Aviation biofuel

Bestselling Author Walter Isaacson, Leaders from ARPA-E, AWS, LanzaTech, Microsoft and Radia Headline Innovation and Technology Programming at CERAWeek by S&P Global 2024

Retrieved on: 
Monday, March 11, 2024
Climate, Aviation biofuel, Microsoft, Automation, Innovation, Labs, EVS, River, Materials science, AI, Mineral, Carbon, AWS, Mining, Amazon Web Services, Jeff Bezos, Hydrogen, Stanford University, Materials Science and Engineering, Renewable energy

HOUSTON, March 11, 2024 /PRNewswire/ -- Bestselling author Walter Isaacson, as well as leaders from the U.S. Advanced Research Projects Agency-Energy (ARPA-E), Amazon Web Services (AWS), LanzaTech, Microsoft, and Radia will be among the technology and innovation speakers at CERAWeek 2024 by S&P Global 2024—the world's preeminent energy conference—to be held in Houston March 18-22.

Key Points: 
  • The 2024 program will also feature expanded Agora Hubs —dedicated areas focused on hydrogen, carbon and climate.
  • Innovation Agora Car Show: A select number of CERAWeek Partners will display and discuss vehicles powered by different fuels and systems—such as EVs, Hybrid, E-Fuels, Biofuels, Hydrogen—that are shaping the automotive future.
  • The 2024 program will also feature the "Clean Energy Commons" fostering connections for the innovation ecosystem as well as the "Clean Tech Corridor" where delegates can meet entrepreneurs building promising companies.
  • Key themes to be explored throughout the Innovation Agora program include:

Golden Fields, Growing Opportunities for Farmers: Nuseed Enhances Productivity and Sustainability Through Expansion of Value-Added Seed Solutions  

Retrieved on: 
Wednesday, February 28, 2024
Soil, Marketing, Farmer, SAF, Health, Rapeseed oil, Aviation biofuel, Research, Agriculture

This innovative approach underscores Nuseed's commitment to sustainability and supports the advancement of regenerative agriculture in the Southern U.S. region.

Key Points: 
  • This innovative approach underscores Nuseed's commitment to sustainability and supports the advancement of regenerative agriculture in the Southern U.S. region.
  • Nuseed’s expertise in developing innovative and sustainable seed solutions has positioned the company as a leader in farmer-to-consumer value chains.
  • The strategic commercial expansion of Nuseed Carinata represents another visionary milestone in the company's commitment to shaping the future of farming.
  • Nuseed is excited to showcase Nuseed Carinata and the Omega-3 Production System at Commodity Classic from February 28th - March 2, 2024, in booth 1703.

LanzaTech Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Full Year 2024 Financial Outlook

Retrieved on: 
Wednesday, February 28, 2024
Engineering, Quarter, IPA, Research, Investment, Aviation, MEG, Work, Growth, Suncor Energy, Propylene glycol, Chairperson, Carbon, Aviation biofuel, JDA, Safety, Workforce, Fermentation, PET, Ethanol, Video game

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable raw materials, today reported its financial and operating results for the fourth quarter and full year 2023.

Key Points: 
  • Fourth Quarter and Full Year 2023 Financial Results:
    In the fourth quarter of 2023, revenue totaled $20.5 million, reflecting an increase of 77% compared to $11.6 million in the fourth quarter of 2022.
  • Gross margin improved to 41% during the fourth quarter, reflecting certain engineering services work completed during the quarter which benefited from extraordinary pricing terms.
  • “However, our results for the fourth quarter and full year 2023 demonstrate we have a lot more work ahead of us.
  • Cash burn during the fourth quarter 2023 was $(15.4) million, continuing the trend over 2023 of reducing quarterly cash burn.

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Retrieved on: 
Wednesday, February 21, 2024
Aircraft, Technip Energies, Construction, SAF, Fund, Aviation biofuel, Energy, Research, Airline

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Key Points: 
  • Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development
    Technip Energies (PARIS:TE) announces a strategic investment in the United Airlines Ventures Sustainable Flight Fund.
  • This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on Sustainable Aviation Fuels (SAF) research, production and technology, with both financial and strategic capital.
  • Arnaud Pieton, CEO of Technip Energies, commented: "By joining the United's Sustainable Flight Fund, Technip Energies reaffirms its commitment to addressing one of the industry's critical challenges: the current lack of industrial-scale solutions to meet the market demand for Sustainable Aviation Fuel (SAF).
  • The Fund represents a significant collaborative effort, drawing expertise from various sectors of the aviation industry, to propel forward the advancement of sustainable fuel solutions.

RYAM and VERSO ENERGY Execute Memorandum of Understanding to Explore eSAF

Retrieved on: 
Tuesday, February 27, 2024
Other Manufacturing, Environment, Climate Change, Packaging, Chemicals, Plastics, Environmental Health, Manufacturing, Forest Products, Natural Resources, Carbon, Hydrogen, Greenhouse, Green hydrogen, Aviation, Memorandum of understanding, Structural adjustment, Biogenic substance, CO2, Aviation biofuel, Renewable energy

Rayonier Advanced Materials Inc. (NYSE:RYAM) and VERSO ENERGY have entered into a Memorandum of Understanding (MoU) to explore e-fuels and specifically e-SAF or Sustainable Aviation Fuel from renewable resources.

Key Points: 
  • Rayonier Advanced Materials Inc. (NYSE:RYAM) and VERSO ENERGY have entered into a Memorandum of Understanding (MoU) to explore e-fuels and specifically e-SAF or Sustainable Aviation Fuel from renewable resources.
  • The companies expect to qualify for grants from the French government to help fund the cost of this multi-year feasibility study.
  • “We are excited to be partnering with Verso Energy on this endeavor,” said De Lyle Bloomquist RYAM’s President and Chief Executive Officer.
  • “Combining the unique attributes of RYAM’s Tartas plant with VERSO ENERGY’s expertise in the development of renewable energy creates a great opportunity for the potential expansion of new sustainable fuels at the site.”
    Antoine Huard, CEO of VERSO ENERGY declares: “We are very proud to announce our agreement with RYAM.

FS is the first ethanol producer in the world to receive ISCC CORSIA Low LUC Risk certification for SAF production

Retrieved on: 
Monday, March 4, 2024
Carbon, Sustainability, Certification, FS, Ethanol, Aviation, Transport, International Civil Aviation Organization, Low, Biomass, SAF, ISCC, Risk, Corn oil, GGF, ICAO, Biofuel, Forestry, Aviation biofuel, GHG, Environment, Agriculture

SÃO PAULO, March 4, 2024 /PRNewswire/ -- FS, one of the largest ethanol and animal nutrition producers in Brazil, is the first Brazilian corn ethanol industry to receive the ISCC international certification (International Sustainability & Carbon Certification), attesting that its production process meets international requirements for the production and supply of ethanol and corn oil for the production of SAF (Sustainable Aviation Fuel). Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group. 

Key Points: 
  • Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group.
  • "This certification is an important validation that Brazilian second-crop corn ethanol is a low-carbon feedstock for the production of biofuels on hard to abate sectors , like aviation.
  • Airlines will now be able to count on our ethanol as a competitive and highly scalable source to serve this market globally", explains FS' CEO, Rafael Abud.
  • FS's ethanol certification process ranged from the agricultural phase and its inputs, through biofuel production to transportation to SAF producers.

FS is the first ethanol producer in the world to receive ISCC CORSIA Low LUC Risk certification for SAF production

Retrieved on: 
Monday, March 4, 2024
Carbon, Sustainability, Certification, Multimedia, FS, Ethanol, Aviation, Transport, International Civil Aviation Organization, Low, Biomass, SAF, ISCC, Risk, Corn oil, GGF, ICAO, Biofuel, Forestry, Aviation biofuel, GHG, Environment, Agriculture

SÃO PAULO, March 4, 2024 /PRNewswire/ -- FS, one of the largest ethanol and animal nutrition producers in Brazil, is the first Brazilian corn ethanol industry to receive the ISCC international certification (International Sustainability & Carbon Certification), attesting that its production process meets international requirements for the production and supply of ethanol and corn oil for the production of SAF (Sustainable Aviation Fuel). Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group. 

Key Points: 
  • Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group.
  • "This certification is an important validation that Brazilian second-crop corn ethanol is a low-carbon feedstock for the production of biofuels on hard to abate sectors , like aviation.
  • Airlines will now be able to count on our ethanol as a competitive and highly scalable source to serve this market globally", explains FS' CEO, Rafael Abud.
  • FS's ethanol certification process ranged from the agricultural phase and its inputs, through biofuel production to transportation to SAF producers.

LANZAJET ANNOUNCES $30 MILLION INVESTMENT FROM SOUTHWEST AIRLINES TO ACCELERATE COMPANY'S GROWTH AND ADVANCE U.S. SUSTAINABLE AVIATION FUEL PRODUCTION

Retrieved on: 
Wednesday, February 28, 2024
Carbon, Breakthrough Energy, Mitsui & Co., Aviation, Southwest Airlines, Suncor Energy, ANA, ISCC, SAF, Aviation biofuel, Shell, Biofuel, Agriculture, Economics, All Nippon Airways, Development, Microsoft, Renewable energy

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet. As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).

Key Points: 
  • LanzaJet Plans to Support Southwest Airlines with U.S. SAF Production and with Development of Ethanol from Agriculture Residue with SAFFiRE Renewables
    CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet.
  • As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).
  • LanzaJet plans to undertake project development efforts for the SAF production facility in the United States, with Southwest as the anchor SAF offtaker.
  • Southwest's investment comes on the heels of the opening of LanzaJet Freedom Pines Fuels – the world's first commercial-scale ethanol-to-SAF plant.

LANZAJET ANNOUNCES $30 MILLION INVESTMENT FROM SOUTHWEST AIRLINES TO ACCELERATE COMPANY'S GROWTH AND ADVANCE U.S. SUSTAINABLE AVIATION FUEL PRODUCTION

Retrieved on: 
Wednesday, February 28, 2024
Carbon, Breakthrough Energy, Mitsui & Co., Aviation, Southwest Airlines, Suncor Energy, ANA, ISCC, SAF, Aviation biofuel, Shell, Biofuel, Agriculture, Economics, All Nippon Airways, Development, Microsoft, Renewable energy

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet. As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).

Key Points: 
  • LanzaJet Plans to Support Southwest Airlines with U.S. SAF Production and with Development of Ethanol from Agriculture Residue with SAFFiRE Renewables
    CHICAGO, Feb. 28, 2024 /PRNewswire/ -- LanzaJet, Inc. (LanzaJet) a leading sustainable fuels technology company and sustainable fuels producer, today announced a $30 million investment by Southwest Airlines Co. (Southwest) in LanzaJet.
  • As part of the agreement, LanzaJet and Southwest intend to work toward the development of a sustainable aviation fuel (SAF) production facility and collaborate to advance the operations of a corn stover to ethanol technology company in which Southwest is invested: SAFFiRE Renewables, LLC (SAFFiRE).
  • LanzaJet plans to undertake project development efforts for the SAF production facility in the United States, with Southwest as the anchor SAF offtaker.
  • Southwest's investment comes on the heels of the opening of LanzaJet Freedom Pines Fuels – the world's first commercial-scale ethanol-to-SAF plant.

Natixis Corporate & Investment Banking joins United Airlines as corporate partner with investments in expansion of Sustainable Aviation Fuel

Retrieved on: 
Wednesday, February 14, 2024
Engineering, Aviation, Original equipment manufacturer, SAF, Fund, Natixis, Investment banking, Aviation biofuel, Wind, Airline

NEW YORK, Feb. 14, 2024 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) today announced its investment in the United Airlines Ventures Sustainable Flight FundSM - the first of its kind venture fund focused on funding startups dedicated to scaleup of Sustainable Aviation Fuel (SAF) production through advancing technology and sustainable feedstock development.

Key Points: 
  • NEW YORK, Feb. 14, 2024 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) today announced its investment in the United Airlines Ventures Sustainable Flight FundSM - the first of its kind venture fund focused on funding startups dedicated to scaleup of Sustainable Aviation Fuel (SAF) production through advancing technology and sustainable feedstock development.
  • Natixis CIB joins a group of 22 investors consisting of industry leaders across the aviation value chain including OEMs, airlines, fuel producers, technology and engineering specialists, banks, aircraft lessors and travel management.
  • "We are proud to be a part of this endeavor," said Yevgeniya Levitin, Managing Director and Head of Aviation Americas at Natixis CIB.
  • Natixis CIB is fully aligned with United Airlines Ventures Sustainable Flight Fund's approach to addressing the bottlenecks to scaling up production and advancing SAF enabling technologies."