June 6, 2023
BY Aemetis Inc.
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Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.
Legislation introduced in the Kansas legislature on Jan. 15 aims to create a 5-cent-per-gallon tax credit to support the sale of higher ethanol blends, such as E15. Lawmakers are also being asked to consider a similar incentive for biobased diesel.
Calumet on Jan. 28 announced disbursement of the first tranche of its $1.44 billion U.S. DOEloan guarantee to support the expansion of SAF production at its Montana Renewables facility will be delayed to allow review by the Trump administration.
DHL Express has signed a deal with Cosmo Oil Marketing Co. Ltd. for the purchase of sustainable aviation fuel (SAF) to drive emission-reduced air freight in Japan. The deal represents an annual purchase of 7.2 million liters of SAF.
CPM|Crown has announced the launch of its Lifecycle360 support services, which are designed to help companies streamline and optimize the full lifecycle of their facilities, from pre-engineering to long-term maintenance needs.