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Chevron acquires Renewable Energy Group
It seems Chevron is all in when it comes to renewable fuels investments after the oil and energy company announced today that it will acquire US-based Renewable Energy Group (REG) in an all-cash transaction valued at $3.15 billion or $61.50/share. The transaction price represents a premium of around 57% on a 30-day average based on … Continue reading
FOLLOW ME ON THESE SPACEPHA Sample Shop Now Open
The member-driven, non-profit industry organization GO!PHA which focuses on the development and commercialization of polyhdyroxyalkanoate (PHA) resins and materials announced this week that it has partnered with Helian Polymers to provide PHA samples at its PHA Sample Shop for academic, research and development purposes. The sample shop initially offers samples of polyhydroxybutyrate (PHB) and polyhydroxybutyrate … Continue reading
FOLLOW ME ON THESE SPACENational Biodiesel Board Is Now Clean Fuels Alliance America
🎶The times they are a-changin 🎶 And certainly, this is true with the global biofuels industry. Although I don’t cover the biofuels market as much as renewable chemicals, I witnessed the fast growth of the US biodiesel market back when I was reporting about fats and oils pricing and supply/demand since 2000. By 2004, there … Continue reading
FOLLOW ME ON THESE SPACEOrigin Materials chose Louisiana for 1st world-scale facility
Origin Materials announced yesterday that Geismar, Louisiana will be the location of its first world-scale manufacturing facility called Origin 2. Origin 1 is currently being constructed in Sarnia, Canada. Both facilities will produce chloromethylfurfural (CMF) and hydrothermal carbon (HTC) using wood residues. Smaller quantities of furfural and levulinic acid come from the degradation of cellulose … Continue reading
FOLLOW ME ON THESE SPACESynthos to build a commercial bio-butadiene plant
It has been a long time coming for the commercialization of bio-based butadiene (at least for this one where you can count the percentage renewable content unlike some of the mass balance approaches). I have been monitoring this space for years and it seems Poland-based synthetic rubber tire manufacturer Synthos S.A. is ready to hit … Continue reading
FOLLOW ME ON THESE SPACEPepsiCo sets 2030 virgin fossil-free plastic goal
This announcement from PepsiCo Europe is just one of the growing list of well-known consumer brands looking to reduce or eliminate future use of virgin fossil-based plastic in their product packaging. The company says it plans to eliminate virgin fossil-based plastic in all its crisp and chip bags by 2030. This will apply to brands … Continue reading
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