Biofuel

BCC Research Presents: Biodiesel Feedstocks - A Global Market Analysis

Retrieved on: 
Monday, February 19, 2024

BOSTON, Feb. 19, 2024 /PRNewswire/ -- According to the latest BCC Research study, the demand for Biodiesel Feedstocks: Technologies, Synthesis, Efficiency and Policies is estimated to increase from $46.3 billion in 2022 to reach $51.6 billion by 2028, at a compound annual growth rate (CAGR) of 3.7% from 2022 through 2028.

Key Points: 
  • Embark on a journey through the dynamic biodiesel market landscape with BCC Research's latest report, meticulously crafted to unveil the intricate developments shaping the industry.
  • By dissecting the market based on applications and regions, readers gain invaluable insights into the diverse uses and geographical demands of biodiesel.
  • Each segment evaluation not only provides comprehensive market size estimations but also offers a forward-looking forecast, guiding stakeholders through growth projections up to 2028.
  • The journey culminates in a panoramic view of the competitive landscape, featuring insightful company profiles of key players steering the global biodiesel market towards a greener future.

India Ethanol Market Size to Surpass Around US$ 6.83 Billion 2030, Recording a CAGR of 15.9% | Report by CoherentMI

Retrieved on: 
Friday, February 16, 2024

This trend is expected to contribute to the growth of the India Ethanol Market in the coming years.

Key Points: 
  • This trend is expected to contribute to the growth of the India Ethanol Market in the coming years.
  • The first market opportunity in the India Ethanol Market is the increasing demand for ethanol as a fuel source.
  • The second market opportunity in the India Ethanol Market is the growing demand for ethanol in industrial applications.
  • India Ethanol Market is anticipated to witness a CAGR of 15.9% during the forecast period 2023-2030, owing to the growing demand for ethanol in industrial applications.

India Ethanol Market Size to Surpass Around US$ 6.83 Billion 2030, Recording a CAGR of 15.9% | Report by CoherentMI

Retrieved on: 
Friday, February 16, 2024

This trend is expected to contribute to the growth of the India Ethanol Market in the coming years.

Key Points: 
  • This trend is expected to contribute to the growth of the India Ethanol Market in the coming years.
  • The first market opportunity in the India Ethanol Market is the increasing demand for ethanol as a fuel source.
  • The second market opportunity in the India Ethanol Market is the growing demand for ethanol in industrial applications.
  • India Ethanol Market is anticipated to witness a CAGR of 15.9% during the forecast period 2023-2030, owing to the growing demand for ethanol in industrial applications.

Cavitation Technologies, Inc. has Renewed a 3-year Agreement With Desmet Ballestra Group s.a. and Received a $650,000 Purchase Order

Retrieved on: 
Thursday, February 15, 2024

Desmet is a worldwide distributor of the Company's Nano-based vegetable oil refining and biodiesel production technology.

Key Points: 
  • Desmet is a worldwide distributor of the Company's Nano-based vegetable oil refining and biodiesel production technology.
  • In addition, Desmet has placed a multiple systems order in excess of $650,000, which is expected to be shipped in CTI’s current Fiscal Quarter.
  • The terms of the agreement are virtually similar to the Agreement signed in October 2021.
  • “We are pleased to strengthen our partnership with Desmet, as it has proven to be highly beneficial for both parties.

Yield10 Bioscience Grants Global License to VISION Bioenergy Oilseeds for Herbicide Tolerant Camelina Cultivated for the Production of Biofuel Feedstock

Retrieved on: 
Wednesday, February 14, 2024

and LONGMONT, Colo., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, and VISION Bioenergy Oilseeds , LLC (“VISION”), a U.S. agricultural company focused on commercial production of ultra-low carbon biofuel feedstock, today announced that Yield10 has granted to VISION a global license to certain proprietary varieties of Camelina sativa (“Camelina”) for the production of feedstock oil for biofuels.

Key Points: 
  • and LONGMONT, Colo., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, and VISION Bioenergy Oilseeds , LLC (“VISION”), a U.S. agricultural company focused on commercial production of ultra-low carbon biofuel feedstock, today announced that Yield10 has granted to VISION a global license to certain proprietary varieties of Camelina sativa (“Camelina”) for the production of feedstock oil for biofuels.
  • By facilitating the large-scale commercial production of herbicide tolerant Camelina, this license agreement is intended to empower farmers to capitalize on the growing biofuel market while advancing the decarbonization goals of aviation, maritime, and heavy-duty transport industries.
  • Commercial production of Camelina is currently ramping up in North America as a source of ultra-low carbon feedstock oil for the biofuel industry.
  • In consideration for the license and completion of certain deliverables, VISION will make cash payments to Yield10 totaling $3 million.

Guidehouse Insights Explores Approaches for Decarbonizing Transportation

Retrieved on: 
Wednesday, February 14, 2024

BOULDER, Colo., Feb. 14, 2024 /PRNewswire/ -- A new report from Guidehouse Insights explores approaches to decarbonization in the transportation industry.

Key Points: 
  • BOULDER, Colo., Feb. 14, 2024 /PRNewswire/ -- A new report from Guidehouse Insights explores approaches to decarbonization in the transportation industry.
  • According to Guidehouse Insights, more recently, however, electrification has drawn increased attention and interest as evidenced by a spike in EV sales.
  • "Decarbonization in the transportation industry stands at a crossroads while many factors are driving faster and deeper adoption of EVs, including government incentives, lower prices, and improved performance," says Peter Marrin, senior research analyst with Guidehouse Insights.
  • The report, EVs Are Offering Stiff Competition to the Biofuels Market , reviews how these market trends are forcing automakers, biofuels producers, and other industry stakeholders to readdress their approaches to decarbonizing transportation.

FutureFuel to Release Year End 2023 Financial Results on March 14, 2024

Retrieved on: 
Tuesday, February 13, 2024

CLAYTON, Mo., Feb. 13, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, announced today that it will release its year end 2023 financial results after market close on Thursday, March 14, 2024.

Key Points: 

CLAYTON, Mo., Feb. 13, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, announced today that it will release its year end 2023 financial results after market close on Thursday, March 14, 2024.

Wind-Assisted Propulsion Market - Global and Regional Analysis and Forecasts, 2023-2032: Opportunities in Offsetting High Cost of Fossil and Green Fuels Used in Traditional Shipping - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 13, 2024

The ecosystem of the wind-assisted propulsion market comprises wind-assisted propulsion manufacturers, technology providers, ship-building companies, and shipowners.

Key Points: 
  • The ecosystem of the wind-assisted propulsion market comprises wind-assisted propulsion manufacturers, technology providers, ship-building companies, and shipowners.
  • Key players in the wind-assisted propulsion market analyzed and profiled in the study involve wind-assisted propulsion manufacturers and the overall ecosystem.
  • Key players in the wind-assisted propulsion market analyzed and profiled in the study involve wind-assisted propulsion manufacturers and the overall ecosystem.
  • Based on technology, the wind-assisted propulsion market is estimated to be led by the sails segment during the forecast period of 2023-2032.

TritenIAG Expands Sustainable Project Expertise to the Southeastern U.S.

Retrieved on: 
Tuesday, February 13, 2024

TritenIAG East will provide the company's expert project management and development services to clients across the biofuels, bioplastics, and industrial markets.

Key Points: 
  • TritenIAG East will provide the company's expert project management and development services to clients across the biofuels, bioplastics, and industrial markets.
  • "We are thrilled to bring TritenIAG's collaborative and owner focused approach to project development and management to the Southeastern region," said Terence Easton, CEO of TritenIAG.
  • TritenIAG East will utilize the company's Integrated Project Management Team (IPMT) approach, which integrates owner and contractor expertise with TritenIAG's specialized project management capability.
  • "The Southeastern U.S. is seeing strong growth in sustainable building and infrastructure, and demand for experienced project management partners," said Duane Barnes, Vice President and Managing Director of TritenIAG East.

Strategic Biofuels and Sumitomo Corporation of Americas Announce Major Investment Commitment

Retrieved on: 
Wednesday, February 7, 2024

COLUMBIA, La. and NEW YORK, Feb. 7, 2024 /PRNewswire/ -- Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation, a leading Fortune 500 global trading and business investment company dedicated to sustainability, announced today that they have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project at the Port of Columbia in Caldwell Parish, Louisiana. 

Key Points: 
  • In a decisive strategic shift related to the investment, Strategic Biofuels also unveiled plans to change its primary renewable fuel product to sustainable aviation fuel (SAF).
  • When the LGF project was first announced, Strategic Biofuels garnered recognition for the extraordinarily low carbon footprint of the planned renewable diesel fuel product.
  • "Our partnership with Strategic Biofuels is just another example of our commitment to support the energy transition within the Americas," said Sandro Hasegawa, General Manager, Energy Innovation Initiative Americas at SCOA.
  • This investment commitment from SCOA continues the path from 2023, which was a year of rapid project advancement for LGF.