In Denmark, Shell Petroleum NV has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S (Nature Energy) for nearly $2 billion. The acquisition will be absorbed within Shell’s current capital range, which remains unchanged. Based in Denmark, Nature Energy is a […]
In Massachusetts, CJ Biomaterials, Inc and NatureWorks have signed a Master Collaboration Agreement (MCA) that calls for the two organizations to collaborate on the development of sustainable materials solutions based on CJ Biomaterials’ PHACT Biodegradable Polymers and NatureWorks’ Ingeo biopolymers. The two companies will develop high-performance biopolymer solutions that will replace fossil-fuel based plastics in […]
In Canada, ArcelorMittal Mining Canada G.P. has won an EnviroLys Award in the ICI+ Green Project category for introducing the use of pyrolytic oil at its Port-Cartier plant. The EnviroLys Awards recognize private expertise in the green economy, entrepreneurship and innovation of companies in the environmental services industry. They were awarded by the Council of […]
In Italy, Eni and BF have signed a collaboration agreement to evaluate the development of crops for energy use in Italy, recovering degraded, abandoned or polluted land, without competing with the food chain. The agreement has a first study-phase, to evaluate the sustainability and competitiveness of an agro-industrial chain to be jointly developed aiming at […]
In the UK, Rolls-Royce and easyJet confirmed they have set a new aviation milestone with the world’s first run of a modern aero engine on hydrogen. The ground test was conducted on an early concept demonstrator using green hydrogen created by wind and tidal power. It marks a major step towards proving that hydrogen could […]
In the UK, BDaily News reports Nova Pangaea Technologies and Sembcorp Energy UK have signed an agreement to develop NOVAONE, the first commercial plant to produce ethanol from NPT’s technology that will later be used as SAF feedstock. Construction is expected to start in early 2023 on a plat at Sembcorp Energy within the Teesside […]
In Illinois, LanzaTech NZ, Inc. and Sumitomo Riko Company Limited announced they have entered into a joint-development agreement to reuse rubber, resin and urethane waste for the production of a key chemical intermediate, isoprene. Isoprene is produced by plants, and along with its polymers, is the main component of natural rubber. Natural rubber is widely […]
In Belgium, in 2021, the EU spent €15.2 billion on imports of green energy products (including wind turbines, solar panels and liquid biofuels) from countries outside the EU. Meanwhile, the EU exported green energy products worth more than half this amount (€6.5 billion) to countries outside the EU. Specifically, the EU imported €11.2 billion worth […]
In Canada, Targray has launched its international Environmental Commodities trading desk. Operating jointly out of the company’s North American and European business centers, the new desk will be headed by an experienced team of carbon traders and sustainability leaders. Targray’s Environmental Commodities business engages in the trading and supply of carbon credits, carbon offsets and […]
In Germany, Deutsche Post DHL Group integrated sustainability targets into its business strategy at an early stage and is now taking it a step further by allowing to link the group’s sustainability targets to its future long-term financial instruments, hence further expanding its commitment to sustainability. To this end, the company has now introduced a […]
