In Texas, Koch Engineered Solutions announced that two of its companies, Optimized Process Designs (OPD) and Koch Project Solutions (KPS), have engaged with Fidelis Infrastructure, LP as partners to support Fidelis Infrastructure, LP in the execution and implementation of certain components of the Grön Fuels, LLC renewable energy complex. The $9.2 billion multi-year program is located at […]
In Texas, Phillips 66 is securing feedstock for the company’s growing portfolio of renewable fuels projects by investing in a new soybean-processing plant in Iowa. The company’s investment gives it a minority ownership stake in Shell Rock Soy Processing, named after the nearby town in northeast Iowa, where it will be built. The plant, which […]
In Texas, Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental, and bio-engineering startup Cemvita Factory announced a plan to construct and operate a one metric ton per month bio-ethylene pilot plant, applying a jointly developed technology using human-made carbon dioxide (CO2) instead of hydrocarbon-sourced feedstocks. The pilot project will scale up the process that […]
In Texas, Darling Ingredients Inc. announced that its joint venture with Valero Energy Corporation, Diamond Green Diesel (“DGD”), has entered into a new $400 million senior, unsecured revolving credit facility. CoBank ACB acted as lead arranger and will be the administrative agent for the lending group, which is comprised of Farm Credit System institutions. The […]
In Texas, Viridis Chemical, LLC and HELM U.S. Corporation announced an exclusive Global Marketing Partnership for the purchase and sale of USP grade bio-based Ethanol and bio-based Ethyl Acetate to be produced at the Viridis Chemical manufacturing plant in Columbus, Nebraska. HELM will immediately assume the exclusive responsibility for global sales, marketing and logistics management […]
In Texas, Valero Energy Corporation and BlackRock Global Energy & Power Infrastructure Fund III are partnering with Navigator Energy Services to develop an industrial scale carbon capture pipeline system. The initial phase is expected to span more than 1,200 miles of new carbon dioxide gathering and transportation pipelines across five Midwest states with the capability […]
In Texas, Kinder Morgan, announced that it has formed a new Energy Transition Ventures group within Kinder Morgan to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition. The group will focus on broadening Kinder Morgan’s reach beyond the low-carbon energy initiatives currently in development by KMI’s business units. The team consists […]
In Texas, Reuters reports three vessels with capacity to carry 30,000 metric tons of ethanol each are headed to China from the US’s Gulf Coast region. Though it’s not clear if the vessels are carrying solely ethanol but if they are, they would represent more Chinese ethanol imports from the US than during all of […]
In Texas, Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (“DGD”), has received approval from both companies’ boards of directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. DGD Port Arthur’s capacity is estimated to be 470 million […]
In Texas, MMEX Resources intends to develop solar energy to power multiple planned projects producing hydrogen and ultra-low sulfur fuels combined with carbon dioxide (CO2) capture in Texas. Jack W. Hanks, President and CEO of MMEX Resources Corp, announced a modified business plan moving MMEX to clean energy use and production. “The company plans to […]
