February 2, 2023
BY Darling Ingredients Inc.
Darling Ingredients Inc. and Valero Energy Corp., on Jan. 31 announced that the companies have made the final investment decision on a sustainable aviation fuel (SAF) project at the Diamond Green Diesel (DGD) Port Arthur plant, which is owned and operated by Diamond Green Diesel Holdings LLC, a 50/50 joint venture between Valero and Darling.
Upon completion of the project, which is expected in 2025, the DGD Port Arthur plant will have the capability to upgrade approximately 50 percent of its current 470 million gallon annual production capacity to SAF. The project's estimated cost is approximately $315 million, with half of that attributable to Darling Ingredients. With the completion of this project, DGD is expected to be one of the largest SAF manufacturers in the world.
Advertisement
Advertisement
"As one of the largest and most-successful producers of renewable diesel for nearly a decade, it's exciting to enter the next phase of our growth in the aviation market," said Chairman and CEO Randall C. Stuewe. "Darling Ingredients' global supply chain of waste fats and oils, combined with our partner's operational and technical expertise, position us as a leader in decarbonization solutions."
Advertisement
Advertisement
Calumet Inc. on Aug. 8 confirmed its Montana Renewables biorefinery is currently running at full capacity. An initial phase of the company’s MaxSAF initiative remains on track to boost SAF capacity to up to 150 MMgy by mid-2026.
Marathon Petroleum Corp. on Aug. 5 released second quarter financial results, reporting improved EBITDA for its renewable diesel segment. The company primarily attributed the improvement to increased utilization and higher margins.
Chevron Corp. on Aug. 1 confirmed the company started production at the Geismar renewable diesel plant in Louisiana during the second quarter after completing work to expand plant capacity from 7,000 to 22,000 barrels per day.
The public comment period on the U.S. EPA’s proposed rule to set 2026 and 2027 RFS RVOs and revise RFS regulations closed Aug. 8. Biofuel groups have largely expressed support for the proposal but also outlined several ways to improve the rulemaking.
In celebration of World Biodiesel Day, MOL Group on Aug. 8 announced SAF was successfully produced for the first time at INA’s Rijeka Refinery during a pilot project to process biocomponent. Renewable diesel was also produced.