Shell has decided not to restart construction of its Rotterdam biofuels plant after determining the project would not be competitive enough, citing market dynamics, costs, and a focus on other capital priorities.
Honeywell and Spanish energy and petrochemicals group Repsol are collaborating to create new production pathways for biofuels and circular materials. The two companies will also explore the possible integration of these methods into Repsol’s existing facilities.
Evonik has announced the expansion of its sodium methylate production capacity at its Rosario plant in Argentina. The company's expansion contributes to its ongoing role in the biofuels industry and supports its efforts in innovation and sustainability in South America.
Portugal's oil company Galp has taken the final investment decision on two large scale projects to reduce the carbon footprint of the Sines refinery and of its products.
US renewable chemicals and advanced biofuels company Gevo has entered into a joint development agreement for its ethanol-to-olefins (ETO) technology with South Korean chemicals group LG Chem.
BP is investing up to €2 billion in a green hydrogen plant at its Castellon refinery in Spain, replacing the site’s existing fossil-fuel based facility and expanding production of biofuels threefold. The project is the basis of a public-private initiative named HyVal and led by BP to decarbonize the Valencia region, including the Castellon refinery.
Johnson Matthey and BP have won a contract to license their co-developed Fischer Tropsch CANS technology to Strategic Biofuels for that company’s Louisiana Green Fuels (LGF) project in the US state’s Caldwell Parish.
US multinational energy company ExxonMobil has bought a 49.9% stake in Biojet, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into biofuels and biofuel components. Financial terms were not disclosed.
Spanish energy group Repsol is joining the Ecoplanta project that will build a waste-to-chemicals plant in Tarragona.
