In South Korea, SK and an undisclosed Korean private equity partners have invested $50 million in Fulcrum BioEnergy, the waste-to-fuels company now commissioning its first commercial project near Reno, Nevada. SK Inc. aims to make an inroad into the Korean bioenergy market with SK Ecoplant, another SK Group company, as a potential partner. SK Ecoplant […]
In South Korea, SK Inc., the strategic investment arm of South Korea’s SK Group, announced that it was part of a $50 million investment in Fulcrum BioEnergy Inc., a U.S.-based waste-to-fuels company. SK Inc. was joined in the investment with a Korean private equity fund. SK Inc. has been expanding investments in green businesses and […]
In California, Fulcrum BioEnergy, Inc. has completed construction on the world’s first commercial-scale plant converting household garbage into low-cost, zero-carbon transportation fuels. Through Fulcrum’s revolutionary process, the Sierra BioFuels Plant located east of Reno, Nevada, will convert 175,000 tons of prepared municipal solid waste (MSW) into approximately 11 million gallons of zero-carbon syncrude annually, which will […]
In the UK, Essar Oil (UK) Limited (Essar) has joined forces with Fulcrum BioEnergy Limited (Fulcrum) and Essar’s subsidiary company Stanlow Terminals Limited to create a new facility which will convert non-recyclable household waste into sustainable aviation fuel (SAF) for use by airlines operating at UK airports. This innovative bio-refinery will convert several hundred thousand […]
In Japan, Reuters reports Japan Airlines will begin using fuel produced by Fulcrum BioEnergy regularly in flights originating from San Francisco beginning in 2022, perhaps as early as April, four years after it invested $8.6 million in the start-up. The airline has already used Fulcrum’s MSW-based fuel on occasion. The shift to aviation biofuel, like […]
Tackling two birds with one stone is what Fulcrum is doing with its trash to treasure fuel – dealing with waste disposal AND helping airlines reduce carbon emissions. Jim Macias, President and CEO of Fulcrum, shared this illuminating presentation at ABLC Digital covering Fulcrum’s zero carbon, drop-in, price competitive fuel, their strategic partners model, the latest […]
In California, Fulcrum executives assailed a report appearing this week in Spanish media alleging $100 million cost overruns and other difficulties in the Sierra Biofuels project near Reno, Nevada. It’s loaded with inaccuracies, Fulcrum vice president Rick Barraza told The Digest. “The cost overruns are not $100 million,” said Fulcrum VP and CFO Eric Pryor, […]
In Spain, the El Confidential newspaper reports that Abengoa has ditched the Fulcrum aviation biofuel project it has been working on since 2017 citing irreconcilable difference with the client and a cost overrun of $100 million over the past two years. The plant was supposed to be completed by the end of 2019. Due to […]
In Japan, Japan Airlines, Marubeni, JXTG Nippon Oil and Energy and JGC Japan have agreed to jointly conduct a feasibility study on Sustainable Aviation Fuel production and sales in Japan through the use of industrial and municipal waste, including plastic waste. In this joint study, the parties plan to evaluate the feasibility of the entire […]
Fulcrum Bioenergy is a pioneer in making low-carbon, low-cost, transportation fuels from one of our nation’s most abundant resources – household garbage. And transforming waste to fuel is a beautiful thing, especially when industries like aviation are committed to alternative, more sustainable fuels. More on that with the FAA Multi-Slide Guide below. Jim Macias, President […]
