Hygenco has signed a MoU to establish a green hydrogen and ammonia project at Tata Steel Special Economic Zone’s (TSSEZL) Gopalpur Industrial Park in Odisha. Hygenco aims to produce 1 million tonnes per annum (MTPA) of green ammonia from this plant in different phases. It is targeting... More

German renewables developer PNE has unveiled plans to build a 1GW green hydrogen project in the province of Albacete, central Spain.The company's Spanish subsidiary Kolya-PNE estimates that the project will cost about €3 billion (about $3.2 billion). The unnamed project has already secured... More

Louis Dreyfus Company has surpassed rival Olam Agri Holdings' most recent bid for Australia's Namoi Cotton.LDC, which already owns 17% of Namoi, offered to buy the remaining shares for A$0.67 each, 31% higher than its initial offer in January. That’s 1 cent above Olam Agri’s bid... More

The EC has approved a €25 million ($27 million) Croatian scheme to support the expansion of the LNG terminal on the country's northern Adriatic island of Krk.The measure, endorsed under EU state aid rules, will be partly funded through the Recovery and Resilience Facility.The funding will... More

ED&F Man, a UK commodities trader that traces its history back more than 240 years, is in talks to be taken over by US energy firm Hartree Partners, sources said.A potential deal would come after Hartree bought a significant amount of ED&F Man’s more than $1 billion in debt, said the... More

Citi has appointed Damien Tan as Head of Corporate Bank for Singapore.He reports to K. Balasubramanian, Head of Corporate Bank for Asia South and Tibor Pandi, Citi Country Officer and Head of Banking for Singapore, and will serve as a member of the Singapore Management Committee.Tan began his career... More

NEXI, Itochu and CSN Mineracao have signed a MoU with the purpose of ensuring stable production and supply of high-grade iron ore from CSN Mineracao's pellet feed production plant to Japanese companies.NEXI had previously approved aoan insurance for this project in March 2023. Additionally, the... More

The Footprint Firm has launched its inaugural venture fund, totalling DKK375 million ($54.1 million). Backed by established investors including EIFO, North-East Family Office, Realdania, and Chr. Augustinus Fabrikker, The Footprint Fund I aims to accelerate the green transition by making early-stage... More

EIFO has signed a loan agreement with Nibulon, an agricultural company based in Ukraine, for DKK100 million ($14.4 million). This initial draw is part of a total loan of DKK200 million ($28.8 million) allocated to Nibulon. Originally intended for Nibulon's silo and grain mill project in Ismail,... More