In Norway, biochemicals company Circa Group AS has successfully completed a private placement of NOK575 million – approximately €56 million – in a transaction led by Pareto Securities and Sparebank 1 Markets in Oslo, at a post-money market valuation of approximately NOK2 billion (approximately €194 million). The company (ticker code: CIRCA) shares starts trading on […]
In the Netherlands, Neste’s acquisition of Bunge Loders Croklaan’s refinery plant in Rotterdam has been approved by regulatory authorities, and the transaction was completed on March 1, 2021. The transition of operations and employees will be implemented in phases with the refinery plant’s full and modified pretreatment capacity available for processing Neste’s feedstock by the […]
In Brazil, Enegix Energy Pte Ltd has unveiled the Base One green hydrogen project in cooperation with the State Government of Ceará, an investment of $5.4 billion. Under the terms of the MoU signed on the 19th of February with the state governor Camilo Santana, Enegix will set up the world’s largest green hydrogen plant that […]
In Florida, Alliance BioEnergy Plus Inc., DBA Blue Biofuels, raised over $3 million in the last 60 days through a combination of private equity offerings and the exercise of warrants. This significantly improves the Company’s financial position and gives the Company the resources to expand its organization and to accelerate the commercialization of its CTS […]
In Minnesota, the Star Tribune newspaper reports that Metro Transit serving the Twin Cities will vote next week on a proposal to buy 143 biodiesel-fueled buses valued at around $122 million. Two years ago, Metro Transit promised to transition its entire fleet to electric buses, but its general manager says that biodiesel buses are more […]
In Spain, Bunkerspot reports Petrogas’ Dácil vessel is trying out PRIO’s Eco Bunker biofuel bunkering fuel. The bunker fuel has a 15% biodiesel blend, reducing CO2 emissions by 18% but also lowering energy intensity by 5%. The fuel, which is thought to be the first marine biofuel trial on the Iberian peninsula, was supplied by […]
In the last week of October 2020, Chemtex published and distributed a video presentation titled “DigestConnect 30 – Cellulosics!”, available on BioChannel.TV. Further to the publication, Versalis S.p.A. (“Versalis”), a company fully owned by Eni S.p.A. (“Eni”), realized that certain information provided by Chemtex, specifically in the slide shown between minute 26.12 and minute 27.21, […]
In California, Cavitation Technologies, Inc. announced that Desmet Ballestra Group, CVAT’s strategic partner since 2010, has completed a sale agreement for Nano Reactor system with a bio-diesel refinery in South America and the company anticipates receiving revenue of approximately $190,000. CVAT’s Biodiesel Nano Reactor is designed to use various feedstocks such as soy oil, canola […]
In Brazil, Bloomberg reports that in an effort to secure the loan needed to cover the remaining $740 million in debt of its former sugar and ethanol arm Biosev, Louis Dreyfus has had to put up as collateral its 3.5% stake in Raizen that it will received as part of the unit’s sale. Louis Dreyfus […]
In Kenya, The Africa Report says Vuma Biofuels will shortly begin supplying power produced from sugarcane bagasse briquettes to industrial tea users but sees the real opportunity in household energy. The company is in the early stages of negotiations with the UN High Commission for Refugees to supply briquettes for clean cooking to help reduce […]
