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Bionaphtha, a co-product in biodiesel or sustainable aviation fuel production, is set to see a growing market in Europe and Asia, spurred by bioplastics demand and fuel blending mandates. Similar to biofuels, bionaphtha is derived from bio-based feedstock instead of crude oil
The agriculture sector emits nearly 25% of total greenhouse gases globally, according to UN Environment Programme. Rapid deforestation to accommodate farmlands is one of the leading causes of global warming. According to World Wildlife Fund, the earth is losing forests at a rate equivalent to 27 soccer fields per minute to unsustainable and illegal farming practices amid a swift surge in food demand
Low-carbon methanol's growing popularity as an alternative bunker fuel has spurred the interest of producers. In pricing, mined uranium rose to its highest level in at least four years, while lower gas prices are putting pressure on drilling activity in the Haynesville Shale. India's steel production capacity and US plant-based protein exports are also in focus. 1