Category: Fuels

Chevron New Energies leads $45M Series A financing for ION

Chevron New Energies leads $45M Series A financing for ION

April 8, 2024 |

In Texas, Chevron New Energies (CNE) announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45 million in Series A financing led by CNE. The capital raised will continue to fund ION’s organizational growth and commercial […]

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Reliant Processing opens new plant in Carrollton Missouri

Reliant Processing opens new plant in Carrollton Missouri

April 8, 2024 |

In Missouri, Reliant Processing, Ltd announced the startup of its newest Liquid CO2 plant, strategically located in Carrollton, Missouri, in partnership with Show Me Ethanol LLC. This new facility continues to demonstrate Reliant Holdings’ commitment to innovation, sustainability, and excellence in the industrial gases industry. The grand opening of the Liquid CO2 plant will support […]

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World Fuel Services to supply 5.15M liters of SAF to UK’s Ministry of Defence

World Fuel Services to supply 5.15M liters of SAF to UK’s Ministry of Defence

April 8, 2024 |

In the UK, World Fuel Services will supply the United Kingdom Ministry of Defence (UK MOD) with a further 5,150,000 liters (5,150m3) of aviation fuel. The supplied fuel is blended with approximately 40% Sustainable Aviation Fuel (SAF), sourced from Neste, with the renewable part of the feedstock being produced from Used Cooking Oil (UCO), or […]

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Stockholm Exergi gets environmental permits to build one of Europe’s largest BECCS facilities

Stockholm Exergi gets environmental permits to build one of Europe’s largest BECCS facilities

April 8, 2024 |

In Sweden, Stockholm Exergi recently received permission to build one of Europe’s first large-scale facilities for capturing carbon dioxide through bio-CCS (Bio-energy with Carbon Capture and Storage) in Värtahamnen, Stockholm following approval for the environmental permits from the Land and Environmental Court. In March 2023, Stockholm Exergi submitted its application to the Land and Environmental […]

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Borealis and AKVA Group build workboat hull from renewable plastic

Borealis and AKVA Group build workboat hull from renewable plastic

April 8, 2024 |

In Norway, Borealis and AKVA Group announced a breakthrough in sustainable aquaculture: a workboat hull constructed from renewable plastic. The boat will be unveiled in Mo i Rana, Norway, in Spring 2024, marking a significant step forward for circularity in marine technology. Using Borealis’ portfolio of renewable polyolefins, AKVA group can now offer these boats […]

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AI is Accelerating Materials Science Discovery and Synthesis Exponentially

AI is Accelerating Materials Science Discovery and Synthesis Exponentially

April 7, 2024 |

By Kent Goeking, Managing Director, LEC Partners Special to The Digest One of the key barriers to the economic and technical success of many advanced energy technologies is the sub-optimum performance of critical inorganic materials used as catalysts, electrodes, dielectrics, and photovoltaics.  Oxide materials in particular, such as metal oxides, perovskites, piezoelectrics, and ferroelectrics, offer […]

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HMM to collaborate with SIPG on clean marine fuel supply

HMM to collaborate with SIPG on clean marine fuel supply

April 5, 2024 |

In The Netherlands, Offshore Energy reported that South Korean shipping company HMM and Shanghai International Port Group (SIPG), the exclusive operator of all the public terminals in China’s Port of Shanghai, have signed a memorandum of understanding (MoU) to collaborate on clean marine fuel supply, specifically focused on bunkering methanol and LNG at Shanghai port. […]

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Global green diesel market to reach $ 93.05 billion by 2033, study finds

Global green diesel market to reach $ 93.05 billion by 2033, study finds

April 5, 2024 |

In New York, Spherical Insight reported that the global green diesel market is expected to grow from $ 29.43 billion in 2023 to $ 93.05 billion by 2033. The report noted that the market is forecast to expand at a Compound Annual Growth Rate (CAGR) of 12.20% during the period. “North America is dominating the […]

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Hyosung to spend $1 billion to convert sugar into biobased BDO

Hyosung to spend $1 billion to convert sugar into biobased BDO

April 5, 2024 |

In South Korea, c&en reported that Hyosung, the world’s largest maker of spandex fibers, plans to spend $1 billion on a site in Vietnam that will use Genomatica’s fermentation technology to convert sugar into 1,4-butanediol (BDO), a spandex precursor that’s typically made from coal or natural gas. According to the report, Hyosung plans to produce […]

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Phillips 66 announces major milestone in production of renewable diesel

Phillips 66 announces major milestone in production of renewable diesel

April 5, 2024 |

In Texas, Phillips 66 announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel. The firm noted that the Rodeo Renewed project has progressed, with the facility now processing only renewable feedstocks and producing approximately 30,000 barrels per day of […]

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