Tag: World Energy

Limited Biofuels M&A Activity in 2019, Stage Set for Potentially Busy 2020

Limited Biofuels M&A Activity in 2019, Stage Set for Potentially Busy 2020

February 18, 2020 |

By Bruce Comer, Founder and Managing Director, Ocean Park Special to The Digest Slowdown in North American biofuels Mergers and Acquisitions as thin margins and policy uncertainty hung over industry. Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during […]

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Shell Aviation, World Energy to supply sustainable aviation fuel to Lufthansa at SFO; ink multi-year collaboration

Shell Aviation, World Energy to supply sustainable aviation fuel to Lufthansa at SFO; ink multi-year collaboration

January 7, 2020 |

From the UK comes news that Shell Aviation and World Energy inked a collaboration to develop a scalable supply of sustainable aviation fuel. The agreement is intended to be a multi-year collaboration, with both companies acknowledging that the path to lower carbon emissions in aviation requires long-term commitment and collaboration. The Lufthansa buy As part […]

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9 Constellations to watch: A look at the Rising Stars in the Race to SAF

9 Constellations to watch: A look at the Rising Stars in the Race to SAF

August 25, 2019 |

Rising stars are coming together as constellations, the stars are aligning and making magical things happen – today we explore 9 of those constellations building around Sustainable Aviation Fuels. Some of them are young protostars in the earliest stage of stellar evolution, while others are like the Earth’s sun, a main-sequence mid-size star, and a […]

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World Energy shutters biodiesel plants in three states following hardship waiver decision

World Energy shutters biodiesel plants in three states following hardship waiver decision

August 19, 2019 |

In Massachusetts, World Energy, one of the largest and longest-serving low-carbon fuel suppliers in North America, announced that due to the August 9, 2019 decision by the Environmental Protection Agency (EPA) to grant 31 small refinery waivers from the nation’s renewable fuel standard to oil companies, the company will immediately cease production and furlough employees […]

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United Airlines agrees to purchase up to 10 million gallons of aviation biofuel from World Energy

United Airlines agrees to purchase up to 10 million gallons of aviation biofuel from World Energy

May 23, 2019 |

In Illinois, United Airlines further strengthened its emerging reputation as the world’s most environmentally conscious airline by renewing its contract with Boston-based World Energy, agreeing to purchase up to 10 million gallons of cost-competitive, commercial-scale, sustainable aviation biofuel over the next two years. The biofuel, which United currently uses to help sustainably power every flight […]

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World Energy to invest $5.4 million in recuperating South Carolina biodiesel plant

World Energy to invest $5.4 million in recuperating South Carolina biodiesel plant

April 4, 2019 |

In South Carolina, local press reports that World Energy will develop a $5.4 million biodiesel plant in Hampton County, taking over an abandoned biodiesel facility in Estill. The company plans to upgrade the existing equipment on site to bring it up to state-of-the-art production standards. The facility will be World Energy’s first investment in the […]

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For the times they are a changin’ – Conversions abound from diesel to renewable diesel

For the times they are a changin’ – Conversions abound from diesel to renewable diesel

November 4, 2018 |

The seasons are changing in many parts of the world right now, but what really is changing this autumn is how the world is looking at renewable diesel. Phillips 66 and REG’s announcement about a new renewable diesel plant on the U.S. West Coast planned for 2021 comes after a notable increase in refineries that […]

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World Energy to invest $350 million over two years to convert Paramount, California facility

World Energy to invest $350 million over two years to convert Paramount, California facility

October 24, 2018 |

In California, World Energy announced a $350 million investment over the next two years to complete the conversion of its Paramount, California facility into one of the cleanest fuel refineries in the world. The project will enable World Energy Paramount to process 306 million gallons annually. The conversion to renewable jet, diesel, gasoline and propane […]

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Agrisoma, United Airlines and World Energy complete longest transatlantic biojet flight

Agrisoma, United Airlines and World Energy complete longest transatlantic biojet flight

September 16, 2018 |

Carinata is proving that it is a feedstock to be reckoned with, a compelling catalyst for change, with the latest news that Agrisoma, United Airlines and World Energy came together for the longest rransatlantic biojet flight yet. Lots of biofuel flights have been happening over the last few years, so why is this one different? […]

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World Energy partners with CFFI Ventures on $345 million investment deal

World Energy partners with CFFI Ventures on $345 million investment deal

March 28, 2018 |

In Massachusetts, Boston-based advanced biofuel producer, World Energy, LLC announced it has partnered to accelerate growth with an investment group led by Halifax, Nova Scotia based CFFI Ventures (CFFI). The deal, with an aggregate value of $345 million, infuses into World Energy substantial fresh capital and merges into it all the shares of Hamilton, ON […]

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