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Boustead in revamp deals

PETALING JAYA: Boustead Holdings Bhd made a slew of announcements yesterday ranging from a venture into planting and extracting algae oil to the disposal of a parcel

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  • Manchester United adds renewable biodiesel to its line-up March 29, 2022
    Manchester United has reinforced its commitment to environmental sustainability through a global partnership with Renewable Energy Group (REG) with a shared mission to tackle climate change. The Red Devils have selected REG’s UltraClean BlenD renewable biodiesel for use in their groundskeeping equipment to reduce emissions which helps them expand decarbonisation efforts while providing cleaner air benefits […]
  • Airbus successfully trials an A380 using SAF March 29, 2022
    The Airbus A380’s MSN1 operated one engine on 100% SAF during a recent test flight. This milestone marked the third Airbus aircraft – following the A350 and the A319neo – to test unblended sustainable aviation fuel. This feat of engineering is set to further enhance the company’s legacy by playing a vital role in helping to […]
  • Aemetis signs deal with Finnair to supply SAF March 28, 2022
    Aemetis has announced that an offtake agreement has been signed with oneworld Alliance airline member Finnair for 17.5 million gallons of blended sustainable aviation fuel (SAF) to be delivered over the seven-year term of the agreement. The value of the contract including incentives is approximately $70 million (€83 million). “Finnair has set an ambitious long-term target […]
  • ICE expands its US renewable fuels markets March 28, 2022
    Intercontinental Exchange has announced the launch of two Renewable Volume Obligation futures contracts, expanding its US renewable fuels futures markets. The US Environmental Protection Agency’s (EPA) Renewable Fuel Standard (RFS) mandates the incorporation of renewable fuels into transportation fuel. Each year, the EPA outlines the volume requirements for each renewable fuel category and sets those […]
  • Fermentation strategies in biofuel production March 28, 2022
    Vogelbusch Biocommodities is acknowledged worldwide for proprietary technologies and tailor-made plant designs for the bio-based industries and offers solutions for a range of fermentation processes, including technologies and equipment for the production of yeast, organic acids, bioethanol as well as potable alcohol. Bioethanol is a sustainable and renewable source of energy, produced from sugar or […]
  • Delta signs 75 million gallon per year SAF deal with Gevo March 25, 2022
    Gevo has signed an agreement with Delta Air Lines to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years. Gevo estimates that the agreement should generate approximately $2.8 billion (€2.5 billion) of revenue over the seven-year term of the agreement. The Agreement replaces the existing agreement signed with Delta in 2019 to purchase […]
  • Ryanair’s pathway to net zero includes greater SAF usage March 25, 2022
    Ryanair has announced its new decarbonisation strategy – Pathway to Net Zero. This incluces 34% decarbonisation through the increased use of sustainable aviation fuel (SAF). With more than a third of its decarbonisation to come from the increased use of SAF, Ryanair is working with the EU and fuel suppliers to accelerate supply of this greener […]
  • Renewable diesel to outstrip supply of biodiesel in US March 25, 2022
    The US Energy Information Administration (EIA) in its Annual Energy Outlook 2022 projects that renewable diesel supply will exceed biodiesel supply in the near term. The EIA projects that renewable diesel supply will increase to 130,000 barrels per day (b/d) in 2022 and 145,000 b/d in 2050, reflecting a significant increase in renewable diesel production capacity. Biomass-based […]
  • Scaling up SAF production from wild algae and biosolids March 24, 2022
    AECOM has signed a strategic agreement with Genifuel Corporation to scale production of sustainable aviation fuel (SAF) and biogas from wild algae and biosolids. The partnership employs a patent-pending process developed by AECOM to harvest wild algae and a patented process developed by Genifuel and the US Department of Energy to convert algae and wastewater […]
  • Velocys agrees sales and purchase deal over Altalto Project March 24, 2022
    Velocys has announced that its subsidiary Altalto Immingham has sold its 100% interest in Rula Developments (RDIL) as planned. Rula owns the site for the proposed Altalto waste-to-sustainable-fuel project, which is being developed in collaboration with British Airways. Rula has been sold to funds managed by Foresight Group for £9.75 million (€11.7 million) with a […]