In South Korea, LG Chem successfully developed a new biodegradable material that could realize mechanical properties equivalent to synthetic resins for the first time in the world. The new material developed by LG Chem is the only material is a single biodegradable material with 100% bio contents using corn-based glucose and crude glycerol and it […]
In South Korea, Korea Bizwire reports the Korea Institute of Science and Technology has developed a process to produce biodiesel from lignocellulosic biomass thanks to a microorganism, expanding potential feedstocks for biodiesel to include vast amounts of paper waste including delivery boxes. The microorganism produces biodiesel by consuming the sugars in biomass, specifically glucose and […]
In South Korea, Korea Bizwire reports the country’s top shipper HMM has signed an MOU with Korea Bio Energy Association, Hyundai Heavy Industries Co., Korea Shipbuilding & Offshore Engineering Co., and the Korean Register of Shipping to the use of bio heavy oil in shipping. The company, like many others in the industry, are seeking […]
In South Korea, Platts reports that buyers of US-origin B-grade ethanol in both South Korea and Japan are having problems finding cargoes beyond May. One trader said that though he was able to buy cargos for March and May that he sees purchases further out becoming more difficult. With US ethanol producers facing negative margins, […]
In South Korea, a novel technology has been developed for hydrogen production from the process, which involves electron that is produced during the decomposition of biomass such as waste wood. The result produced after biomass decomposition is a high value-added compound, and it is a two-stone technology that improves the efficiency of hydrogen production. Researchers […]
In South Korea, the Korea Herald newspaper reports that following a $3.2 billion Korea-focused fundraise last year, Korean private equity firm Hahn & Co has purchased SK Chemical’s biofuel arm for more than $322 million. SK Chemical is the country’s largest biodiesel producer but the biofuels unit has now been spun out from the wider […]
In South Korea, Medium reports that Aussie Green Bio Energy has signed a Memorandum of Understanding with Korea Biofuel Corporation to develop $72 million in microalgae-based oil over the next 10 years. Aussie Green Bio Energy plans to set up 4,000 containers at its plantation in Malaysia, producing 40 tons of oil per day. In […]
In South Korea, the joint research team of POSTECH and Seoul National University developed a new microorganism, which they named as Vibrio sp. dhg that they have successfully demonstrated can be a promising microbial platform for the biorefinery of brown macroalgae which can replace starch-crop biomass. Continuing efforts on studying utilization of non-edible biomass have […]
In South Korea, the International Air Transport Association’s AGM overwhelmingly approved a resolution calling on governments to continue important work for full implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) agreed through the UN’s International Civil Aviation Organization (ICAO). CORSIA is the first global carbon pricing instrument for an industry sector. […]
In Washington, D.C., the U.S. Grains Council staff is working with U.S. government officials in the U.S. Department of Agriculture’s Foreign Agricultural Service to support South Korean government and industry as they discuss the use of ethanol as a fuel alternative. South Korea currently ranks as the fifth largest international market for U.S. ethanol but […]
