Last week, syngas fermentation company Coskata announced a shifting strategy from biomass to natural gas feedstock. Coskata developed an organism to convert syngas into ethanol, and had previously been planning to source the syngas from biomass gasification. While cheap natural gas is certainly stim...
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News Commentary | November 18, 2021
Through its venture capital arm, Maersk invested in WasteFuel, a California‑based startup converting municipal and agricultural waste into bio‑methanol, jet fuel, and renewable natural gas. Having already secured a supply of bio‑methanol in Europe earlier this year, this investment allows Maersk to ... Not part of subscription
News Commentary | March 08, 2022
The 50‑50 joint venture (JV) with Marathon Petroleum will cost approximately USD 2 billion and convert Marathon's Martinez refinery in California for the production of renewable diesel. Lux labeled renewable diesel as the future of the biobased fuels industry in 2016, and the rapid scale‑up in ... Not part of subscription
News Commentary | May 23, 2022
Two years after deciding to convert the Rodeo Refinery into the world's largest renewable diesel facility, Phillips 66 is doubling down to build another 800‑million gallon/year facility by 2024: Instead of processing crude oil, the converted facility will use waste oils, fats, greases, and vegetable... Not part of subscription