Category: Fuels

POET acquires all of Flint Hills Resources’ ethanol assets

POET acquires all of Flint Hills Resources’ ethanol assets

June 1, 2021 |

In South Dakota, POET has acquired the bioethanol assets of Flint Hills Resources’ in their entirety, expanding the company’s production capacity by 40 percent. POET is a world leader in green bioproducts, with an ever-growing suite of renewable solutions including bioethanol, renewable CO2, purified alcohol, high-protein animal feed, asphalt additives and corn oil used for […]

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Sugar Valley Energy gets green light for green bond financing

Sugar Valley Energy gets green light for green bond financing

June 1, 2021 |

In California, the Desert Review reports the International Capital Market Association has verified California Ethanol + Power (CE+P)’s Sugar Valley Energy project complies with the requirements to secure green bond financing according to ICMA’s Green Bond Principles. The principles were established to ensure that projects seeking funding through green bonds are truly sustainable.  The first […]

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April corn use for ethanol slightly lower than March

April corn use for ethanol slightly lower than March

June 1, 2021 |

In Washington, Brownfield Ag News reports that US Department of Agriculture data shows corn used for ethanol in April was 2% lower than in March at 410.017 million bushels, but the figure is 67% higher than in April 2020 when the COVID-19 pandemic first started impacting fuel markets. Similarly, DDGS production was about on part […]

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Port of London Authority looks to biofuels as part of zero-carbon strategy

Port of London Authority looks to biofuels as part of zero-carbon strategy

May 31, 2021 |

In the UK, The Port of London Authority (PLA) has awarded a contract to Royal HaskoningDHV to model the future of energy demand and supply on the tidal Thames as we look to shape the zero-carbon port for the future. Royal HaskoningDHV, working with University Maritime Advisory Services, will undertake the energy demand study for […]

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Emerald Biofuels gets agreement with city for $315M renewable diesel project

Emerald Biofuels gets agreement with city for $315M renewable diesel project

May 31, 2021 |

In Texas, Port Arthur News reports that the city council has authorized an industrial district agreement with Emerald Biofuels for the proposed $315 million renewable diesel plant the company announced last year. The facility will be located on more than 18 acres, producing more than 100 million gallons of renewable diesel and 20 million gallons […]

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BASF teams with Brazilian biodiesel producer in CBIOs for inputs swap

BASF teams with Brazilian biodiesel producer in CBIOs for inputs swap

May 31, 2021 |

In Brazil, in an unprecedented partnership in the agricultural market, BASF and 3tentos developed a new operation model with the issuance of decarbonization credits (CBIOs) in exchange for inputs. For the first time, a barter operation, as this exchange is known, is carried out with a focus on environmental sustainability. Producer of soy biodiesel since […]

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CVR Energy looking at SAF production as part of refinery conversions

CVR Energy looking at SAF production as part of refinery conversions

May 31, 2021 |

In Texas, Bloomberg reports CVR Energy is looking to include SAF production as part of its transition to renewable fuels at some of its oil refineries. The company’s CEO said that he supports subsidies for renewable fuels, such as the $2 per gallon subsidy proposed in Congress last week for SAF. Although the subsidy would […]

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Alfa Laval scores $50M order on renewable diesel refinery conversion project

Alfa Laval scores $50M order on renewable diesel refinery conversion project

May 31, 2021 |

In Sweden, Alfa Laval has won a $50 million order to supply processing systems and equipment for feedstock pretreatment to a U.S. refinery that is switching from traditional petroleum refining to renewable biofuel production.   The landmark order is among the largest to date for Alfa Laval. It follows strategic investments made by the company in […]

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Brookfield looking at potential sale of Greenergy

Brookfield looking at potential sale of Greenergy

May 31, 2021 |

In the UK, Bloomberg reports sources have confirmed Brookfield Business Partners has engaged Citigroup and HSBC in order to explore the potential sale of Greenergy, although discussions are at an early stage and may not result in an actual sale. Brookfield took over Greenergy in 2017 with a controlling interest, allowing the business to grow […]

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SkyNRG’s sustainable aviation fuel first in the world to get RSB CORSIA certification

SkyNRG’s sustainable aviation fuel first in the world to get RSB CORSIA certification

May 30, 2021 |

In Switzerland, SkyNRG became the first in the world to receive a RSB CORSIA certification and marks another milestone in the history of sustainable aviation fuel certification. This CORSIA certification enables SkyNRG to supply airlines with CORSIA eligible SAF with both RSB EU RED and RSB CORSIA claims. It allows airline customers to count these […]

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