Biodiesel Business

June 25, 2020

Circular-economy partnership formed in the Netherlands

BY Ron KotrbaUsed cooking oil (UCO) from McDonald’s Netherlands will be turned into renewable diesel by Neste, and then the fuel will be used to power HAVI trucks that both collect UCO from and deliver goods to McDonald’s restaurants in the Netherlands. READ MORE

June 23, 2020

Model errors, RM losses cause REG to revise Q2 adjusted EBITDA

BY Renewable Energy Group Inc. For several reasons including model errors, risk management losses and volatile markets, Renewable Energy Group is revising its estimated Q2 adjusted EBITDA from between $20 million and $35 million down to negative $12 million to negative $2 million. READ MORE

June 18, 2020

Louis Dreyfus Company launches corporate venture capital program

BY Louis Dreyfus Company B.V. Louis Dreyfus Company B.V. has launched a corporate venture capital program called LDC Innovations as an essential element in the company’s strategic plans to reinforce its position as a key value chain participant. Max Clegg will lead the program. READ MORE

June 18, 2020

Neste increases R&D in Finland to decrease use of crude oil

BY Neste Corp. Neste launched a new research project to develop sustainable and globally scalable raw materials such as forestry or ag residues, MSW, algae and more, and technology solutions for transportation fuels and the production of chemicals and polymers. READ MORE

June 15, 2020

REG releases its 1st environmental, social and governance report

BY Ron KotrbaRenewable Energy Group, North America’s largest biodiesel producer whose active annual U.S. production capacity approaches half a billion gallons from nine biodiesel facilities and one renewable diesel plant, has released its first-ever ESG report. READ MORE

June 12, 2020

Bakersfield retrofit to use Haldor Topsoe’s HydroFlex technology

BY Ron KotrbaGlobal Clean Energy Holdings’ Bakersfield Renewable Fuels project will produce approximately 230 MMgy of renewable diesel from GCEH’s proprietary camelina oil and other renewable feedstocks using Haldor Topsoe’s HydroFlex process technology. READ MORE

June 04, 2020

Oil refinery retrofit secures $365 million in capital partnership

BY Ron KotrbaOrion Energy Partners, GCM Grosvenor and Voya Investment Management have formed a capital partnership worth $365 million with Bakersfield Renewable Fuels, which plans to retrofit an existing Southern California oil refinery to make renewable diesel. READ MORE

June 03, 2020

HollyFrontier to convert Cheyenne refinery to renewable diesel

BY HollyFrontier Corp. HollyFrontier Corp. announced June 1 that its board of directors has approved a plan to convert the Cheyenne refinery to renewable diesel production and to construct a pretreatment unit (PTU) located at the Artesia refinery. READ MORE

June 03, 2020

LanzaTech forms LanzaJet with investments from Suncor, Mitsui

BY LanzaTech LanzaTech has launched LanzaJet, a new company to produce sustainable aviation fuel. Suncor Energy of Canada and Mitsui & Co. of Japan are investing a total of $25 million to establish the new venture. Jimmy Samartzis has joined as CEO of LanzaJet. READ MORE

May 26, 2020

WDB ‘running like gangbusters,’ implements distancing measures

BY Ron Kotrba“We had to make changes to how we load trucks, and how we deal with drivers and even our own employees,” said Tom Brooks, general manager of Western Dubuque Biodiesel in Farley, Iowa. “A lot of changes have been made because of the coronavirus.” READ MORE

May 20, 2020

Modernizing US truck fleet should be key component of recovery

BY The Diesel Technology Forum As policymakers debate future economic stimulus packages as part of a COVID-19 recovery plan, suspending the federal excise tax through 2021 for new heavy-duty truck purchases will deliver immediate results to the U.S. economy and environment. READ MORE

May 20, 2020

ACE 2020 conference, ‘Rising Up,’ moving to Aug. 25 with FEW

BY The American Coalition for Ethanol The American Coalition for Ethanol announced that its 33rd annual conference will be held Aug. 25 in conjunction with the rescheduled International Fuel Ethanol Workshop & Expo hosted by BBI International in Omaha, Nebraska. READ MORE

May 19, 2020

51 additional stations in Finland carrying Neste renewable diesel

BY Ron KotrbaNeste is making its trademarked renewable diesel available to dozens of new fueling stations in Finland this spring. With 51 additional locations carrying the renewable fuel, approximately 120 stations across Finland will now carry the product. READ MORE

May 15, 2020

W2Fuel targets June startup for Michigan, Iowa biodiesel plants

BY Ron Kotrba“It’s frustrating, but we’re doing the best we can,” W2Fuel President and CEO Roy Strom told Biodiesel Magazine, referring to the coronavirus pandemic and how the crisis is affecting the restart of his two biodiesel plants in Michigan and Iowa. READ MORE

May 14, 2020

Agenda for Biodiesel Production Technology Summit released

BY BBI International BBI International and Biodiesel Magazine are pleased to announce that the agenda for the Biodiesel Production Technology Summit, set to take place Aug. 24-26, 2020, in Omaha, Nebraska, has been released and is now available online. READ MORE

May 14, 2020

SCS Global Services approved as verification body for Calif. LCFS

BY SCS Global Services SCS Global Services has been approved by the California Air Resources Board as a verification body for the Low Carbon Fuel Standard. The company has received approval from CARB to conduct audits remotely due to the COVID-19 pandemic. READ MORE

May 13, 2020

California refinery to be converted to produce renewable diesel

BY Global Clean Energy Holdings Inc. Global Clean Energy Holdings has purchased an oil refinery in Bakersfield, California, for $40 million. The company plans to retool the refinery to produce renewable diesel. Startup of the retrofitted plant is expected to occur in late 2021. READ MORE

May 12, 2020

CVR Energy explores making renewable diesel to offset RIN costs

BY Erin VoegeleTexas-based oil refiner CVR Energy announced this month it is considering converting some of its refining units to renewable diesel production as a way to offset costs associated with Renewable Fuel Standard compliance. READ MORE

May 07, 2020

Neste further expands feed supply chain via terminal acquisition

BY Ron KotrbaRenewable diesel producer Neste Corp. furthered expansion of its raw material supply chain through acquisition of the Dutch Count Companies BV’s Count Terminal Rotterdam BV and its supporting entities, part of the First Dutch Group of Peter Goedvolk. READ MORE

May 07, 2020

Verbio reports earnings up 15% over same period last year

BY Verbio AG Verbio reported an earnings improvement in its latest financial report. The primary drivers of the revenue and results trends in biodiesel in the reporting period were the increases in production and sales volumes thanks to an increase in capacity. READ MORE

May 04, 2020

Neste closes acquisition of US-based Mahoney Environmental

BY Neste Corp. Neste has closed on its acquisition of the U.S.-based grease collection and recycling company Mahoney Environmental, following approval by regulatory authorities. Neste first announced its intention to acquire Mahoney Environmental in March. READ MORE

May 01, 2020

US biodiesel production reaches 132 million gallons in February

BY Erin VoegeleU.S. biodiesel production reached 132 million gallons in February, down 2 million gallons when compared to January, but up 1 million gallons when compared to February 2019, according to data released April 30 by the EIA. READ MORE

May 01, 2020

Biofuels groups send letter to EPA opposing API’s RFS petition

BY Erin VoegeleRFA, ACE, NCGA and NFU sent a letter May 1 to U.S. EPA Administrator Andrew Wheeler opposing the American Petroleum Institute’s April 6 petition that requests the agency reconsider the 2020 Renewable Fuel Standard final rule. READ MORE

April 30, 2020

REG discusses Q1 impacts of COVID-19 pandemic

BY Erin VoegeleRenewable Energy Group Inc. released first quarter 2020 results April 30. While COVID-19 has had little impact on U.S. diesel demand, the company reported that the pandemic has significantly impacted feedstock markets. READ MORE

April 30, 2020

ADM discusses impacts of COVID-19 on ethanol, biodiesel

BY Erin VoegeleADM held an earnings call to discuss Q1 results on April 30 and announced a partnership with Sazerac to increase hand sanitizer production. During the call, the company discussed the impact of COVID-19 on its operations, including biofuel production. READ MORE

April 29, 2020

Valero: Q1 loss for ethanol segment, profit for renewable diesel

BY Erin VoegeleValero released first quarter 2020 financial results April 29. While the company’s operations are being impacted by the COVID-19 pandemic, members of the executive team confirmed that demand for transportation fuels is beginning to rebound. READ MORE

April 29, 2020

Americans for Prosperity urges Trump to waive 2020 RFS RVOs

BY Erin VoegeleA coalition of 24 organizations, including Americans for Prosperity, sent a letter to President Trump April 28 urging him to waive Renewable Fuel Standard blending requirements for the remainder of the year. READ MORE

April 28, 2020

Bill authorizes $600 million to support biofuel infrastructure

BY Erin VoegeleRep. Abby Finkenauer, D-Iowa, announced April 28 the introduction of the Clean Fuels Deployment Act of 2020. The bill aims to provide funding for installing and converting fuel pump infrastructure to deliver higher blends of ethanol and biodiesel. READ MORE

April 28, 2020

Neste reports record renewable diesel production in Q1

BY Erin VoegeleNeste Corp. released first quarter financial results on April 24. The company reported a solid start to the year considering the negative impacts caused by the COVID-19 pandemic, and said renewable diesel production was at a record high. READ MORE

April 27, 2020

Canada’s Clean Fuel Standard regulations delayed by COVID-19

BY Erin VoegeleThe Canadian government announced April 24 it will delay publication of proposed regulations for the liquid fuel class of its Clean Fuel Standard until fall 2020 due to extraordinary circumstances caused by the COVID-19 pandemic. READ MORE