Category: Fuels

BP and Bunge looking to sell their biofuel JV for $1.96B

BP and Bunge looking to sell their biofuel JV for $1.96B

August 9, 2022 |

In Brazil, Reuters reports Valor Economico has discovered that Raizen and Abu Dhabi’s Mubadala are potential buyers of BP Bunge Bioenergia, which the two companies have decided to put up for sale. The joint venture is valued at around $1.96 billion and JP Morgan has confirmed that it will advise BP Bunge Bioenergia on the […]

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Aquarius Engines extends R&D deal with US Army for five more years

Aquarius Engines extends R&D deal with US Army for five more years

August 9, 2022 |

In Israel, Aquarius Engines says its research and development deal with the United States Army via the US Army Combat Capabilities Development Command (DEVCOM) signed in March 2020 has now been extended by an additional five years until July 2027. Aquarius Engines invented, developed, and manufacture lightweight super-efficient linear engines based on the company’s proprietary technology, that […]

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ScottishPower looking to develop multi-hundred MW green hydrogen facility in UK

ScottishPower looking to develop multi-hundred MW green hydrogen facility in UK

August 9, 2022 |

In the UK, ScottishPower, with Hutchison Ports, is exploring the opportunity to develop, build and operate a multi-hundred MW green hydrogen production facility at the Port of Felixstowe – with the potential to decarbonise industry and transportation in the region. Both companies have set out their vision to help create a greener port, which could […]

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H2 July ethanol production seen rising nearly 6%

H2 July ethanol production seen rising nearly 6%

August 9, 2022 |

In Brazil, Platts reports analysts expect hydrous ethanol production to have risen more than 6% during the last half of July compared to year prior at 1.45 billion liters while they see anhydrous ethanol production having fallen nearly 5% to 931 million liters. For the year, total ethanol production is seen at just 1.3% higher […]

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FutureGen Michigan secures rezoning for potential bioenergy facility

FutureGen Michigan secures rezoning for potential bioenergy facility

August 9, 2022 |

In Michigan, FutureGen Michigan has sought rezoning of 33 acres in a newly annexed part of the town of Holland for what could potentially be a biofuel or biomass-based electricity facility. The City Council approved the rezoning application in an ordinary business meeting last week. In addition to energy, the technology FutureGen Michigan plans to […]

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Mato Grosso’s corn supplies seen enough for ethanol and Chinese exports

Mato Grosso’s corn supplies seen enough for ethanol and Chinese exports

August 9, 2022 |

In Brazil, Reuters reports Mato Grosso’s corn-based ethanol producers believe that have sufficient feedstock available for the year even if China comes back into the market to by Brazilian corn. China and Brazil have signed a trade protocol for Brazilian export of corn to China, which although the producers say they don’t expect to result […]

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Indian PM to dedicate IOC’s 2G ethanol plant to the Indian people on World Biofuel Day

Indian PM to dedicate IOC’s 2G ethanol plant to the Indian people on World Biofuel Day

August 9, 2022 |

In India, the Financial Express newspaper reports the Prime Minister is set to dedicate Indian Oil Corp’s second-generation ethanol plant in Panipat to the Indian people on Wednesday in celebration of World Biofuel Day. The rice straw-based facility is expected to produce 30 million liters of ethanol per year while providing a reliable market for […]

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Kuehne+Nagel secures waste-based next generation biofuel to save CO2e emissions of 40,000 TEUs

Kuehne+Nagel secures waste-based next generation biofuel to save CO2e emissions of 40,000 TEUs

August 8, 2022 |

In Germany, Kuehne+Nagel has secured the equivalent volumes of a waste-based next generation biofuel to save CO2e emissions of 40,000 TEUs. In line with the company’s zero emissions targets, customers can participate to neutralize the CO2e emissions from their own shipments on any trade or service worldwide. The Kuehne+Nagel biofuel concept is based on next […]

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BETO reaches significant milestone in decreasing MFSP of drop-in biofuels

BETO reaches significant milestone in decreasing MFSP of drop-in biofuels

August 8, 2022 |

In Washington, U.S. Department of Energy Bioenergy Technologies Office (BETO) has achieved a significant milestone in decreasing the minimum fuel selling price (MFSP) of drop-in biofuels, which are fuels made from biomass and other waste carbon sources, and that are compatible with existing petroleum fuel infrastructure and conventional vehicles. BETO partnered with T2C-Energy, LLC (T2C) […]

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ICM, Impacto Energia and Impacto Bioenergia to build first dry-mill ethanol facility in Bahia

ICM, Impacto Energia and Impacto Bioenergia to build first dry-mill ethanol facility in Bahia

August 8, 2022 |

In Kansas, ICM, Impacto Energia S/A and its sister company, Impacto Bioenergia, have agreed to build a new dry-mill ethanol production facility in Bahia, Brazil, with an estimated Q1 2025 start date. The greenfield plant, designed for a daily grinding capacity of 1,700 metric tons of corn, will be equipped with ICM’s proprietary Base Tricanter […]

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