In the UK, global energy and commodity price reporting agency Argus said it has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. Argus noted that the AOM platform offers real-time price transparency daily between 4pm and 4:30pm London time for […]
In Japan, Bloomberg reported that Japanese bank Sumitomo Mitsui Banking Corp. said that banks are keen to finance SAF projects. However, the bank noted that banks also face key risks including uncertainty over feedstock supplies and changing policy mandates around the green fuel. “We are very open” to SAF projects, Siddhartha Shrivastava, head of new […]
In Croatia, Balkan Green Energy News reported that Croatia Airlines conducted its first flights using sustainable aviation fuel. According to the report, Croatia Airlines revealed that it operated flights using sustainable aviation fuel for the first time, to prepare for the introduction of a law on increasing the uptake of sustainable fuels from 2025. The […]
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 […]
