In Texas, Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (“DGD”), has received approval from both companies’ boards of directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. DGD Port Arthur’s capacity is estimated to be 470 million […]
In the UK, UECC says that over the past 12 months it has bunkered over 6,000 metric tons of biofuel, exclusively supplied by GoodFuels. The fuel itself has been derived from a variety of feedstocks, including processed used cooking oil. All of the biofuel it has consumed in the past 12 months has been sustainably […]
In Switzerland, Tetra Pak has announced the introduction of certified recycled polymers, becoming the first company in the food and beverage packaging industry to be awarded the Roundtable on Sustainable Biomaterials (RSB) Advanced Products certification. Its carton packages integrating attributed recycled polymers are now available for food and beverage manufacturers. This move marks a key step […]
In the UK, the Serious Fraud Office (SFO) has charged biodiesel trader Gianni Rivera with fraud and money laundering in connection with its investigation concerning the sustainable fuel sector. Rivera, a former employee of Greenergy, is charged by the SFO with two counts of fraud by abuse of position and one count of money laundering. […]
In Canada, Valent Low-Carbon Technologies has secured an investment from World Energy LLC. The funding supports upcoming deployments of novel, commercial-scale renewable fuels production technologies to meet growing demand for low-carbon intensity fuels. Since 2019, Valent has progressed new technology integration opportunities across World Energy’s sites. The investment from World Energy boosts Valent’s ability to deploy numerous emerging […]
In Washington, the Energy Information Administration says prices of renewable identification number (RIN) credits have been steadily rising in recent months and are approaching their highest nominal levels in the history of the program. The corn ethanol (D6) RIN price reached more than $1.00 per gallon (gal) in late January and early February 2021, the […]
In Brazil, Braskem will expand its capacity to produce green ethylene, a raw material produced from sugar cane ethanol and used to produce renewable resins that capture CO 2 from the atmosphere. The industrial unit for this product is located in Triunfo, in Rio Grande do Sul, and the current capacity, of 200,000 metric tons […]
In Japan, Next Meats Co has signed a joint product development agreement with euglena Co., a biotech company also from Japan which specializes in cultivating Euglena and Chlorella (types of microalgae) and developing the biofuel business. It was announced that their first joint product “NEXT Euglena Yakiniku EX” is now available for pre-sale at the […]
In Washington, DTN reports Energy Information Administration data shows the recent winter storms that left much of the US under snow and with below freezing conditions cut ethanol production by 27.8% to 658,000 bpd, the lowest since May 2020. As a result, stocks also fell, to 22.785 million barrels, a 12-week low and more than […]
In Brazil, the request to replace Petroleo Brasileiro S.A.’s CEO made by the Brazil’s Ministry of Mines and Energy is viewed by Fitch Ratings as raising uncertainties for the ethanol sector whose price dynamics are strongly correlated with Petrobras’ pricing policy. The government influence on Petrobras’ business strategy could be a cash flow negative for […]
