Tag: biofuels

Singapore start-up Green COP to launch pilot biofuels plant with new funding

Singapore start-up Green COP to launch pilot biofuels plant with new funding

February 18, 2024 |

In Singapore, Manifold Times reported that Green COP, a deep-tech start-up in sustainable fuel solutions in Singapore, announced the successful conclusion of its angel investment round.  With the newly acquired funds, Green COP is poised to establish a sustainable biofuels pilot plant with a daily production capacity of 1 ton. The company has garnered substantial […]

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GEODIS looks to biofuels and other alternatives to decarbonize its supply chain

GEODIS looks to biofuels and other alternatives to decarbonize its supply chain

February 13, 2024 |

In France, GEODIS has pledged to reduce its scope 1 and 2 greenhouse gas (GHG) emissions by 42% and reduce the carbon intensity of subcontracted transport (scope 3) by 30% by 2030 compared to 2022. GEODIS plans to continue the transition towards alternative vehicles and modes using decarbonized or bio-sourced energies and installing suitable infrastructures […]

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BioAdvance to open biofuels plant in Portugal

BioAdvance to open biofuels plant in Portugal

February 3, 2024 |

In Portugal, The Portugal News reported that an investment from BioAdvance is about to be opened in Figueira da Foz, which will start with a production of 20,000 tons of biofuels per year. According to the report, the plant will increase its capacity to 200,000 tons per year in two or three years. For this […]

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Bolivia and Brazil sign deal to expand cooperation on biofuels, biotechnology and fertilizer marketing

Bolivia and Brazil sign deal to expand cooperation on biofuels, biotechnology and fertilizer marketing

February 3, 2024 |

In Brazil, the ministers of the governments of Bolivia and Brazil signed a Memorandum of Understanding (MoU) with the purpose of expanding cooperation in biofuels, biotechnology and fertilizer trade. According to the agreement, both governments also commit to contributing to the development of regulatory, technological and methodological policies in determining prices for the fertilizer and […]

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EU renews approval for UK’s Red Tractor for biofuels certification

EU renews approval for UK’s Red Tractor for biofuels certification

January 31, 2024 |

In the UK, Brexit and subsequent (European Union) EU rule changes to its Renewable Energy Directive (RED) had threatened to remove all UK farm assured growers from the EU biofuels market at the end of 2023. Red Tractor initiated a UK-wide industry effort to avert this negative outcome. Following two years of detailed submissions with […]

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NYK breaks ground at site of future test engine facility for biofuels

NYK breaks ground at site of future test engine facility for biofuels

January 30, 2024 |

In Japan, NYK held a ceremony on Monday to break ground at a site in Chiba Prefecture where the company will install a test engine facility to evaluate the safety of biofuels and accelerate their practical application. The NYK Group will complete the installation of the test engine in June and analyze the biofuel in […]

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Aston University scientists to tackle challenges of converting rice straw into next-gen biofuels

Aston University scientists to tackle challenges of converting rice straw into next-gen biofuels

January 27, 2024 |

In the UK, Aston University scientists are to tackle some of the challenges of how to make inedible rice straw into the next generation of biofuels.  In recent years, biofuels and biobased chemicals have been blended with petrol to create a more sustainable alternative. The Aston University researchers are to examine issues that currently hinder […]

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IEA says emerging economies led 2023 biofuels growth

IEA says emerging economies led 2023 biofuels growth

January 23, 2024 |

In France, the International Energy Agency in its most recent report on renewable energy says that in 2023, the role of biofuels has also come to the fore. Emerging economies, led by Brazil and India, are expected to drive 70% of global demand over the next five years as biofuels start to show their true […]

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Kansas awarded $5 million in biofuels grants

Kansas awarded $5 million in biofuels grants

January 20, 2024 |

In Kansas, KWCH reported that the USDA Rural Development announced that $5 million in grants will be awarded to the state of Kansas. The announcement is part of a larger national announcement that includes projects in 21 other states, according to the report. The grants will be used to increase the availability of domestic biofuels, […]

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Second-generation biofuels market to reach $ 314.5 billion by 2031

Second-generation biofuels market to reach $ 314.5 billion by 2031

January 12, 2024 |

In Delaware, a report by research firm Transparency Market Research stated that the global second-generation-biofuels market would reach a value of $ 314.5 billion by 2031, up from $ 30.2 billion in 2021.  The report noted that the market is forecast to expand at a  CAGR of 26.4% during the 2022 -2031 period. “Policies and […]

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