In Brazil, MoneyTimes reports Brazil BioFuels (BBF) will invest $322 million to build the country’s first HVO manufacturing facility. The plant will be built in the Manaus Free Trade Zone and the first phase of the project is scheduled to start operating in January 2025. The future refinery will have the capacity to produce 500 […]
In Illinois, Reuters reports supply chain issues such as labor shortages and lack of rail cars are creating shortages of ethanol ahead of the Thanksgiving holiday, one of the key driving seasons the year. Ethanol prices up more than 50% on the year at $2.20 per gallon despite record production yet East Coast stocks were […]
In Minnesota, KEYC reports the formerly Corn Plus ethanol plant in Winnebago, now owned by Greenfield Global since last year, has been brought back online. The facility was mothballed in August 2019 but is now back online with plans to expand by another 48 million gallons. Minnesota-based Central Farm Service is supplying corn to the […]
In Singapore, Shell will build a new pyrolysis oil upgrader unit that improves the quality of pyrolysis oil, a liquid made from hard-to-recycle plastic waste that would have gone into a landfill, and turns it into chemical feedstock for its plant. Slated to start production in 2023, the unit at Shell’s manufacturing site on Pulau […]
In Denmark, Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has announced that after conducting a successful pilot, it will convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel. Replacing marine fuel oil with the carbon neutral biofuel enables Svitzer to offer a new towage […]
In California, Aemetis, Inc. has signed a non-binding term sheet and is working towards completing $100 million of new debt financing from Third Eye Capital of Toronto, Canada. The debt financing is expected to be comprised of $50 million for carbon reduction projects and $50 million for working capital. Aemetis has repaid more than $55 […]
In Singapore, bulk carrier Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd., has conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited, the major steel manufacturer in India. This is the third successful trial use of biofuel by an NYK vessel. In this […]
In Texas, Arbor Renewable Gas has selected a 53-acre site in Beaumont, Texas as the home of its first renewable gasoline plant. The “Spindletop Plant” is located on the Beaumont, Nederland border. The site was selected for its access to critical infrastructure and feedstock as well a talented and experienced workforce, along with longstanding community […]
In the Netherlands, after a successful completion of a B30 biofuel blend test on the Suezmax Statia (2006 – 150,205 dwt), Euronav has now successfully concluded a B50 biofuel blend trial on its Suezmax Marlin Sardinia (2019 – 156,607 dwt). The biofuel, by marine fuels supplier TFG Marine (the bunkering arm of Trafigura), was tested […]
In California, Viridos Inc., previously Synthetic Genomics has signed a joint development agreement with ExxonMobil Research and Engineering Company with the intent to bring Viridos’ low-carbon intensity biofuels toward commercial levels. Founded in 2005 by leaders in synthetic biology, Viridos quickly established itself as a powerhouse for innovative research, transplanting the first genome, synthesizing the […]
