Biofuel Market News

Biofuel

The UK government has launched a consultation on how to support the development of biomass energy generation with associated carbon captured in the UK over the next decade. Drax plans to invest GBP 2 billion in what will be the biggest carbon capture in power project in the world, supporting UK energy security, deliver...

The British Columbia province provided $149,500 over the past three years to Atli Resources Limited Partnership (Atli Resources LP), which is the forestry arm of the 'Na̱mg̱is First Nation, to support the acquisition of a northern Vancouver Island chipping facility: Atli Chip LP, located in Beaver Cove on the territory...

Conifex Timber Inc. announced a delay in the resumption of operations at its power plant in Mackenzie, British Columbia, Canada, following the previously disclosed dispatch period. In the course of annual maintenance of the power plant, damage to the plant's turbine has been discovered. The Company does not currently a...

Renewable energy company Drax Group is expanding its operations into Japan. To celebrate the launch of Drax Asia and the opening of a new Drax office in Japan, more than 160 guests including government officials, major trading houses, energy businesses and shipping companies, attended a reception at the British Ambassa...

Arbor Renewable Gas LLC is evaluating West Baton Rouge Parish for a planned $800 million manufacturing and distribution facility employing carbon capture and sequestration emissions-reduction technology. Operating as Magnolia Renewable Fuels LLC, the new facility would produce renewable gasoline from wood waste biomass...

KPA Unicon and Versowood have signed a contract on a major modernisation of the Otava sawmill in Finland. The KPA Unicon delivery includes the replacement of the old boiler with a new bio-boiler and a Unicon Bag Filter flue gas cleaning system. In addition, the plant will be equipped with the PlantSys digital service p...

Enviva Inc. to expect reported financial results with respect to the 2Q 2022 to be similar to reported results for the 1Q 2022, as the company exited its seasonally soft period and is capitalizing on the substantially increased plant availability driven by the reduction of COVID-related absenteeism and improving perfor...