Category: Fuels

SIPG, Evergreen ink green methanol fuel supply deal

SIPG, Evergreen ink green methanol fuel supply deal

December 23, 2023 |

In China, Xinde Marine News reported that Shanghai International Port Co., Ltd. (SIPG) and Evergreen Marine Corp. signed a Memorandum of Understanding on green methanol fuel supply to ships in the Port of Shanghai. According to the agreement, SIPG will provide green methanol procurement, supply and refueling services for Evergreen’s dual-fuel methanol ships which will […]

Read More

Neste welcomes French ambition for transport sector renewable energy increase

Neste welcomes French ambition for transport sector renewable energy increase

December 23, 2023 |

In Finland, Neste welcomed the French government and Senate’s decision to increase the share of renewable energy within the overall energy consumption of the transport sector.  In January 2024, the required minimum share of renewable energy will increase from 8.6% to 9.2% to further accelerate greenhouse gas emission (GHG) reductions in the transport sector.  “The […]

Read More

Bain-backed biofuels refiner partners with Chinese firm to source feedstock

Bain-backed biofuels refiner partners with Chinese firm to source feedstock

December 23, 2023 |

In China, Reuters reported that Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand. The agreement between Hong Kong-based EcoCeres and Shenzhen Expressway Group, which handles more than 2.5 million […]

Read More

CoBank predicts solid 2024 For US biofuels industry

CoBank predicts solid 2024 For US biofuels industry

December 23, 2023 |

In North Dakota, Ethanol Producer Magazine reported that CoBank’s Knowledge Exchange released a report that predicts that both ethanol producers and soybean crushers will benefit from rising demand for biofuels in 2024.  “The biofuel sector at large carries the momentum of historically large profit margins into the new year,” CoBank wrote in the report. With […]

Read More

Suedzucker seeks to delist CropEnergies

Suedzucker seeks to delist CropEnergies

December 21, 2023 |

In Germany, Reuters reports that Suedzucker has offered a nearly 70% premium to purchase the outstanding 25.94% of CropEnergies that it does not own in an effort to delist the company through 100% ownership. Suedzucker says that it has taken the decision based on its 2026 PLUS growth strategy, which is centered on biobased chemicals. […]

Read More

Egypt teaming with ACWA Power on $4B green hydrogen project near the Suez Canal

Egypt teaming with ACWA Power on $4B green hydrogen project near the Suez Canal

December 21, 2023 |

In Egypt, the Prime Minister held a meeting on Wednesday at the government headquarters in the New Administrative Capital to discuss the timeline for a new green hydrogen project in the Suez Canal Economic Zone (SCZone). The project will be carried out by the Saudi company “ACWA Power” and will require investments exceeding $4 billion.  […]

Read More

Esso Nederland to build pilot carbonate fuel cell plant with FuelCell Energy

Esso Nederland to build pilot carbonate fuel cell plant with FuelCell Energy

December 21, 2023 |

In the Netherlands, ExxonMobil’s affiliate Esso Nederland BV plans to build a pilot plant at its Rotterdam Manufacturing Complex to test a breakthrough technology that could significantly reduce CO2 emissions from key industries. The pilot plant aims to obtain data on performance and operability of the carbonate fuel cell (CFC) technology, jointly developed with FuelCell […]

Read More

Indonesia’s transition to B40 seen shifting palm oil demand for food

Indonesia’s transition to B40 seen shifting palm oil demand for food

December 21, 2023 |

In Indonesia, Bloomberg Technoz reports the Indonesian Biofuel Producers Association (Aprobi) said that the high demand for crude palm oil (CPO) as raw material for biodiesel will shift the need for food, especially after B40 is tested in 2024. However, Aprobi Chairman Paulus Tjakrawan said that entrepreneurs are not worried that the high demand for […]

Read More

Czech rail company testing HVO in 2024 and 2025

Czech rail company testing HVO in 2024 and 2025

December 21, 2023 |

In the Czech Republic, České dráhy will start testing diesel fuel with increased content of sustainable biofuel based on hydrogenated vegetable oil (HVO) in new 847 class diesel units supplied by Pesa Bydgoszcz. The partner of this project in the field of fuel research and supplies is ORLEN Unipetrol. The aim of the joint research […]

Read More

ANP makes Dynamic Methanol Monitoring Panel available to the public

ANP makes Dynamic Methanol Monitoring Panel available to the public

December 21, 2023 |

In Brazil, ANP made the Dynamic Methanol Monitoring Panel available. The tool aims to make public the data that the Agency uses to monitor movements of this type of solvent and identify possible signs of diversion of the product for irregular purposes (such as, for example, the adulteration of fuels). Internally, this data was already […]

Read More

}