“This is a very important step in our renewables growth strategy execution,” said Peter Vanacker, Neste’s president and CEO after the Finland-based oil refiner Neste and renewable products producer announced a major new deal. The two major companies have signed definitive agreements for the establishment of a 50/50 joint venture with US-based Marathon Petroleum... [Read More]

Gevo has purchased 245 acres of land in South Dakota for its first commercial scale sustainable aviation fuel (SAF) facility - Net-Zero 1. The site near Lake Preston initially optioned for purchase by Gevo in December 2020. “After just over 18 months of due diligence at the site, we are excited to commit and move forward. The potential of what we are creating here... [Read More]

Boeing will strengthen its partnership with Japan by opening a new Boeing Research and Technology (BR&T) centre in the country. The facility will focus on sustainability and support a newly expanded cooperation agreement with Japan's Ministry of Economy, Trade and Industry (METI). Boeing and METI have agreed to broaden their cooperation agreement to now include a... [Read More]

Hyundai Oilbank and Lotte Confectionery have signed a deal to produce biodiesel. Lotte Confectionery will supply by-products made during the food manufacturing process, mostly used cooking oil, to the oil refining company which will utilise them as feedstock for biodiesel. Hyundai Oilbank is building a 10,000 sq ft biodiesel production facility at its Daesan plant in... [Read More]

TAP has signed an agreement with Galp and Aeroportos de Portugal to begin the supply and use of sustainable aviation fuel (SAF) on its Portugal flights. The first flight in Portugal fuelled with SAF departed on July 22 for a flight between Lisbon and Ponta Delgada. The fuel included a blend containing 39% SAF from Neste and was of waste and recycled oils, referred to... [Read More]

The UK Government has launched its Jet Zero Strategy which commits UK domestic aviation to achieving net zero emissions by 2040. It will commit to getting all airports in England to becoming zero-emission by the same year. The strategy will enable “guilt-free” air travel, according to the Government, by “delivering system efficiencies to new technologies”, allowing... [Read More]

German rapeseed meal exports fell 22% short of the previous year's record volume. Its main buyers such as the Netherlands, Spain and France, imported considerably less, whereas Denmark, Finland and Switzerland ordered more. According to information published by the German Federal Statistical Office, Germany exported a total of just over 1.5 million tonnes of rapeseed... [Read More]

Representatives of Shell and Lufthansa have signed a non-binding Memorandum of Understanding (MoU) for exploring the supply of Sustainable Aviation Fuel (SAF). The SAF will be supplied by Shell to the Lufthansa Group for seven years at airports across the globe, starting in 2024. The parties contemplate negotiating towards reaching a definitive purchase agreement with... [Read More]

Neste has agreed to acquire 100% of Walco Foods, an Irish trader of animal fats. The transaction with the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, is subject to the fulfillment of customary closing conditions and regulatory approval. “This is another important step for Neste in the execution... [Read More]

Eni has completed the construction of a tan oilseed collection and pressing plant in Makueni, Kenya. The company has now started production of the first vegetable oils for biorefineries. The first agri-hub will have an installed capacity of 15,000 tons with an expected production of 2,500 tons this year. Claudio Descalzi, CEO of Eni, said: "This project embodies all... [Read More]

The International Air Transport Association (IATA) has called on governments to urgently put in place large-scale incentives to rapidly expand the use of sustainable aviation fuels (SAF). This comes as aviation pursues its commitment to achieving net-zero carbon emissions by 2050. To fulfill aviation’s net-zero commitment, current estimates are for SAF to account for... [Read More]

Bulk tonnage provider Spar Shipping, ship management leader Fleet Management and GoodFuels have successfully completed a 10-day trial of 100% sustainable marine biofuel on board the bulk carrier Spar Lynx. Spar Lynx was refuelled with GoodFuels’ biofuel during its port stay in Dordrecht, in the Netherlands, before sailing to the port of Icdas, in Turkey. The next-generation... [Read More]

Clariant announced its second quarter and first half year results where continuing operations sales were CHF $1.301 billion, compared to CHF $1.032 billion in the second quarter of last year. This corresponded to an increase of 29% in local currency, 25% of which was organic, and 26 % higher sales in Swiss francs. For the fifth sequential quarter, both pricing and... [Read More]

Indonesia has started testing for two types of biodiesel containing 40% palm oil. The government currently mandates that all diesel sold in the country must contain 30% palm oil, Reuters reported. The world's largest producer of palm oil has long-term plans to boost vegetable oil concentration in fuel for everything from cars to aircraft, to be able to cut fuel imports.... [Read More]

Assessing the state on biofuels development across Africa with any degree of accuracy or fairness is always a challenge, given the vastness and diversity of the continent. The complexity of the task is even greater at the moment as the impact of Russia’s invasion of Ukraine impacts on previous plans for Africa’s transition away from fossil fuels as the world seeks... [Read More]

Quadrise, the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, which are lower-cost, lower-carbon alternatives to fuel oils and biofuels, has announced it has signed a framework agreement with MSC Ship Management of Cyprus - a subsidiary of MSC Mediterranean Shipping. Under the Agreement, proof-of-concept tests and subsequent operational trials will... [Read More]