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The results below show our latest news.
The results below show our latest news.
Mar 12, 2024
OMV acquisitions to offer range of biofuels for transport sector
Biodiesel News
Mar 12, 2024
Avfuel Corporation and Neste have finalised a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation.
The agreement extends the companies' partnership in 2024 and sets the framework until December 2027.
Since the inception of the partnership in 2021, Avfuel's uptake of SAF has experienced exponential... [Read More]
Features
Mar 11, 2024
The aviation industry has been working on bio-aviation fuels since the late 2000s.
The first flight using bio-aviation fuel took off in 2008 - it was flown by Virgin Atlantic from London to Amsterdam. Since then, many more airlines have carried out flights using bio-aviation fuels.
In 2009, the EU Emission Trading System (EU ETS) which sets a cap on how much CO2 can... [Read More]
Biodiesel News
Mar 11, 2024
According to the US Department of Agriculture (USDA), global palm oil production in 2023/24 is set to rise to a record high of 79.5 million tonnes, exceeding the previous year's level by just under 2%.
The main reason for this forecast is anticipated production increases in Malaysia and Indonesia.
Although Malaysian production was seasonally strongly curbed, the USDA... [Read More]
Bioethanol News
Mar 8, 2024
Apeiron AgroCommodities, one of the largest used cooking oil collectors in Asia, and Jet Zero Australia have partnered on a project under a proposed 50:50 joint venture.
This partnership’s aim is developing low carbon intensity feedstocks in Australia to help meet the demand for renewable fuels, including the sourcing of waste oils and production of non-edible crops... [Read More]
Bioethanol News
Mar 7, 2024
Willis Sustainable Fuels has revealed that Redcar and Cleveland Borough Council has approved the plans for its Carbonshift PtL SAF refinery project at Teesworks in Tees Valley, England.
The approval is a critical step in the development of the refinery project, which is currently estimated to have annual production capacity of fourteen kilotons (approximately five million... [Read More]
Biodiesel News
Mar 7, 2024
Malaysia will monitor how the EU responds to a World Trade Organization (WTO) ruling that supported the bloc's stance that palm oil-based biodiesel should not count as a renewable biofuel.
A WTO adjudicating panel, in its first ruling related to deforestation, rejected Malaysia's claims against the EU decision, but accepted its complaints over how the measures had been... [Read More]
Biodiesel News
Mar 6, 2024
Bunge and Chevron have approved a final investment decision for their joint venture in building a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, Louisiana.
The announcement was celebrated with a ground-breaking event at the site.
The plant features a flexible design, intended to allow it to process soybeans... [Read More]
Policy News
Mar 6, 2024
Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities.
The solution is based on purchasing Neste MY Sustainable Aviation Fuel™ with which greenhouse gas emissions (GHG) can be reduced by up to 80% over the life cycle of the fuel compared to using fossil... [Read More]
Biodiesel News
Mar 5, 2024
Nike has recently entered into an agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport.
This initiative will make an important contribution to the decarbonization of Nike’s supply chain.
Nike will use sustainable biofuel for the transportation of 36% of their volume with CMA CGM until May 31.
Through this action, Nike will... [Read More]
Policy News
Mar 5, 2024
The American Coalition for Ethanol (ACE) sent a letter to members of the Sustainable Aviation Fuels (SAF) Interagency Working Group (IWG) regarding the Greenhouse Gases, Regulated Emissions, and Energy Use in Technologies (GREET) Model for SAF Lifecycle Greenhouse Gas (GHG) Emissions under Section 40B of the Inflation Reduction Act.
Accompanying ACE’s letter was an... [Read More]
Policy News
Mar 5, 2024
EU-27 rapeseed imports in the current crop year July-February amounted to 3.5 million tonnes - falling as much as one third short of the previous year's volume.
However, imports rose substantially the previous season exceeding that of the 2021/22 season by 6%.
According to information published by Agrarmarkt Informations-Gesellschaft (AMI), Ukraine has maintained its... [Read More]
Biodiesel News
Mar 4, 2024
Trafigura has agreed to acquire Greenergy’s European business from Brookfield Asset Management and its listed affiliate Brookfield Business Partners for an undisclosed sum.
Greenergy is a UK-based supplier of road fuels and a major biodiesel producer.
The acquisition is subject to customary closing conditions and regulatory approvals.
Initially founded in 1992 to... [Read More]
Bioethanol News
Mar 4, 2024
International Airlines Group (IAG) announced its largest sustainable aviation fuel (SAF) purchase agreement to date, with e-SAF (power-to-liquid) producer Twelve, which will supply advanced e-SAF made from made from carbon dioxide, water and renewable energy.
Under the terms of the 14-year contract, Twelve will supply IAG with 785,000 tonnes of e-SAF to support its five... [Read More]
Biodiesel News
Mar 4, 2024
Chevron has idled two biodiesel production facilities in the US Midwest, blaming poor market conditions.
The oil producer bought biodiesel maker Renewable Energy Group in 2022 to expand its renewable fuels production to 100,000 barrels per day by 2030.
The deal brought it 10 biodiesel plants and one renewable diesel facility, Reuters reported.
Chevron idled plants... [Read More]
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