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EIA: Total US biofuels capacity expands to 23.77 billion gallons per year in November

SOURCE: U.S. Energy Information Administration

February 2, 2024

BY Erin Voegele

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Vertex: Renewable diesel unit operates at about 50% capacity in Q1

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By Erin Voegele

April 22, 2024

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Vertex Energy Inc. on April 18 announced the renewable diesel production unit at its refinery in Mobile, Alabama, operated at approximately 50% of nameplate capacity during the first quarter of 2024, in line with the company’s previous forecasts.

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Calumet Specialty Products Partners L.P. on April 16 released a Q1 operational update, reporting that its Montana Renewables biorefinery operated well throughout the three-month period, with production volumes sequentially improved each month.

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A biorefinery in Sweden developed as a joint venture between Nordic energy group St1 and Swedish forest products company SCA on April 10 commenced commercial operations to produce SAF, renewable diesel, and biobased naphtha and LPG.

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The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 11. The forecasted price for soybean oil was also unchanged.

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The U.S. Department of Energy will award up $18.8 million to address research and development (R&D) challenges in converting algae, such as seaweeds and other wet waste feedstocks, to biofuels and bioproducts.

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