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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Total and Chevron are the most active corporate investors in the fermentation domain.

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Consolidated bioprocessing company Aemetis licenses plant oil hydroprocessing technology from Chevron Lummus Global for renewable jet and diesel

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CH utilizes water to reduce hydrogen and catalyst consumption and quickly and inexpensively converts plant oils into stable intermediate oil products which are very similar to petroleum crude oil. In May of this year, CLG joined ARA’s ReadiJet Alternative Fuel Initiative for drop-in biofuels. Aemetis, Inc.,

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Airbus joins Australian consortium developing pyrolysis pathway for renewable jet fuel

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Airbus has joined a consortium that includes Virgin Australia, Renewable Oil Corporation, the Future Farm Industries CRC, Canadian biofuels company Dynamotive Energy Systems Corporation and GE to study a new pathway for the production of sustainable aviation fuels from mallee trees using fast pyrolysis and subsequent bio-oil upgrading.

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Sinopec and Airbus to develop Chinese renewable aviation fuel

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China Petroleum and Chemical Corporation (Sinopec), one of China’s biggest energy companies and Airbus are developing and promoting renewable aviation fuel production for regular commercial use in China. Bio-jet fuel is becoming increasingly important in aviation and the energy market. Earlier post.).

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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., The company will build Japan’s first demonstration plant for the production of biojet/biodiesel fuels in Yokohama, with operations planned to begin in 2018.

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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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Red Rock Biofuels LLC will produce approximately three million gallons of low-carbon, renewable jet fuel per year for FedEx Express, a subsidiary of FedEx Corporation. and will convert approximately 140,000 dry tons of woody biomass into 15 million gallons per year of renewable jet, diesel and naphtha fuels.

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Chevron Lummus and ARA partner with Agrisoma, US AFRL and Canada’s NRC to evaluate and to flight test ReadiJet 100% renewable biojet fuel

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to evaluate CLG and ARA’s 100% drop-in ReadiJet Fuel derived from Agrisoma Resonance feedstock. The Biofuel ISOCONVERSION Process comprises: ARA’s Catalytic Hydrothermolysis (CH) process for the conversion of plant oils into a high quality crude oil intermediate. —Chuck Red, ARA’s Alternative Fuels Program lead.

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