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Neste reports sluggish voluntary SAF demand

SOURCE: Neste Corp.

October 24, 2024

BY Erin Voegele

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Valero reports solid results for biofuel segments, mechanical completion of SAF project

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By Erin Voegele

5 hours ago

BusinessOperationsSustainable Aviation Fuels

Valero Energy Corp. released Q3 financial results on Oct. 24, reporting increased production for both its ethanol and renewable diesel segments. Valero’s SAF project is expected to be fully operational before the end of the year.

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Montana Renewables LLC has delivered its first shipment of 7,000 gallons of SAF to Dearborn, Michigan's Buckeye Pipeline facility. From there, the fuel will be transported to the Detroit Metropolitan Airport via pipeline for use by Delta Air Lines.

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Signature Aviation has announced the expansion of its blended SAF offering to six new locations across the U.S. following a blended SAF supply agreement with Valero Marketing and Supply Co. a subsidiary of Valero Energy Corp.

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Avfuel Corp. has announced its expansion of blended sustainable aviation fuel (SAF) across the southeastern United States supplied from Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp.

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Rep. Brad Schneider, D-Ill., on Oct. 22 introduced the Expanding Clean Fuel Production Act. The bill aims to extend the 45z clean fuel production credit for 10 additional years, through 2037. The credit is currently in place through 2027.

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