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The Value in Diversification

Since starting out in Columbia, South Carolina, producing biodiesel as Midlands Biofuels, Green Energy Biofuel has expanded its grease collection services into South Carolina, Georgia, North Carolina and Tennessee. / PHOTO: GREEN ENERGY BIOFUEL

December 19, 2023

BY Keith Loria

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EPA: 2.06 billion RINs generated in April

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By Erin Voegele

May 16, 2024

OperationsBusinessPolicy

More than 2.06 billion RINs were generated under the Renewable Fuel Standard in April, up from 1.84 billion generated during the same month of last year, according to data released by the U.S. EPA on May 16.

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Calumet Specialty Products Partners L.P. on May 10 reported that operations at its Montana Renewables biorefinery improved sequentially through Q1 and was operating at planned production levels in April, producing both renewable diesel and SAF.

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Aemetis Inc. released Q1 results on May 9, reporting increased revenues. Company officials confirmed the company’s biodiesel, RNG and ethanol segments performed well during the quarter and provided an update of proposed SAF and CCS projects.

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The USDA currently predicts soybean oil use in biofuel production will increase by 1 billion pounds to 14 billion pounds for 2024-25, according to the agency’s latest World Agricultural Supply and Demand Estimates Report, released May 10.

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Tidewater Renewables Ltd. on May 9 reported that its renewable diesel facility in Prince George, British Columbia operated well during the first quarter. The company also made significant progress on FEED for its proposed SAF project.

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