In Brazil, Bloomberg reported that Brazilian ethanol producer Atvos is investing to increase ethanol production in Brazil. The company plans to invest $320 million this year and $300 million a year each in 2024 and 2025, according to the report. The goal of the investment program is to increase processing closer to 32 million metric […]
In The Netherlands, Offshore Energy reported that Denmark’s tanker shipping company Uni-Tankers and marine energy solutions provider KPI OceanConnect have completed the trial of the B30 biofuel blend onboard Uni-Tankers chemical tanker. Uni-Tankers noted that the trial took place in Amsterdam on board Uni-Tankers’ 5,700 DWT chemical tanker M/T Alsia Swan. KPI OceanConnect arranged for […]
In the UK, Formula 1 has announced that DHL’s new fleet of trucks running on biofuel reduced carbon emissions by an average of 83% compared to fuel-driven trucks during the European leg of the 2023 F1 season. Across the nine European rounds, 18 trucks were powered by HVO100 drop-in fuel (hydrotreated vegetable oil) and travelled […]
In Japan, Mitsui O.S.K. Lines, Ltd. announced that on September 11, 2023, its group company MOL Drybulk Ltd. and Kambara Kisen Co., Ltd. signed a basic agreement on time charter for a new building methanol dual fuel bulk carrier to be ordered and owned by Kambara Kisen. The vessel is slated to be delivered in […]
In Finland, according to a news article published by Quantum Commodity, USDA representatives have confirmed publicly that a statement in the USDA’s Biofuels Annual Report alleging that Neste may have received fraudulent used cooking oil (UCO) volumes from China at its renewable products refinery in Singapore was a mistake. The report containing the error has been […]
In Canada, Carbon Streaming Corporation will provide Microsoft with carbon removal credits from the Waverly Biochar project in Waverly, Virginia. The Waverly Biochar project is expected to deliver up to 10,000 metric tons of carbon dioxide removal credits per year towards Microsoft’s carbon negative target. Producing biochar and burying it in soils is a way […]
In Indiana, Bion Environmental Technologies announced the Ammonia Recovery System at its Fair Oaks commercial scale demonstration facility has achieved and maintained controlled steady-state operations under a variety of conditions. When at steady state, the system produces an ammonium distillate (solution), the base of Bion’s nitrogen fertilizer products. Bion has begun optimizing the system’s operating […]
In South Carolina, MycoWorks has begun production at its world-class manufacturing facility in Union, S.C. Now capable of scaling-up to meet luxury industry demand, the company is set to grow millions of square feet of its leather-alternative material produced with the company’s proprietary technology, Fine Mycelium™. This patented technology produces Reishi™, a biomaterial with unparalleled […]
In the UK, EQTEC plans to cease activity on its Billingham project at Haverton Hill, Teesside, UK. The decision comes amidst increasingly challenging market conditions in the UK and following recent setbacks with the project that make it unfeasible for the company to prioritize against its broader strategic opportunities. The project was one of the […]
In Israel, UBQ Materials has closed $70 million in funding, led by Eden Global Partners. Additional participants in the financing were return investors in the company, including TPG Rise Climate, TPG’s Rise Fund, Battery Ventures, and M&G’s Catalyst strategy. The investment will support the company’s commercial, sales, and marketing scale up, as UBQ Materials continues […]
