In Germany, Insempra announced the successful completion of a $20 million Series A financing round. Following an initial $15m seed round conducted in 2021, this financing round will enable Insempra, to continue building a technology platform that delivers high-performance sustainable ingredients for a wide range of industries, while supporting the company in the scale up […]
In Delaware, research firm Allied Market Research reported that the global waste to energy market size was valued at $35.6 billion in 2022, and is estimated to reach $56 billion by 2032. The report showed that the market is forecast to expand at a CAGR of 4.7% from 2023 to 2032. The report also revealed […]
In the UK, Nova Pangaea Technologies (NPT) welcomed the UK Government’s announcement of its SAF mandate plans. The mandate becoming law is key to driving investment into a domestic SAF industry placing the UK at the forefront of aviation decarbonization, the firm said. Sarah Ellerby, CEO of NPT, said: “I am pleased by the UK […]
In Texas, during the second quarter of 2024, Vertex is pausing renewable fuels production and redirecting the hydrocracking unit to conventional fuels and products. The company had a previously planned catalyst and maintenance turnaround scheduled for 2024. It will use that planned turnaround to load conventional catalyst and bring the unit out of turnaround in […]
In Singapore, Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial the continuous use of a biofuels blend comprising of 24% Fatty Acid Methyl Esters (FAME) and very low sulphur fuel oil (VLSFO) […]
In the UK, Bio Capital Group, the UK’s leading commercial energy from food waste producer, has added a fourth asset to its portfolio in Scotland. The newly acquired Linwood food waste transfer station will significantly improve Bio Capital’s ability to process feedstock for its regional Anaerobic Digestion (AD) facilities. The company provides a treatment service […]
In Italy, Marta Cosulich, an IMO Type II chemical bunker tanker fully equipped to carry methanol and biofuels up to B100 was added to the Fratelli Cosulich fleet. The new ship, from the Zhejiang Shenzhou Sunshine Heavy Industry Co., Ltd yard in China, was built following the modern bunker tanker technology. In February, the company […]
In Washington, the Energy Information Administration reports ethanol production fell to an average of 965,000 barrels a day last week as seasonal maintenance continues, but in line with the same volumes during this period last year. As a result, stocks fell to an 18-week low of 24.2 million barrels. As a result of lower production […]
In Washington, Bloomberg reports that the US is latest to suffer from suspicious imports of used cooking oil supplies from China, following Europe who has launched investigations into the significantly increased trade flows. In 2023, the US International Trade Commission says UCO imports from China tripled from the year prior, with half of those volumes […]
In Finland, Nordic Bioproducts Group (NBG), a leader in biomaterial innovation and developer of proprietary AaltoCellTM Technology, announces the opening of its commercial-scale production facility for microcrystalline cellulose (MCC) and other cellulose derivatives in Lappeenranta, Finland. This first-of-its-kind facility represents a significant leap in manufacturing, enabling continuous and sustainable production at scale. Featuring the world’s […]
