March 3, 2022
BY Erin Krueger
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Global agribusiness company Bunge on Sept. 23 announced it has launched a $50 million initiative to install a modern, biomass-based steam boiler system at its oilseed processing facility in Martfűi, Hungary.
Utility Global Inc. and Maas Energy Works on Oct. 7 announced an agreement to advance the development of the first commercial project in California to use dairy digester biogas for direct hydrogen fuel production. The
2025 will be a pivotal year for the biocarbon and biocoal markets, but some hurdles still remain.
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).
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.