SAF

Global Bioenergies has received letters of intent for its plant project corresponding to forecasted annual sales of over €70 million

Retrieved on: 
Monday, April 8, 2024
Cosmetics, Certification, Fermentation, Kerosene, CAPEX, Industrial, Deodorant, European, SAF, Renewable energy

This plant, mainly dedicated to cosmetics, will be commissioned during 2027 and will market Isonaturane™ 12 and 16, the first natural-origin equivalents to petroleum-based isododecane and isohexadecane.

Key Points: 
  • This plant, mainly dedicated to cosmetics, will be commissioned during 2027 and will market Isonaturane™ 12 and 16, the first natural-origin equivalents to petroleum-based isododecane and isohexadecane.
  • Concurrently with commercial development and under the supervision of Roland Desvignes, Industrial Director of Global Bioenergies, the engineering teams have finalised the first plant layouts.
  • Based on these layouts, the total construction cost of the plant (including hazards) has been estimated at nearly €80 million.
  • This will be followed by the construction phase of the plant itself, which will involve the main CAPEX outflows, and will be completed in 2027.

Avina Unveils Plans for Cutting-Edge Sustainable Aviation Fuel Plant in the Midwest, Forges Alliance for Low-Carbon Ethanol Supply

Retrieved on: 
Wednesday, April 3, 2024
Hydrogen, FEED, Ethanol, Aviation biofuel, FID, Aviation, ASTM, Carbon, CO2, Airport, SAF, Gasoline

The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional jet fuel.

Key Points: 
  • The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional jet fuel.
  • Preliminary Front End Engineering Design (Pre-FEED) for the project is complete and FEED is expected to kick off in Q2 2024.
  • Avina is proactively collaborating with airline customers and other stakeholders to play a key role in meeting this target.
  • Sustainable Aviation Fuels are critical to decarbonizing the aviation sector and the Ethanol-to-Jet production pathway is the most immediate, cost-effective, and scalable option for aviation decarbonization.

Aemetis Implements Microsoft Dynamics(TM) ERP System to Support Current Operations and Expansion Projects

Retrieved on: 
Monday, April 1, 2024
Microsoft, Natural gas, Growth, Authority, Accounting, ERP, Construct, Aviation, IPO, Carbon, SAF, EPA, CO2, Policy, Renewable energy

CUPERTINO, CA, April 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced the design, installation and implementation of the Microsoft DynamicsTM enterprise resource planning (ERP) system worldwide for all Aemetis operations in the U.S. and India to support current operations and expansion projects.

Key Points: 
  • CUPERTINO, CA, April 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced the design, installation and implementation of the Microsoft DynamicsTM enterprise resource planning (ERP) system worldwide for all Aemetis operations in the U.S. and India to support current operations and expansion projects.
  • The tools and processes required to operate a global company, including manufacturing, supply chain, finance and accounting, are included in the Microsoft DynamicsTM ERP system.
  • The ERP system will enable both ongoing operations as well as multiple simultaneous construction projects.
  • Due to the expansion of these businesses, Aemetis plans growth to more than $1.9 billion of revenues and $645 million of EBITDA in the fifth year of the Aemetis Five Year Plan.

Blue Biofuels Makes First Cellulosic Ethanol

Retrieved on: 
Tuesday, March 26, 2024
Ethanol, Aviation biofuel, PALM, Biofuel, SAF, BEACH, Biomass, OTCQB, CTS, Renewable energy

About Blue Biofuels, Inc.Blue Biofuels is based in Florida and has the goal to produce biofuels through its developed Cellulose-to-Sugar (CTS) technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.

Key Points: 
  • PALM BEACH GARDENS, FL, March 26, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).
  • Blue Biofuels Inc. ("BIOF") continues to make substantial strides in advancing its Cellulose-to-Sugar (CTS) technology towards commercial scale.
  • The company has achieved a significant milestone by successfully producing its first batch of cellulosic ethanol, utilizing the cellulosic sugars created from biomass on its CTS pilot line.
  • BIOF is evaluating prospective locations in Florida capable of accommodating both SAF and cellulosic ethanol production facilities.

Farmers Edge and Gevo Enter Collaboration on Climate-Smart Farm-to-Flight Project

Retrieved on: 
Tuesday, April 9, 2024
Other Energy, Air, Transport, Agriculture, Alternative Energy, Natural Resources, Energy, Gevo, Ethanol, USDA, Aviation biofuel, GEVO, Education, Acquisition, Edge, Farmer, Multimedia, SAF, Renewable energy

Farmers Edge Inc. a pure-play digital agriculture company, and Gevo Inc. (NASDAQ: GEVO), a leader in renewable fuels, have entered a collaboration as part of Gevo’s Climate-Smart Farm-to-Flight project that utilizes funding from a U.S. Department of Agriculture (USDA) grant.

Key Points: 
  • Farmers Edge Inc. a pure-play digital agriculture company, and Gevo Inc. (NASDAQ: GEVO), a leader in renewable fuels, have entered a collaboration as part of Gevo’s Climate-Smart Farm-to-Flight project that utilizes funding from a U.S. Department of Agriculture (USDA) grant.
  • Farmers Edge has already been working with growers in Canada on carbon-intensity programs for the past 3 years and will bring their experience to the recruitment and education aspects of the project.
  • Collaborating with growers across three states, Farmers Edge will support in the data capture associated with the qualifying sustainability practices and calculation of field-level CI scores.
  • Farmers Edge is committed to helping growers be the best by digitizing their operations and telling their sustainability story through data.

Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners

Retrieved on: 
Tuesday, April 9, 2024
Carbon, Sumitomo Group, Partnership, LGF, JX, CCS, Biofuel, Utilization, Forestry, CCUS, SAF, Renewable energy

COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company's flagship Louisiana Green Fuels (LGF) project, an ultra-low carbon negative SAF plant located in Caldwell Parish, Louisiana.

Key Points: 
  • COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels , a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX).
  • "It's an honor to work with Strategic Biofuels and SCOA, who possess remarkable technical, project management, business, and financing expertise and leadership to help us achieve our goals."
  • We continue to support creating strategic partnership with Japanese strategic investors through M-SEP"
    In February, SCOA announced a major investment commitment to Strategic Biofuels' LGF project, revealing that it will help the project reach a Financial Investment Decision and commencement of construction in early 2025.
  • At the same time, Strategic Biofuels announced that it would be shifting its primary renewable fuel product to SAF.

NEW RISE RENEWABLES ANNOUNCES CONVERSION OF STATE-OF-THE-ART RENEWABLE DIESEL FACILITY IN NEVADA PAVING THE WAY FOR SUSTAINABLE AVIATION FUEL (SAF) PRODUCTION

Retrieved on: 
Tuesday, April 9, 2024
McCarran, Carbon, Air travel, Movement, Aviation, TRIC, SAF, Renewable energy

RENO, Nev., April 9, 2024 /PRNewswire/ -- New Rise Renewables , a cutting-edge renewable energy company, announces the inauguration of its new 3200 barrel-per-day renewable sustainable aviation fuel (SAF) facility located at the Reno-Tahoe Industrial Complex in Storey County, Nevada.

Key Points: 
  • RENO, Nev., April 9, 2024 /PRNewswire/ -- New Rise Renewables , a cutting-edge renewable energy company, announces the inauguration of its new 3200 barrel-per-day renewable sustainable aviation fuel (SAF) facility located at the Reno-Tahoe Industrial Complex in Storey County, Nevada.
  • This facility, situated on a 10-acre parcel at 611 Peru Drive, McCarran NV 89436, is nearly through the conversion of its existing renewable diesel plant as part of a groundbreaking effort to revolutionize the aviation industry by producing sustainable aviation fuel (SAF).
  • As the demand for sustainable aviation fuel continues to rise, estimating the need for over 3 billion gallons per year by 2030, New Rise Renewables is committed to decarbonizing the aviation industry while supporting American agriculture.
  • New Rise Renewables' entrance into the production of sustainable aviation fuel marks a pioneering effort in the industry.

Aemetis Approved by USCIS for $200 million of EB-5 Investment in Biogas, SAF and Carbon Sequestration Projects

Retrieved on: 
Thursday, March 21, 2024
Ethanol, USDA, NCE, Natural gas, Oil, Growth, Authority, Unemployment, EB-5, ATC, Aviation, Biofuel, Carbon, Sugar, CO2, USCIS, JCE, Region, RD, Renewable natural gas, Engineering, RNG, SAF, Renewable energy

Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.

Key Points: 
  • Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.
  • The Riverbank plant was recently granted Authority to Construct (ATC) air permits and is designed to produce 78 million gallons per year of SAF for the aviation market.
  • Aemetis has already secured more than $3 billion of contracts to supply airlines with SAF.
  • The Project’s two primary locations are the Aemetis Advanced Fuels Keyes 65 million gallon per year ethanol plant and the Riverbank Industrial Complex.

JetBlue Expands Transatlantic Service to Paris With Launch of Daily Nonstop Flight From Boston

Retrieved on: 
Thursday, April 4, 2024
Air, Transport, Transportation, Vacation, Destinations, Travel, Tea, DIG, Caraá, Sport, Tuft, DHG, Partnership, Coffee, Legacy Recordings, Terminal, Sale, News, JetBlue Mint, A321, A321LR, Carbon, Plus ultra, Wine, Investment, JetBlue, Tuft & Needle, TrueBlue, Restaurant, Atmosphere, CDG, Aircraft, Fortification, Beer, BOS, Paris Agreement, Economics, Television, SAF, Airline

The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.

Key Points: 
  • The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.
  • Charles de Gaulle airport is Europe’s second busiest international airport, serving more than 76 million travelers in 2019.
  • Through this strategy, JetBlue’s goal is to reach net zero carbon emissions by 2040, ten years ahead of broader industry targets.
  • JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan.

Phillips 66 Announces Major Milestone in Production of Renewable Diesel

Retrieved on: 
Monday, April 1, 2024
Professional Services, Other Energy, Utilities, Oil, Gas, Energy, Finance, Carbon, Refining, Phillips 66, PSX, SAF, Renewable energy

Phillips 66 (NYSE: PSX) today announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel.

Key Points: 
  • Phillips 66 (NYSE: PSX) today announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel.
  • The Rodeo Renewed project has progressed, with the facility now processing only renewable feedstocks and producing approximately 30,000 barrels per day of renewable diesel.
  • The Rodeo Renewable Energy Complex is on track to increase production rates to more than 800 million gallons per year (50,000 BPD) of renewable fuels by the end of the second quarter, positioning Phillips 66 as a leader in renewable fuels.
  • “We are proud to announce this significant achievement at our Rodeo facility,” said Rich Harbison, Phillips 66 executive vice president of Refining.