News

Prices for both rapeseed and soybeans have been on an uptick for several months with the former at record levels. Paris rapeseed futures have rallied significantly since the beginning of the year and on 22 April they reached a record high at €595 per tonne. They have maintained this level since then and the reason for latest sharp price surge was the cold snap that gripped France. According…
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Trinity College Dublin in partnership with Ryanair have announced the launch of a new Ryanair Sustainable Aviation Research Centre. This new initiative has been made possible by a €1.5m donation which Trinity will use to seed a multi-disciplinary research team to engage in research around sustainable aviation fuels, zero carbon aircraft propulsion systems and noise mapping. This new knowledge…
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Avfuel Corporation has reached an agreement with Textron Aviation to supply and integrate sustainable aviation fuel (SAF) into its sustainability initiatives. The two companies have agreed that Avfuel will supply Textron Aviation with Neste MY Sustainable Aviation Fuel at its Wichita headquarters. Textron Aviation will use the product for new aircraft deliveries as well as to fuel customer…
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The Continental Refining Company (CRC) announced it is moving forward with plans to invest an additional $20 million (€16.5 million) to acquire and install a soybean crushing, biodiesel refining and blending facility. CRC has completed its evaluation of the project feasibility at the current CRC oil refinery in Somerset, Kentucky. It is making progress with detailed design, equipment…
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Neste will modify its existing renewables production capacity in Rotterdam to enable production of Sustainable Aviation Fuel (SAF). The modifications to the refinery, an investment of approximately €190 million, will enable Neste to optionally produce up to 500,000 tons of SAF per annum as part of the existing capacity. Neste expects the project to be completed in the second half of 2023.…
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Godavari Biorefineries will be expanding its current distillery capacity to become India’s largest syrup-based ethanol plant. Godavari has appointed Praj Industries for its new expansion plans. As a part of this project, Praj will expand Godavari's existing ethanol manufacturing capacity from 400 kilo litres per day (KPLD) to 600 KLPD using sugarcane syrup. The Government of India has…
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The German Federal Cabinet has proposed legislation under which biofuels will compete with other low carbon pathways to comply with exponentially increasing emission reduction quotas in the coming decade. Electric vehicle (EV) penetration is expected to grow, so biofuel producers fear this could come at the expense of their product demand. Stratas Advisors does not share this outlook. Even if…
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US President Joe Biden announcement of a 50 to 52% emissions reduction target from 2005 levels by 2030 has been welcomed. This is part of the US’s new Nationally Determined Contribution under the Paris Agreement with reference to low carbon renewable fuels as part of the strategy to tackle climate change and meet the country’s commitment under the pact. American Coalition for Ethanol (ACE)…
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Italy’s largest energy company Eni is producing renewable fuels at its refinery in Gela using the Ecofining technology jointly developed with UOP. The production of biofuels at the Gela and Venice refineries is helping Eni meet the growing demand for alternative fuels in Europe. UOP provided technology licensing, basic engineering, specialty equipment, catalysts and training for the project…
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Finnish cosmetics company Lumene is using Neste MY Non-Road Diesel at its factory in Kauklahti. The renewable fuel oil replaces the fossil fuel oil previously used at the factory near Espoo. By switching to a new renewable solution launched by Neste earlier this year, Lumene is able to reduce the greenhouse gas emissions from the production of process steam needed in the product manufacturing…
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ExxonMobil will purchase renewable diesel from Global Clean Energy’s biorefinery which is on schedule to begin production early next year. The renewable diesel at the Bakersfield, California, facility leverages Global Clean Energy’s patented camelina crop, which can significantly reduce life-cycle greenhouse gas emissions. The Bakersfield biorefinery will process up to 15,000 barrels per…
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Global multimodal logistics company Samskip has made an agreement with GoodShipping to run part of its fleet on marine biofuels and significantly reduce carbon footprint. The initial usage of biofuels will enable a CO2-reduction of up to 45%, with plans to scale up to a CO2-reduction of up to 80% for any given voyage later in 2021. The Samskip Endeavour, an 800 TEU capacity containership…
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The first quarter of this year was one of the most significant milestones concerning the accelerated progress towards achieving global CO2 reduction. In recent months, major airlines have reported they are trialling the use of sustainable aviation fuel (SAF) on commercial flights. This development is significantly helping the aviation industry accelerate its use. Supporting the…
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