SOURCE: Calumet Inc.
November 12, 2024
BY Erin Voegele
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A Florida man pleaded guilty on Nov. 7 for his role in a scheme that generated over $7 million in fraudulent U.S. EPA renewable fuels credits and sought over $6 million in fraudulent tax credits connected to the purported production of biodiesel.
Neste and Air Canada have signed an agreement for the supply of 60,000 metric of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the SAF, blended with conventional jet fuel, to the Vancouver marine terminal starting in December 2024.
NATSO, representing truck stops and travel centers, and SIGMA: America’s Leading Fuel Marketers, on Nov. 8 urged Congress to take action during the Lame Duck session to extend the $1 per gallon biodiesel blenders’ tax credit.
Neste on Nov. 8 announced its Rotterdam refinery has been shut down due to a fire. The fire has been extinguished and did not cause any injuries. Production will be down for several weeks, impacting renewable diesel customer deliveries.
U.S. operable biofuels capacity was at 24.9 billion gallons per year in August, down slightly from the previous month, according to data released by the U.S EIA. Feedstock consumption was up when compared to the previous year.