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Chevron, Bunge announce proposed JV for soybean feedstocks for renewable fuels

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Chevron USA, a subsidiary of Chevron Corporation, and Bunge North America, a subsidiary of Bunge Limited, announced a memorandum of understanding (MOU) of a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.

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Chevron makes equity investment in Novvi and its high-performance renewable base oil technology

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Chevron Products Company, a division of Chevron USA, and Novvi LLC announced that Chevron has made an equity investment in Novvi LLC (a joint venture of Amyris, Inc.; Chevron is a leading manufacturer of premium base oils and one of the world’s largest suppliers of finished lubricants.

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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

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Euglena completes demo-scale algae biorefinery for renewable jet and diesel

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Japan-based biotechnology company euglena ( earlier post ) has completed the construction of its demonstration-scale biorefinery in Yokohama for the production of renewable jet and diesel fuels from algae and waste oil. Euglena expects its renewable jet fuel to qualify for ASTM certification by next spring.

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euglena planning commercial production of biojet and renewable diesel from algae in Japan

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plans to produce and supply biojet and renewable diesel in Japan at commercial scale in the 2020s with support from the City of Yokohama, Chiyoda Corporation, Itochu Enex Co., drop-in hydrocarbon) renewable diesel production from Euglena since June 2014. Isuzu will evaluate the renewable diesel, and ANA will evaluate the biojet.

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Viridos raises $25M in Series A for algae-based jet and diesel fuel

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The Series A was led by Breakthrough Energy Ventures (BEV) and joined by Chevron USA. The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. SAF and RD made from Viridos algae oil are expected to have a 70% reduced carbon footprint.

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Blue Sun Energy, ARA Inc. and Chevron Lummus Global achieve production milestone for renewable drop-in fuels

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and Chevron Lummus Global (CLG) achieved a key development milestone with their 100 barrel/per day (4,200 gallon/per day) demonstration-scale Biofuels ISOCONVERSION (BIC) facility in St. The BIC Process combines: ARA’s Catalytic Hydrothermolysis (CH) process for the conversion of plant oils into a high quality crude oil intermediate.

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