February 5, 2014
BY Erin Voegele
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New Energy Blue on March 18 announced the formation of New Energy Chemicals. In phase one, the biochemical subsidiary will produce biobased ethylene for use in Dow’s renewable plastics. In phase two, the subsidiary will expand to SAF production.
USDA on March 8 celebrated the second annual National Biobased Products Day, a celebration to raise public awareness of biobased products, their benefits and their contributions to the U.S. economy and rural communities.
The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.
Drax Group plc released 2023 financial results on Feb. 29, reporting its pellet production segment achieved robust performance in a challenging market environment. The company also discussed progress on its BECCS projects in the U.S. and U.K.
New independent analysis by Public First, ‘Mind the gap: Exploring Britain’s energy crunch’, commissioned by Drax Group, reveals that the U.K. will hit an energy security “crunch point” in 2028.