Category: Fuels

Nature Coatings lands $2.45M Seed funding round

Nature Coatings lands $2.45M Seed funding round

August 21, 2023 |

In California, Nature Coatings recently announced the successful completion of an oversubscribed $2.45 million Seed funding round. The investment round was led by Regeneration.VC and The 22 Fund, with participation from actor and environmentalist Leonardo DiCaprio, Safer Made, and Portfolia. This significant investment follows the highly successful launch of Nature Coatings’ flagship product, BioBlack TX, […]

Read More

Conagen and Sumitomo Chemical develop bio-based HS and PHS

Conagen and Sumitomo Chemical develop bio-based HS and PHS

August 21, 2023 |

In Massachusetts, Conagen and Sumitomo Chemical have announced to jointly develop p-hydroxystyrene (HS) and its polymer, poly p-hydroxystyrene (PHS), using a combination of biosynthesis, chemosynthesis and polymerization. The monomer and the polymer are 100% renewable carbon, marking a new era of sustainable production. With renewable biomass as the starting material, this joint development between Conagen […]

Read More

ScanOcean to sell Neste’s marine fuel in Sweden

ScanOcean to sell Neste’s marine fuel in Sweden

August 18, 2023 |

In Finland, Neste and ScanOcean have brought Neste’s marine fuel enabling lower greenhouse gas (GHG) emissions to the Swedish market.  The companies said that the first shipment of nearly 600,000 liters is now available at the Södertälje terminal for vessels bunkering in the Stockholm area as well as those in transit to Lake Mälaren.  “We […]

Read More

Yield10 Bioscience shows progress for biofuels production using Camelina

Yield10 Bioscience shows progress for biofuels production using Camelina

August 18, 2023 |

In Massachusetts, Yield10 Bioscience, an agricultural bioscience company, said that the firm demonstrated significant progress toward building a value chain for broadly commercializing Camelina as a platform crop to produce low-carbon intensity feedstock oil for the biofuel market during the first half of the year. Oliver Peoples, President and Chief Executive Officer of Yield10, said: […]

Read More

GluECO Adhesives earns USDA Certified Biobased Product Label with 98% biobased content

GluECO Adhesives earns USDA Certified Biobased Product Label with 98% biobased content

August 18, 2023 |

In Massachusetts, GluECO Adhesives announced that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for BondAmaize adhesives. BondAmaize has been certified as containing 98% biobased content, the firm said. The BondAmaize products can now display a unique USDA label that highlights its percentage of biobased content. Third-party verification for a […]

Read More

Brazilian grain firm begins sales of soybean-based ethanol 

Brazilian grain firm begins sales of soybean-based ethanol 

August 18, 2023 |

In Brazil, AGWeb reported that Brazilian food and fuel processor Caramuru Alimentos, one of the country’s largest grain crushers, has started selling soybean-based ethanol at one of its plants in center-western Brazil.  The report noted that Caramuru is one of the first companies in the world to produce at scale and sell hydrous ethanol made […]

Read More

Wallenius Wilhelmsen signs deal for up to 12 methanol-fueled newbuilds in China

Wallenius Wilhelmsen signs deal for up to 12 methanol-fueled newbuilds in China

August 18, 2023 |

In Norway, shipping company Wallenius Wilhelmsen said it has signed a letter of intent for four next generation vessels and up to eight optional units of 9,350CEU class methanol dual fuel pure car and truck carriers with Jinling Shipyard. The first vessels will start being delivered from the second half of 2026, the company said. […]

Read More

M2X Energy’s methane mitigation solution produces first methanol

M2X Energy’s methane mitigation solution produces first methanol

August 18, 2023 |

In North Carolina, M2X Energy announced that its modular gas-to-methanol plant has produced its first methanol.  The company said it is currently performing test runs to qualify the system for its first field deployment. “This major milestone substantially de-risks our innovative technology and validates its commercial viability,” said M2X Energy CEO Max Pieri. “We are […]

Read More

Global methanol market value to reach $44.82 billion by 2032

Global methanol market value to reach $44.82 billion by 2032

August 18, 2023 |

In Canada, Emergen Research reported that the global methanol market is projected to reach a market value of $44.82 billion by 2032, growing at a CAGR of 3.4% during the 2023-2032 period. “One of the primary drivers is the expanding demand for methanol as a key feedstock in the production of a wide range of […]

Read More

NORDEN to reduce Teck Resources’ shipments by 25% thanks to cleaner marine logistics

NORDEN to reduce Teck Resources’ shipments by 25% thanks to cleaner marine logistics

August 17, 2023 |

In Canada, NORDEN and Teck Resources Limited announced an agreement to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by NORDEN by 25%, or up to 6,700 metric tons of CO², equivalent to removing over 1,400 passenger vehicles from the road. NORDEN […]

Read More

}