In Illinois, ethanol prices haven’t risen as much as gasoline prices, consumption of the fuel hasn’t fallen as much and ethanol demand is surviving despite higher gasoline prices, which is also a good thing for grain prices, according to Allendale chief strategist Rich Nelson. U.S. gasoline prices have increased 53 percent since last year but […]
In California, California Ethanol and Power is planning to build a $650 million plant on a 160-acre parcel in the Imperial Valley that will be the first-ever ethanol plant in the U.S. that uses sugarcane as feedstock. It’s part of a larger $1.1 billion project that also includes crafting agreements cumulatively worth more than $100 […]
In California, Aemetis purchased 24 acres, known as “Parcel B” on the Riverbank Industrial Complex site, to develop a Carbon Capture and Sequestration (CCS) injection well. The company plans to construct a characterization well to obtain required data and final injection well design information that will be used for the EPA Class VI CO2 injection […]
In Switzerland, Proman Stena Bulk, a joint venture (JV) between a leading global methanol producer Proman and one of the world’s largest tanker shipping companies Stena Bulk, delivered its second methanol-powered newbuild tanker, Stena Pro Marine. The announcement reaffirms Proman Stena Bulk’s early commitment to the maritime industry’s low-emission methanol pathway, following delivery of the […]
In China, materials manufacturer Covestro today broke ground on two new plants in Shanghai to meet the rising demand for polyurethane dispersions (PUDs) and elastomers. These new facilities, which represent a combined investment of a mid double-digit million euro amount, will be located within the Covestro Integrated Site Shanghai. “These projects will contribute to the […]
In Texas, Matheson Tri-Gas, Inc., the USA affiliate of Nippon Sanso Holding Corporation, Tokyo, has signed a long-term Supply Agreement to meet hydrogen requirements for a 75,000 bpd refinery in Mobile, Alabama owned by Vertex Energy. The Matheson Facility will have a nameplate capacity exceeding 30 mmscfd hydrogen production and the capability to process a […]
In Germany, DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd, a leading worldwide liner shipping company, for the use of advanced biofuels. As an initial step, Hapag-Lloyd will ship 18,000 TEU of DHL’s volume using advanced biofuels, which is equivalent to a reduction […]
In Washington, the Renewable Fuels Association says May U.S. ethanol exports moderated from April’s four-year high, declining 21% to 147.1 million gallons (mg). However, Canada increased its imports by 4% to 41.8 mg in May, maintaining its status as our top customer for 14 consecutive months and logging its largest monthly volume in eight years (also its […]
In Belgium, European Commission has informed Alcogroup S.A. and its subsidiary Alcodis S.A. (together ‘Alcogroup’) as well as Lantmännen ek för and its subsidiary Lantmännen Agroetanol AB (together ‘Agroetanol) of its preliminary view that, together with Abengoa S.A. (‘Abengoa’), which settled the case in December 2021, they have breached EU antitrust rules. The Commission considers […]
In Germany, Siemens Energy and Air Liquide announce the creation of a joint venture dedicated to the series production of industrial scale renewable hydrogen electrolyzers in Europe. With two of the global leading companies in their field combining their expertise, this Franco-German partnership will enable the emergence of a sustainable hydrogen economy in Europe and […]
