SAF

Ampaire Successfully Conducts Hybrid Electric Ground Test Using Dimensional Energy's Pure Sustainable Aviation Fuel

Retrieved on: 
Thursday, February 22, 2024

HAWTHORNE, Calif., Feb. 22, 2024 /PRNewswire/ -- Ampaire Inc., a global leader in hybrid electric aircraft systems, has achieved a significant milestone in sustainable aviation by completing its first ground test utilizing pure 100 percent ASTM D7566 Sustainable Aviation Fuel (SAF) produced by Dimensional Energy from electricity and carbon dioxide.

Key Points: 
  • HAWTHORNE, Calif., Feb. 22, 2024 /PRNewswire/ -- Ampaire Inc., a global leader in hybrid electric aircraft systems, has achieved a significant milestone in sustainable aviation by completing its first ground test utilizing pure 100 percent ASTM D7566 Sustainable Aviation Fuel (SAF) produced by Dimensional Energy from electricity and carbon dioxide.
  • This breakthrough reimagines 100 percent electric flight by pairing Dimensional Energy e-fuels and Ampaire's hybrid electric propulsion systems.
  • Ampaire conducted rigorous ground testing using its Eco Caravan hybrid electric aircraft to validate the performance and viability of Dimensional Energy's pure e-fuel SAF.
  • Kevin Noertker, CEO of Ampaire, emphasized the significance of this milestone, stating: "The successful ground test using pure SAF from Dimensional Energy marks a pivotal moment in our journey towards sustainable aviation.

2024 Sobey Art Award call for nominations now open

Retrieved on: 
Wednesday, February 21, 2024

OTTAWA, ON, Feb. 21, 2024 /CNW/ - The National Gallery of Canada (NGC) and the Sobey Art Foundation (SAF) announce that the 2024 Sobey Art Award call for nominations is now open.

Key Points: 
  • OTTAWA, ON, Feb. 21, 2024 /CNW/ - The National Gallery of Canada (NGC) and the Sobey Art Foundation (SAF) announce that the 2024 Sobey Art Award call for nominations is now open.
  • "The Sobey Art Award mission is to champion and propel the careers of visual artists of all ages from across Canada; the addition of the Circumpolar region is a testament to the Sobey Art Foundation's direct support to artists and the perspectives they bring," said Jonathan Shaughnessy, Director, Curatorial Initiatives, NGC, and Chair of the 2024 Sobey Award Jury.
  • "We are very happy that even more deserving contemporary artists from Canada will be included in the Sobey Art Award long- and shortlists," said Rob Sobey, Chair of the Board of Trustees, Sobey Art Foundation.
  • The 2023 Sobey Art Award went to Kablusiak , representing the former Prairies and North region.

Natixis Corporate & Investment Banking joins United Airlines as corporate partner with investments in expansion of Sustainable Aviation Fuel

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, Feb. 14, 2024 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) today announced its investment in the United Airlines Ventures Sustainable Flight FundSM - the first of its kind venture fund focused on funding startups dedicated to scaleup of Sustainable Aviation Fuel (SAF) production through advancing technology and sustainable feedstock development.

Key Points: 
  • NEW YORK, Feb. 14, 2024 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) today announced its investment in the United Airlines Ventures Sustainable Flight FundSM - the first of its kind venture fund focused on funding startups dedicated to scaleup of Sustainable Aviation Fuel (SAF) production through advancing technology and sustainable feedstock development.
  • Natixis CIB joins a group of 22 investors consisting of industry leaders across the aviation value chain including OEMs, airlines, fuel producers, technology and engineering specialists, banks, aircraft lessors and travel management.
  • "We are proud to be a part of this endeavor," said Yevgeniya Levitin, Managing Director and Head of Aviation Americas at Natixis CIB.
  • Natixis CIB is fully aligned with United Airlines Ventures Sustainable Flight Fund's approach to addressing the bottlenecks to scaling up production and advancing SAF enabling technologies."

United Adds New Corporate Partners to Sustainable Flight Fund That Now Exceeds $200 Million

Retrieved on: 
Wednesday, February 14, 2024

CHICAGO, Feb. 14, 2024 /PRNewswire/ -- United today announced that Aircastle (a Marubeni & Mizuho Leasing Company), Air New Zealand, Embraer, Google, HIS, Natixis Corporate & Investment Banking, Safran Corporate Ventures, and Technip Energies are now among the 22 corporate partners that make up the airline's The United Airlines Ventures Sustainable Flight FundSM, a first-of-its kind effort to reduce emissions and drive production of sustainable aviation fuel (SAF) through investments in startups.

Key Points: 
  • Since its inception in February 2023, the Fund remains aviation's first and only venture fund backed by a broad limited partner base and created to identify and support startups advancing feedstock and technology development focused on increasing the supply of SAF.
  • The airline has included a way for everyday consumers to participate as well.
  • Anyone using United.com or the United app has an option to contribute to supplement United's investment in the UAV Sustainable Flight FundSM before check-out.
  • In less than 12 months, more than 115,000 people have contributed nearly $500,000 since February 2023.

Asia-Pacific Sustainable Aviation Fuel (SAF) Industry Report 2024: Market to Reach $39.23 Billion by 2033, Growing at a CAGR of 58.99% Fueled by Volatile Jet Fuel Prices and Conversion Technologies

Retrieved on: 
Wednesday, February 14, 2024

DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Asia-Pacific Sustainable Aviation Fuel Market: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Asia-Pacific Sustainable Aviation Fuel Market: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • The Asia-Pacific (APAC) region is witnessing a significant surge in the adoption and interest in Sustainable Aviation Fuel (SAF).
  • The favored strategy for the companies has been merger and acquisition to strengthen their position in the sustainable aviation fuel market.
  • Key players in the APAC sustainable aviation fuel market analyzed and profiled in the study involve major sustainable aviation fuel offering companies providing sustainable aviation fuel and different manufacturing technology.

Healthgrades Recognizes 2024 Top Hospitals for Outpatient Orthopedic Surgery

Retrieved on: 
Tuesday, February 13, 2024

DENVER, Feb. 13, 2024 /PRNewswire/ -- Healthgrades, the #1 site Americans turn to when searching for a doctor or hospital, has released the 2024 Outpatient Awards and Ratings. Each year, more Americans are opting for outpatient elective procedures, with over 1 million Medicare patients undergoing outpatient orthopedic surgeries from 2020-2022. To address this shift and help patients find the best care for their unique health needs, Healthgrades has developed the industry's first outpatient quality ratings. This patent-pending methodology is based solely on what matters most to patients: clinical outcomes.

Key Points: 
  • DENVER, Feb. 13, 2024 /PRNewswire/ -- Healthgrades, the #1 site Americans turn to when searching for a doctor or hospital, has released the 2024 Outpatient Awards and Ratings.
  • Expanded for 2024, the Healthgrades' analysis evaluated patient complication rates for outpatient orthopedic surgeries in four key areas: total knee replacement, total hip replacement, rotator cuff surgery, and back & neck surgeries.
  • **
    Patients treated at hospitals that received a 2024 Outpatient Orthopedic Surgery Specialty Excellence Award™ have, on average, approximately 40% lower risk of experiencing a complication than if they were treated at non-recipient hospitals.
  • *To learn more about how Healthgrades assesses outpatient care, see the 2024 Outpatient Specialty Excellence Awards & Ratings Methodology .

GEODIS has made decarbonization a driving force for its transformation and is committed to a pathway for reducing its emissions aligned with the Paris Agreement

Retrieved on: 
Thursday, February 8, 2024

LEVALLOIS-PERRET, France, Feb. 8, 2024 /PRNewswire/ -- Confronted with the climate emergency, GEODIS is committed to a process of reducing its carbon emissions through the application of a science-based approach (the Science Based Targets initiative, or SBTi), in compliance with the goal of the Paris Agreement to limit global warming to 1.5° C. This commitment concerns both direct and indirect emissions.

Key Points: 
  • Marie-Christine Lombard, Chief Executive Officer of GEODIS, said: "For many years, GEODIS has been working seriously alongside its customers and partners on measuring and reducing its impact on the climate.
  • Our new goals will further speed up the process, and they establish GEODIS as one of the most committed companies.
  • Meanwhile, the Group's senior executives already have a climate criterion incorporated into the variable portion of their remuneration.
  • In addition, environment-related criteria are taken into account in decision-making processes associated with acquisitions and investments.

Strategic Biofuels and Sumitomo Corporation of Americas Announce Major Investment Commitment

Retrieved on: 
Wednesday, February 7, 2024

COLUMBIA, La. and NEW YORK, Feb. 7, 2024 /PRNewswire/ -- Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation, a leading Fortune 500 global trading and business investment company dedicated to sustainability, announced today that they have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project at the Port of Columbia in Caldwell Parish, Louisiana. 

Key Points: 
  • In a decisive strategic shift related to the investment, Strategic Biofuels also unveiled plans to change its primary renewable fuel product to sustainable aviation fuel (SAF).
  • When the LGF project was first announced, Strategic Biofuels garnered recognition for the extraordinarily low carbon footprint of the planned renewable diesel fuel product.
  • "Our partnership with Strategic Biofuels is just another example of our commitment to support the energy transition within the Americas," said Sandro Hasegawa, General Manager, Energy Innovation Initiative Americas at SCOA.
  • This investment commitment from SCOA continues the path from 2023, which was a year of rapid project advancement for LGF.

EQS-News: SAF-HOLLAND acquires special axle systems and suspensions manufacturer Tecma Srl

Retrieved on: 
Wednesday, February 7, 2024

The SAF-HOLLAND SE ("SAF-HOLLAND"), one of the world's leading suppliers of trailer and truck components, today announced to acquire Tecma Srl, Verona, Italy, a manufacturer of special axle systems and suspensions.

Key Points: 
  • The SAF-HOLLAND SE ("SAF-HOLLAND"), one of the world's leading suppliers of trailer and truck components, today announced to acquire Tecma Srl, Verona, Italy, a manufacturer of special axle systems and suspensions.
  • Tecma Srl is specialised in the development and production of customer-specific axle systems and suspensions for special vehicles and heavy-duty applications, which are developed in close cooperation with vehicle manufacturers according to customer requirements.
  • "With the acquisition of Tecma Srl we are strengthening our product portfolio in the field of applications for special vehicles.
  • We will also be able to offer our customers special axle systems that were previously not part of our product portfolio.

Fueling the Future: Biofuels Global Market Soars to $125.9 Billion in 2023, Eyes $143.8 Billion by 2028: BCC Research Analyst

Retrieved on: 
Tuesday, February 6, 2024

BOSTON, Feb. 6, 2024 /PRNewswire/ -- Discover the amazing world of Biofuels: Global Markets – where nature and technology team up for a cleaner planet! Dive into the story of renewable energy that's changing the game globally. Learn how biofuels are making our world greener and energy smarter. It's not just about fuel; it's about a brighter, cleaner future for us all. This is the story of how biofuels are changing the way we power our world, making it greener and more sustainable. Get ready to explore the exciting global market of biofuels and the positive impact it's having on our planet.

Key Points: 
  • This is the story of how biofuels are changing the way we power our world, making it greener and more sustainable.
  • Get ready to explore the exciting global market of biofuels and the positive impact it's having on our planet.
  • The final sections showcase a competitive landscape of the global biofuel market and explore emerging technologies in the sector.
  • These measures contribute to the growth of the biofuels market, fostering a cleaner and more environmentally friendly energy sector.