Photo: UPM Biofuels
February 7, 2019
BY UPM Kymmene Corp.
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The USDA on Jan. 10 awarded $60 million in Higher Blends Infrastructure Incentive Program grants. The funding supports 70 projects in 24 states that aim to increase consumer access to higher blends of ethanol and biodiesel.
Calumet Inc. on Jan. 10 announced the closing of a $1.44 billion U.S. Department of Energy loan guarantee to fund construction of Montana Renewables’ MaxSAF initiative, which aims to boost SAF capacity at the biorefinery to 300 MMgy.
Treasury and the IRS on Jan. 10 released guidance on the 45Z clean fuels production credit, including a notice of intent to propose regulations and a notice providing the annual emission rate table for the credit.
The Missouri Agricultural and Small Business Development Authority (MASBDA) announced it has invested nearly $3.4 million in projects that increase the distribution and use of higher blends of ethanol and biodiesel in the State of Missouri.
SK Energy has successfully exported sustainable aviation fuel (SAF) to Europe, marking a first for a Korean refiner. This milestone comes just four months after the company commenced commercial production, completing a global value chain for SAF.