Gevo Inc., a leading renewable fuels and chemicals manufacturer, signed a Fuel Sales Agreement with Scandinavian Airline System (SAS) to produce and supply sustainable aviation fuel (SAF) for use and distribution in low carbon fuel regions of the United States. With the finalization of this new supply contract, Gevo will supply SAF to SAS from Gevo’s expanded Luverne, Minnesota plant, which is expected to be constructed over the next several years.
According to Thomson Reuters, “corn farmers, ethanol producers, refinery representatives, energy traders and state and local officials from the Midwest all blasted away at the Trump administration’s proposed biofuels plan for next year during a public hearing on Wednesday hosted by the U.S. Environmental Protection Agency (EPA).”
The Office of Science Technology and Policy (OSTP) requests input from all interested parties on the U.S. Bioeconomy. According to OSTP, “the Bioeconomy represents the infrastructure, innovation, products, technology, and data derived from biologically-related processes and science that drive economic growth, promote health, and increase public benefit.”
Cargill is one of the main players of the world bioeconomy. The company founded in 1865 by William Wallace Cargill in Minnesota, USA, has today more than 155,000 employees worldwide serving food and beverage manufacturers, foodservice companies and retailers with food ingredients as well as food and non-food applications.
In this exclusive interview with Il Bioeconomista, Colleen May, President of Cargill’s Bioindustrial Group, tells us what is the bioeconomy from her company’s point of view and what are Cargill’s next steps in the green chemistry.
Interview by Mario Bonaccorso
US companies Phillips 66 and Renewable Energy Group, Inc. joined forces for the construction of a large-scale renewable diesel plant on the U.S. West Coast. The plant would utilize REG’s proprietary BioSynfining® technology for the production of renewable diesel fuel. Planned feedstocks include a mix of waste fats, oils and greases, including regionally-sourced vegetable oils, animal fats and used cooking oil.
BioAmber Inc. filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code and that its two Canadian subsidiaries, BioAmber Sarnia Inc. and BioAmber Canada Inc., filed a Notice of Intention to make a proposal under the Bankruptcy and Insolvency Act (Canada), with a view to strengthening the company’s financial health and solidifying its long-term business prospects.
The U.S. Department of Agriculture (USDA) released a new report on the bioeconomy, “Indicators of the U.S. Biobased Economy”, which measures substantial economic growth, job creation, and household income for the agricultural sector from biofuel and bioenergy production. Moreover, it indicates great potential for additional prosperity from future growth in renewable chemicals and biobased products. BIO, the U.S. Biotechnology Innovation Organization, calculates that the global economic value of the biobased economy – including industrial biotechnology, renewable chemicals and polymers, biofuels, enzymes and biobased materials – is $355.28 billion.
U.S. environmental group the League of Conservation Voters launched a $2 million campaign to press this year’s candidates for state and local office to embrace clean energy, citing a lack of leadership on the issue in Washington.
According to the International press agency Reuters, the effort seeks to tap into increasing local-level leadership on climate change since President Donald Trump took office on a vow to roll back environmental regulation and promote fossil fuels production.
Pacific Ethanol, Inc. a leading producer and marketer of low-carbon renewable fuels in the United States, and Edeniq, Inc., a biorefining and cellulosic technology company, entered into a technology licensing and purchase agreement to enable the production of cellulosic ethanol at Pacific Ethanol’s Madera, California, plant using Edeniq’s Pathway and Cellunator™ Technologies.
Finnish oil refiner Neste is considering investing in U.S. production of biofuels in a move seen as a response to possible policy changes by U.S. President Donald Trump’s administration.