August 8, 2017
BY Erin Voegele
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Verity Holdings LLC, a subsidiary of Gevo Inc., and Landus have announced a new agreement aimed at unlocking added value for farmers through sustainability premiums via export markets.
Marathon Petroleum Corp. released fourth quarter financial results on Feb. 4, reporting a profitable three-month period for its newly formed renewable diesel segment. Improved earnings are attributed to increased capacity utilization.
Phillips 66 on Jan. 31 released fourth quarter financial results, reporting improved earnings for its renewable fuels segment on higher margins for its Rodeo complex in California and stronger international results.
Chevron Corp. released fourth quarter financial results on Jan. 31. During an earnings call, company officials confirmed that the renewable diesel expansion project at the Geismar biorefinery in Louisiana is undergoing final commissioning.
U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.