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CoBank highlights ethanol industry's strong Q2

July 14, 2022

BY Erin Krueger

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A Critical Time for Biocarbon, Biocoal Markets

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By Rachel Levinson

4 hours ago

Biocarbon Markets 

2025 will be a pivotal year for the biocarbon and biocoal markets, but some hurdles still remain.

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Japan-based Renova Inc. on Sept. 30 announced its 49.9 megawatt (MW) Karatsu Biomass Power Plant commenced operations on Sept. 27. The facility is fueled with wood pellets and palm kernel shells (PKS).

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Shell’s recent decision to cancel its Rotterdam biorefinery project will be costly, according to a third quarter update note published by the company on Oct. 7. Shell expects to write down approximately $600 million due to the cancellation.

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Green Carbon Development, led by Process Technical Services, announced on Oct. 2 that it has selected Axens Vegan technology for its upcoming renewable fuels facility. The 10,500 BPSD facility will produce SAF and renewable diesel.

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The recently completed installation of a pellet mill and innovative drying system is empowering Georgian family-owned lumber company Conner Holdings to expand its potential.

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