Category: Fuels

bluShift Aerospace raises $1.3M in seed round

bluShift Aerospace raises $1.3M in seed round

June 4, 2024 |

In Maine, bluShift Aerospace raised $1.3M in a seed round, led by Houston-based Late Stage Capital, with participation from Maine Technology Institute. The private investment round is further amplified by a $1M matching Federal SBIR grant. Capitalizing on its strong commercial trajectory, bluShift will use the funding to accelerate launch offerings in the orbital and […]

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Bangchak to buy more B100 to support palm oil prices

Bangchak to buy more B100 to support palm oil prices

June 4, 2024 |

In Thailand, the Bangkok Post newspaper reports Bangchak is looking to procure B100 in an effort to help support palm oil prices, at the request of the Department of Internal Trade. The ministry will set the price that BBGI will pay for the crude palm oil, prices which will be aligned with palm oil prices, […]

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Fluid Quip Technologies integrates DCO technology at Chippewa Valley Ethanol Company

Fluid Quip Technologies integrates DCO technology at Chippewa Valley Ethanol Company

June 4, 2024 |

In Iowa, Fluid Quip Technologies (FQT) proudly announces the integration of its groundbreaking Distillers Corn Oil (DCO) Technology at the Chippewa Valley Ethanol Company (CVEC) in Benson, Minnesota. This innovative technology promises to deliver an average 20% increase in distillers corn oil yields and reduce energy costs through enhanced solids control in evaporators. FQT’s DCO […]

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Oman’s SOHAR Port to start bunkering B20 for tug boats

Oman’s SOHAR Port to start bunkering B20 for tug boats

June 4, 2024 |

In Oman, the Ministry of Transport, Communications and Information Technology, in collaboration with its strategic partners in Omani ports, is working towards developing strategic plans to transition to green mobility and achieve carbon neutrality in Oman by 2050. SOHAR Port has announced that it has become one of the first ports in the Middle East […]

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European Commission begins developing hydrogen market pilot

European Commission begins developing hydrogen market pilot

June 4, 2024 |

In Belgium, the European Commission is taking further steps to support the development of the European hydrogen market by launching work on a pilot mechanism. The new mechanism was created under the recently-adopted decarbonized gases and hydrogen package, and aims to accelerate investments by providing a clearer picture of the market situation of both off-takers […]

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Cellugy raises $5.3M seed funding

Cellugy raises $5.3M seed funding

June 4, 2024 |

In Denmark, Cellugy has raised €4.9M in seed funding to scale up production of its EcoFLEXY dry cellulose product to industrial volumes. The round was led by Germany’s ICIG Ventures and Denmark’s Unconventional Ventures, with new, U.S.-based investor Joyance Partners joining the round, along with existing investors PSV DeepTech, The Footprint Firm, and EIFO.   […]

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BASF sells bioenergy enzymes business to Lallemand’s subsidiaries

BASF sells bioenergy enzymes business to Lallemand’s subsidiaries

June 3, 2024 |

In California, BASF has sold its bioenergy enzymes business based in San Diego to Lallemand’s subsidiaries, Danstar Ferment AG and Lallemand Specialties Inc. This includes the Spartec® product portfolio and related technologies in development. Lallemand will integrate the business and associated employees in its Lallemand Biofuels & Distilled Spirits (LBDS) business unit. As of June […]

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Babcock & Wilcox to begin work on BECCS project for NorthStar Clean Energy

Babcock & Wilcox to begin work on BECCS project for NorthStar Clean Energy

June 3, 2024 |

In Ohio, Babcock & Wilcox has been granted a limited notice to proceed (LNTP) by NorthStar Clean Energy to begin work on a Bioenergy with Carbon Capture and Storage (BECCS) conversion of a former coal-fired power plant in Filer City, Mich., using B&W’s biomass SolveBright™ post-combustion carbon dioxide (CO2) capture technology. B&W is working with […]

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Praj delivers first grain-based plant in Brazil and starts engineering on another

Praj delivers first grain-based plant in Brazil and starts engineering on another

June 3, 2024 |

In Brazil, the Financial Express newspaper reports Praj has delivered its first grain-based ethanol plant in the country for Fermap Industria De Alcool in Ipiranga do Norte, Mato Grosso while it is currently in the engineering phase for a plant for Be8. The Fermpa facility will produce 63,000 liters of ethanol per day from corn […]

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Argus launches freight rates for biofuels and feedstocks

Argus launches freight rates for biofuels and feedstocks

June 3, 2024 |

In the UK, Argus recently launched freight rates for biofuels and biofuels feedstocks in response to growing demand for price transparency in the energy transition fuel supply chain. The 60 new Argus weekly assessed “specialized” rates cover biofuels and biofuels feedstocks. These include biodiesel, hydrogenated vegetable oil (HVO), ethanol, sustainable aviation fuel (SAF), palm oil, […]

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