May 6, 2021
BY Erin Voegele
The U.S. exported 37,605.6 metric tons of biodiesel and biodiesel blends of greater than B30 in March, up from 17,149.8 metric tons in February and 30,310 metric tons in March 2020, according to data released by the USDA Foreign Agricultural Service on May 4.
The U.S. exported biodiesel to seven countries in March. Canada was the top destination at 30,145 metric tons, followed by the Netherlands at 4,013.6 metric tons and Peru at 3,205.6 metric tons.
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The total value of U.S. biodiesel exports reached $30.69 million in March, up from $10.78 million February and $20.41 million in March 2020.
Total biodiesel exports for the first quarter of 2021 reached 85,987 metric tons at a value of $67.67 million, compared to 45,477.1 metric tons at a value of $32.85 million reported for the same period of 2020.
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Varo Energy, a European energy company based in Switzerland, on March 31 announced an agreement to acquire Preem, a Sweden-based petroleum and biofuels company that is developing additional renewable diesel and SAF capacity.
Iowa’s Renewable Fuels Infrastructure Program on March 25 awarded nearly $3 million in grants to support the addition of E15 at 111 retail sites. The program also awarded grants to support two biodiesel infrastructure projects.
Tidewater Renewables Ltd. has reported there was a minor fire on April 1 in the main renewable diesel process unit at the corporation's renewable diesel refinery located in Prince George, British Columbia.
U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.
ADM and Mitsubishi Corp. on March 27 announced the signing of a non-binding memorandum of understanding (MOU) to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.