In Nevada, Growth investment firm Next Phase Capital recently announced an investment in Forge Industries. Next Phase Capital co-led the $3.85 million funding round alongside 8090 Industries, with the two contributing the majority of new capital raised. The funding will support the development of Forge’s first U.S. biofuel facility outside of Las Vegas this year. Founded […]
In California, Aemetis announced that its ethanol and renewable natural gas subsidiaries have received funds from the sales of $18 million of Section 45Z Clean Fuel Production Tax Credits. The sales include a $6 million tax credit generated by 2025 ethanol production and $12 million in tax credits generated by year-to-date 2026 ethanol and renewable […]
In Australia, GrainCorp has released a new white paper highlighting Australia’s readiness to build a domestic SAF industry, as the Australian Government prepares to consult on a demand-side measure to stimulate investment in refining capacity. Titled From Paddock to Plane: Feedstock White Paper, the white paper sets out a clear and practical pathway for Australia […]
In France, Michelin ResiCare and Axens announced they have entered exclusive discussions toward a strategic partnership around an innovative production technology for 5-Hydroxymethylfurfural (5-HMF), a key molecule for green chemistry. This partnership aims to accelerate the large-scale industrialization and rollout of a bio-based solution, addressing the growing decarbonization needs of the chemical and materials industries, […]
In Japan , IBT reported that Mitsubishi Gas Chemical said that it had signed an agreement with India’s ACME Group to purchase green methanol, securing annual offtake of about 100,000 metric tons from a project in Odisha state, in India, from 2030. Mitsubishi Gas Chemical will become a major offtaker from the green methanol project […]
In the UK, Fuel Cell Works reported that Vema Hydrogen announced a memorandum of understanding (MOU) with SAF+ International Group (SAF+IG), an international developer of sustainable aviation fuel. Under the terms of the deal, Vema will supply more than 4,000 tons per year of hydrogen beginning in approximately 2028 from its Quebec Engineered Mineral Hydrogen […]
In Azerbaijan, AzerNews reported that SOCAR Türkiye and Pegasus Airlines have signed a cooperation agreement to advance the development of SAF, marking a significant step toward supporting the decarbonization of Türkiye’s aviation sector,. According to SOCAR Türkiye, the agreement is aimed at accelerating the energy transition in aviation and promoting lower-carbon air transport. Under the […]
In India, Future Market Research reported that the UK biobased biodegradable plastic market is projected to increase from $0.59 billion in 2026 to $1.54 billion by 2036, registering a 10% CAGR during the forecast period from 2026 to 2036. The report noted that the market is entering a new phase of commercial expansion as regulatory […]
In Indonesia, Kompass reports PT Pertamina (Persero) and Boeing signed a memorandum of understanding (MoU) to explore the development of sustainable aviation fuel (SAF) ecosystems in Indonesia. The MoU is part of efforts to support the decarbonization of the aviation sector and the acceleration of the energy transition to Net Zero Emission (NZE). Indonesia continues […]
In Australia, Queensland is boosting its fuel security with an A$18.56 million investment to support a new biofuels project in Brisbane. The funding, through the Crisafulli Government’s landmark A$180.6 million Sovereign Industry Development Fund, will enable Wildfire Energy to support the development of the Bulwer Island Biofuels Hub in Brisbane. The project will support the commercial […]
