11 May 2024
Fuels, Markets, News Permalink

Bunker Holding and SyntexNRG announce green methanol supply agreement

11. May 2024
In Denmark, Bunker Holding A/S, a marine fuel suppliers, and SyntexNRG, a renewable fuels and technology development company, announced that they have entered into an agreement for the development and production of renewable methanol to supply the fuel at the ports where Bunker Holding has physical operations located around the world. Carlos Torres, Global Head […]

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11 May 2024
Fuels, Markets, News Permalink

GCMD, NYK launch new project to test continuous use of biofuels

11. May 2024
In The Netherlands, Offshore Energy reported that he Global Center for Maritime Decarbonization (GCMD) has partnered with Japanese shipping company NYK Line to launch Project LOTUS aimed at testing the long-term impact of continuous use of biofuels on vessel operations. According to the report, the six-month project will trial the continuous use of a biofuels […]

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11 May 2024
Fuels, Markets, News Permalink

Insempra completes $20 million financing to advance the development of bio-based ingredients.

11. May 2024
In Germany, Insempra announced the successful completion of a $20 million Series A financing round. Following an initial $15m seed round conducted in 2021, this financing round will enable Insempra, to continue building a technology platform that delivers high-performance sustainable ingredients for a wide range of industries, while supporting the company in the scale up […]

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10 May 2024
Fuels, Markets, News Permalink

Vertex pausing its renewable fuels production in Q2

10. May 2024
In Texas, during the second quarter of 2024, Vertex is pausing renewable fuels production and redirecting the hydrocracking unit to conventional fuels and products. The company had a previously planned catalyst and maintenance turnaround scheduled for 2024. It will use that planned turnaround to load conventional catalyst and bring the unit out of turnaround in […]

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10 May 2024
Fuels, Markets, News Permalink

GCMD teams with NYK Line for six-month continuous biofuel use study

10. May 2024
In Singapore, Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial the continuous use of a biofuels blend comprising of 24% Fatty Acid Methyl Esters (FAME) and very low sulphur fuel oil (VLSFO) […]

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10 May 2024
Fuels, Markets, News Permalink

Bio Capital Group acquires Scotish food waste transfer station to boost AD feedstock supplies

10. May 2024
In the UK, Bio Capital Group, the UK’s leading commercial energy from food waste producer, has added a fourth asset to its portfolio in Scotland. The newly acquired Linwood food waste transfer station will significantly improve Bio Capital’s ability to process feedstock for its regional Anaerobic Digestion (AD) facilities. The company provides a treatment service […]

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