Tag: Canada

$33M biofuel terminal to power Great Lakes shipping’s green shift

$33M biofuel terminal to power Great Lakes shipping’s green shift

November 13, 2024 |

In Port Colborne, Ontario, a new $33-million biofuel terminal aims to green Great Lakes shipping, with over 100 vessels expected to fuel up annually. Announced Tuesday near the waterfront, the facility will be managed by Hamilton-Oshawa Port Authority in collaboration with Canada Clean Fuels and Canada Steamship Lines. “This new facility will make biofuels more […]

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Canada grants $18M for four green shipping projects

Canada grants $18M for four green shipping projects

November 13, 2024 |

In Canada, the President of the Treasury Board and Minister of Transport announced up to $25.2 million for four projects, funded under the Green Shipping Corridor Program, to support both shore-power and alternative fuel solutions in the marine sector. This funding will: ·      update current infrastructure; ·      upgrade and construct fueling infrastructure to support greener […]

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EverWind Fuels Awarded $16 million investment from Canada for clean port and green fuels hub

EverWind Fuels Awarded $16 million investment from Canada for clean port and green fuels hub

November 1, 2024 |

In Canada, EverWind Fuels said it has been awarded $16 million through Transport Canada’s Green Shipping Corridor Fund, marking a significant milestone in establishing Atlantic Canada as a premier hub for green hydrogen and ammonia production and transportation. The firm noted that this strategic investment will support critical marine and shore-side infrastructure development at EverWind’s […]

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Farm Credit Canada says US tax changes from Jan. could hinder Canadian biodiesel production growth

Farm Credit Canada says US tax changes from Jan. could hinder Canadian biodiesel production growth

October 29, 2024 |

In Canada, Farm Credit Canada says starting January 1, 2025, tax credit changes in the U.S. regarding biofuel production will take effect which could hinder the growth of Canadian biodiesel production. This raises the question: with potentially limited demand for refined canola and soy oil from domestic fuel companies, does that mean Canadian production of […]

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GrowTEC lands $1.45M from Canadian government for AD expansion project

GrowTEC lands $1.45M from Canadian government for AD expansion project

October 15, 2024 |

In Canada, EverGen Infrastructure Corp says Grow the Energy Circle Ltd. (GrowTEC), an operating farm scale biogas facility, has received up to C$2-million from Agriculture and Agri-Food Canada (AAFC) to support the development of Phase 2 of its anaerobic digester expansion project. This funding will enable the GrowTEC facility to significantly expand and optimize RNG […]

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Braskem teams with University of British Columbia to investigate electrochemical reactor use to produce methanol from CO

Braskem teams with University of British Columbia to investigate electrochemical reactor use to produce methanol from CO

October 15, 2024 |

In Canada, Braskem announced a collaboration with the University of British Columbia (UBC) to explore the feasibility of using an electrochemical reactor to produce methanol from CO, an important intermediate that can be obtained from CO2 Capture and Conversion. The project, which will last one year, is fully funded by Braskem as part of its […]

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Petrox extends LOI to buy SSGE Bioenergy to year’s end

Petrox extends LOI to buy SSGE Bioenergy to year’s end

October 1, 2024 |

In Canada, Petrox Resources Corp. announced that, further to its news release of May 24, 2024 in which Petrox announced the signing of a non-binding letter of intent to complete a transaction whereby it will acquire all of the shares of SSGE Bio-energy Company Limited the deadline to enter into a definitive agreement with respect […]

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Methanex signs definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion

Methanex signs definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion

September 15, 2024 |

In Canada, Methanex Corporation announced that it has entered into a definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas, one of which also produces ammonia. The transaction also includes a low-carbon methanol production and marketing business and a […]

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Inomin explores white hydrogen potential at Beaver-Lynx project

Inomin explores white hydrogen potential at Beaver-Lynx project

September 10, 2024 |

In Canada, Vancouver-based Inomin Mines Inc. announced its application for hydrogen rights at the Beaver-Lynx critical minerals project in British Columbia. This move aims to explore the site’s potential for naturally occurring hydrogen, also known as “white hydrogen,” which could be a game changer in clean energy production. The project, positioned between two major copper […]

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Methanex acquires OCI’s methanol business for $2.05 billion

Methanex acquires OCI’s methanol business for $2.05 billion

September 9, 2024 |

In Canada, Methanex announced the acquisition of OCI Global’s international methanol assets for $2.05 billion. The deal includes two large methanol facilities in Beaumont, Texas, with a combined annual production capacity of 1.76 million tonnes of methanol. One plant also produces 340,000 tonnes of ammonia per year, marking Methanex’s entry into ammonia production. The acquisition […]

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