August 15, 2022
BY Erin Voegele
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The USDA reduced its forecast for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Jan. 10. The forecast for soybean oil prices is unchanged.
Bayer on Jan. 9 announced a deal with Canada-based Smart Earth Camelina Corp., whereby Bayer has acquired their camelina germplasm, intellectual property, and materials to expand its global leadership position in biomass-based feedstock markets.
Neste and Bayer have signed an MOU aimed at developing a winter canola ecosystem in the U.S, including identifying partners and developing the value chain together, and scaling winter canola production as a raw material for renewable products.
SK Energy has successfully exported sustainable aviation fuel (SAF) to Europe, marking a first for a Korean refiner. This milestone comes just four months after the company commenced commercial production, completing a global value chain for SAF.
The USDA has appointed 36 members to serve on the newly formed Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program Advisory Council, informally known as the Growing Climate Solutions Act Advisory Council.