In Montana, Warburg Pincus, a leading global growth investor, has agreed to invest $250 million in Montana Renewables LLC in the form of a participating preferred equity security, which values MRL at a pre-commissioning enterprise value of $2.25 billion. The preferred equity investment is not interest-bearing and carries certain minimum return thresholds. In connection with […]
In Indonesia, the Malaysia Reserve newspaper reports Water Konsortium Sdn Bhd (IWK) has teamed with EMB Business Sdn Bhd to use wastewater processing for ethanol and biogas production. The companies say that 1.5% of 15 liters of wastewater can become ethanol and 15% can become biogas. They expect to build a commercial scale facility for […]
In India, the Press Trust of India newspaper reports Maharashtra expects to produce 1.4 billion liters of ethanol from 90 facilities in the year beginning October 1. During the 2020/21 season the state produced just over 1 billion liters of ethanol at 78 facilities. So far this year since December 2021, the state has blended […]
In California, in comments filed with the California Air Resources Board today, the Renewable Fuels Association stressed that the next iteration of the state’s Low Carbon Fuel Standard must be technology-neutral and allow low-carbon renewable fuels to compete fairly as California endeavors to achieve carbon neutrality by 2045. RFA submitted the comments in response to a […]
In Georgia, POET has signed a purchase agreement with Savannah Marine Terminal (SMT) to acquire its rail-to-container transload facility in Savannah, Georgia. The acquisition will include all equipment and real estate to operate the grain transload facility. The Port of Savannah, one of the highest volume container ports in the U.S., has geographic synergy with […]
In Germany, Deutsche Bahn (DB) is continuing to drive the green traffic turnaround on the rails: Both the Sylt Shuttle and the Sylt Shuttle Plus are now running between Westerland and Niebüll with climate-friendly HVO (Hydrotreated Vegetable Oil). By saying goodbye to diesel, around 7,500 tons of CO2 are saved each year on the popular […]
In Greece, Neste and HELLENIC PETROLEUM Group have entered into an agreement for the commercial distribution of Neste MY Sustainable Aviation FuelTM on flights by Aegean Airlines, the leading air carrier in Greece. HELLENIC PETROLEUM Group, through its subsidiary EKO, will ensure the supply of Neste-produced sustainable aviation fuel (SAF) on AEGEAN flights departing from […]
In Spain, Cepsa Química has supplied consumer goods leader Unilever with NextLab linear alkylbenzene (LAB), a new range of sustainable products which include renewable and recycled raw materials. This sets a new milestone for circular chemistry, as NextLab linear alkybenzene (LAB) is made using “green carbon” derived from biomass instead of the fossil fuels the […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production rose to an average of 1.043 million a day last week, helping to boost stocks to 23.394 million barrels. Ethanol production was up an average of 22,000 barrels per day from the week before and 30,000 barrels from the same time last […]
In India, Projects Today reports Fylfot Geoworks is planning to build a 100,000 liter per day grain-based ethanol plant at Patvi in Ambala district of Haryana with construction set to kick off in October and commissioning expected by September 2023. Broken rice, maize, and wheat will be used as ethanol feedstock. In addition to the […]
