News
Casterra has announced the receipt of an additional purchase order valued at $440,000 (€411,000) from an existing customer.
This order expands Casterra's operations into a new African country and solidifies Casterra's unique offering in the biofuel market.
Yoash Zohar, CEO of Casterra, said: "This additional order reflects the confidence in Casterra's capabilities and in our castor seed…
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Hot on the heels of the recently announced key hire and strategic growth plans, HutanBio seed round advances to £3 million (€3.5 million) with investment from UK Innovation & Science Seed Fund.
This additional investment demonstrates the growing interest in low-carbon fuel technologies to support the drive to NetZero in the complex and more challenging Maritime and Aviation sectors.
K…
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The European Investment Bank (EIB) and Cepsa sign a €285 million loan agreement for the construction of an advanced biofuels plant to be located next to the La Rábida Energy Park in Palos de la Frontera, Andalusia.
The plant, which Cepsa is building together with Bio-Oils, will produce sustainable aviation fuel (SAF) and renewable diesel (HVO), from organic waste such as used cooking oil or…
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HutanBio has solidified its commitment to the Cambridge entrepreneurial ecosystem with the announcement of expansion initiatives and the appointment of James Ibberson as Head of Engineering.
James Ibberson joins HutanBio with a wealth of experience as founder and director of Tebira Ltd. A technical consultancy specialising in electronic, software, and systems development for global clients. …
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XPO Logistics, the official transport partner of the Tour de France for the 44th consecutive year, will be reducing the environmental impact of the famous cycling event by using HVO biofuel and an electric truck.
XPO Logistics will also be moving the Tour de France Femmes Avec Zwift as their Official Transport Partner since the inaugural edition of the Women´s Tour in 2022.
From the start of…
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OMV has started up its co-processing plant at the Schwechat refinery in Austria.
Almost €200 million has been invested to allow up to 160,000 metric tons of liquid biomass being converted into high-quality renewable hydrogenated vegetable oil components.
These more sustainable blending components will be used also for formulation of OMV’s MaxxMotion Diesel.
It will have a new unique…
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Growing production of soybean meal in the US and South America is driving the use in biofuels and has caused global biodiesel supply to rise to a record high level.
Based on official data, private sources and forecasts, the International Grains Council (IGC) estimates global production of biodiesel, including HVO, for 2023 at a record high of 71.5 million tonnes.
This is an 11% increase on the…
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EU-27 soy supply is expected to increase further in the 2024/2025 marketing season.
The main reason for the anticipated larger 2024 harvest volume is the larger area sown, whereas yields are seen to decline slightly.
The soybean output within the European Union more than tripled over the past 10 years. The EU Commission expects the soybean harvest this year to amount to just less than 3 …
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Amtrak has replaced more than a million gallons of fossil fuel with renewable diesel in the past 12 months.
The company has began integrating climate resilience and sustainability design measures into capital projects and it has finalised plans to host its first clean energy generation facility.
“Passenger rail is widely recognised as one of the most sustainable modes of transportation, and…
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Chevron Lummus Global LLC (CLG) said its ISOTERRA technology has been selected for a groundbreaking sustainable aviation fuel (SAF) project in China.
CLG will provide the technology license, engineering services, and supply proprietary equipment and catalysts for this first-of-its-kind facility.
"We are honored to be entrusted with advancing China's sustainability goals through our proven…
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CPM Holdings (CPM) has unveiled its new state-of-the-art facility to serve the animal feed, oilseed, alternative fuel and other industries.
The new site in Waterloo, Iowa, produces a wide variety of equipment including pellet mills, flaking mills, hammermills, roller mills, pellet crumblers and related aftermarket parts. The 172,960-square-foot building includes space for advanced…
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The Sedona-Oak Creek Airport Authority (SOCAA) — in partnership with leading aviation fuel supplier, Avfuel Corporation, and the airport’s fixed base operator (FBO), Red Rock Aviation — has announced that Sedona Airport now offers sustainable aviation fuel (SAF).
The airport is Avfuel’s first location to offer SAF in the state of Arizona, positioning it as a leader in eco-conscious…
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US production of hydrotreated vegetable oil (HVO) has noticeably picked up pace over recent years.
Today, it accounts for an even larger share than biodiesel, according to recent information published by the US Energy Information Administration (EIA).
The EIA said around 19.9 million tonnes of biodiesel including HVO were produced in the US in the calendar year 2023.
Biodiesel production, at…
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bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia joint venture, one of Brazil’s leading biofuels-producing companies.
Upon completion, bp will become sole owner of the industrial scale sugarcane and ethanol business, enabling bp to accelerate value creation through integration with bp’s trading and technology capabilities.
The enterprise value of the…
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100% renewable Superethanol-E85 could act as an alternative to fossil fuels to cut back on CO2 emissions in road transport as well as emissions of regulated pollutants, according to ePURE.
New research points to 100% renewable Superethanol-E85 as a viable replacement for fossil fuels to reduce carbon dioxide emissions produced by transport.
While the European Union adopted a regulation in 2023…
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Finnish Valtra, a globally operating tractor manufacturer belonging to AGCO Corporation, has reached a significant milestone by having used altogether 5 million litres of Neste MY Renewable Diesel™ as a factory-fill fuel as well as in testing and in its factory forklift trucks at its Suolahti factory.
By replacing fossil fuel with Neste’s renewable diesel, Valtra has prevented over 15 000…
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