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Environment

NextChem to provide NX CPO technology to SAF pilot plant in Italy

NextChem will provide the license and the proprietary equipment related to its NX CPOTM technology to Saras’ SAF pilot facility in Sarroch (Sardinia).

Fortescue and COSCO SHIPPING sign MoU to decarbonize shipping

Fortescue, a green technology, energy and metals company, and COSCO SHIPPING, a leading global shipping company, have signed a non-binding memorandum of understanding to work together on decarbonizing shipping.

Gunvor joins VARO to jointly develop large-scale SAF manufacturing facility

Gunvor Group will join VARO Energy in building a large-scale sustainable aviation fuel (SAF) manufacturing facility at the Gunvor Energy Rotterdam site through a proposed joint venture.

Illimity Bank provides financing for ISAB refinery upgrade in Italy

Illimity Bank said it had structured a financing deal worth more than 400 MM euros for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4-B euro investment plan.

Indorama Ventures joins the T-REX Project to revolutionize textile recycling

This ambitious initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future.

Ampol, Graincorp collaborate for potential renewable fuels plant in Australia

The companies inked a memorandum of understanding (MoU), under which Graincorp will supply feedstock to produce sustainable aviation fuel and renewable diesel at the Lytton refinery.

Brazil's JBS supplies animal waste for production of sustainable aviation fuel

Brazilian meatpacker is supplying animal waste from its operations abroad for the production of renewable aviation fuels and is studying a similar initiative in Brazil through the Friboi brand.

United is first airline to purchase SAF for O'Hare Int'l airport (Chicago, U.S.)

United Airlines will purchase 1 MMgal of sustainable aviation fuel from Neste for use at Chicago's O'Hare International Airport. 

illimity, Trafigura lend money to Italian refinery for energy transition

illimity and commodity trader Trafigura have teamed up to lend more than €400 MM ($434 MM) to Italian refinery ISAB, which will invest €1.4 B in the next decade to strengthen its business and make it greener.

JetBlue to buy sustainable jet fuel for use at JFK airport

JetBlue Airways has agreed to procure sustainable aviation fuel (SAF) from a unit of U.S. refiner Valero Energy Corp, which would be distributed by energy firm World Kinect for use in flights from New York's JFK airport.