14. January 2022 Meghan Sapp

WasteFuel launches WasteFuel Marine

In California, WasteFuel launched WasteFuel Marine, a renewable fuel solution for the shipping sector. WasteFuel Marine’s initial product will be bio-methanol for container ships.

WasteFuel aims for its marine fuels to reduce CO2 emissions by 95% and Nitrogen Oxide emissions by up to 80% compared to conventional fuels.

WasteFuel has recently closed an oversubscribed fundraising round. Investors in the company include Maersk, Marc Benioff’s TIME Ventures, i(x) investments, NetJets, Prime Infra, Guy Oseary, and Aileen Getty.

WasteFuel’s solutions go beyond green methanol and marine transport. The company has several biorefinery projects underway to produce low-carbon fuels to revolutionize mobility across the transportation sector. A meaningful part of mobility by air, land, and sea can be powered by our waste.