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Environment

LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling

Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.

Neste sees Singapore green jet fuel sales picking up from Q2 2024

Finland's Neste beat third-quarter core earnings forecasts and said SAF sales from its new Singapore facility would pick up from the second quarter of next year.

Ireland could start producing sustainable jet fuel from 2030

Ireland's offshore wind power plans could see it produce SAF from around 2030 but "significant progress" is needed to develop SAF at scale.

Philippines seeks gasoline price cut with higher ethanol blend

The Philippine government aims to lower domestic pump prices for gasoline by calling for a higher ethanol blend of 20% on a voluntary basis, from the current mandatory 10%.

Vitol to launch specialist biofuel bunker barges in early 2024

Global energy trader Vitol will be delivering specialized bunker barges at Singapore in early 2024, and will be able to offer a range of biofuel blends through its subsidiaries V-Bunkers and Vitol Bunkers.

Evergreen and CIP team up to explore green shipping fuels

Evergreen Marine Corporation and Copenhagen Infrastructure Partners have signed a Memorandum of Understanding to jointly explore production and usage of carbon-neutral e-fuels.

DHL and World Energy partner for aviation decarbonization with SAFc

DHL Express and World Energy have signed a long-term strategic agreement to accelerate the decarbonization of aviation logistics through the purchase of approximately 668 million liters of SAF via sustainable aviation fuel certificates.

Stamicarbon secures contracts for ultra-low energy urea plant in China

Shandong Lianmeng Chemical Company awards licensing and equipment supply contracts for a grassroots urea melt and prilling plant in China to Stamicarbon, the nitrogen technology licensor of MAIRE Group.

Navigator CO2 Ventures cancels carbon-capture pipeline project in U.S. Midwest

Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 Mmt of carbon dioxide annually from Midwest ethanol plants and storing it permanently underground citing "unpredictable" state regulatory processes.

Stockholm to ban gasoline, diesel cars from city center

Stockholm will ban gasoline and diesel-powered cars from key parts of the city center from 2025 as it seeks to improve air quality and reduce traffic noise.