Carbon Management

BASF enters power agreements for clean energy supply of more than 20 BASF sites across the United States

BASF is committed to renewable energy solutions to power its sites across the United States and has entered into virtual power purchase agreements for wind and solar power totaling 250 megawatts.

Neste and Avfuel supply SAF to Viva Aerobus

Viva Aerobus took its first flight powered by SAF from Los Angeles to Guadalajara on June 15. The uplift was made possible by the partnership between Avfuel and Neste.

Lufthansa and Shell form future-oriented cooperation on SAF

Shell International and the Lufthansa Group have signed an MoU for exploring the supply of SAF at airports across the globe. The parties intend to agree on a contract for a total supply volume of up to 1.8 MMt of SAF starting in 2024.

The downstream rundown: In case you missed it 7/29

In case you missed any downstream news, here are the top stories from last week.

CapturePoint proposes new carbon capture facility for Louisiana

CapturePoint LLC has submitted an application to build a carbon capture storage facility in Rapides Parish, Louisiana, roughly 90 miles north of Lafayette.

4AIR and NATA collaborate for first-ever SAF delivery receipt for business aviation

The National Air Transportation Association (NATA) in partnership with 4AIR announced the release of a first-ever SAF receipt for business aviation.

Sainsbury’s partners with Williams Advanced Engineering for sustainable start-up projects with £5 MM investment

Sainsbury’s has announced the launch of Sainsbury’s Innovation Investments which will invest a minimum of £5 MM over the next four years into start-up businesses commercializing innovative, sustainable technologies that look to reduce operational carbon emissions and water usage.

bp opens its first electric truck charging facilities to support the decarbonization of transport

bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonization of the sector – where, according to the IEA, tailpipe CO2 emissions have increased on average 2.2% annually since 2000.

Neste to acquire Walco Foods to strengthen its renewable raw material sourcing

Neste, a leading producer of renewable diesel and SAF-produced from waste and residue raw materials, has agreed to acquire 100% of Walco Foods, an Irish trader of animal fats.

Avfuel, Neste collaborate to help business aviation reach net-zero goals faster

Given Neste’s expertise in renewable fuels and its fast-growing production capacity of SAF, Avfuel chose Neste as its strategic partner in January 2021 to develop an efficient and continuous supply of Neste MY Sustainable Aviation Fuel throughout North America and overseas.