ScanOcean to supply MGO-HVO blend in Sweden

  • Spanish Market: Biofuels, Oil products
  • 21/05/24

Swedish bunker firm ScanOcean will supply a B30 marine biodiesel blend made of marine gasoil (MGO) and hydrotreated vegetable oil (HVO) by truck at all Swedish ports.

The B30 blend will comprise 70pc MGO and 30pc HVO and meet ISO 8217:2017 MGO specifications, according to ScanOcean. The biofuel component will not contain any fatty acid methyl ester (Fame) and the blend will reportedly be accompanied by ISCC-EU certification and a proof of sustainability (PoS) document. ScanOcean added that they will supply the physical blend but that the HVO component will be sourced from the EU. The B30 blend will achieve a 25pc reduction of CO2 emissions on a well-to-wake basis when compared with conventional MGO, according to the Swedish supplier.


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24/06/24

Rising middle distillate prices deter German buyers

Rising middle distillate prices deter German buyers

Hamburg, 24 June (Argus) — Rising middle distillate values weighed on domestic sales in Germany last week, although the price hike was less pronounced in the south of the country because of oversupply. German middle distillate prices increased for a second consecutive week. Heating oil averaged around €81.10/100 litres last week and diesel just under €125.60/100l, up by almost €2.00/100l and €1.80/100l on the previous week, respectively. The main driver was a rise in the front-month Ice gasoil futures contract, which reached its highest level since mid-April at $790/t on 19 June, underpinned by supply concerns. But according to traders and importers, Germany itself has no physical supply shortages. The opposite was true in some regions, where oversupply capped price rises last week. This was notably the case in the south and southwest of Germany, where prices went up at a slower pace than the national average. Rising prices are deterring buyers and weighing on middle distillate sales, traders said. This is reflected in nationwide traded spot volumes of heating oil and diesel reported to Argus, which fell by a respective 46pc and 22pc last week compared with the previous week. Gasoil imports via northern German ports are declining because of ample domestic production, which has resulted in the cif Hamburg assessment's premium to Ice gasoil futures falling by €2.50/100l since 11 June. Diesel cargo volumes imported to northern Germany in June are at their lowest level since February at 58,500 b/d according to Vortexa data. By Johannes Guhlke Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Toyo, SCG enhance waste plastics recycling partnership


24/06/24
24/06/24

Toyo, SCG enhance waste plastics recycling partnership

Tokyo, 24 June (Argus) — Japanese engineering firm Toyo Engineering and Thai petrochemical producer SCG Chemicals plan to enhance their partnership in the chemical recycling of waste plastics, aiming to launch an upgraded demonstration plant in Thailand by early 2025. The agreement to co-operate on the future commercialisation of the chemical recycling technology of SCG subsidiary Circular Plas (CirPlas) and the development of a licensing business is a follow-up to the companies' initial deal to study the feasibility of chemical recycling in Thailand in January 2022. CirPlas is 60pc owned by SCG and has developed chemical recycling technology turning mixed plastic wastes into naphtha and then plastic resins. Toyo and SCG plan to add a new unit to the operating pilot plant in south Thailand's Rayong province. The companies are still examining the output capacity of the enhanced pilot plant and future commercial operation. They are unsure when they will start operations of the commercial venture. The circular economy has been a major topic in Japan's petrochemical industry on the back of the country's 2050 decarbonisation goal. Petrochemical producer Mitsui Chemicals in March began using pyrolysis oil , generated from waste plastics, to manufacture petrochemical products at its Osaka naphtha-fed cracker. Sumitomo Chemical plans to begin recycling polymethyl methacrylate in 2025. By Nanami Oki Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

CPC to import Taiwan's first SAF for 2025 trial


24/06/24
24/06/24

CPC to import Taiwan's first SAF for 2025 trial

Singapore, 24 June (Argus) — Taiwan will supply its airlines with sustainable aviation fuel (SAF) for the first time in first-half 2025, as part of a pilot project to hasten carbon emissions reductions in aviation and meet its net zero goals. There are plans for state-owned refiner CPC to import and supply SAF to national airlines at Taoyuan International Airport and Taipei Songshan Airport during January-June 2025. The volumes and airlines have not been confirmed, said a company source. Taiwan's Civil Aviation Administration (CAA) also encourages Taiwanese airlines to target 5pc SAF use by 2030, given the International Civil Aviation Organisation's (ICAO) aim of achieving a 5pc cut in carbon dioxide emissions in international aviation by 2030 compared with a business as usual scenario. The CAA said it has been working with the relevant ministries, oil companies, airlines and airports to understand their needs regarding domestic supplies of SAF. It is also in the process of ensuring facility certification and implementing supporting measures in airlines and aircraft. The SAF used in trials next year must have been certified by an ICAO-authorised agency, including details such as oil pipelines, its import sources, oil storage tanks, vessels and tanker trucks transporting the oil. CPC is now settling certification work for each step of the import process. The SAF will also be certified by the Carbon Offsetting and Reduction Scheme for International Aviation (Corsia), a global scheme to reduce international aviation emissions, which airlines can directly use it to reduce their carbon emissions. The CAA has strategies to decarbonise Taiwan's aviation sector. These are reducing fuel consumption through measures like optimising flight routes and encouraging airlines to replace old aircraft with new models. It also aims to step up energy conservation and carbon emissions reductions in airport operations and management, encourage airlines to use SAF and promote compliance with Corsia's emissions requirements. The CAA updated Taiwan's civil and general aviation regulations last year to include laws on carbon emissions reporting in compliance with Corsia. Taiwan's airlines this year reported their carbon emissions for the first time for the year 2023, which the administration is also currently reviewing. By Sarah Giam Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Brazil's Raizen ships 2G ethanol cargo to EU


20/06/24
20/06/24

Brazil's Raizen ships 2G ethanol cargo to EU

Sao Paulo, 20 June (Argus) — A second generation (2G) ethanol-producing unit of Brazil's top sugar and ethanol milling group Raizen — known as Bonfim Bioenergy Park — shipped its first cargo of 2G ethanol to the EU, vice-president Paulo Corte-Real Neves said. "We were already exporting E2G produced at the Costa Pinto unit," Neves said during the Argus Biofuels and Feedstocks Latin America conference, in Sao Paulo, Brazil. "Now, with the Bonfim plant, we have increased our relevance with customers and expanded the penetration of cellulosic ethanol." Bonfim Bioenergy Park is Raizen's second unit to sell 2G ethanol. The first is Costa Pinto Bioenergy Park. Both are in Sao Paulo state and produce a combined 112mn liters/yr (1,940 b/d), chief executive Ricardo Mussa said in May. Raizen said last year it sold 80pc of Bonfim's output to international markets. It now expects to sell the remainder on the EU ethanol spot market. Raizen, a joint venture between Shell and Brazilian conglomerate Cosan, has plans to have 20 2G ethanol units in operation in 10 years, with total installed capacity reaching up to 1.6bn l/yr (27,750 b/d) when works are finished. By Maeli Prado Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Japan’s MGC produces bio-methanol from sewage gas


20/06/24
20/06/24

Japan’s MGC produces bio-methanol from sewage gas

Tokyo, 20 June (Argus) — Japanese petrochemical producer Mitsubishi Gas Chemical (MGC) has begun commercial output of bio-methanol by using sewage gas at its Niigata plant in northwest Japan's Niigata prefecture, in its latest project to decarbonise methanol manufacturing. It buys sewage gas, consisting of methane and carbon dioxide (CO2), from Niigata prefecture's Niigougawa sewerage plant. But the volume of bio-methanol produced is inconsistent and limited, it said. Output of bio-methanol could be a minimum 1 t/d but is unlikely to exceed 10 t/d, depending on the feedstock volumes MGC can purchase, it added. The sewerage plant uses the gas for power generation. MGC is still looking for buyers of its bio-methanol, although it said it has found some potential users. It expects domestic sales as output is too low for exports. The company expects its bio-methanol to be used as petrochemical feedstock, marine fuel and power generation fuel. The company has also explored the feasibility of methanol production from CO2 and green hydrogen in partnership with Cement Australia. Japan's methanol consumption has been around 1.7mn-1.8mn t/yr, according to MGC, with demand expected to grow further. By Nanami Oki Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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