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ADM: New soybean crushing facility to be operational in Q3

April 25, 2023

BY Erin Voegele

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June WASDE maintains 2024-’25 forecast for soybean oil use in biofuel production

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By Erin Voegele

an hour ago

Feedstocks

The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 12. The overall 2024-’25 outlook for soybeans includes higher beginning and ending stocks.

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Romania-based oil company OMV Petrom on June 11 announced it will move forward with plans to convert its Petrobrazi refinery in Brazi, Romina, to produce renewable diesel and sustainable aviation fuel (SAF).

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Carbon Clean and AGRA Industries have signed an MOU to provide Carbon Clean’s semi-modular CaptureX technology to companies in agriculture-related sectors, including the production of biofuel, ethanol and sustainable aviation fuel (SAF).

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Reps. Sharice Davids, D-Kan., and Dusty Johnson, R-S.D., on June 10 launched the Congressional Sustainable Aviation Caucus, which aims to keep lawmakers informed on initiatives to improve aviation sustainability, including those related to SAF.

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Nexus PMG, a global leader in low-carbon infrastructure, advisory, development and investment, has invested in Saola Energy, a provider of advanced technology and engineering solutions for manufacturers in the renewable fuels industry.

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