In Nebraska, Monolith Materials, Inc., a leader in green hydrogen production, received new investments from a consortium of investors led by SK Inc. and includes NextEra Energy Resources, LLC and Perry Creek Capital, the latest in a series of recent growth announcements for Monolith as it garners additional support for its commercial-scale, clean hydrogen manufacturing […]
In France, Lactips, a company specialized in producing a soluble plastic with zero environmental trace, has developed new product applications to address the issue of polluting plastics on multiple levels. To strengthen and extend its dedicated range of plastics for water-soluble packaging, Lactips set up a partnership with Plastiques Venthenat, a French industrial firm specialized […]
In Denmark, Haldor Topsoe has a new green hydrogen organization that is fully dedicated to accelerating Topsoe’s business within electrolysis, including development of high-performance electrolysis technology, sales, and partnerships. The organization will leverage Topsoe’s unique insights into solid oxide electrolysis, producing up to 30% more green hydrogen from the same amount of renewable power, when […]
In Washington, D.C., ethanol production scaled up by 23,000 barrels per day (b/d), or 2.3%, to 1.034 million b/d, equivalent to 43.43 million gallons daily and the highest level since March 2020, according to EIA data analyzed by the Renewable Fuels Association. Production was 35.2% above the same week last year, which was affected by […]
In the United Kingdom, Howden, the international insurance broker, announced the launch of Parhelion, the world’s first fully sustainable insurer. Parhelion is targeting a capital raise of $500m and is being advised by Howden Capital Markets and TigerRisk Capital Markets & Advisory. Against the backdrop of an insurance industry starved of truly sustainable capacity, Parhelion’s […]
In Texas, Navigator CO2 Ventures announced the successful conclusion of the non-binding open season of its carbon capture pipeline system (“CCS”). The proposed CCS project seeks to provide biorefineries and other industrial participants a long-term, economic path to materially reduce their carbon footprint by capturing and transporting CO2 through 1,200 miles of pipeline across five […]
In Italy, d’Amico Group has brought together a Joint Industry Project (JIP) to test the biofuel blends (B30) derived from advanced second-generation feedstock on board of one of its LR1 product tanker already in EEDI Phase 2. This unique JIP, which brings together d’Amico Group, TRAFIGURA, ABS, RINA, Lloyd’s Register’s Fuel Oil Bunker Analysis […]
In the UK, Heathrow has successfully incorporated sustainable aviation fuel (SAF) into its operation, ahead of the G7 Summit. Working alongside Vitol Aviation and Neste MY Sustainable Aviation Fuel, the fuel will be incorporated into the airport’s main fuel supply and blended to use across flights operating at Heathrow over the next few days. Whilst […]
In Iowa, Senator Joni Ernst (R-Iowa), a member of both the Senate Agriculture and Environment and Public Works Committees, is continuing her work for Iowa’s farmers and biofuel producers by helping to introduce bipartisan legislation to bring more transparency and predictability to the Environmental Protection Agency’s (EPA) small refinery exemption process. The bill would require […]
In Illinois, Platts reports ethanol traders have been keeping to the sidelines of the corn market, buying only small lots as and when necessary, in an attempt to not get burned as corn’s volatility continues on the Chicago Board of Trade as crop predictions call for smaller and then larger volumes. On Wednesday, corn futures […]
