PHOTO: ICM INC.
December 20, 2021
BY Holly Jessen
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Aemetis Inc. has announced that its subsidiary in India, Universal Biofuels, on April 24 began shipments to fulfill multiple orders for more than 33,000 kiloliters of biodiesel from the government-owned oil marketing companies.
Valero Energy Corp. released Q1 financial results on April 24, reporting that a tough margin environment negatively impacted the company’s renewable diesel operations during the three-month period. Valero’s ethanol segment was profitable.
TotalEnergies on April 22 announced plans to reconfigure the petrochemical operations at its refinery in Antwerp, Belgium. One planned change will add sustainable aviation fuel (SAF) production capacity via coprocessing.
Aemetis Inc. on April 21 announced the company’s subsidiary in India, Universal Biofuels, received multiple orders for an aggregate of $31 million for the delivery during May, June and July of more than 33,000 kiloliters of biodiesel.
CoBank latest quarterly research report highlights current challenges facing the biobased diesel industry. The report cites policy uncertainty and trade disruptions due to tariff disputes as factors impacting biofuel producers.