July 9, 2024
BY Erin Voegele
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Castlerock Green Energy LLC has announced the receipt of an investment of approximately $9 million by Nexus Development Capital LLC into Castlerock Biofuels LLC, a joint venture company led by CGE and Ensyn Corp.
The U.S. exported 67,622.2 metric tons of biodiesel and biodiesel blends of B30 and greater in June, according to data released by the USDA Foreign Agricultural Service on Aug. 6. Biodiesel imports reached 99,610.1 metric tons for the month.
KBR announced on Aug. 6 that Avina Clean Hydrogen Inc. has selected the sustainable aviation fuel technology, PureSAF, for its project in the US. Developed by Swedish Biofuels, PureSAF technology is exclusively licensed by KBR worldwide.
Delek U.S. Holdings Inc. on Aug. 6 announced it has idled its biodiesel plants located in Crossett, Arkansas; Cleburne, Texas; and New Albany, Mississippi. The decision to idle the facilities was driven by the decline in the biodiesel market.
Imperial Oil Ltd. on Aug. 2 confirmed that construction continues to advance on the renewable diesel project under development at its Strathcona refinery near Edmonton, Alberta. The project’s main reactor was installed during Q2.