In Australia, the Government of Western Australia has welcomed the latest milestone for bp’s A$1 billion Kwinana Renewable Fuels project. The Kwinana project is one of five biofuel refineries bp has planned globally and is scheduled to be the first to come online. It is part of bp’s commitment to transform the former refinery into […]
In the UK, VPS, a global marine fuel testing advisory company owned by Fremman Capital has acquired Emsys Maritime, a real-time emissions measurement company operating globally and based in Manchester. Financial terms of the transaction were not disclosed. VPS is a market-leading fuel testing, inspection, and advisory services company in shipping, with laboratories located in […]
In Italy, Costa Group, part of Carnival Corporation, and the leading methanol producer, Proman, have signed an MOU to drive further the implementation of methanol as a marine fuel for the cruise industry. The partnership aims to accelerate the energy transition and decarbonisation of the existing fleet by enhancing the supply of sustainable methanol, paving […]
In Japan, Zeon Corporation, through its Corporate Venturing subsidiary Zeon Ventures Inc., has invested in Visolis, Inc., a U.S. startup developing an innovative biomanufacturing platform. Zeon will partner closely with Visolis to help accelerate development of the company’s sustainable biomanufacturing processes. Visolis is developing a biomanufacturing platform combining artificial intelligence, synthetic biology and traditional chemical […]
In the UK, Fulcrum BioEnergy, Inc. announced that its United Kingdom subsidiary, Fulcrum BioEnergy, Ltd., has received a grant of approximately $20.2 million from the UK Department for Transport Advanced Fuels Fund. The grant, which runs through to 2025, will support development of Fulcrum NorthPoint, a residual waste to sustainable aviation fuel (SAF) facility which […]
In Louisiana, Eni Sustainable Mobility and PBF Energy Inc. announced they have entered into definitive agreements to partner in a 50-50 joint venture, St. Bernard Renewables LLC (SBR), for the biorefinery currently under construction co-located with PBF’s Chalmette Refinery in Louisiana (US). Upon consummation of the transaction, which is subject to customary closing conditions, including […]
In India, the Hindu Business Line newspaper reports EID Parry’s board has greenlighted ethanol production capacity expansion at its Nellikuppam distillery in Tamil Nadu. The $10.5 million expansion project will increase production to 120,000 liters per day from the current 75,000 liters per day, the same size as its newly commissioned ethanol facility in Andhra […]
In Germany, UPM Biochemicals and HAERTOL Chemie GmbH announced a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the automotive market and reduce fossil resource consumption. They have agreed to form a strategic partnership to produce a new range of carbon neutral engine and battery coolants that will help automotive […]
In Washington, the National Restaurant Association recently submitted comments to the Environmental Protection Agency (EPA) regarding the proposed multi-year biofuel fuel volumes included in the Renewable Fuel Standard (RFS) Program. The Association stressed the negative impact increasing biofuel volumes would have on the price and availability of vegetable oils for the food industry. The association […]
In Singapore, Neste has established an Innovation Center in Singapore to strengthen its innovation and R&D capabilities globally. Asia has become an important market area for Neste and the new center provides good support to the company’s growth journey in the Asia-Pacific region. The opening of the Innovation Center was celebrated today. The Innovation Center […]
