Southwest Iowa Renewable Energy
August 13, 2015
BY Erin Voegele
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On Sept. 11, SK Energy, the largest refiner in South Korea and a subsidiary of SK Innovation, announced the completion of the nation’s first dedicated sustainable aviation fuel (SAF) production line.
Neste has revised down its 2024 guidance for renewable products, citing substantially reduced diesel prices. The company said waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak.
The U.S. exported 88,432.8 metric tons of biodiesel and biodiesel blends of B30 and greater in July, according to data released by the USDA FAS on Sept. 4. U.S. biodiesel imports were at 86,483 metric tons for the month.
Canadian National Railway and Canadian Pacific Kansas City, the country’s two largest rail carriers, on Aug. 26 resumed operations after the Canadian Industrial Relations Board took action over the weekend to end a work stoppage that began Aug. 22.
Tidewater Renewables Ltd. on Aug. 15 reported that its biorefinery in Prince George, British Colombia, operated at near capacity during Q2. Work is progressing on a potential SAF project and the company is working to improve financial liquidity.