Aug 29, 2023
Soybean supply set to hit record high
Policy News
Aug 29, 2023
The European Union is looking at Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, Reuters reported.
This is ahead of an anticipated boom in demand for environmentally sustainable air travel, an EU official said.
The EU has pledged to dedicate half of its €300 billion ($324 billion) infrastructure plan, seen as a rival to China's... [Read More]
Policy News
Aug 25, 2023
The downstream oil sector’s leading trade begins its new phase as Fuels Industry UK to demonstrate its evolving remit to champion low carbon fuels as well as traditional petroleum products.
Previously known as the United Kingdom Petroleum Industry Association (UKPIA), the change reflects its members' ambition to manufacture and supply the biofuels, low carbon hydrogen... [Read More]
Biodiesel News
Aug 24, 2023
Indonesia has being calling for WTO dispute consultations with the European Union regarding the bloc's imposition of duties on imports of biodiesel from the south-east Asia nation, Reuters reported.
The request was circulated to WTO members on August 15, the trade body revealed, adding that Indonesia argues that the EU countervailing duties and the investigation that... [Read More]
Policy News
Aug 23, 2023
US oil refiner Phillips 66 and grain trader Archer-Daniels-Midland (ADM) are in talks over a new biofuels joint venture, Reuters reported.
The aim is of the collaboration is to produce sustainable aviation fuel (SAF).
The oil and corn-based ethanol industries, which were at odds for years over blending mandates, have increasingly become allies amid a series of partnerships... [Read More]
Bioethanol News
Aug 22, 2023
Gevo has announced that its Net-Zero 1 ethanol-to-jet project has been invited by the UUS Department of Energy to the due diligence and term sheet negotiation phase for a $950 million (€1.1 billion) loan guarantee under the Title 17 Clean Energy Financing Programme.
The invitation was based on the DoE’s determination that Gevo’s Net-Zero 1 Project is highly qualified... [Read More]
Bioethanol News
Aug 21, 2023
China petrochem company Shandong Haike Chemical has selected Axens’ Vegan® technology to produce sustainable aviation fuel (SAF) by retrofitting its existing assets.
Vegan® technology is a second-generation hydrotreated vegetable oil (HVO) solution which processes up to 100% of any kind of lipid, including wastes from agriculture and food industry to produce renewable... [Read More]
Biodiesel News
Aug 18, 2023
The European Commission officially has opened an anti-circumvention investigation to address suspected evasion of EU countervailing duties on Indonesian biodiesel imports via China and via the UK.
This was triggered by a European Biodiesel Board (EBB) request in July.
Since the imposition of countervailing duties on biodiesel imports from Indonesia in December 2019,... [Read More]
Biodiesel News
Aug 18, 2023
Peninsula has completed its first biofuel deal for Japanese shipping company Kawasaki Kisen Kaisha (K Line).
Peninsula delivered 700 tons of UCOME-based B24 marine biofuel to K Line’s oceangoing bulk carrier M/V Cape Amal in Hong Kong through local physical supplier Chimbusco Pan Nation (CPN) on 11 August.
Peninsula added that it will be taking delivery of its newly-built... [Read More]
Biodiesel News
Aug 18, 2023
Exports of oilseeds grown in Ukraine increased despite the war that has been going on since February last year and the associated restrictions that have been imposed.
Ukraine maintained its global position as main producer of sunflower seed in the 2022/23 season.
Although the 12.2 million tonne harvest was 5.3 million tonnes smaller than that of the previous season,... [Read More]
Biodiesel News
Aug 17, 2023
Malaysia's palm oil board and state oil firm Petronas have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel.
The two organisations signed a memorandum of understanding (MoU) on August 14 to explore the potential of palm-based products and wastes, such as used cooking oil and palm oil mill effluent, as the main raw... [Read More]
Features
Aug 17, 2023
The growing global energy demand has been the strongest factor for the increasing levels of fossil-CO2 emissions into the atmosphere.
To decrease the dependency on fossil fuel and at the same time decrease the emitted greenhouse gases (GHG), renewable energy sources are required.
According to the International Panel on Climate Change (IPCC), negative CO2 emissions... [Read More]
Bioethanol News
Aug 17, 2023
Boeing has earmarked Brazil as a prospective world-leading producer of sustainable aviation fuels (SAF) as concerns over supplies grow.
Concerns have been raised over SAF supplies, to meet global net-zero aims. Boeing has singled out Brazil given the country is already among the world’s largest producers of biofuels from agriculture.
“Brazil has the technical capacity,... [Read More]
Policy News
Aug 16, 2023
Google has joined a Shell-backed blockchain platform that allows airlines to sell sustainable aviation biofuels (SAF) credits to business customers.
The Avelia programme was launched by Shell and American Express Global Business Travel (BGT) last year.
It aims to initially offer 1 million gallons of SAF credits to corporate customers.
The initiative aims to connect... [Read More]
Bioethanol News
Aug 16, 2023
International Airlines Group (IAG) and Microsoft have signed the largest co-funded purchase agreement for sustainable aviation fuel (SAF) emissions reductions globally, where both parties are funding part of the cost of the supply.
IAG’s industry-leading SAF programme has seen it commit to $865 million (€791 million) in future SAF purchases and investments as of the... [Read More]
Policy News
Aug 15, 2023
The American Coalition for Ethanol (ACE) has called on US President Joe Biden to ensure the Environmental Protection Agency (EPA) promptly finalises its proposed regulation to eliminate the 1-pound per square inch (psi) Reid vapour pressure (RVP) waiver for petroleum containing 10% ethanol (E10) in eight states.
In a letter to President Biden, ACE CEO Brian Jennings... [Read More]
Biodiesel News
Aug 15, 2023
The production of renewable diesel at Neste’s Singapore refinery expansion was restarted in early August, according to the company’s plans.
The production line at the expanded part of the refinery was shut down in June for unexpected equipment repairs.
The ramp-up of the production at the expanded part of the refinery continues and is planned to be completed by... [Read More]
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