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PBF Energy expects renewable diesel production, economics to improve in Q4

October 31, 2024

BY Erin Voegele

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CARB and nation’s leading airlines partner to increase SAF availability

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By California Air Resources Board

4 hours ago

Sustainable Aviation FuelsBusinessPolicy

The California Air Resources board has announced an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable aviation fuel (SAF) for flights within the state.

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CVR Energy Inc. on Oct. 29 announced that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed 19.6 million gallons of vegetable oil feedstock during the third quarter, down from 23.8 million gallons during the same period of 2023.

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The USDA on Oct. 29 announced it is awarding $39 million in grants to more than three dozen projects under its Higher Blends Infrastructure Incentive Program to support increased availability of ethanol and biodiesel.

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The USDA on Oct. 29 announced it is allocating $200 million to the newly created Biobased Product Market and Access Grant Program, which will support innovative biobased technologies and bridge the gap between pilot-scale demonstrations and commercial viability.

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Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.

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