Todays Latest Updates: 18 June 2026

Ammonia production: Paraguay. Atome’s $665m Villeta green hydrogen fertiliser project faces uncertainty over access to project financing after Paraguay unexpectedly revoked a presidential decree underpinning the electricity pricing required for lender drawdown. It comes less than two months after the company took final investment decision (FID) on its Villeta project, which is set to supply 260,000 tonnes of green fertilisers to Yara under a 10-year deal. The project centres on a revised power purchase agreement (PPA) with state utility Ande. That agreement, already negotiated in form, was intended to lock in fixed electricity pricing for the duration of project financing and replace an existing variable rate arrangement. Link 18/06/2026.

Biofuels: USA. SunGas Renewables Inc. will cease further development of the Beaver Lake Biofuels project, a proposed wood fiber-to-low carbon methanol facility in Central Louisiana near Alexandria. Beaver Lake’s design contemplated the integration of three SunGas S1000 syngas production systems together with downstream technologies to produce approximately 553,000 metric tons per year of low carbon methanol and geological storage of approximately 1.1 million metric tons per year of biogenic CO2. The decision reflects a combination of factors that affected Beaver Lake’s ability to advance on the timetable required, including slower-than-expected market adoption of low-carbon marine fuels (specifically low carbon methanol), uncertainty regarding the carbon capture and storage pathway for the project and clarity on the available regulatory support and financing conditions needed to support a project of this scale. Link 18/06/2026.

Biojet/SAF: Hong Kong. EcoCeres, a global leader in the innovation and commercialization of renewable fuels and green molecules, announced the extension of its sustainable aviation fuel supply agreement with British Airways until the end of 2030, Under the extended agreement, EcoCeres’ SAF is expected to help British Airways avoid approximately 198,000 tonnes  of lifecycle carbon emissions. Produced from 100% waste-based feedstocks such as used cooking oil (UCO), EcoCeres’ SAF can achieve lifecycle greenhouse gas emissions reductions of up to 94.4% compared with fossil jet fuel. Link 18/06/2026.

CO2 Removal: Finland. Valmet and Linde,  announced a collaboration to integrate, optimize and offer electrically driven carbon capture solutions for the pulp and paper industry. The collaboration combines Linde’s HISORP® CC CO₂ capture technology with Valmet’s strong integration capabilities and deep process expertise in pulp and paper production. Link 18/06/2026.