Feb 15, 2022
Clariant’s shares fall as annual financial results probed
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Jan 27, 2022
The continued dryness in South America has led the US Department of Agriculture (USDA) to revise the forecast of global soybean production considerably downward.
Expectations for world trade, processing and season-ending stocks were adjusted accordingly.
In its latest report, the USDA significantly lowered its forecast of global soybean supply and demand. The biggest... [Read More]
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Jan 26, 2022
Participants will have an opportunity to join the digitalisation journey and visit Neste’s refinery and Technology Centre during the third day of the Petrochemical and Refining Congress (PRC) Europe 2022.
The plant is located in the Kilpilahti industrial area in Porvoo, Finland, and the event will be on 1 June.
For the second consecutive year, PRC Europe is co-hosted... [Read More]
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Jan 24, 2022
It has been revealed that around 7% from 1.4 billion ha of crops such as grain, oilseeds, protein, sugar and fibre plants, fruits, vegetables, nuts and others were grown worldwide went into biofuels production in 2020.
Biofuel production is mostly located in countries where there is already a surplus of feedstock (especially maize, soy and palm oil) and legally prescribed... [Read More]
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Jan 19, 2022
The National Biodiesel Board has unveiled its new name and new brand - Clean Fuels Alliance America.
The organisation said that its transformation to Clean Fuels helps the industry represent all its industry members: biodiesel, renewable diesel and sustainable aviation fuels.
“Our industry has seen and will continue to see significant growth as the world around us... [Read More]
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Jan 13, 2022
Rapid economic recovery is driving global coal power generation to a record this year and overall coal demand to a potential all-time high underlining urgent need for policy action, the International Energy Agency (IEA) revealed.
The IEA said in its annual market report this was undermining efforts to reduce greenhouse gas emissions and was potentially putting global... [Read More]
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Dec 13, 2021
Spanish-based firm Abengoa has been fined €20 million for rigging ethanol benchmarks.
The European Commission, Reuters reported, has been investigating Abengoa, Alcogroup and Lantmannen on alleged rigging of ethanol benchmarks.
These figures were published by energy and commodities information provider S&P Global Platts.
The European Union's competition watchdog... [Read More]
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Nov 30, 2021
StocExpo has unveiled a jam-packed conference programme exploring the future of liquid storage.
The largest and longest running international bulk liquid storage event returns on 8-10 March at the Rotterdam Ahoy.
The conference will take place over all three days of the event, and will feature some of the bulk liquid storage sector’s best and brightest exploring the... [Read More]
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Oct 29, 2021
In the first nine months of the 2021 financial year, Novozymes delivered 6% organic sales growth, marking an important step in fulfilling its long-term growth strategy.
The global biotechnology company, which has developed methods of boosting efficiency in ethanol production, reported an EBIT-margin of 28.8% and ROIC including goodwill of 22.1%.
“Our results for... [Read More]
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Oct 28, 2021
Clariant significantly increased profitability in the third quarter of 2021 on the back of double-digit sales growth.
The company announced that Q3 2021 sales from continuing operations increased by 23% in the local currency and Swiss francs to CHF 1.096 billion (€1.029 billion). The sales growth was achieved via higher volumes and strong pricing in all business areas... [Read More]
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Oct 27, 2021
The number of jobs in renewable energy worldwide increased in 2020 despite the COVID-19 pandemic, with the growing industry holding up better than fossil fuels, international agencies revealed.
In an annual report on clean energy employment, the International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO) said there were 12 million jobs... [Read More]
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Oct 26, 2021
Cable and pipe seal manufacturer Roxtec has joined GEODIS’s new global Sustainable Marine Fuels strategy.
Logistics company GEODIS launched the possibility for freight customers to choose sustainable marine fuels, or fuels produced from waste materials such as used cooking oils and forest residues.
Roxtec has increased its transportation of cable and pipe seals... [Read More]
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Oct 26, 2021
The carbon footprint of launching the new Orbex Prime space rocket will be up to 95% lower than comparable space launch programmes, a new study has revealed.
Orbex is set to launch Prime - the ‘world’s most environmentally friendly’ space rocket - using renewable, ultra-low-carbon biofuel at Space Hub Sutherland – the carbon-neutral Spaceport in the North of... [Read More]
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Oct 26, 2021
Sustainable marine biofuels supplier GoodFuels and Renewable Energy Group (REG) have entered into a long-term agreement for the supply and development of marine biofuel.
With REG’s expertise in biofuels and GoodFuels’ ‘pioneering strengths’, both firms are playing an important role in enabling the decarbonisation efforts for shipping companies.
This announcement... [Read More]
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Aug 26, 2021
In the first quarter of 2024, A.P. Moller – Maersk will introduce the first in a ‘ground-breaking’ series of eight large ocean-going container vessels capable of being operated on carbon-neutral methanol.
The vessels will be built by Hyundai Heavy Industries (HHI) and have a nominal capacity of approximately 16,000 containers. The agreement with HHI includes an... [Read More]
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Aug 26, 2021
Repsol has completed its first batch of biojet fuel produced from waste on the Spanish market at its Petronor Industrial Complex in Bilbao, Spain.
The batch consists of 5,300 tons of fuel and meets strict product quality requirements and sustainability conditions in the production, logistics, and marketing chain. Its use prevents 300 tons of CO2 emissions, equivalent... [Read More]
Other News
Aug 25, 2021
Arbor Renewable Gas (Arbor Gas) has announced its underlying capital commitment from EnCap Investments, a major provider of equity capital to the independent sector of the US energy industry, and from Mercuria Energy, a global energy and commodity trading organisation.
Headquartered in Houston, Texas, Arbor Gas is developing state-of-the-art, industrial-scale renewable... [Read More]
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