Category: Fuels

European Parliament committee members adopt draft SAF rules

European Parliament committee members adopt draft SAF rules

June 28, 2022 |

In Belgium, MEPs on the Transport and Tourism Committee adopted a draft negotiating mandate on the ReFuelEU aviation rules by 25 votes to six and three abstentions on Monday. The adopted text aims to increase the uptake of sustainable fuels by aircraft operators and EU airports to cut emissions from aviation and ensure Europe becomes […]

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World Fuel Services distributing Neste SAF in France, Germany and UK

World Fuel Services distributing Neste SAF in France, Germany and UK

June 28, 2022 |

In Texas, World Fuel Services has announced they are now an authorized branded distributor of Neste MY Sustainable Aviation Fuel (SAF). Paris-Le Bourget Airport (LFPB/LBG) in France is the first location where the company delivered Neste’s SAF as the authorized branded distributor. Becoming an authorized branded distributor builds on World Fuel’s ongoing commitment to developing […]

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Sinotec starts SAF production in Eastern China

Sinotec starts SAF production in Eastern China

June 28, 2022 |

In China, Reuters reports that Sinotec has produced its first batch of sustainable aviation fuel at its Zhenhai Refining & Chemical Co refinery in Eastern China. The facility has the capacity to produce 100,000 metric tons of SAF annually from used cooking oil. The technology has been under development since 2009 and received a certificate […]

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Sao Paulo state cuts ICMS tax on gasoline

Sao Paulo state cuts ICMS tax on gasoline

June 28, 2022 |

In Brazil, Reuters reports Sao Paulo state has cut the so-called ICMS tax on gasoline which will make the fossil-based fuel more competitive against ethanol, which in turn will cut demand for ethanol and likely push sugar millers to switch towards more sugar production instead. Taxes were unchanged on hydrous ethanol at the pump, however. […]

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Agency accuses Phillips 66 of starting renewable diesel production before permit approvals

Agency accuses Phillips 66 of starting renewable diesel production before permit approvals

June 27, 2022 |

In California, Reuters reports the Bay Area Air Quality Management District issued a notice earlier this month accusing Phillips 66 of beginning to produce and consume renewable diesel at its Rodeo refinery before the change to its air permit was in place. The company said it already started to produce the fuel in Q1 2021, […]

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F1 takes next steps towards 2030 net zero carbon target

F1 takes next steps towards 2030 net zero carbon target

June 27, 2022 |

In the UK, development of a 100% sustainable fuel, slashing the use of single-use plastics and reviewing travel and freight logistics – these are just some of the things Formula 1 as a sport is working on as part of its commitment to be Net Zero Carbon by 2030. Three years ago, as part of […]

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Gevo raises $139.2M in offering to institutional investors

Gevo raises $139.2M in offering to institutional investors

June 27, 2022 |

In Colorado, on June 5, 2022, Gevo executed a registered direct offering of 33.3 million shares to certain institutional investors. That offering closed on June 8, 2022, and the net proceeds of $139.2 million combined with the company’s existing cash, cash equivalents, restricted cash and marketable securities provide the company with approximately $555.7 million of […]

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Sustainable Oils launches new North American HQ

Sustainable Oils launches new North American HQ

June 27, 2022 |

In Montana, the ribbon was cut on Sustainable Oils’ new 20,000 square foot state-of-the-art North American headquarters building in Great Falls last week. Complete with plant breeding and research labs, the facility currently employs a staff of 13 and works with over 100 U.S. farmers to grow camelina – the plant used by their parent […]

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INEOS Phenol launches first bio-based AMS line

INEOS Phenol launches first bio-based AMS line

June 27, 2022 |

In Germany, INEOS Phenol has launched its first bio-attributed product line for phenol, acetone alphamethylstyrene (AMS). These products, made without using fossil fuels as feedstock, are to be sold under the INVIRIDISTM brand. They represent innovation in the global phenol market and offer a more climate-friendly and sustainable alternative to existing phenol, acetone, or AMS. […]

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FEDIOL study shows environmental footprint of vegetable oil-based products

FEDIOL study shows environmental footprint of vegetable oil-based products

June 27, 2022 |

In Belgium, FEDIOL has released a study on Product Environmental Footprint (PEF) profiles of vegetable oil and protein meal products commissioned to the Belgian research institute VITO. The life cycle stages covered in the FEDIOL study include the industrial processing of  commodities, such as oilseeds and crude vegetable oils, but also the up-stream stages of […]

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