Todays Latest Updates: 27 July 2026

Biobased chemicals: Europe. A new study developed by BIC provides an evidence base on Europe’s bio-based products lead markets. The study concludes that there is no shortage of technology or ambition, but the absence of a regulatory framework that would stimulate demand. Covering chemicals, plastics and polymers, fibre-based packaging, and textiles, the study shows that Europe has a genuine opportunity to lead globally in bio-based products but only if their full value, including their environmental benefits, is properly rewarded in the market. Bio-based products, like other renewables, often come with a green premium compared to their fossil-based counterparts. Without binding policy measures and incentives to drive demand, Europe will miss an opportunity to remain a global leader in the bioeconomy. Lead market measures are needed to attract private investments and scale-up bio-based solutions in Europe. Link 27/07/2026.

Biogas: Ireland. Flogas announced a new renewable gas deal with College Group, one of Ireland’s leading bio-waste management entities, forming part of Flogas’ Gas Purchase Agreement (GPA) strategy to support the growth of indigenous biomethane production and accelerate transport sector decarbonization across the island of Ireland. Under this agreement, Flogas will offtake 26 GWh of renewable biomethane annually, supporting increased availability of indigenous energy while contributing to Ireland’s net zero ambitions and reducing reliance on imported fossil fuels. By securing a dedicated supply of Irish‑produced biomethane, this agreement ensures Flogas can provide transport customers with a reliable, home‑grown renewable fuel. It supports our long‑term strategy to shield Irish hauliers from fossil‑fuel price volatility. Link 27/07/2026.

Biogas: Italy. Zenith Energy Ltd entered into a binding letter of intent and exclusivity for the acquisition of 100% of the issued share capital of an Italian biogas development company (the target), which owns the rights to develop a fully permitted and engineered biogas production facility in Italy, subject to completion of the proposed acquisition. A long-term feedstock supply contract with a major Italian regional authority, comprising approximately 50% municipal waste and 50% agro-industrial waste, significantly mitigates what is widely regarded as the principal operational risk associated with biogas projects. This provides the project with a stable and secure long-term feedstock supply, supporting predictable operations, and facilitating access to project financing. Link 27/07/2026.

Biojet/SAF: Australia. XCF Global, Inc. entered into a Joint Commercialization and Development Agreement, dated June 30, 2026, with Continual Renewable Ventures Pty Ltd (“CRV”) and New Rise Australia Pty Ltd, the project entity for the proposed New Rise ANZ renewable fuels platform. The agreement builds on prior planning and technical alignment between the parties and is intended to move New Rise ANZ from early-stage development toward a more structured commercialization framework. The framework contemplates the potential co-development, financing, construction and operation of a Hydroprocessed Esters and Fatty Acids-based renewable fuels refinery in Australia. The proposed facility is expected to have production capacity of approximately 175 million liters per year of SAF and renewable diesel. The platform also incorporates CRV’s proprietary Modular Blending Unit (MBU) technology, which has been developed to reduce capital expenditure associated with conventional fuel storage and blending infrastructure. Link 27/07/2026.