December 19, 2014
Finland's Neste Oil and Iowa-based Renewable Energy Group both announced Dec. 19 that the companies have settled their patent infringement lawsuits against each other regarding renewable diesel processes and have entered into a new license agreement.
December 17, 2014
The reinstatement of the biodiesel tax credit for 2014 is a welcomed gift but one that leaves much to be desired
December 17, 2014
The U.S. Senate passed the tax extenders package that the House passed earlier this month, which includes the $1 per gallon biodiesel tax credit. The BTC will be stated retroactively back to Jan. 1, and is good only through Dec. 31 of this year.
December 16, 2014
On Dec. 15, Renewable Energy Group Inc. celebrated the completion of upgrades to its 30 MMgy nameplate biodiesel plant in Newton, Iowa, which allows the plant to produce an even higher purity biodiesel from a wider variety of raw materials.
December 15, 2014
The updated ASTM D396 Standard Specification for Fuel Oils with the new grade for blends of 6 to 20 percent biodiesel will be finalized and published by ASTM for public use after the usual ASTM review and editing process. It's expected by February.
December 12, 2014
The facility features Desmet Ballestra production technology, 8.5 million liters of on-site storage capacity and a rail/truck terminal to service 12 to 14 railcars per day. KPMG is the receiver. Bids must be received by 10:00 a.m. Jan. 7.
December 09, 2014
Renewable Energy Group Inc. and IC Green Energy Ltd. announced Dec. 9 that REG, through a wholly owned subsidiary, will acquire ICG's majority equity ownership position in German biodiesel producer Petrotec AG. Closing is expected by year's end.
December 04, 2014
In a vote of 378 to 46, the U.S. House of Representatives voted to pass a short-term tax extenders package (HR 5771) Dec. 3 that would reinstate the biodiesel tax incentive retroactive to its expiration on Jan. 1, 2014, through the end of this year.
December 03, 2014
Plymouth, Utah-based Washakie Renewable Energy is doubling its biodiesel production capacity from 20 MMgy to 40 MMgy. Production at the plant is currently down while additional reactors, settling capacity and a water-wash column are being installed.