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TI Clean Mobility to raise Rs 580 crore via equity, Compulsorily Convertible Preference Shares | Autocar Professional

Baua Electric

TI Clean Mobility Private Limited (“TICMPL”), a subsidiary of Tube Investments of India Limited, has signed definitive documents today, with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively GEF), to raise Rs 580 crore in the form of Equity and Compulsorily Convertible Preference Shares (“CCPS”).

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Gevo and Leaf Resources sign joint development agreement for potential use of cellulosic-derived sugars to convert to hydrocarbon molecules

Green Car Congress

and Leaf Resources , an Australia-based company and one of the world’s leading companies in converting plant biomass into industrial sugars, have signed a Joint Development Agreement (JDA). Glycell pretreatment is followed by enzymatic hydrolysis which converts cellulose into cellulosic sugars.

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Gevo and Praj to commercialize sustainable aviation fuel in India

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This follows an earlier announcement in April 2019 between both parties regarding the commercialization of renewable isobutanol, SAF and renewable premium gasoline. According to Apte Research Group, University of California, Berkley, particle air pollution in South Asia ranks among the most severe in the world. and Praj Industries Ltd.

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Edeniq and Global Bio-chem to develop and commercialize technology to convert corn stover to industrial sugars for fuels

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a cellulosic sugar producer ( earlier post ), has signed a letter of intent with China-based Global Bio-chem Technology Group Company Limited to develop and to commercialize processes to convert corn stover to industrial sugars for use in the production of chemicals, fuels, and other bio-based products. Edeniq, Inc.,

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Concord Energy and cellulosic biogasoline company Cool Plant to establish JV in Asia-Pacific region

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Concord Energy, one of Singapore’s leading crude oil and refined petroleum product trading companies, has signed an agreement with cellulosic biogasoline company Cool Planet Energy Systems ( earlier post ) to establish a joint venture in the Asia-Pacific Region.

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bp selects Honeywell’s Ecofining technology for new diesel and sustainable aviation fuels project in Australia

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bp plans to convert hydroprocessing equipment at its former refinery site in Kwinana, Australia, to produce approximately 10,000 barrels per day (kbd) diesel and SAF from renewable feeds, integrating with its existing terminal operations. Both products offer improved performance over commercial petroleum-based diesel and jet fuels.

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RecycLiCo Battery Materials Advances to lithium recovery stage of demonstration plant project

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C4V technology is foundational to the iM3NY gigafactory ( earlier post ) in Endicott, New York—the only Gigafactory across the globe with an ex-Asia supply chain. The Demo Plant is a platform for further expansion and accelerating RecycLiCo’s commercialization strategy.