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Virgin Group and Agilyx form strategic partnership to produce lower carbon aviation fuel from plastic waste

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Virgin Group and chemical conversion technology company Agilyx ( earlier post ) are forming a strategic partnership to research and develop lower carbon fuel facilities to help address plastic pollution and the global transition to net zero. Agilyx’s proprietary technology is able to break down plastic waste through a pyrolysis process.

Waste 170
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Baker Institute team says fossil fuel subsidies need global reform

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There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. Costs ranged from a low of 0.3% 5 consumer of oil,” Krane said.

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bp acquires 30% stake in Green Biofuels, UK’s largest provider of hydrogenated vegetable oil fuels

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bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).

Oil 195
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Asahi Kasei to produce S-SBR for eco-friendly tires using butadiene derived from plastic waste and biomass

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regarding the supply of butadiene derived from plastic waste and biomass. Asahi Kasei continues to focus on technological developments for high-performance S-SBR products that enable further improvements to fuel efficiency and wear resistance, in order to meet requirements for increased driving range and mass production of electric vehicles.

Waste 221
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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. Raven SR’s non-combustion Steam/CO 2 Reforming process is itself emissions-free and requires minimal waste sorting before processing.

Renewable 199
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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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Neste to acquire Mahoney Environmental to strengthen its growth strategy and position in renewable raw material sourcing

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Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities.

Renewable 243