Category: Fuels

Minnesota corn industry invests $1M in biofuels infrastructure grant program

Minnesota corn industry invests $1M in biofuels infrastructure grant program

April 12, 2021 |

In Minnesota, the Minnesota Corn Research and Promotion Council (MCR&PC) and Minnesota Corn Growers Association (MCGA) announced a commitment of $1 million to a future state biofuels infrastructure grant program. The program, to be administered by the Minnesota Department of Agriculture, would expand access to higher blends of ethanol in the state. Higher blends of […]

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Brazil cuts biodiesel blending to 10% temporarily due to soaring prices

Brazil cuts biodiesel blending to 10% temporarily due to soaring prices

April 12, 2021 |

In Brazil, Platts reports that following the cancelation of last week’s biodiesel auction as prices soared, the Mines and Energy Ministry has cut the B13 mandate to just B10 for May and June. The rising biodiesel prices came on the back of tight feedstock supplies. The increase to 13% biodiesel blending only came into effect […]

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Avantium reaches key commercial milestone for its FDCA flagship plant

Avantium reaches key commercial milestone for its FDCA flagship plant

April 11, 2021 |

In the Netherlands, Avantium signed a conditional offtake agreement with Resilux, an international rigid plastic packaging supplier, for the supply of PEF resin from the planned Avantium FDCA flagship plant. This brings the total of such offtake contracts to five. The planned FDCA flagship plant is set to produce 5 kilotonnes of FDCA (furandicarboxylic acid) […]

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GAIL India Ltd. to invest INR 18M in LR Energy VPL biogas project

GAIL India Ltd. to invest INR 18M in LR Energy VPL biogas project

April 11, 2021 |

In India, in its first round of funding, LR Energy VPL from India raised INR 18 Million (~USD $240,000) funding from GAIL India Ltd. for its pilot project of setting up 5000 Kg per day Compressed BioGas Project under “SATAT” Scheme by Govt. of India. The Compressed BioGas will be purchased by GAIL Gas Ltd […]

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Ballard fuel cells to power CP Hydrogen Locomotive Program

Ballard fuel cells to power CP Hydrogen Locomotive Program

April 11, 2021 |

In Canada, Canadian Pacific will employ Ballard Power Systems’ fuel cell modules for CP’s Hydrogen Locomotive Program. Through its Hydrogen Locomotive Program, CP will develop North America’s first hydrogen-powered line-haul freight locomotive by retrofitting a formerly diesel-powered locomotive with Ballard hydrogen fuel cells. The fuel cells will work with battery technology to power the locomotive’s […]

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DMC & SCG execute agreement for DMC’s amino acid product line in ASEAN

DMC & SCG execute agreement for DMC’s amino acid product line in ASEAN

April 11, 2021 |

In Colorado, DMC Biotechnologies, a biobased specialty chemical company which makes products using microbial fermentation, executed an agreement with SCG Chemicals Co., Ltd to bring DMC’s L-Alanine and branched chain amino acids (BCAAs) into the ASEAN* markets. SCG was an investor in DMC’s Series A round in December 2019. Matt Lipscomb, Ph.D., CEO & Co-Founder […]

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New documentary highlights cell culture tech to grow meat, carbon capture and aquaculture

New documentary highlights cell culture tech to grow meat, carbon capture and aquaculture

April 11, 2021 |

In Washington, D.C., Gravitas Ventures, released Just Add Firewater LLC’s documentary “They Say It Can’t Be Done,” which follows four entrepreneurial companies tackling humanity’s biggest threats, including Eat JUST, Inc. which uses cell culture technology to grow meat and an Arizona State University scientist who created a synthetic tree that removes atmospheric carbon at one-thousand […]

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Covestro acquires DSM’s Resins & Functional Materials business, adds $1.175B in revenues

Covestro acquires DSM’s Resins & Functional Materials business, adds $1.175B in revenues

April 11, 2021 |

In Germany, Covestro completed the acquisition of the Resins & Functional Materials business from the Dutch company Royal DSM. The transaction substantially expands Covestro’s portfolio of sustainable coating resins, making the Group one of the world’s leading providers in this growth market. The integration of RFM will expand the Group’s revenues by around EUR 1 […]

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ZeroAvia scores another $23.4M for hydrogen-electric hybrid aircraft engines

ZeroAvia scores another $23.4M for hydrogen-electric hybrid aircraft engines

April 8, 2021 |

In California, propelling their mission towards delivering airlines zero-carbon, hydrogen-fueled flight, ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor British Airways. Existing investors Breakthrough Energy Ventures, Ecosystem […]

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CMA CGM to buy 12,000 tons of biomethane to help scale market

CMA CGM to buy 12,000 tons of biomethane to help scale market

April 8, 2021 |

In France, Reuters reports the CEO of the CMA CGM told a UN sustainability conference that the company was going to buy 12,000 metric tons of biomethane in order to help boost interest in the fuel and bring the market to scale. The volume to be purchased represents roughly the annual fuel consumptions of two […]

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