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Mitsubishi Heavy invests in Monolith Materials to support clean hydrogen production

Green Car Congress

Olive Creek 1 in Hallam, Nebraska is Monolith Materials’ first commercial-scale emissions-free production facility designed to produce approximately 14,000 metric tons of carbon black annually along with clean hydrogen. Monolith Materials is the first US manufacturer to produce “turquoise hydrogen” on a commercial scale.

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Monolith to collaborate with Goodyear on carbon black for its tire production; methane pyrolysis

Green Car Congress

Monolith , a leader in clean carbon black production, signed a collaboration agreement and letter of intent (LOI) with The Goodyear Tire & Rubber Company, one of the world's largest tire companies. Monolith’s Olive Creek 1 facility in Hallam, Nebraska.

Carbon 221
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USDA invests $26 million in biofuel infrastructure to expand availability of higher-blend renewable fuels in 23 states

Green Car Congress

The US Department of Agriculture (USDA) is investing $26 million to build infrastructure to expand the availability of higher-blend renewable biofuels by 822 million gallons annually in 23 states. The funding will help increase the use of biofuels derived from US agricultural products.

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Love’s and Cargill joint venture to produce and market renewable diesel; ~80M gallons per year

Green Car Congress

The Love’s Family of Companies, Cargill and their affiliates have entered into a 50/50 joint venture to produce and market renewable diesel. The joint venture is called Heartwell Renewables and will result in the construction of a new production plant and more than 50 jobs in Hastings, Nebraska.

Renewable 170
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Goodyear announces first tire to use carbon black produced via methane pyrolysis; Monolith’s carbon black

Green Car Congress

While traditional carbon black commonly comes from the combustion of fossil fuel oils, Monolith’s plasma-based process takes advantage of renewable electricity to complete methane pyrolysis and results in the output of only carbon and hydrogen, with no combustion required.

Carbon 273
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Pacific Ethanol merging with Aventine Renewable Energy; combined ethanol production capacity of 515M gpy

Green Car Congress

the leading producer and marketer of renewable fuels in the western US, and Aventine Renewable Energy Holdings, Inc., Pacific Ethanol, Inc., Aventine currently has $135 million in term loan debt. Under the terms of the merger agreement, Pacific Ethanol expects to issue approximately 17.75

Renewable 150
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USDA providing $700M to provide economic relief to more than 100 biofuel producers and 195 facilities

Green Car Congress

USDA is making payments to 195 biofuel production facilities to support the maintenance and viability of a significant market for agricultural producers of products such as corn, soybean or biomass that supply biofuel production. For example: In Iowa, Southwest Renewable Energy LLC is receiving a payment of $3 million.