Todays Latest Updates: - 14 November 2025

Biobased chemicals: China. Moeve Chemicals moved into the Chinese market by signing a supply agreement for its innovative NextPhenol BC. This phenol is produced sustainably, using raw materials sourced from biomass waste including used cooking oils. Moeve supplies this chemical to various industries, including automotive, textiles, electronics, and household goods. Phenol is a key ingredient in everyday items like medicines, electronics, and even some food preservatives. Now, with this new initiative, Moeve aims to introduce its sustainable phenol to China, the world’s largest consumer market for chemicals. Link 14/11/2025.

Feedstock: Belgium. Global biofuels production emits 16% on average more CO2 than the fossil fuels it replaces, a new Cerulogy report on behalf of T&E shows. With demand set to rise by at least 40% by 2030. These higher emissions are largely driven by the indirect impacts of farming and deforestation linked to crop-based biofuels. By 2030, biofuels are projected to emit 70 MtCO₂e more than the fossil fuels they replace, equivalent to the annual emissions of almost 30 million diesel cars. Link 14/11/2025.