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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
In Canada, Tidewater Renewables Ltd. has obtained an interim extension of the maturity of its C$175 million first lien senior credit facility, and its C$25 million of additional debt capacity under the second lien term debt facility, from August 30, 2024 to September 18, 2024. This interim extension is expected to provide the Corporation with […]
In Canada, the government of Canada and the government of Quebec have announced C$26,448,693 in joint financial assistance to support Énercycle, the Régie de gestion des matières résiduelles de la Mauricie, for its project to develop a new organic waste recovery center using biomethanization and composting. In addition to diverting approximately 35,000 tons of organic matter […]
