sustainable aviation fuel (SAF)
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px Saltend Chemicals Park Named as Home to LanzaTech’s Groundbreaking DRAGON II Sustainable Aviation Fuel Project, Set to Create SAF Jobs on the Humber
Globenewswire· 2026-01-28 08:30
Core Insights - LanzaTech Global, Inc has announced a £600 million investment in the DRAGON II project to produce sustainable aviation fuel (SAF) and renewable diesel at Saltend Chemicals Park in Humberside, aiming to deliver approximately 80,000 tonnes of SAF and 8,000 tonnes of renewable diesel annually [1][2] - The project is expected to create around 300 skilled jobs during construction and 150 jobs during operation, contributing significantly to the UK's net-zero ambitions and energy security [1][3] Company Overview - LanzaTech is a leader in carbon management, utilizing a proprietary gas-fermentation platform to convert waste carbon into valuable products, including SAF and chemicals [5] - The company has established global partnerships, including collaborations with ArcelorMittal and IndianOil Company, to enhance industrial resilience and unlock economic value from carbon [5] Project Details - The DRAGON II facility is scheduled to begin construction in the second half of 2027 and is expected to be operational by 2030, reinforcing Humberside's position in industrial decarbonization [3][4] - The project is part of a broader initiative, DRAGON, which includes DRAGON I in Port Talbot, South Wales, and aims to produce a total of 50,000 tonnes of ethanol from waste carbon dioxide and green hydrogen [2] Government Support - The UK government has provided strong support for the development of the DRAGON projects, including a £6.4 million grant from the Department for Transport's Advanced Fuels Fund to accelerate both DRAGON I and DRAGON II [2] Infrastructure and Collaboration - Saltend Chemicals Park, owned by px Group, was selected for its exceptional infrastructure and potential for hydrogen and CO2 pipelines, which aligns with LanzaTech's goals for sustainable production [4][10] - LanzaTech is exploring collaborations with local partners to leverage the region's supply chains and emerging CO2 pipeline infrastructure [3]
Gevo CEO Shakeup: Gruber to Executive Chair as Bloom Takes Helm, Eyes Northstar ATJ30 Expansion
Yahoo Finance· 2026-01-23 18:48
Bloom said near-term priorities center on continued profitability and increasing adjusted EBITDA at Gevo, North Dakota (the company’s acquired ethanol facility with carbon capture). He described last year as “transformational” following the acquisition and said the company has been monetizing tax credits and carbon while operating the commodity business.Bloom thanked the board and Gruber for the appointment and outlined his background as a chemist with experience commercializing bio-based technologies. He c ...
Incoming CEO Paul Bloom and Long-Time Leader Patrick Gruber to Participate in Virtual Fireside Chat
Globenewswire· 2026-01-21 21:01
ENGLEWOOD, Colo., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leader in renewable fuels and chemicals and carbon management, today announced that President and incoming CEO of Gevo, Paul Bloom, and long-time leader and current CEO, Patrick Gruber, will participate in a virtual fireside chat on Friday, January 23, 2026 at 10:00am ET. Topics to be covered will include recently announced leadership transition plans, the future of Gevo, and how these plans help the company achieve its goals. ...
Phillips 66 Limited agrees to acquire Lindsey Oil Refinery assets
Businesswire· 2026-01-05 12:01
Core Viewpoint - Phillips 66 Limited has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure, which is expected to enhance the company's operations and contribute to UK energy security [1][3][4]. Group 1: Acquisition Details - The acquisition is pending completion subject to regulatory clearances and follows a bidding process managed by FTI Consulting after the Official Receiver was appointed liquidator in June 2025 [1][2]. - The company has decided not to restart standalone operations at the Lindsey Oil Refinery due to its limitations in scale, facilities, and capabilities, deeming it not viable in its current form [2]. Group 2: Strategic Integration - The acquired assets will be integrated into the Humber Refinery operations, which will improve fuel supply to UK customers and create future growth opportunities for both renewable and traditional fuels [3][6]. - The strategic investment is expected to support hundreds of high-quality jobs and bolster the local economy through site operations and future investments [3][4]. Group 3: Company Background - Phillips 66 Limited is a wholly owned subsidiary of Phillips 66, operating in the UK for over 60 years and owning the Humber Refinery, which meets the UK's demand for liquid fuels [5][7]. - The company is focused on producing sustainable aviation fuel, graphite coke for electric vehicle batteries, and other transportation fuels, thereby strengthening its refining capabilities and distribution network [6].
Valero Energy Corporation to Release Fourth Quarter and Full Year 2025 Earnings Results on January 29, 2026
Businesswire· 2025-12-05 15:05
Core Viewpoint - Valero Energy Corporation is set to release its financial and operational results for Q4 and full year 2025 on January 29, 2026, with a conference call scheduled for discussion [1] Company Overview - Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, primarily selling in the U.S., Canada, the U.K., Ireland, and Latin America [2] - The company operates 15 petroleum refineries in the U.S., Canada, and the U.K., with a combined throughput capacity of approximately 3.2 million barrels per day [2] - Valero is a joint venture member in Diamond Green Diesel Holdings LLC, producing low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of about 1.2 billion gallons per year in the U.S. Gulf Coast region [2] - The company owns 12 ethanol plants in the U.S. Mid-Continent region, with a combined production capacity of approximately 1.7 billion gallons per year [2] - Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments [2]
Valero Energy Corporation Announces CFO Transition
Businesswire· 2025-10-29 10:38
Core Points - Valero Energy Corporation announced the retirement of CFO Jason Fraser, effective December 31, 2025, with Homer Bhullar appointed as the new CFO starting January 1, 2026 [1][2][3] Management Transition - Jason Fraser has been with Valero since 1999 and has held various leadership roles, including General Counsel, contributing significantly to the company's success [2] - Homer Bhullar has been with Valero since 2014 and has served as Vice President-Investor Relations and Finance since April 2021, bringing extensive experience in finance and leadership to the CFO role [3] Company Overview - Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels, operating 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day [4][5] - The company also produces low-carbon fuels through its joint venture in Diamond Green Diesel Holdings LLC, with a production capacity of about 1.2 billion gallons per year [5]
LanzaTech (LNZA) - Prospectus(update)
2023-05-22 10:06
Washington, D.C. 20549 PRE-EFFECTIVE AMENDMENT NO. 3 TO Table of Contents As filed with the Securities and Exchange Commission on May 22, 2023 Registration No: 333-269735 UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM S-1 REGISTRATION STATEMENT UNDER (Primary Standard Industrial Classification Code Number) (I.R.S. Employer THE SECURITIES ACT OF 1933 LanzaTech Global, Inc. (Exact name of registrant as specified in its charter) Delaware 8731 92-2018969 (State or other jurisdiction of incorporation or o ...
LanzaTech (LNZA) - Prospectus(update)
2023-05-05 20:03
Table of Contents As filed with the Securities and Exchange Commission on May 5, 2023 Registration No: 333-269735 UNITED STATES SECURITIES AND EXCHANGE COMMISSION REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LanzaTech Global, Inc. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 PRE-EFFECTIVE AMENDMENT NO. 2 TO FORM S-1 Identification Number) 8045 Lamon Avenue, Suite 400 Skokie, Illinois 60077 Tel: (847) 324-2400 (Address, including zip code, and telephone number, inc ...
LanzaTech (LNZA) - Prospectus(update)
2023-03-29 01:27
Table of Contents As filed with the Securities and Exchange Commission on March 28, 2023 Registration No: 333-269735 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 PRE-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LanzaTech Global, Inc. (Exact name of registrant as specified in its charter) Delaware 8731 92-2018969 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I ...