Biodiesel Business

April 20, 2020

Governors urge USDA to help biofuel producers survive COVID-19

BY Erin VoegeleThe governors of Iowa, Minnesota, Nebraska and South Dakota sent a letter to Ag Secretary Sonny Perdue urging USDA to allocate funding to the biofuel sector to help address the economic harm and job losses that it is suffering due to COVID-19. READ MORE

April 15, 2020

Hero BX eyes expanding biodiesel footprint when pandemic subsides

BY Ron KotrbaBiodiesel Magazine spoke with Hero BX President Chris Peterson on how the company and its employees are faring through the coronavirus crisis. While belts remain tight for now, Hero BX plans to grow its biodiesel presence once the pandemic subsides. READ MORE

April 14, 2020

Opinion: A New Normal

BY Ron KotrbaBiodiesel Magazine’s editor in chief Ron Kotrba discusses in his editor’s note how life changed for us all in a matter of weeks due to the coronavirus pandemic as he worked to complete the contents of the Spring 2020 print issue. READ MORE

April 13, 2020

CoverCress gets $5M in new financing for low CI crop development

BY CoverCress Inc. CoverCress Inc. closed a $5 million follow-on equity investment round to continue its development of a new winter oilseed crop named CoverCress, based on native pennycress. The new investment was led by Fulcrum Global Capital and Hermann Companies. READ MORE

April 09, 2020

In Depth: Opportunity Knocking

BY Ron KotrbaBioEconomy Solutions plans to create 200 jobs in South Carolina through operation of a new crush facility while commercializing a little-known crop for the biomass-based diesel industry. READ MORE

April 08, 2020

Inside NBB: NBB Celebrates ASA’s 100th Anniversary

BY The National Biodiesel Board Without support from the American Soybean Association, the U.S. biodiesel industry would not have had the national policy success from which it has benefited immensely. Thus, the biodiesel industry is proud to celebrate ASA’s century of growth. READ MORE

April 03, 2020

World Energy doubles down on biodiesel amid coronavirus pandemic

BY Ron KotrbaIn late March, during the midst of the coronavirus pandemic, Biodiesel Magazine spoke with Gene Gebolys about how the crisis is impacting his business, the biodiesel market, renewable fuels in general, the broader energy complex, and climate change. READ MORE

April 02, 2020

In Depth: The Other Unseen Enemy

BY Ron Kotrba Targeted email fraud known as spear phishing is costing businesses, including those in the biodiesel sector, billions of dollars. Learn what to watch for, and how to avoid falling victim to these scams. READ MORE

April 01, 2020

Ace approved to generate D3 RINs from corn kernel fiber ethanol

BY BBI International To participate in the RFS program and generate RINs, renewable fuel producers must meet the registration requirements in Title 40 CFR Part 80. With the EPA approval, Ace Ethanol can now produce ethanol from corn kernel fiber and generate D3 RINs. READ MORE

March 27, 2020

ADM commits $1 million to aid in COVID-19 response

BY Archer Daniels Midland Co. Archer Daniels Midland Co. announced March 27 that it is has committed approximately $1 million to various organizations involved in the fight against COVID-19, including the COVID-19 Solidarity Response Fund, regional and local charities, and more. READ MORE

March 23, 2020

Alfa Laval to supply equipment for St1 renewable diesel plant

BY Ron KotrbaAlfa Laval has won a $5.8 million contract to supply various pieces of equipment for a process line to remove impurities in waste fats and oils at St1’s renewable diesel biorefinery in Gothenburg, Sweden. Equipment deliveries are scheduled for 2021. READ MORE

March 18, 2020

Dermen found guilty in $1 billion biodiesel tax fraud scheme

BY U.S. Department of Justice A federal jury in Salt Lake City, Utah, convicted California businessman Lev Aslan Dermen, also known as Levon Termendzhyan, of criminal charges March 16 relating to a $1 billion renewable fuel tax credit fraud scheme, the U.S. government announced. READ MORE

March 11, 2020

Neste to acquire US grease collection, recycling company

BY Neste Corp. Renewable diesel producer Neste has agreed to acquire 100 percent of Mahoney Environmental, a U.S. collector and recycler of used cooking oil, and its affiliated entities. The transaction is subject to regulatory approval and closing conditions. READ MORE

March 05, 2020

REG reports Q4, full-year financial results for 2019

BY Renewable Energy Group Inc. Renewable Energy Group announced its financial results for the fourth quarter and all of 2019. The company is getting roughly half a billion dollars in cash from its operations over the past two years thanks to retroactive reinstatement of the BTC. READ MORE

March 05, 2020

Gevo, Viva partner to develop renewable hydrocarbons in Australia

BY Gevo Inc. The agreement between Gevo and Viva Energy will solidify both parties’ intent to establish the technical and commercial feasibility of converting biomass into sustainable jet fuel and renewable gasoline from regionally sourced renewable resources. READ MORE

March 03, 2020

Colorado fraudster sentenced for biodiesel tax credit scheme

BY U.S. Department of Justice Colorado resident Matthew Taylor was sentenced to 83 months in prison Feb. 28 for his role in a biodiesel tax credit fraud scheme that bilked the U.S. government out of more than $7 million between 2010 and 2013. Taylor was indicted in June 2018. READ MORE

February 27, 2020

Diamond Green Diesel enters terminal lease agreement with IMTT

BY Darling Ingredients Inc. Norco, Louisiana-based renewable diesel producer Diamond Green Diesel has entered into a long-term lease agreement with International-Matex Tank Terminals, which will allow DGD access and use of IMTT’s St. Rose terminal as a logistics hub. READ MORE

February 25, 2020

EcoEngineers opens California office, hires Hartley from Agron

BY Ron KotrbaEcoEngineers has opened a new office in California to capitalize on the need for compliance, auditing and regulatory services in the western carbon markets, where growth in low-carbon fuels such as biodiesel, renewable diesel and biogas is booming. READ MORE

February 19, 2020

Sens. Ernst, Grassley urge IRS to pay BTC claims quickly

BY Ron KotrbaSens. Joni Ernst and Chuck Grassley of Iowa are urging the Internal Revenue Service to quickly process 2018-’19 biodiesel tax credit (BTC) claims after Congress reinstated the incentive retroactively from Jan. 1, 2018, through Dec. 31, 2022. READ MORE

February 18, 2020

IRS revises Form 8849 Schedule 3 for 2018-’19 BTC claims

BY Ron KotrbaOn Feb. 14 the IRS issued a revised Form 8849 Schedule 3 necessary to file claims for the $1 per gallon biodiesel and renewable diesel blenders tax credit for 2018 and 2019. The IRS issued guidance Jan. 15 on the special one-time claim procedure. READ MORE

February 17, 2020

Biodiesel Production Technology Summit abstract deadline extended

BY BBI International The deadline to submit speaker presentation abstracts for the Biodiesel Production Technology Summit in Minneapolis June 15-17 has been extended. Abstracts are now being accepted through Feb. 21. Submit your idea at biodieseltechnologysummit.com. READ MORE

February 13, 2020

Forge secures Shell investment for Ontario renewable diesel plant

BY Ron KotrbaForge Hydrocarbons secured an equity investment from Shell Ventures and a follow-on contribution from Valent Low-Carbon Technologies, which will help build a 28.4 MMly renewable diesel facility in Sombra, Ontario, Canada, at a cost of CAD$30 million. READ MORE

February 12, 2020

Saola Energy, NextChem partner for int’l renewable diesel venture

BY Ron KotrbaNextChem of Italy and Kansas-based Saola Energy have formed a partnership to license renewable diesel technology to the international market. NextChem will be the licensor of the combined technology and provide clients with EPC services and training. READ MORE

February 10, 2020

Delta agrees to purchase sustainable aviation fuel from NWABF

BY Delta Building on its $2 million investment for an ongoing feasibility study with Northwest Advanced Bio-Fuels, Delta has entered into one of the largest airline offtake agreements of its kind to purchase sustainable aviation fuel, if produced, from NWABF. READ MORE

February 04, 2020

Abstract deadline for new biodiesel technology event approaching

BY BBI International The Feb. 14 deadline for submitting presentation ideas to speak at the Biodiesel Production Technology Summit taking place in Minneapolis June 15-17, 2020, is approaching. Submit your abstract today at biodieseltechnologysummit.com. READ MORE

February 04, 2020

Industry veterans introduce BTC bridge loan funding for producers

BY Rock House Advisors and PB Renewables Joe Jobe of Rock House Advisors and Peter Behrle of PB Renewables are making bridge loan funding available for biodiesel producers expecting IRS refunds so they don’t have to wait months for their 2018 and 2019 biodiesel tax credit refunds. READ MORE

January 29, 2020

HollyFrontier picks HydroFlex tech for renewable diesel process

BY Ron KotrbaHollyFrontier announced it has chosen Haldor Topsoe’s HydroFlex process technology for production of renewable diesel at its Navajo refinery in Artesia, New Mexico. The 125 MMgy project is expected to cost $350 million and be operating in early 2022. READ MORE

January 24, 2020

2020 Eye on Biodiesel winners showcase an image of success

BY The National Biodiesel Board The National Biodiesel Board’s annual awards recognize individuals and organizations that have made significant contributions to biodiesel. The commercial biodiesel industry wouldn’t be where it is today without them. Here are the 2020 recipients. READ MORE

January 21, 2020

Phillips 66, REG cancel Washington renewable diesel project

BY Renewable Energy Group Inc. Phillips 66 and REG are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington, the companies announced Jan. 21. The project has been canceled due to permitting delays and uncertainties. READ MORE

January 15, 2020

President Trump signs Phase 1 trade agreement with China

BY Ron KotrbaPresident Trump signed the Phase One trade deal between the U.S. and China Jan. 15, a move expected to deescalate trade tensions between the two countries while reopening key markets for U.S. farmers. Chinese tariffs on U.S. soybeans remain in place. READ MORE