Cathay on Jan. 29 welcomed the successful launch of the Hong Kong SAF Coalition as its co-initiator. The coalition is convened and chaired by Business Environment Council, along with 13 founding partners from the SAF value chain. / SOURCE: Cathay
January 31, 2024
BY Cathay
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Neste Corp. on July 25 released second quarter results, reporting that operational performance at the company’s facilities was solid during the three-month period despite a very challenging market environment for renewables.
Valero Energy Corp. released Q2 financial results on July 25, reporting strong performance for both its ethanol and renewable diesel segments. The company’s SAF project in Texas remains on track to begin operations later this year.
The Sustainable Aviation Fuel (SAF) Coalition responds to USDA request for information on biofuel feedstocks, encouraging the agency to ensure federal policies are science-based and technology and feedstock neutral.
A bipartisan group of 16 senators and 36 representatives on July 23 sent a letter to U.S. Treasury Secretary Janet Yellen urging her agency to take immediate action to finalize the rules to implement the 45Z clean fuel production credit.
Neste has commissioned terminal capacity at ONEOK’s terminal in Houston for blending and storing its SAF. Neste now has approximately 33.6 million gallons of SAF storage capacity at the facility with direct connection to pipeline infrastructure.