In India, Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The new partnership, centered on green […]
In Finland, Neste raises its second quarter 2022 outlook and said that while oil markets have been volatile, impacted by the war in Ukraine, the Northwest European gasoline and diesel margins have increased to exceptionally high levels. In addition, Neste’s successful mitigation actions to replace Russian crude oil and natural gas have enabled the company […]
In South Dakota, the Purdue Research Foundation completed a licensing agreement with an international energy company for the commercialization of a new process discovered at Purdue University Northwest for the biological production of hydrogen from food waste. A second licensing agreement with a company in Indiana is under negotiation. This new process uses food waste […]
In South Dakota, The American Coalition for Ethanol introduced a new carbon intensity (CI) calculator to help its members understand the carbon intensity (CI) of their farms and ethanol operations along with a simplified version of the tool to raise awareness about factors impacting the CI of ethanol. Combined, these tools help illustrate corn ethanol’s […]
In South Korea, LG Chem signed a Letter of Intent with GS EPS, South Korea’s leading green energy supplier, to collaborate on a biomass-based ecofriendly energy project – constructing a joint biomass power plant to produce industrial steam and electricity with waste woods by 2025. Attended by key stakeholders including LG Chem’s petrochemical business head […]
In Israel, leading microalgae-based alternative protein company, Brevel, raised $8.4 million in a Seed funding round, which will be utilized to build a commercial pilot factory which will serve as the basis for scaling brevel’s proprietary technology and enhancing R & D capabilities. The alternative-protein’s dedicated investors include FoodHack, Good Startup VC, Tet Ventures and […]
In Finland, Stora Enso estimates that the previous full year 2022 operational EBIT guidance will be exceeded and thus changed its full year 2022 operational EBIT guidance to be higher than the full-year 2021 of EUR 1,528 million. The previous guidance for the full year 2022 was an operational EBIT to be approximately in line […]
In Norway, Circa Group AS announced that its levoglucosenone derivative, made from waste, non-food biomass, has been used as an intermediate in an award-winning manufacture process for an investigational drug for leukaemia. The 2022 Peter J. Dunn Award for Green Chemistry and Engineering Impact in the Pharmaceutical Industry recognised MSD for their work in developing […]
In Germany, TES announced the start of the ‘Open Season’ to assess market interest for hydrogen and green gas import capacity at its Wilhelmshaven Green Energy Hub. The non-binding phase has now concluded, and bi-lateral discussions will commence with all parties that expressed their interest. The terminal at Wilhelmshaven will be incorporated separately and branded […]
In Hawaii, the first of six mobile biodiesel fueling stations in Hawai‘i opened at Ma‘alaea Small Boat Harbor on Maui. Pacific Biodiesel installed and will operate the off-grid fueling station at the busy harbor. “This innovative fueling station gives customers 24/7 access to biodiesel, making it more convenient to fuel up with our locally produced, […]
