SOURCE: U.K. Department for Business, Energy & Industrial Strategy
April 2, 2019
BY Erin Voegele
Advertisement
Advertisement
Neste Corp. on July 25 released second quarter results, reporting that operational performance at the company’s facilities was solid during the three-month period despite a very challenging market environment for renewables.
Valero Energy Corp. released Q2 financial results on July 25, reporting strong performance for both its ethanol and renewable diesel segments. The company’s SAF project in Texas remains on track to begin operations later this year.
Neste has commissioned terminal capacity at ONEOK’s terminal in Houston for blending and storing its SAF. Neste now has approximately 33.6 million gallons of SAF storage capacity at the facility with direct connection to pipeline infrastructure.
The U.K. Department for Transport on July 22 sent a written statement to the U.K. Parliament confirming that, subject to Parliamentary approval, the agency will introduce a sustainable aviation fuel (SAF) mandate starting on Jan. 1, 2025.
The European Biodiesel Board, representing the European producers of biodiesel (HVO & FAME), has successfully obtained provisional anti-dumping duties in its trade case against Chinese biodiesel flooding the EU market.