In India, research firm Maximize Market Research reported that the Waste To Energy Market is expected to reach a value of $63.1 billion by 2030, up from a market value of $35.2 billion in 2023. The reported noted that the market is forecast to expand at a CAGR of 8.68% in the 2023-2030 period. “The […]
In Bulgaria, Renewables Now reported that private equity firm Ara Partners said it has acquired a majority stake in USD Clean Fuels LLC (USDCF), a Houston, Texas-based developer of terminal infrastructure for renewable fuel feedstocks and biofuels. According to the report, the deal involves the acquisition of the West Colton Rail Terminal, an operational biofuels […]
In China, Bio Market Insight reported that Mars China has unveiled a new SNICKERS bar that comes in packaging made from a mono polypropylene (PP) material, designed with recycling in mind. Unlike traditional flexible packaging, which consists of multiple layers of different materials and poses challenges for recycling, mono-material flexible packaging is composed of a […]
In Iowa, Agrinews reported that the Iowa Corn 350 Powered by Ethanol NASCAR race will showcase the performance of ethanol. “I am pleased to share with the NASCAR family, why choosing higher blends of ethanol benefits everyone,” said Stan Nelson, a farmer from Middletown and the Iowa Corn Promotion Board president. “We can make a […]
In Argentina, TN reported that a report by the Rosario Grain Exchange stated that the production of ethanol production was expected to decline by 1% year-on-year in 2023 after three consecutive years of growth. Last year, this industry reached a record production of 1.16 million cubic meters. “This fall is far from being catastrophic, with […]
In Brazil, Petro Noticias reported that according to growth estimates from the National Corn Ethanol Union (UNEM), corn ethanol production in Brazil is expected to reach 11 billion liters in the 2030/31 campaign, up from the 6.5 billion liters in 2023/24. “Even with favorable future prospects, the profitability scenario of the Brazilian corn ethanol industry […]
In the Netherlands, Offshore Energy reported that trade and employer association Danish Shipping said that more than half of new vessels currently being built for Danish shipping companies will be able to sail on green fuels. Danish shipping companies currently have 67 new ships in the order book, which will be delivered from shipyards around […]
In Argentina, Infobae reported that the Ministry of Energy authorized an increase in biofuels prices of between 28.5% and 34.4%, which will result in greater pressure on the value of gasoline and diesel. The law obliges local oil companies to buy biofuels to blend with gasoline and diesel. According to the rules published by the […]
In Cambodia, the Phnom Penh Post reported that six Chinese companies have expressed interest in establishing cashew processing plants in Cambodia, with one specializing in producing Cashew Nut Shell Liquid (CNSL), according to the Cashew Nut Association of Cambodia (CAC). According to the report, CNSL can be transformed into a cost-effective biofuel. Uon Silot, president […]
In China, Xinhua reported that ethanol production equipment with an annual output of 600,000 tons went into trial last week in Huaibei City, in east China’s Anhui Province. The equipment can convert coke oven gas into ethanol, according to the report. The equipment was jointly developed by the Dalian Institute of Chemical Physics (DICP) under […]
