XCF Global Capital, Inc. announced that New Rise Renewables, LLC has commenced commercial production of pure sustainable aviation fuel (SAF). In addition, New Rise has entered into an irrevocable purchase order with an unaffiliated third-party buyer to whom it plans to sell over 3 million gallons of pure SAF. Shipments of the first shipment of […]
The European Commission has approved a €2.3 billion Finnish program to support investments in strategic sectors and help industrial companies decarbonize their production processes. The program contributes to the achievement of the European Commission’s priorities for 2024-2029, which are based on political guidelines calling for investment in clean energy and technology. The plan was approved […]
Feb. 26 (Bloomberg) — Boeing and Hindustan Petroleum Corporation (HPCL) have announced a partnership aimed at advancing India’s sustainable aviation fuel (SAF) ecosystem and supporting the Indian government’s environmental goals. Under the partnership agreement, Boeing and HPCL will work together to explore opportunities to expand SAF production in India, promote certification of domestically produced SAF, […]
Air Products announced on Feb. 24 that it has decided to exit three projects in the U.S. as part of a review process by its new board of directors and chief executive officer. The company expects a pre-tax charge of up to $3.1 billion in the second quarter of fiscal 2025, primarily for write-downs of […]
XCF Global Capital Inc. announced Feb. 24 that New Rise Renewables LLC has begun commercial production of sustainable aviation fuel (SAF) at the Reno-Tahoe Industrial Park in Story County, Nevada. In April 2024, New Rise Renewables stated that the conversion from renewable diesel to SAF at its newly constructed 3,200 barrels per day (approximately 45 […]
February 24, 2012 – LanzaJet announced that Cosmo Oil Co. Ltd (Cosmo Oil) has been awarded a FY2024 subsidy by Japan’s Ministry of Economy, Trade and Industry (METI) in support of a project co-developed with Mitsui planned to utilize LanzaJet technology. The funding marks a significant milestone for large-scale domestic SAF production in Japan and […]
The Malaysian Palm Oil Board said flooding in the eastern part of the country led to a reduction in palm oil production in January and February. By the end of February, Malaysian palm oil stocks will fall to 1.5 million tons, the lowest level in nearly two years.
Aemetis, Inc., a renewable natural gas and renewable fuels company based in CUPERTINO, California, announced that its Indian subsidiary, Universal Biofuels, has restarted production of biodiesel and refined glycerin. The resumption of operations was approved by the local Pollution Control Board after a review of maintenance and air quality standards. Universal Biofuels, with an 80 […]
Austria’s OMV Petrom recently launched the construction of a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at its Petrobrazi refinery in Romania. With a capacity of 250,000 tons per year, the project marks OMV Petrom as the first large-scale producer of sustainable fuels in Southeastern Europe, aiming to meet the growing demand […]
The Israel Innovation Authority has announced a $28 million strategic investment to advance cutting-edge research in SAF and Intelligent Integrated Sensing and Communications (IISAC). The agency noted that these initiatives will bring together leading Israeli companies, academic institutions and global partners to develop advanced sustainable aviation technologies and next-generation intelligent communications networks. Over the next […]