In Minnesota, NatureWorks recently announced the historic financial support from Krungthai Bank PCL to optimize the capital structure for the new fully-integrated Ingeo PLA manufacturing facility in Thailand. The financing from Krungthai Bank, Thailand’s third largest bank, amounting to $350 million, is one of the singular largest loans in the bank’s decades-long history and shows confidence […]
In Japan, erex Co., Ltd. has signed an MOU with Lào Cai Province, Vietnam, regarding the development consideration of newly-built biomass power generation projects and cooperative relationship in the Tang Loong Industrial Area in Bao Thang District. An exchange ceremony regarding this MOU was held between the Company and Lào Cai Province at the Vietnam […]
In Finland, Neste has further expanded its capability to supply sustainable aviation fuel to customers in Europe in cooperation with VTTI, a global leader in energy storage and developer of energy infrastructure. Neste commissioned terminal capacity at VTTI’s ETT terminal in Rotterdam, the Netherlands, for the storage and blending of Neste MY Sustainable Aviation Fuel™. […]
In Singapore, NYK Bulkship (Asia) Pte. Ltd. (“NBAsia”) commenced its first shipment of sustainable aviation fuel (SAF). The SAF left Singapore on an MR-type product tanker and will be unloaded at the port of Los Angeles and San Francisco, the United States and delivered to the airports in the region. On 15 previous voyages, NBAsia […]
In Brazil, Raízen inaugurated last Friday its new Second Generation Ethanol plant at the Bonfim Bioenergy Park, in Guariba (SP). With an investment of R$1.2 billion, the company’s second cellulosic ethanol plant is the largest in the world and has 80% of the volume already contracted with a production capacity of 82 million liters per […]
In Singapore, X-Press Feeders along with the Maritime and Port Authority of Singapore and PSA Singapore achieved a historic milestone towards sustainable shipping with the arrival in Singapore and successful refuelling of X-Press Feeders’ first dual-fuel vessel. This vessel, the first to dock and refuel with green methanol in the Port of Singapore, underlines the […]
In Sweden, Gasum and Scania opened a groundbreaking biogas filling station on May 27 in Södertälje. Cementing the commitment of stakeholders within the transportation sector and fostering political interest, the inauguration showcased the urgent need for innovative, sustainable solutions, advocating the indispensable role of biogas as the linchpin in achieving nationwide emission reduction targets and […]
In the UK, Royal Mail has hit its first milestone in its rollout of Hydrotreated Vegetable Oil (HVO) to fuel its heavy goods vehicle (HGV) fleet, using over 10 million liters and saving over 30,000 tons of carbon dioxide equivalent. HVO is a renewable alternative to diesel that reduces up to 90 per cent of […]
In Germany, Insempra recently announced the successful completion of a $20 million Series A financing round. Following an initial $15m seed round conducted in 2021, this financing round will enable Insempra, to continue building a technology platform that delivers high-performance, intrinsically sustainable ingredients for a wide range of industries, while supporting the company in the […]
In Denmark, Vestas said it will pilot SAF at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The pilot project entails Vestas technicians and jack-up vessel crew using helicopters partly powered by SAF to transport themselves to and from the Baltic Eagle wind farm during the construction phase of 50 offshore wind […]
