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Industry honors biodiesel champions, reflects on history

Photo: Ron Kotrba, Biodiesel Magazine

January 23, 2019

BY The National Biodiesel Board

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Treasury announces updated SAF tax credit guidance, release of 40SAF-GREET 2024 model

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By Erin Voegele

39 minutes ago

Sustainable Aviation FuelsPolicyBusiness

The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.

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Imperial Oil Ltd. on April 26 released first quarter financial results, confirming that construction on its renewable diesel project under development at its Strathcona refinery near Edmonton, Alberta, is progressing as scheduled.

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Neste Corp. released first quarter results on April 25, reporting that the company’s operations were negatively impacted by weaker renewable diesel margins during the three-month period. SAF sales volumes are expected to increase throughout 2024.

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On April 29, 40 companies and organizations that hold a stake in the development and deployment of sustainable aviation fuel united to announce the formation of the Sustainable Aviation Fuel (SAF) Coalition.

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Aemetis Inc. has announced it is implementing the Microsoft Dynamics enterprise resource planning (ERP) system worldwide for all Aemetis operations in the U.S. and India to support current operations and expansion projects.

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