Biofuel

$715+ Billion Worldwide Industrial Tubes Industry to 2031 - Rise in the Oil and Gas Industry is Expected to Propel Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 11, 2023

The main types of industrial tubs are process pipes, mechanical tubes, heat exchanger tubes, structural tubes, and hydraulic and instrumentation tubes.

Key Points: 
  • The main types of industrial tubs are process pipes, mechanical tubes, heat exchanger tubes, structural tubes, and hydraulic and instrumentation tubes.
  • The rise in the oil and gas industry is expected to propel the growth of the industrial tubes market going forward.
  • The industrial tubes are designed to transport crude and refined petroleum, as well as fuels such as oil, natural gas, and biofuels, efficiently.
  • Therefore, the rise in the oil and gas industry is driving the demand for the industrial tube market.

Global Market for Bio-based Materials 2023 to 2033: Players Include NatureWorks, Total Corbion, Danimer Scientific and Novamont - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 10, 2023

The Global Market for Bio-based Materials to 2033 presents a complete picture of the current market and future outlooks, covering bio-based chemicals and feedstocks, materials, polymers, bio-plastics, bio-fuels and bio-based paints and coatings.

Key Points: 
  • The Global Market for Bio-based Materials to 2033 presents a complete picture of the current market and future outlooks, covering bio-based chemicals and feedstocks, materials, polymers, bio-plastics, bio-fuels and bio-based paints and coatings.
  • Materials from biomass sources include bulk chemicals, platform chemicals, solvents, polymers, and biocomposites.
  • The many processes to convert biomass components to value-added products and fuels can be classified broadly as biochemical or thermochemical.
  • In depth market analysis of bio-based chemical feedstocks, biopolymers, bioplastics, natural fibers and lignin, biofuels and bio-based coatings and paints.

Malaysian Genomics Explores R&D Collaboration with SIRIM

Retrieved on: 
Monday, January 9, 2023

SIRIM Berhad is wholly owned by the Malaysian Government, and is focused on R&D, standardisation and quality.

Key Points: 
  • SIRIM Berhad is wholly owned by the Malaysian Government, and is focused on R&D, standardisation and quality.
  • Encik Sasha Nordin, Chief Executive Officer of Malaysian Genomics, said, "SIRIM and Malaysian Genomics have complementary experiences, resources, and technology assets.
  • President and Group Chief Executive Officer of SIRIM Berhad, Dato' Indera Dr Ahmad Sabirin Arshad said, "We look forward to working closely with Malaysian Genomics on R&D projects that can benefit the country and domestic industries.
  • Malaysian Genomics Resource Centre Berhad: 0155 [BURSA: MGRC] [RIC: MGRC:KL] [BBG: MGRC:MK], http://www.mgrc.com.my/
    Copyright 2023 ACN Newswire .

Brooge Energy Ltd Announces Receipt of Anticipated Nasdaq Delinquency Notice for which the Company Intends to Include in its Nasdaq Prior Granted Extension

Retrieved on: 
Friday, January 13, 2023

The Staff stated that the additional filing delinquency could serve as an additional basis for the delisting of the Company’s securities from Nasdaq.

Key Points: 
  • The Staff stated that the additional filing delinquency could serve as an additional basis for the delisting of the Company’s securities from Nasdaq.
  • The Company was provided with the opportunity to update the Nasdaq Hearings Panel (the “Panel”) regarding the status of its efforts to evidence compliance with the Filing Rule prior to the expiration of the extension previously granted by the Panel on April 26, 2023.
  • The Company plans to timely submit an update to the Panel with respect to its compliance efforts
    As previously disclosed, the Company did not timely file its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC.
  • By decision dated January 9, 2023, the Panel granted the Company’s request.

Yield10 Bioscience and Mitsubishi Corporation Sign MOU to Evaluate the Establishment of a Partnership to Supply, Offtake and Market Camelina as a Feedstock Oil for Biofuel

Retrieved on: 
Wednesday, January 11, 2023

WOBURN, Mass., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that it has signed with Mitsubishi Corporation (“Mitsubishi”) a Memorandum of Understanding (“MOU”) to evaluate the establishment of a partnership to supply, offtake and market Camelina as a low-carbon feedstock oil for biofuels.

Key Points: 
  • WOBURN, Mass., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that it has signed with Mitsubishi Corporation (“Mitsubishi”) a Memorandum of Understanding (“MOU”) to evaluate the establishment of a partnership to supply, offtake and market Camelina as a low-carbon feedstock oil for biofuels.
  • Mitsubishi Corporation recently announced its aim to mass produce sustainable aviation fuel to decarbonize commercial aviation.
  • Under the MOU, the companies plan to jointly undertake a feasibility study for the supply and offtake of Camelina oil from Camelina grain grown under contract using Yield10’s proprietary Camelina seed genetics to supply oil for the sustainable aviation fuel market.
  • “Yield10 and Mitsubishi are aligned on the sustainability benefits that the Camelina crop could bring to the transportation fuels market,” said Oliver Peoples, Ph.D. President and Chief Executive Officer of Yield10 Bioscience.

DIGITAL UTILITIES VENTURES, INC ANNOUNCES THE ADDITION OF A NEW FINANCIAL OPERATIONS MANAGER TO EASY ENERGY SYSTEMS, INC

Retrieved on: 
Monday, January 9, 2023

Boston, Massachusetts, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. (OTC: DUTV), announces that, Easy Energy Systems, Inc., has added Michael P. Ballmann as Manager of Climate Capital Operations, effective immediately.

Key Points: 
  • Boston, Massachusetts, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. (OTC: DUTV), announces that, Easy Energy Systems, Inc., has added Michael P. Ballmann as Manager of Climate Capital Operations, effective immediately.
  • He holds 15 years of experience in the quantitative finance, engineering mathematics, portfolio management, employee management, and operations management throughout small start-up companies and global multi-billion-dollar organizations.
  • Mike will be managing the operations of Easy Energy Finance, Inc.  including both the roll-out of the Easy Energy Climate Capital offering as well as assisting with the financial modeling and off-take agreements for the many created value-added products.
  • Additionally, Mike will be assisting Easy Energy Systems, Inc. ( www.easyenergysystems.com ) with its financial activities, including the planned up-coming merger with DUTV.

FutureFuel Corp. Declares Quarterly Cash Dividend Program for 2023

Retrieved on: 
Wednesday, January 4, 2023

CLAYTON, Mo., Jan. 04, 2023 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) ("FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it has declared its 2023 quarterly dividend program, declaring normal quarterly cash dividends of U.S. $0.06 per share, with the following record and payment dates:

Key Points: 
  • CLAYTON, Mo., Jan. 04, 2023 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) ("FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it has declared its 2023 quarterly dividend program, declaring normal quarterly cash dividends of U.S. $0.06 per share, with the following record and payment dates:

Phillips 66 Reaches Agreement to Acquire Publicly Held Common Units of DCP Midstream, LP

Retrieved on: 
Friday, January 6, 2023

Phillips 66 (NYSE: PSX) and DCP Midstream, LP (“DCP Midstream”) (NYSE: DCP) announced today that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit, increasing its economic interest in DCP Midstream to 86.8%.

Key Points: 
  • Phillips 66 (NYSE: PSX) and DCP Midstream, LP (“DCP Midstream”) (NYSE: DCP) announced today that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit, increasing its economic interest in DCP Midstream to 86.8%.
  • Affiliates of Phillips 66, as the holders of a majority of the outstanding DCP Midstream common units, have delivered their consent to approve the transaction.
  • As a result, DCP Midstream has not solicited and is not soliciting approval of the transaction by any other holders of DCP Midstream common units.
  • Barclays acted as exclusive financial advisor to Phillips 66, Bracewell LLP acted as legal counsel to Phillips 66, and Morris, Nichols, Arsht & Tunnell LLP acted as special Delaware counsel to Phillips 66.

The Worldwide Biorefinery Industry is Expected to Reach $210.3 Billion by 2027: Rise in Demand for Biofuels and Bio-Based Polymers Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 5, 2023

The global biorefinery market is expected to reach USD 210.3 billion by 2027 from an estimated USD 141.8 billion in 2022, at a CAGR of 8.2% from 2022 to 2027.

Key Points: 
  • The global biorefinery market is expected to reach USD 210.3 billion by 2027 from an estimated USD 141.8 billion in 2022, at a CAGR of 8.2% from 2022 to 2027.
  • Based on the type of biorefinery, the industrial biotechnology segment is expected to exhibit the largest market share from 2022 to 2027.
  • The market in Americas accounted for the largest share in the global biorefinery market during the forecast period.
  • The Americas is expected to dominate the market due to the increasing efforts to develop forest-based biorefineries in the region.

Bio-Based Chemicals Global Market Report 2022: Increasing Demand for Renewable Energy Sources Fuels Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 3, 2023

Global Bio-Based Chemicals Market is anticipated to grow at a robust CAGR in the forecast period, 2024-2028.

Key Points: 
  • Global Bio-Based Chemicals Market is anticipated to grow at a robust CAGR in the forecast period, 2024-2028.
  • Additionally, increasing usage of bio-based chemicals in various end user industries, including chemical, pharmaceutical, food, and beverage, among others is expected to drive the growth of global bio-based chemicals market.
  • All these factors are expected to create lucrative opportunities for the growth of global bio-based chemicals market in the coming years.
  • The market for bio-based chemicals is anticipated to grow due to the rising demand for renewable sources to reduce the effects of pollution and emissions of greenhouse gases.