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EIA: Ethanol production down 4%, stocks up slightly

SOURCE: U.S. Energy Information Administration

August 9, 2023

BY Erin Voegele

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Neste reports sluggish voluntary SAF demand

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By Erin Voegele

3 hours ago

Sustainable Aviation FuelsBusinessOperations

Neste Corp on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).

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Valero Energy Corp. released Q3 financial results on Oct. 24, reporting increased production for both its ethanol and renewable diesel segments. Valero’s SAF project is expected to be fully operational before the end of the year.

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Montana Renewables LLC has delivered its first shipment of 7,000 gallons of SAF to Dearborn, Michigan's Buckeye Pipeline facility. From there, the fuel will be transported to the Detroit Metropolitan Airport via pipeline for use by Delta Air Lines.

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Signature Aviation has announced the expansion of its blended SAF offering to six new locations across the U.S. following a blended SAF supply agreement with Valero Marketing and Supply Co. a subsidiary of Valero Energy Corp.

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Avfuel Corp. has announced its expansion of blended sustainable aviation fuel (SAF) across the southeastern United States supplied from Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp.

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