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DHL and Formula 1 take flight with SAF

SOURCE: DHL Group

October 14, 2024

BY DHL Group

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Terviva receives investment from Chevron Renewable Energy Group to scale renewable pongamia for biofuel production

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By Terviva Inc.

2 hours ago

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Terviva Inc. on Oct. 15 announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a biofuel feedstock.

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Honeywell on Oct. 15 announced that St1 has started using Honeywell’s Ecofining technology to produce sustainable aviation fuel (SAF) at its biorefinery in Gothenburg, Sweden. The facility will produce 200,000 tons of renewable fuels annually.

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Soybean oil use for biobased diesel production reached a near-record high in June, but demand for soybean oil feedstock continues to face headwinds from rising imports of UCO and tallow, according to CoBank.

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The IEA on Oct. 9 published its annual Renewables market report, which for the first time includes a chapter focused on renewable fuels that outlines expected growth in liquid biofuels, including SAF, biogas, and other forms of bioenergy through 2030.

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The Clean Fuels Alliance Foundation is now accepting applications for the Beth Calabotta Sustainability Education Grant. Established in 2018, the grant aims to support student scientists dedicated to sustainable research.

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