Aug 9, 2022
Passport to sustainable aviation fuel success
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Aug 8, 2022
Cranfield University has been awarded £3.1 million (€3.7 million) to advance its sustainable aviation research, both into developing low-carbon aircraft and decarbonising airport logistics.
The funding from Research England will also have an immediate impact on reducing or eliminating greenhouse gas emissions from flying and airside operations at Cranfield University,... [Read More]
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Aug 1, 2022
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]
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Jul 28, 2022
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]
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Jul 27, 2022
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]
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Jul 7, 2022
Hundreds of delegates descended on Brussels for the 13th Biofuels International Conference and Expo.
The event at the La Plaza Hotel in the heart of Brussels could not have come at a more crucial time for the biofuels industry.
The war in Ukraine has thrown the energy sector into sharp focus as rising prices and the ban on Russian oil and gas exports has accelerated... [Read More]
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Jul 1, 2022
Finally on 5-6 July, the Biofuels International Conference & Expo will take place at the Le Plaza Brussels Hotel in in Belgium.
Following several postponements due to the pandemic and travel restrictions, the much anticipated event has got the green light for delegates and speakers to attend.
It will, of course, be the first conference since the outbreak of the pandemic... [Read More]
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Jun 15, 2022
Chevron Corporation has completed its previously announced acquisition of Renewable Energy Group (REG) following approval by the REG stockholders.
Earlier in the year it was announced that Chevron would acquire its outstanding shares for $3.15 billion (€3 billion).
The acquisition combines renewable fuels production of Renewable Energy Group with Chevron’s large... [Read More]
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May 27, 2022
Biofuel demand recovered in 2021 from Covid lows, to near 2019 levels, a new International Energy Agency (IEA) report revealed.
However, this year the IEA expect higher prices for oil and biofuels, combined with lower GDP expectations, to slow demand growth by 20% compared to our previous forecast. It said growth in transportation fuels, albeit at more modest levels,... [Read More]
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May 26, 2022
TotalEnergies has agreed with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG) - the fifth largest US renewable energy player.
This constitutes its largest acquisition in the renewable energy in the US, one of the top three renewable markets in the world.
TotalEnergies is further accelerating its growth in the renewable energy sector... [Read More]
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May 10, 2022
EU oilseed production is likely to exceed the previous year's level by only 0.4% in the current crop year, although the oilseed area is expected to rise 5%.
The reason is prospective lower yields due to constraints on means of production.
According to Agrarmarkt Informations-Gesellschaft, the Russian invasion of Ukraine has led to massive volatility in the oilseed market.
This... [Read More]
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May 5, 2022
Oil and gas major Shell has reported its highest ever quarterly profits as prices surged globally.
Shell made $9.13 billion (€8.6 billion) in the first three months of 2022, nearly triple its $3.2 billion (€3 billion) profit it announced for the same period last year.
However, the company also revealed that said exiting from the Russian oil and gas market due to... [Read More]
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Apr 21, 2022
Russia’s war in Ukraine has hit the supply of almost half of the world’s sunflower oil exports.
Shipments of sunflower oil - and seeds used by crushers elsewhere - have ground to a halt amid the war, disrupting supplies of the commodity used in biofuel production.
The shortage of Ukrainian sunflower oil has triggered a domino effect that underscores how interconnected... [Read More]
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Apr 20, 2022
StocExpo, the largest and longest-running international bulk liquid storage event, is returning on 23-25 May at the Rotterdam Ahoy with a variety of exhibitors set to be present.
Over 140 leading companies from across the world’s bulk liquid storage supply chain have signed up to exhibit at the event.
The exhibitors include MannTek showcasing its products for safe... [Read More]
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Apr 8, 2022
The NGO body Transport & Environment has accused the European biofuels lobby of “cynically taking advantage of people’s concerns over fuel prices” after it called for imports of Russian oil to be replaced by biofuels made from food crops.
A new study by T&E has provided evidence that crops are needed much more for food than fuel, and that using biofuels... [Read More]
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Apr 1, 2022
Valmet and Neles Corporation have announced that their respective boards have signed a merger agreement.
The combined company will have an accumulative net sales for 2020 of approximately €4.3 billion.
The combination is expected to generate annual run-rate synergies of approximately €25 million of which approximately 60% are expected to be achieved by 2023 and approximately... [Read More]
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Mar 28, 2022
Intercontinental Exchange has announced the launch of two Renewable Volume Obligation futures contracts, expanding its US renewable fuels futures markets.
The US Environmental Protection Agency’s (EPA) Renewable Fuel Standard (RFS) mandates the incorporation of renewable fuels into transportation fuel.
Each year, the EPA outlines the volume requirements for each renewable... [Read More]
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