February 2, 2017
BY Ron Kotrba
Dublin, Ireland-based Research and Markets is offering a new 168-page report, “Biodiesel Market—Global Forecast to 2021,” in which the analysts find that the global biodiesel market is projected to surpass $41 billion by 2021 at a compound annual growth rate (CAGR) of 3.8 percent from 2016-’21.
“Rising use of biodiesel in the fuel and power generation application segments have led to an increased demand for biodiesel, globally,” states the report summary. “Europe is estimated to be the largest market for biodiesel, followed by North America. Germany is expected to account for the largest share in Europe [until] 2021 [while] Italy is expected to be the fastest-growing market for biodiesel during the forecast period.”
The report notes that companies are investing in expansions of production capacities to increase market share and supply increasing demand for biodiesel. Companies mentioned in the report include Archer Daniels Midland Co., Biox Corp., Bunge Ltd., Cargill Inc., Louis Dreyfus Co., Münzer Bioindustrie GmbH, Neste Corp., Renewable Energy Group Inc., Terravia Holdings Inc. and Wilmar International Ltd.
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The purchase price for the report begins at $5,650.
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Luxury North Dakota FBO, Overland Aviation—together with leading independent fuel supplier, Avfuel Corp.— on May 19 announced it accepted a 8,000-gallon delivery of sustainable aviation fuel (SAF) on May 12.
May 21 marks the official launch of the American Alliance for Biomanufacturing (AAB), a new coalition of industry leaders committed to advancing U.S. leadership in biomanufacturing innovation, competitiveness, and resilience.
Neste and FedEx, the world’s largest express cargo airline, have agreed on the supply of 8,800 metric tons (more than 3 million gallons) of blended Neste MY Sustainable Aviation Fuel to FedEx at Los Angeles International Airport (LAX).
The U.S. EPA on May 14 delivered two RFS rulemakings to the White House OMB, beginning the interagency review process. One rule focuses on RFS RVOs and the other focuses on a partial waiver of the 2024 cellulosic RVO.
The U.S. EPA on May 15 released data showing nearly 1.79 billion RINs were generated under the RFS in April, down from 2.09 million generated during the same month of last year. Total RIN generation for the first four months of 2025 was 7.12 billion.