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SunGas Renewables to build $2B green methanol production facility in Louisiana

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SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. Green methanol produced by BLRE is expected to be used to fuel A.P.

Louisiana 284
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Diamond Green Diesel to boost renewable diesel capacity to 1.2B gallons/year; $1.45B expansion project

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Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. billion gallons per year.

Diesel 397
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Chevron / Toyota road trip demonstrates renewable gasoline blend

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Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. In February 2022, a team from Argonne National Lab published a report “Carbon Intensities of Refining Products in Petroleum Refineries with Co-Processed Biofeedstocks”.

Chevron 446
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SK invests in electrofuels company Infinium

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Infinium Electrofuels technology converts carbon dioxide waste and renewable power through its proprietary process to create hydrogen-based alternatives to traditional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.

Companies 435
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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. Electra’s process results in zero carbon dioxide emissions.

Carbon 293
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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418
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ArcelorMittal, Gestamp successfully trial low-carbon emissions steel in car parts

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ArcelorMittal and Tier 1 automotive supplier Gestamp have successfully trialed the use of low-carbon emissions steel for use in car parts that will ultimately be used in the production of vehicles in Spain and throughout Europe. Picture credits: © ArcelorMittal. —Francisco J. Riberas, Executive Chairman Gestamp.

Carbon 459