In Illinois, LanzaJet has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50 million investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft’s financing […]
In Germany, CropEnergies AG and Johnson Matthey have entered into an engineering, license and technical services agreement for a plant to allow CropEnergies AG to produce renewable ethyl acetate from sustainable ethanol near its production site in Zeitz, Germany. Using Johnson Matthey technology, the renewable ethyl acetate produced by CropEnergies will reduce the fossil carbon […]
In California, Global Clean Energy Holdings has acquired Camelina Company España S.L. (CCE), Europe’s largest camelina crop innovator and seed producer headquartered in Madrid, Spain. CCE has received international acclaim for more than 10 years by developing world class intellectual property (IP) in camelina to support a sustainable biofuels value chain. CCE’s IP includes superior […]
In Brazil, Nouryon has signed a 15-year agreement with Suzano, a world leading eucalyptus pulp producer. Under the long-term agreement, Nouryon will commission its sustainable Integrated Manufacturing Model for the new Suzano eucalyptus pulp mill in the municipality of Ribas do Rio Pardo, located in Mato Grosso do Sul, Brazil. The project, called the “Cerrado […]
In California, WasteFuel launched WasteFuel Marine, a renewable fuel solution for the shipping sector. WasteFuel Marine’s initial product will be bio-methanol for container ships. WasteFuel aims for its marine fuels to reduce CO2 emissions by 95% and Nitrogen Oxide emissions by up to 80% compared to conventional fuels. WasteFuel has recently closed an oversubscribed fundraising […]
In Malaysia, Reuters reports the country’s biodiesel exports are expected to fall to their lowest in five years in 2022 due to the European Union’s phasing out of palm oil-based biofuels at just 250,000 metric tons. Exports last year were 300,000 tons. With the European Commission expecting biofuel use to fall by 2031, the situation […]
In Texas, Murex LLC, a low carbon fuels marketing and logistics company, announced that it has secured transloading contracts through its affiliate, Gulf Gateway Terminal LLC, with two separate fuel distributor customers that rail renewable product into the California market. Murex owns and operates GGT in the Port of New Orleans, which has both barge […]
In Denmark, Lenzing has collaborated with FLOCUS, Marchi&Fildi, Studio MLR, and PYRATEX on a new sustainable fabric design, which can be used as a unique and sustainable alternative for functional wear. The double-layer construction consists of a blend of TENCEL branded modal fibers with Eco Color technology and kapok fibers on the inside and 100% […]
In Texas, Cresta Fund Management and Lapis Energy LP announced an agreement for Cresta to fund the Company’s origination, development and implementation of Carbon Capture and Storage (CCS) and clean hydrogen projects that enable industrial de-carbonization critical to the achievement of global net zero goals. Lapis Energy, a Dallas, Texas-based CCS company formed by a […]
In Washington, Dow Jones reports Energy Information Administration data shows ethanol production fell to its lowest level since early October at 1.01 million barrels per day which in turn pushed stocks to their highest in nearly a year at 22.91 million barrels. Analysts expected stocks to be between 21.11 million barrels to 22.06 million barrels […]
