Nov. 5 – DG Fuels announced the selection of a site in Muirhead, Minnesota, for an approximately $5 billion SAF manufacturing facility, creating hundreds of jobs, that will produce 193 million gallons of low-carbon aviation fuel (SAF) annually from agricultural and wood waste. This announcement is a major milestone for the Minnesota SAF Center and […]
Malaysian palm oil futures closed up on Monday, following rival vegetable oils, while the market awaits Malaysian Palm Oil Board (MPOB) data and export figures. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 23 ringgit, or 0.47%, to 4,891 ringgit ($1,119.22) a metric ton on the closing.
BioVeritas , LLC, a leading sustainable fuels and biochemicals company, is committed to redefining the future of sustainable aviation fuels (‘SAF’). The company announced on 25 October that it will launch the BioVeritas Process™ for SAF. This breakthrough technology converts biomass through fermentation into volatile fatty acids (VFA), a key precursor for a range of […]
PortNews reports Singapore has surpassed Rotterdam as the world’s largest bio-bunkering port. During Q3, Rotterdam’s biobunker sales dropped by more than 40% compared to Q2 and by a quarter on the year while Singapore jumped by more than a quarter compared to Q2 and more than 67% on the year. A market analyst at the […]
Cepsa has delivered second-generation biofuel to Japanese shipping company Nippon Yusen Kaisha (NYK Line) in Algeciras Bay. Delivering 1,030 tonnes of Cepsa-produced B24 biofuel to the Atlas Leader, a 653-foot-long car carrier operated by NYK Line, the Bahía Levante runs on 100 per cent renewable diesel oil (HVO) when sailing and supplying 2G biofuel in […]
The Malaysian government plans to boost production of sustainable aviation fuel (SAF) using palm oil waste. Prime Minister Anwar Ibrahim revealed the proposals as he outlined his budget plans for next year. State-owned oil and gas company Petronas will work with palm oil producers to develop SAF based on palm oil waste.
The Indonesian government says they are developing a conceptual design to produce biodiesel up to B100 as part of their efforts to achieve energy self-sufficiency. Indonesian Energy and Mineral Resources Minister Balil Rahadarya made the announcement at a press conference in Jakarta on Sunday. Currently, Indonesia’s required biodiesel product is B35, a mixture of 35 […]
Brazilian biodiesel producer Be8 (formerly BSBios) plans to begin production of a newly branded biodiesel product called “BeVant” in November. BeVant is a high-purity, advanced biodiesel that can be used at 100% concentration (B100) in any diesel vehicle without the need for engine modifications. According to Be8, it is a double-distilled methyl ester made through […]
Strong demand, coupled with tight supply, drove crude palm oil prices higher for the third consecutive day, with prices rising to their highest in more than 2 years. On the first trading day of November, January 2025 index futures on the Bursa Malaysia Derivatives Exchange (BMD) rose RM169 to RM4,865 (1,111.24USD) per metric tonne as […]
PortNews reports Singapore has surpassed Rotterdam as the world’s largest bio-bunkering port. During Q3, Rotterdam’s biobunker sales dropped by more than 40% compared to Q2 and by a quarter on the year while Singapore jumped by more than a quarter compared to Q2 and more than 67% on the year. A market analyst at the […]