SOURCE: Nebraska Ethanol Board
August 19, 2019
BY Nebraska Ethanol Board
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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.
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.
Boeing has released guidance to defense customers that company-built military aircraft can operate on sustainable aviation fuel (SAF) at currently approved limits of up to 50% blend with conventional fuel.
The U.S. EPA on July 18 announced it has reached a settlement with Lupton Petroleum Products Inc., and its affiliate Brad Hall Associates Inc., for violations of the Clean Air Act’s conventional and renewable fuel requirements.