Biofuels
Mubadala's Acelen secures $1.5 B to launch Brazil SAF biorefinery project
The refinery is expected to start operations in 2029 and produce up to 1 B liters per year of sustainable aviation fuel (SAF) and renewable diesel.
U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices
While stronger demand for renewable fuels and favorable policy signals have encouraged refiners to churn out more products, it remains unclear whether this will prompt producers to commit capital to expanding production capacity after several ventures have failed to break into this market.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
