In Belgium, ArcelorMittal has made a $30 million investment in carbon recycling company, LanzaTech through its XCarb™ innovation fund, the fourth investment the company has made through the fund since its launch in March 2021. The investment further expands ArcelorMittal’s relationship with LanzaTech, which commenced in 2015 when the Company first announced plans to utilize […]
In the Netherlands, Eagle Bulk Shipping, one of the world’s largest owner-operators within the Supramax and Ultramax dry bulk segment, has successfully completed a fossil-free voyage in partnership with GoodFuels. As part of Eagle Bulk Shipping’s ambitions to improve the environmental performance of its fleet, the 63,529 DWT bulk carrier Sydney Eagle was bunkered with […]
In Malaysia, the Board of Directors of CB Industrial announced that the Company and TPG Oil & Gas Sdn. Bhd., the wholly owned subsidiary, had on December 9, 2021 entered into an Agreement for the sale and purchase of shares with Kaashi Visweshwara Minerals Pvt. Ltd. for the disposal of 63,670,000 ordinary shares and 6,330,000 […]
In France, Global Bioenergies announced the success of new toxicological studies on its first cosmetic ingredient, naturally sourced isododecane, which can now be used in the large markets of skincare and haircare. In October 2020, an initial phase of toxicological studies paved the way for the use of naturally sourced isododecane produced by Global Bioenergies […]
In Germany, European Bioplastics says global bioplastics production capacity is set to increase significantly from around 2.4 million metric tons in 2021 to 7.5 million tons in 2026. Biodegradable PBAT (polybutylene adipate terephthalate), the production of which will almost quadruple, but also PBS (polybutylene succinate) and bio-based PAs (polyamides) are the main drivers of this impressive growth. The production of polylactic acid (PLA) will also continue to grow due to further investments in PLA production sites in Asia, the […]
In Belgium, Reuters reports the European Commission’s 2021-2031 Agricultural Outlook estimates that by 2031 European biofuel consumption will fall 24% to 14.3 billion liters with palm oil imports sinking to 4 million metric tons from 6.5 million tons this year. The Commission estimates biofuel consumption will peak in 2023 at 18.9 billion liters and begin […]
In India, Praj Industries Limited announced a new, innovative solution to process sugarcane juice into a new sustainable feedstock BIOSYRUP for round the year ethanol production. Sugarcane juice is a perishable and seasonal feedstock that cannot be stored for more than 24 hours. Praj has developed a patented technology to process cane juice into conditioned […]
In Illinois, Honeywell announced that a CVR Energy, Inc. subsidiary has selected Honeywell UOP Ecofining technology to study conversion of seed oils, tallow and white/yellow greases into renewable diesel fuel at its facility in Coffeyville, Kansas. CVR Energy is currently evaluating the conversion of an existing hydroprocessing unit at the plant to a single-stage Ecofining […]
In Iowa, VERBIO has commenced production at its new production plant in Nevada (Iowa, USA). The plant will generate biomethane from maize straw, and is the first large-scale commercial plant in the USA to use the technology developed by VERBIO. After a construction period of two-and-a-half years Greg Faith, Managing Director of VERBIO Nevada LLC, […]
In Washington, the U.S. Department of Agriculture Secretary Tom Vilsack announced that USDA will make up to $800 million available to support biofuel producers and infrastructure. The announcement includes $700 million to provide economic relief to biofuel producers and restore renewable fuel markets affected by the pandemic. The Department will make the funds available through […]
