February 18, 2021
BY Erin Krueger
Calumet Specialty Products Partners L.P. on Feb. 16 announced plans to produce renewable diesel at its petroleum refinery in Great Falls, Montana. The company is expected to discuss the project during its fourth quarter earnings call on March 3.
A statement released by Calumet on Feb. 16 indicates that the company believes its Great Falls location, which connects western agriculture with West Coast and Canadian clean products markets, presents one of the most compelling opportunities for renewable diesel production in North America.
The company said it expects that the oversized hydrocracker built in 2016 can be reconfigured to process 10,000 to 12,000 barrels per day of renewable feedstock at the lowest capital cost per barrel of any announced industry project. The company explained that hydrocracker conversions are typically faster to market, cheaper and less technically challenging. The planned configuration of the facility could retain 10,000 to 12,000 barrels per day of low-cost Canadian crude processing.
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CountryMark on July 22 celebrated the completion of more than $100 million in upgrades at its refinery in Indiana, including those related to soybean oil storage. The facility produces renewable diesel via coprocessing technology.
ATOBA Energy and Air Moana are partnering to implement scalable solutions for the supply of SAF. The collaboration aims to ensure long-term SAF availability while supporting local initiatives to develop sustainable fuel production in Tahiti.
Neste Corp. on July 24 released second quarter results, reporting record quarterly renewable product sales volumes despite weaker margins. SAF sales were up nearly 80% when compared to the first quarter of 2025.
Valero Energy Corp. on July 24 released second quarter results, reporting a profitable three-month period for its ethanol segment. The renewable diesel segment posted a loss, but the company’s new sustainable aviation fuel (SAF) unit operated well.
The IRS on July 21 published a notice announcing the 2025 calendar-year inflation adjustment factor for the Section 45Z clen fuel production credit. The resulting adjustment boosts maximum the value of the credit by approximately 6%.