In Spain, Cepsa has signed an agreement with Evos, a liquid energy and chemical products storage company with several centers in strategic locations in Europe, to allow the storage of green methanol, which Cepsa will produce, at Evos facilities in Algeciras and Rotterdam. The collaboration, which also provides for the storage of green ammonia at […]
In South Korea, The Korea Times reported that HD Hyundai Oilbank has started production at its biodiesel plant with an annual capacity of 130,000 tons. To expand the use of biodiesel, the government of South Korea decided to increase the current mandatory blending ratio of 4 percent to 8 percent by 2030 under its renewable […]
In Switzerland, Bcomp announced it has completed a $40 million Series C investment funding round. The round was led by EGS Beteiligungen AG (EGSB), a major Swiss institutional investor focused on growth-stage companies. Verve Ventures, Zürcher Kantonalbank, and RKKVC are additional new investors, the firm said. The funding round also saw a group of Series […]
In Illinois, Advancion Corporation announced the introduction of a new, bio-based multifunctional amino alcohol specifically developed for use in beauty and personal care applications. The new ingredient, exclusively manufactured by Advancion, is 50% bio-based and “provides exceptional performance, including high-efficiency neutralization, emulsion stabilization and pigment dispersion”, the firm said. “This innovative ingredient is the result […]
In Denmark, Topsoe has signed an agreement with Cepsa, under which Topsoe will provide its HydroFlex technology for the production of SAF and renewable diesel at Cepsa’s and Bio-Oils’ new second-generation biofuels plant in Palos de la Frontera, Spain. The plant, which began construction in February 2024, is expected to produce 500,000 tons of SAF […]
In Florida, Blue Biofuels announced the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility. This endeavor is grounded in the company’s Cellulose-to-Sugar (CTS) system, which has undergone and is undergoing continuous refinement and optimization for the efficient conversion of cellulosic biomass into ethanol, the firm said. “The engineering […]
In Singapore, Singapore Business Review reported that the Coastal Sustainability Alliance (CSA) is investing up to $10 million in efforts to develop and increase adoption of maritime biofuel in Singapore. The report noted that two alliance members, Green COP and Ken Energy, will lead the partnership, and have inked a memorandum of understanding on 16 […]
The Wagner Companies has actively been working toward implementing more green business practices since 2004, when they first participated in the Queensland Focus on Energy program. As a result, they have upgraded to more energy-efficient lighting; and hot-water boiler and air compressor systems. They also offer products and components that qualify for LEED credits. But […]
In Texas, Vitol has aquired BioMethane Partners to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years of combined experience in designing, building, and operating gas collection systems, natural gas treatment plants, and pipeline interconnects and injection across the landfill gas (LFG) and traditional natural gas businesses. […]
In Scotland, UK spaceflight company Orbex has received £16.7m from six backers in an update to its Series C funding round. With pre-launch testing underway, the funding will help Orbex ramp up the development of Prime, its 19-metre long, two-stage rocket designed to transport small satellites into Low Earth Orbit. The aim is to ensure […]
