In Indonesia, Reuters reported that the Indonesian government has clamped down on exports of used cooking oil (UCO) and palm oil residue to ensure supply to domestic cooking oil and biodiesel industries. The move aims to help attain a new mandate starting from this year, of mixing 40% of palm oil-based fuel with diesel fuel, […]
In Indonesia, Reuters reports Indonesia has decided to limit exports of used cooking oil as well as palm oil residue such as palm oil mill effluent in an effort to retain sufficient feedstock in the country to achieve its new 40% blending mandate. As the levy lobbed on crude palm oil exports are used to […]
In the UK, Oil & Gas Journal reported that Indonesia’s state-owned PT Pertamina has entered a memorandum of understanding (MoU) with PT Gapura Mas Lestari (PT GML) for supply of biogenic feedstock to support the second phase of a grassroots renewable fuels production unit at subsidiary PT Kilang Pertamina Internasional’s (PT KPI) 348,000-b/d Cilacap integrated […]
In Delaware, Global Market Insights reported that the used cooking oil market valuation is predicted to exceed $10.9 billion by 2032. “The market is expanding due to the rising demand for sustainable solutions, with biodiesel production being one of the key applications. As an eco-friendly energy source, biodiesel made from used cooking oil market contributes […]
In Florida, EnergyAgwired.com reported that The Renewable Fuels Association provided comments this week in response to a request for information from the California Air Resources Board, urging them to do more to ensure the integrity of imported used cooking oil (UCO) and tallow for biomass-based diesel production under the state’s Low Carbon Fuel Standard. According […]
In Malaysia, Bloomberg reports the Bursa is contemplating adding used cooking oil futures to compliment palm oil futures for hedging in the biodiesel market. Contract specification that have been shared with industry representatives show that proposed UCO futures contracts would be US dollar denominated, cash-settled, and priced against the FOB Straits assessment for used cooking […]
In Thailand, Bangchak and BSGF Co., Ltd., together with New Biodiesel and Thanachok Vegetable Oil (2012) Co., Ltd. recently signed a memorandum of understanding to create a domestic sustainable aviation fuel supply chain with used cooking oil as feedstock. New Biodiesel, a leading expert in palm oil production and collection of used cooking oil in […]
In the UK, De Montfort University Leicester (DMU) reported that a group of its researchers have pioneered a new manufacturing process which could make the creation of biofuel from waste cooking oil faster and more efficient. Professor Katherine Huddersman, Dr Rawaz Ahmed, Saana Rashid, and Ketan Ruperalia, all based in a team of experts from […]
In China, Reuters reported that Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand. The agreement between Hong Kong-based EcoCeres and Shenzhen Expressway Group, which handles more than 2.5 million […]
In China, EcoCeres, Inc. signed a strategic partnership agreement with Shenzhen Expressway Environmental Co., Ltd. to collaborate in areas including the collection and transportation of used cooking oil (UCO) and wasted oil, pre-treatment and processing, production of renewable fuels, circular economy utilization, and carbon reduction. This partnership will create a new model for feedstock procurement […]
