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Glycos Biotechnologies Expands into Malaysia; Focus on Palm Oil

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(GlycosBio), a biochemical company using metabolic engineering and microbiology for the production of sustainable biochemicals, is expanding into Malaysia. We see the palm oil industry as being a long-term source of “renewable feedstocks” which directly align with our technology. GlycosBio and Malaysian Bio-XCell Sdn.

Malaysia 170
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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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A lifecycle study by consultancy thinkstep, commissioned by SEALNG and SGMF, has found that greenhouse gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels, over the entire life-cycle from Well-to-Wake (WtW).

Mariner 220
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Shell selects site for proposed $12.5B GTL project in Louisiana

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As a leading producer in the Gulf of Mexico with approximately 150 million barrels of oil each year, Shell also operates extensive onshore facilities in Louisiana, including its Norco and Geismar plants, a major training center in Robert, and corporate offices in New Orleans. James and Ascension parishes.

Louisiana 255
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Pensana plans $125M rare earth separation facility in England

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The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.

Angola 345
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

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Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. Earlier post.)

Renewable 247