel facility in Malaysia in 2025

April 22, 2024 |

In Malaysia, Reuters reports that Ecoceres will start its second biofuel facility during the second half of next year, producing 220,000 tpy of sustainable aviation fuel and 130,000 tpy of hydrotreated vegetable oil from used cooking oil and palm oil mill effluent. The company is already operating a smaller 260,000-tpy biofuels facility in China that […]

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PostNL adds 4M liters ofo HVO100 to its European diesel network

PostNL adds 4M liters ofo HVO100 to its European diesel network

April 22, 2024 |

In the Netherlands, PostNL and its subsidiary Spring GDS will be adding around four million litres of HVO100 to Europe’s diesel network as of Monday. It’s an important next step towards a cleaner and more sustainable logistics sector, as it ensures some 12 kilotonnes less carbon ends up in the environment every year – equivalent […]

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Peninsula supplies Zeebrugge’s first biobunker with B30 for NYK ship

Peninsula supplies Zeebrugge’s first biobunker with B30 for NYK ship

April 22, 2024 |

In Belgium, Peninsula successfully conclued the first B30 biofuel supply deal in Zeebrugge, Belgium, in collaboration with the Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK). The deal, which marks a significant milestone in sustainable fuel distribution, saw the delivery of 1,200 metric tons of B30. The delivery, executed on March 24, 2024, involved the […]

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Argus includes ARA SAF prices on its price discovery platform

Argus includes ARA SAF prices on its price discovery platform

April 22, 2024 |

In the UK, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. SAF trade at the key ARA hub is growing quickly as stricter emissions reduction targets around the world drive rising aviation demand for this fuel, which […]

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Nordic Bioproducts Group signs MOU with PTT for use of cellulosic fibers in bioplastic

Nordic Bioproducts Group signs MOU with PTT for use of cellulosic fibers in bioplastic

April 22, 2024 |

In Finland, Nordic Bioproducts Group (NBG), a biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of Understanding (MOU) with PTT MCC Biochem Company Limited (PTT MCC) headquartered in Bangkok, Thailand. The partnership marks a significant milestone in the advancement of bioplastic technology and includes, for example, PTT MCC […]

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Cepsa, Evos join forces to promote the storage of green methanol in Spain and The Netherlands

Cepsa, Evos join forces to promote the storage of green methanol in Spain and The Netherlands

April 19, 2024 |

In Spain, Cepsa has signed an agreement with Evos, a liquid energy and chemical products storage company with several centers in strategic locations in Europe, to allow the storage of green methanol, which Cepsa will produce, at Evos facilities in Algeciras and Rotterdam.  The collaboration, which also provides for the storage of green ammonia at […]

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HD Hyundai Oilbank starts operation of new biodiesel plant

HD Hyundai Oilbank starts operation of new biodiesel plant

April 19, 2024 |

In South Korea, The Korea Times reported that HD Hyundai Oilbank has started production at its biodiesel plant with an annual capacity of 130,000 tons. To expand the use of biodiesel, the government of South Korea decided to increase the current mandatory blending ratio of 4 percent to 8 percent by 2030 under its renewable […]

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Bcomp closes $40 million Series C funding

Bcomp closes $40 million Series C funding

April 19, 2024 |

In Switzerland, Bcomp announced it has completed a $40 million Series C investment funding round.  The round was led by EGS Beteiligungen AG (EGSB), a major Swiss institutional investor focused on growth-stage companies. Verve Ventures, Zürcher Kantonalbank, and RKKVC are additional new investors, the firm said. The funding round also saw a group of Series […]

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