Green Chemicals Blog
HVO
LG Chem proceeds with sustainable materials investments
South Korea-based chemical company LG Chem has been making several news headlines within the past few months as the company announced its intention to invest KRW10 trillion ($8.5 billion) in eco-friendly and high-growth materials by 2025. Over 30 projects including M&As, joint ventures, strategic investments focused on ESG-based business portfolio are currently being reviewed according … Continue reading
More bio-based naphtha production ahead
I can barely keep up with news and capacity announcement on renewable diesel/HVO (hydrotreated vegetable oil) so I’ll just mention two big ones that I came across last week. UPM said last week that it is moving forward with its biofuels growth plans and starts the basic engineering phase of a next-generation biorefinery, which would … Continue reading
VIDEO: Phillips 66 to build world’s largest Renewable Fuels Plant
Biorefineries for producing renewable diesel and associated hydrocarbons have been popping up like mushrooms all over the world and it is more interesting when oil companies such as Total in Italy and now Phillips 66 in the USA are converting their old crude oil refineries into biorefineries. Phillips 66, a diversified energy manufacturing and logistics … Continue reading
Total starts up La Mède Biorefinery
Total announced last week that it has finally started up production of renewable diesel at its La Mède biorefinery in southeastern France, with the first batches of biofuel coming off the line. The biorefinery will produce 500,000 ton/year of hydrotreated vegetable oil (HVO) both for biodiesel and biojet fuel. The La Mède site was formerly … Continue reading
Neste expands renewables capacity in Singapore
This news from Neste is well-timed as I just released my special report on global renewable diesel production (or what in the EU sometimes call hydrotreated vegetable oil or HVO production) in my December Biomaterials report published by Tecnon OrbiChem. Neste Corporation announced today its decision to invests around EUR 1.5 billion to expand Neste’s … Continue reading
Phillips 66, REG to build Renewable Diesel Plant
Production of renewable diesel (processed via hydrocracking of fats and oils) continues to expand here in the USA as well as in Europe where large traditional oil and energy companies such as Neste, Valero, Total, Eni and now Phillips 66 are now becoming or have become major players. For those who are subscribers of Tecnon … Continue reading