JINJU, Dec. 20 (Korea Bizwire) — A South Korean research team announced on Monday that it had developed new technology to produce low-cost biodiesel from wastewater using euglena, a type of algae. The new process, developed by a research team from Gyeongsang National University, injects euglena into wastewater to cultivate it at high density. If [...]
SEOUL, Aug. 1 (Korea Bizwire) – Lotte Confectionary said Monday it has inked a strategic partnership with Hyundai Oilbank, a major South Korean refiner, to make forays into the biodiesel fuel business. Biodiesel is an alternative fuel similar to fossil diesel, the most used type of diesel fuel. The substance can be produced from vegetable [...]
SEOUL, May 4 (Korea Bizwire) — Major Korean refiner GS Caltex Corp. has joined hands with POSCO International Corp., the trading arm of steel giant POSCO, to strengthen its eco-friendly bio business. The two parties recently signed a memorandum of understanding to create a value chain from raw material refining to biochemical product production by [...]
SEOUL, June 25 (Korea Bizwire) — A group of South Korean researchers on Friday announced a method to produce environment-friendly fuels utilizing remains of high-fat infects, which is expected to lend support to the country’s efforts to go carbon neutral by 2050. “Black soldier flies have great potential to be used to produce biodiesel, considering [...]
SEOUL, Feb. 2 (Korea Bizwire) — Starting from the latter half of this year, the mandatory blend ratio of biodiesel in diesel fuel will be increased from the current 3 percent to 3.5 percent. On Monday, the Ministry of Trade, Industry and Energy announced advance legislation notice for the revised enforcement ordinance of the Act [...]
SEOUL, Oct. 14 (Korea Bizwire) — A newly developed technology is capable of producing biodiesel, an eco-friendly fuel for automobiles, using paper waste generated by parcel deliveries. Researchers from the Korea Institute of Science and Technology (KIST) announced Tuesday that they had developed a microorganism that can produce base materials for biodiesel from lignocellulosic biomass [...]