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Neste exploring ways to use waste plastic as a raw material for fuels and plastics

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Neste, the world’s leading producer of renewable diesel, is now exploring ways to introduce liquefied waste plastic as a future raw material for fossil refining. The company’s target is to process annually more than one million tons of waste plastic by 2030. Only about one-third of this amount is currently collected for recycling.

Waste 186
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Neste, ReNew ELP and Licella to collaborate in utilization of waste plastic as a raw material for fuels and chemicals

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Neste, the leading producer of renewable diesel, UK-based chemical recycling company ReNew ELP, and Australian technology developer Licella are collaborating in a development project to explore the potential of using mixed waste plastic as a raw material for fuels, chemicals, and new plastics. Earlier post.). Earlier post.).

Waste 170
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Jumbo and Goodfuels partner to test drop-in Bio-Fuel Oil on offshore decommissioning project

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Leading global heavy lift shipping and offshore transportation and installation contractor Jumbo, and commercial, sustainable marine biofuel company GoodFuels, are partnering to test Goodfuels’ marine Bio-Fuel Oil on an offshore decommissioning project.

Oil 207
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ArcelorMittal, LanzaTech and Primetals to build €87M commercial-scale waste-gas-to-ethanol plant

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The partners said the project will demonstrate the added value of recycling waste streams, not only by reducing emissions at source, hence reducing ArcelorMittal’s direct carbon footprint, but by keeping fossil fuels in the ground through the production of commodity chemicals and fuels that would otherwise be made from oil.

Waste 150
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Lux: Despite softness in utilization, global biofuels capacity to grow to 61.4 BGY in 2018; driven by novel fuels and feedstocks

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BGY in 2018, according to a forecast by Lux Research. However, Lux predicts, growth between now and 2018 will not be a continuation of current course. CAGR through 2018. Novel fuels and feedstocks will drive the biofuels industry forward at a much more rapid 17% and 22% CAGRs through 2018, respectively.

2018 150
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Volkswagen testing R33 BlueDiesel; up to 33% renewable content; now in permanent use in Wolfsburg

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Volkswagen has been testing the newly developed R33 BlueDiesel fuel blend at its in-house filling station in Wolfsburg since January 2018. The current supplier since January 2018 is Shell Global Solutions in cooperation with Tecosol and Neste, who supply fuels certified according to European standards.

Renewable 284
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USDA announces availability of $181M to support development of advanced biofuels projects

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US Department of Agriculture Secretary Tom Vilsack announced the availability of $181 million via its Biorefinery Assistance Program to develop commercial-scale biorefineries or retrofit existing facilities with appropriate technology to develop advanced biofuels. million loan guarantee to build a refined alga oil commercial facility.

Available 231