Category: Fuels

Rengo to invest $113M in construction waste-to-ethanol for SAF feedstock

Rengo to invest $113M in construction waste-to-ethanol for SAF feedstock

February 19, 2024 |

In Japan, the Nikkei newspaper reports Rengo plans to invest $133 million in ethanol production from construction waste as feedstock by 2027 to create a feedstock supply for sustainable aviation fuel. Japan aims for 10% SAF consumption by 2030. The idea is to produce the ethanol 20 million liters of ethanol per year via Rengo […]

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Irish Bioenergy Association publishes guide to Specified Biomass Harvesting

Irish Bioenergy Association publishes guide to Specified Biomass Harvesting

February 19, 2024 |

In Ireland, the Irish Bioenergy Association (IrBEA) has published a guide to Specified Biomass Harvesting (SBH) as part of sustainable forest management. Ireland has grown a significant forest resource over the past century since independence, with much of this forest resource now reaching harvest stage. Maximizing the value of this harvest, while protecting the forest […]

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Cathay United Bank closes green trade loan with Apeiron Bioenergy

Cathay United Bank closes green trade loan with Apeiron Bioenergy

February 19, 2024 |

In Singapore, Cathay United Bank (CUB) Singapore Branch saw its long-term commitment to green finance bear fruit in the final quarter last year after it closed a green trade loan deal with Apeiron Bioenergy (Apeiron), a leading player in Singapore’s sustainable energy sector. The entire loan proceeds will support Apeiron’s procurement of used cooking oil (UCO) […]

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123Carbon teams with MOL for carbon insetting project

123Carbon teams with MOL for carbon insetting project

February 19, 2024 |

In Japan, 123Carbon announced its collaboration with TOKYO-Mitsui O.S.K Lines, Ltd (MOL) on a carbon insetting pilot project that will allow its customers to reduce their Scope 3 emissions. MOL is the first shipping company in the APAC region to issue carbon insets on the 123Carbon registry, after completing its robust issuance process, supported by […]

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Virentis Advisors recently closed $55M of Qualified Biogas Property ITC value

Virentis Advisors recently closed $55M of Qualified Biogas Property ITC value

February 19, 2024 |

In Wisconsin, Virentis Advisors announced several successful RNG tax credit transfer transactions that have recently closed, totaling over $55 million of Qualified Biogas Property ITC value. These include: ·      Food waste to RNG and fertilizer facility whose ITC was sold to an investment grade corporate buyer ·      Dairy manure to RNG facility whose ITC was […]

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LG Chem, CJ CheilJedang ink partnership to produce biobased nylon

LG Chem, CJ CheilJedang ink partnership to produce biobased nylon

February 18, 2024 |

In South Korea, The Korea Herald reported that LG Chem will work together with food company CJ CheilJedang to produce biobased nylon. LG Chem said the two companies signed a deal to establish a joint venture that will produce ingredients and biobased nylon products. “It has not been determined yet, but the two companies are […]

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Novina to replace three million liters of diesel with biofuels

Novina to replace three million liters of diesel with biofuels

February 18, 2024 |

In Finland, Novina said it is transitioning to a new type of fuel, replacing three million liters of diesel with biofuel in close cooperation with Helsinki Regional Transport (HSL). In a comparison between traditional diesel and biodiesel, this transition will yield an 80% reduction in total carbon dioxide emissions in Helsinki in one year alone, […]

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NACS, NATSO and SIGMA urge Sen. Carper to back corn ethanol boost

NACS, NATSO and SIGMA urge Sen. Carper to back corn ethanol boost

February 18, 2024 |

In Virginia, NACS, NATSO, representing America’s Travel Centers and Truckstops, and SIGMA: America’s Leading Fuel Marketers sent a letter to Senator Tom Carper (D-DE), chairman of the Committee on Environment and Public Works, urging him to drop his opposition to the year-round sales of higher ethanol fuel blends. “If enacted, such legislation would allow for […]

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Tobu Railway tested biofuel for coal-fired steam locomotives in eastern Japan

Tobu Railway tested biofuel for coal-fired steam locomotives in eastern Japan

February 18, 2024 |

In Japan, Kyodo News reported that Tobu Railway Co., the operator of coal-fired steam locomotives in the tourist spot of Nikko in eastern Japan is trialing a biofuel as a way to cut its carbon dioxide emissions. Tobu Railway Co. said it started the trial, set to last around one year, on January 31, partially […]

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Covestro claims world’s first pilot plant for biobased aniline

Covestro claims world’s first pilot plant for biobased aniline

February 18, 2024 |

In Germany, Covestro said it is moving forward with the implementation of a unique process for producing the important chemical aniline entirely based on plant biomass instead of petroleum for the first time.  At its Leverkusen site, the firm has now put a special pilot plant into operation for this purpose. Initially, large quantities of […]

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