bioenergy – PressAP

Apeiron Bioenergy secures equity investment from Proterra Investment Partners Asia to solidify upstream capabilities

October 6, 2022

Singapore, Oct 6, 2022 - (ACN Newswire via SEAPRWire.com) - Apeiron Bioenergy has entered into an equity investment agreement with Proterra Investment Partners Asia. The proceeds will be used to increase the number of collection points and upgrade existing processing plants to produce feedstocks of higher specifications. "Considering the extremely tough macro environment now, it is a testament for Apeiron Bioenergy to weather such conditions and successfully fundraise," said Chris Chen, Co-founder at Apeiron Bioenergy. "Investors believe in our business fundamentals and our vision for decarbonization. We look forward to increasing collection of used cooking oil to make an even stronger environmental and social impact."Apeiron Bioenergy has recently closed a separate equity financing round from Mitsui Chemicals. Both investments are set to position Apeiron Bioenergy for exponential growth amidst growing demand for renewable feedstock for advanced biofuels. Exponential Growth AheadThe global biofuel industry is projected to significantly increase by 2025 -- compared to 2020, it is expected to triple in Asia, grow six-fold in the U.S. and three-fold in Europe, according to a January 2021 assessment by Greenea (https://bit.ly/3SHtYYM), a broker and consultant specializing in waste-based feedstock and biodiesel. A leading integrated player and solutions provider in the bioenergy space, Apeiron Bioenergy, collects and processes a range of renewable feedstocks including used cooking oil (UCO), palm oil mill effluent (POME) and acts as a critical exporter across an ever-expanding Asian market. Over the past 15 years, Apeiron Bioenergy has built its presence in over 10 countries and collected more than 500 million litres of UCO between 2017-2021, offsetting an estimated 1.5 million tonnes of carbon emissions. "Together with Apeiron, we can help organize and upcycle food waste streams across Asia and in the process support advanced biofuel development globally," said Tai Lin, Managing Partner of Proterra Investment Partners Asia. "This investment will open up collaboration opportunities for our food and farming portfolio and create some of the positive impacts that everyone is talking about."In addition, further avenues for strategic collaboration will be made possible with Proterra Investment Partners Asia, whose food and agricultural investment management expertise and upstream connections will fast-track growth.Industry SupportApeiron Bioenergy has had a busy year. In May, the company received a green loan from HSBC as part of the Enterprise Financing Scheme - Green under Enterprise Singapore. This is the bank's first EFS green loan processed under a Streamlined Certification Process to provide enterprises with simpler access to sustainable financing. "We are grateful for the industry support which will allow us to build a collaborative community to resolve supply chain inefficiencies with Apeiron Bioenergy's multicultural and muti-jurisdictional strategy," said Richard Huang, Co-founder at Apeiron Bioenergy. "At Apeiron Bioenergy, our vision is to reduce carbon emissions across the land, sea and air transportation spaces with an efficient supply of biofuels."For all media queries, please contact:Chi-an ChangFinancial PRT: 6438-2990E: chi-an@financialpr.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

Apeiron Bioenergy closes equity investment from Mitsui Chemicals, poised to capture exponential growth in bioenergy market with Pan-Asian presence

August 31, 2022

SINGAPORE, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - Apeiron Bioenergy has successfully closed an equity financing round from Mitsui Chemicals. The funds will support Apeiron to increase its collection capacity for waste-based feedstocks across Asian markets and position the company for exponential growth amidst growing demand for renewable feedstock for advanced biofuels such as sustainable aviation fuel (SAF). From left: Chris Chen, Managing Director, Apeiron Bioenergy; Tadashi Yoshino, Representative Director, Mitsui ChemicalsAccording to the International Energy Agency , global demand for renewable diesel is set to more than double, or by 11 billion litres, over the next five years. The demand mainly stems from government regulations in the US and the EU as established in the decarbonisation targets by COP26. However, the planned capacity is set to outpace domestic feedstock supply significantly, and production must keep up with the climate emergency - where will the additional feedstock come from?A leading integrated player and solutions provider in the bioenergy space, Apeiron Bioenergy, collects and processes a range of renewable feedstocks including used cooking oil (UCO) and palm oil mill effluent (POME) acts as a critical exporter across an ever-expanding Asian market. Over the past 15 years, Apeiron Bioenergy has built its presence in over 10 countries and collected more than 500 million litres of UCO between 2017-2021, offsetting an estimated 1.5 million tonnes of carbon emissions. "Zero Carbon emissions is one of our strategic targets by 2050. As one of Japan's leading chemical companies, our investment in Apeiron is our way of contributing to solving the world's future environmental issues," said Tadashi Yoshino, Representative Director, Managing Executive Officer, Mitsui Chemicals. "Apeiron Bioenergy has a proven track record of aggregating renewable feedstock and streamlining the supply chain across Asia. We are delighted to invest in the company as it aligns with our sustainability goals."Apeiron Bioenergy's access to diversified sources and networks of feedstock and relationships with downstream customers means it is in an excellent position to access and supply downstream by-products for Mitsui Chemicals to help achieve its net zero targets.With Mitsui Chemicals serving as a strategic investor, Apeiron Bioenergy will be well-positioned to meet the substantial rise in demand for biofuels by ramping up its capacity of collection points and processing facilities through both organic and inorganic growth. The company is actively seeking to acquire or collaborate with local collectors of sustainable feedstocks in the Asian markets."Tackling supply chain issues in Bioenergy across Asia requires a community-focused, collaborative approach - our seasoned management team has proven that we can resolve supply chain inefficiencies with our multicultural and multi-jurisdictional strategy," said Chris Chen, Managing Director of Apeiron Bioenergy. "We will be ramping up our collection capability, collaborating closely with our downstream partners to resolve the wider sustainability problem of reducing carbon emissions across the land, sea and air transportation spaces."For all media queries, please contact:Chi-an ChangFinancial PRT: +65-6438-2990E: chi-an@financialpr.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)