November 1, 2022
BY Erin Voegele
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Clean Fuels Alliance America on Nov. 26 thanked Reps. Nikki Budzinski, D-Ill., and Mike Carey, R-Ohio, for urging the IRS “to ensure that taxpayers’ registrations under §45Z Clean Fuel Production Credit are completed before January 1, 2025.”
Invizyne Technologies Inc., a leading designer of cell-free, enzyme-based biomanufacturing systems, has announced it was awarded a $2 million project to enable enzyme production for cell-free biomanufacturing of SAF.
Hamilton Oshawa Port Authority has announced two projects that will increase biofuel access in the Great Lakes. One project will create a new 8-million-liter biofuel terminal in Ontario, the other will increase biofuel storage capacity.
HSBC Hong Kong, Cathay Pacific and EcoCeres are launching a significant initiative to support the use of SAF in Hong Kong. HSBC Hong Kong is purchasing 3,400 metric tons of SAF produced by EcoCeres, which will be used in Cathay Pacific flights.
Nearly 2.16 billion RINs were generated under the RFS in October, up from 2.13 billion generated during the same month of last year. Total RIN generation for the first 10 months of 2024 reached 20.85 billion.