News

Jul 10, 2023
Clean Fuels Alliance America has thanked the US Department of Agriculture (USDA) for announcing new Higher Blends Infrastructure Incentive Programme grants for 59 projects, including ones that will increase consumer access to biodiesel from California to New Hampshire. The industry said it appreciated USDA’s commitment to make additional funding available on a quarterly basis, with five…
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Jul 10, 2023
Global sunflower seed output is set to hit a new record high in 2023/24 following larger harvests in the EU-27 and Ukraine. The International Grains Council (IGC) projects a global sunflower seed harvest of 56.9 million tonnes this season. This will not only be up around 5% on the previous year, but also 1.6 million tonnes more than previously expected. The previous record high of 56.2…
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Jul 7, 2023
The International Air Transport Association (IATA) will publish an annual Track Zero report using its tracking methodology to report industry-level progress towards aviation’s commitment to net-zero carbon emissions by 2050. The Net Zero Tracking Methodology and related reporting process were developed with industry experts. IATA will aggregate and report annually inputs from IATA member…
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Jul 7, 2023
Indian Oil Corporation (IndianOil) and Praj Industries have signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include sustainable aviation fuel (SAF), ethanol, compressed biogas (CBG), biodiesel and bio-bitumen among others. Shrikant Madhav Vaidya, chairman, IndianOil, said: "The collaboration with an Indian…
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Jul 6, 2023
Bunge and Chevron’s Renewable Energy Group have acquired Chacraservicios based in Argentina. This latest investment in novel seeds adds a new oil source in Bunge and Chevron’s global supply chains and will help both companies meet the growing demand for lower carbon renewable feedstocks. “Across our business, our decision-making process includes a focus on carbon. Investing in this new…
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Jul 6, 2023
Bangchak Group in Thailand is to produce sustainable aviation fuel (SAF) from used cooking oil. The ceremony for the construction agreement of SAF production unit was signed between BSGF Company Limited and TTCL Public Company Limited. Chaiwat Kovavisarach, group CEO and president, Bangchak, said: “Over the course of nearly four decades since Bangchak was established with a mission to create…
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Jul 6, 2023
UKPIA is calling on the UK Government to set an achievable target for the amount of sustainable aviation fuel (SAF) used by UK airlines in 2025 or risk higher prices for passengers. In response to the Government’s consultation on Developing the UK Sustainable Aviation Fuel Mandate, UKPIA said that setting a target for SAF above 0.5% as a proportion of jet fuel in 2025 would be unachievable,…
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Jul 5, 2023
Volvo Cars has announced that most of its seafaring journeys will be made with renewable fuel instead of traditional fossil fuel. The car company said it would achieve an immediate reduction in fossil CO2 emissions from intercontinental ocean freight by 55,000 tonnes over a year. The fuel used is Fatty Acid Methyl Esters (FAME) and is based on renewable and sustainable sources, mainly waste…
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Jul 5, 2023
CropEnergies, Mannheim, Germany, has reported revenues of €321 million and an operating profit of €14 million in the first quarter of 2023/24. This corresponds to an EBITDA of €25 million (previous year: €98 million). Ethanol production declined to 221 (previous year: 281) thousand cubic meters due to scheduled maintenance shutdowns. The main reasons for the decline in revenues and…
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Gevo Inc., is a technology development and commercialisation company focused on largescale deployment of net-zero renewable hydrocarbon fuels, chemicals and nutritional products. Using a combination of proprietary biological and chemical transformations and a strategic alliance with Axens, the company plans to offer the technological know-how and systems design for a wide range of products…
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Jul 5, 2023
Gevo is a technology development and commercialisation company focused on largescale deployment of net-zero renewable hydrocarbon fuels, chemicals and nutritional products. Using a combination of proprietary biological and chemical transformations and a strategic alliance with Axens, the company plans to offer the technological know-how and systems design for a wide range of products while…
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Jul 4, 2023
Airbus and LanzaJet have entered into a memorandum of understanding (MOU) to address the needs of the aviation sector through the production of sustainable aviation fuel (SAF). The MoU establishes a relationship between Airbus and LanzaJet to advance building SAF facilities which will use LanzaJet’s Alcohol-to-Jet (ATJ) technology. This agreement also aims to accelerate the certification and…
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Jul 4, 2023
Victor and Neste are celebrating one year of a successful partnership together. They have now called for commercial airlines to consider replicating their working blueprint - which they believe could significantly accelerate SAF demand globally. Since June 2022, when Victor and Neste launched this first direct-to-consumer SAF blueprint. The average percentage of fossil fuel voluntarily…
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