Category: Fuels

European T2 ethanol prices seeing strong backwardation

European T2 ethanol prices seeing strong backwardation

March 29, 2023 |

In the Netherlands, Platts reports European T2 ethanol prices are experiencing strong and increasing backwardation in part due to the closed import arbitrage that has existed for much of 2023, with prompt April/May paper trade having doubled to Eur20/cu m from one day to the next last week. Backwardation is seen through May-June trades but […]

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Brazilian antitrust court going after Miriri Alimentos e Bioenergia for alleged ethanol collusion

Brazilian antitrust court going after Miriri Alimentos e Bioenergia for alleged ethanol collusion

March 29, 2023 |

In Brazil, the General Superintendence of the Administrative Council for Economic Defense (SG/Cade) recommended in an order signed last Friday the prosecution of Miriri Alimentos e Bioenergia and its CEO for the practice of inviting cartelization in the national market for the production and sale of ethanol. Miriri Alimentos e Bioenergia is one of the […]

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Anglian Water Services seeking partner to upgrade biogas to biomethane

Anglian Water Services seeking partner to upgrade biogas to biomethane

March 29, 2023 |

In the UK, Anglian Water Services Ltd (AWS) produces over 150,000 dry metric tonnes of raw wastewater derived sludge per annum that is treated at 10 regional sludge treatment centres. AWS treats the sludge using advanced anaerobic digestion technologies and biogas is produced which they currently use as a renewable fuel in combined heat & […]

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PetroChina successfully delivers marine biofuel for the first time in the Port of Singapore

PetroChina successfully delivers marine biofuel for the first time in the Port of Singapore

March 29, 2023 |

In Singapore, Manifold Times reports PetroChina International has for the first time successfully delivered marine biofuel in the Port of Singapore, providing 500 metric tons of the fuel to oil tanker “New Award”. It is the first time the company has supplied marine biofuel into the international market. Last year, PetroChina was the second largest […]

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Malaysian Biodiesel Association urging government to roll out B20 nationwide

Malaysian Biodiesel Association urging government to roll out B20 nationwide

March 29, 2023 |

In Malaysia, Bernama reports that the national biodiesel association wants the government to catch up with biodiesel mandates elsewhere, such as Indonesia, by ensuring the B20 mandate is implemented nationwide. So far, it has only been implemented in Pulau Langkawi, Kedah, Labuan and Sarawak even though it was launched in February 2020. The government says […]

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IRFA relaunching On-Farm Biodiesel Credit program

IRFA relaunching On-Farm Biodiesel Credit program

March 29, 2023 |

In Iowa, the Iowa Renewable Fuels Association (IRFA) is re-launching the statewide On-Farm Biodiesel Credit program to give back to Iowa farmers.  Farmers who buy a biodiesel blend can receive up to 50 cents per gallon for filling an on-farm tank in Iowa used in agricultural operations. “This is a great way for farmers to […]

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Neste charters two e-methanol enabled vessels from Terntank Rederi

Neste charters two e-methanol enabled vessels from Terntank Rederi

March 27, 2023 |

In Finland, Neste has signed an agreement with Terntank Rederi A/S for time chartering two new lower-emission product tankers. The tankers are tailored to transport a wide variety of liquid cargoes including renewable raw materials, such as waste and residue oils and fats, to Neste’s refineries. At the refineries, products such as renewable diesel and […]

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Canada Infrastructure Bank loans Varennes Carbon Recycling $202M

Canada Infrastructure Bank loans Varennes Carbon Recycling $202M

March 27, 2023 |

In Canada, Canada Infrastructure Bank (CIB) has concluded the financing on its first project from its low-carbon fuels, carbon capture utilization storage and hydrogen initiative with support for a biorefinery and the country’s largest electrolyzer. Under the terms of the agreement, the CIB will provide a loan of C$277 million to a joint-venture partnership between […]

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Montana Renewables invited to submit part 2 for $600M DOE loan application

Montana Renewables invited to submit part 2 for $600M DOE loan application

March 27, 2023 |

In Indiana, Calumet Specialty Products Partners, announced that its Montana Renewables subsidiary has been invited by the U.S. Department of Energy to submit a Part II Application for a $600 million loan guarantee through the Title XVII Innovative Clean Energy Loan Guarantee Program. Established via Title XVII of the Energy Policy Act of 2005, the […]

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Bioplastics International scores pending US Patent for sugarcane-based Polyvinyl Alcohol

Bioplastics International scores pending US Patent for sugarcane-based Polyvinyl Alcohol

March 27, 2023 |

In Arizona, Bioplastics International now has a US Patent Pending for the world’s first and only water-soluble sugar cane Polyvinyl Alcohol, to replace a large portion of the world’s plastics, to instantly stop plastic pollution. Polyvinyl Alcohol, or PVA, is a hydrophilic, synthetic polymer, which dissolves in any kind of water, however, is stronger than […]

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