Finnish biofuel producer and oil refiner Neste has chosen the Dutch port of Rotterdam as the location for its next renewable products refinery. Neste said the new plant will be around the same size as the 1.5 billion euro ($1.79 billion) refinery expansion it is currently building in Singapore, which the company described as its biggest investment so far.
Swiss chemical giant Clariant joined forces with Ineratec in the challenge for a greener future. The companies entered a partnership to develop and commercialize novel technologies for the production of renewable fuels and chemicals. Clariant will provide its extensive catalysis expertise and broad portfolio of syngas conditioning and upgrading catalysts to support Ineratec’s groundbreaking gas-to-liquid technology.
Novo Holdings and LanzaTech, a pioneer in the production of next generation fuels and chemicals through the recycling of carbon pollution, have formed a partnership to grow LanzaTech’s revolutionary sustainable fuels and chemicals platform. Novo Holdings is making a $72 million investment in the company in a Series E financing, and Senior Director Anders Bendsen Spohr will join LanzaTech’s Board of Directors.
Forward-thinking businesses are partnering with the World Business Council for Sustainable Development (WBCSD), Roundtable for Sustainable Biomaterials (RSB) and Sustainable Energy for All (SE4ALL) through a new global initiative called below50, to promote the best-of-breed of sustainable fuels that can achieve significant carbon reductions, and scale up their development and use.