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Neste, KPI OceanConnect and Global Energy collaborate for the first delivery of Neste MY Renewable Diesel to the marine sector in Singapore

Delivery of Neste MY Renewable Diesel to the marine sector in Singapore. / Source: KPI OceanConnect

January 9, 2025

BY Neste Corp.

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USDA: Biodiesel exports at 16,880 metric tons in November, imports at 76,520 metric tons

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By Erin Voegele

January 08, 2025

MarketsBusiness

The U.S. exported 16,879.6 metric tons of biodiesel and biodiesel blends of B30 or greater in November, according to data released by the USDA Foreign Agricultural Service on Jan. 7. Biodiesel imports were at 76,519.5 metric tons for the month.

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Tidewater Renewables Ltd. has filed a countervailing (anti-subsidy) and anti-dumping duty complaint with the Canada Border Services Agency. The complaint targets unfairly traded imports of renewable diesel from the U.S.

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The U.K.’s sustainable aviation fuel (SAF) mandate officially came into force on Jan. 1. By law, SAF must now account for at least 2% of all jet fuel in flights taking off from the U.K. The mandate is set to expand to 10% in 2030 and 22% in 2040.

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Vertex Energy Inc. could be required to retire over 18.7 million RIN by March 31, 2025, to satisfy its 2023 and 2024 RFS blending obligations under a proposed Consent Decree and Environmental Settlement Agreement lodged by the U.S. government.

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U.S. operable biofuels production capacity increased slightly in October, with a small gain for ethanol, according to data released by the U.S. EIA on Dec. 31. Feedstock consumption was down when compared to October 2023.

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