May 7th, 2025
Reps. Mike Carey, R-Ohio, and Mariannette Miller-Meeks, R-Iowa, on May 1 introduced legislation that aims to retroactively extend the biodiesel blenders tax credit (BTC) and the second-generation biofuel producer tax credit.
The Canadian International Trade Tribunal on May 5 announced that a preliminary investigation launched earlier this year did not find evidence that imports of U.S. renewable diesel are causing harm to Canada’s domestic renewable diesel industry.
A new study commissioned by Clean Fuels Alliance America shows the U.S. biomass-based diesel industry generated $42.4 billion in economic activity in 2024, supported 107,400 jobs and paid $6 billion in annual wages.
The U.S. exported 15,050.4 metric tons of biodiesel and biodiesel blends of B30 or greater in March, according to data released by the USDA Foreign Agricultural Service on May 6. Biodiesel imports were at 14,991.9 metric tons for the month.
SAF production is growing in the U.S. as new capacity comes online. U.S. production of “other biofuels,” the category the U.S. EIA uses to capture SAF data in its reports, approximately doubled from December 2024 to February 2025.
Marathon Petroleum Corp. on May 6 reported improved first quarter EBITDA for its renewable diesel segment on increased utilization of its facilities, particularly the Martinez biorefinery in California, and higher margins.
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Neste Corp. released first quarter financial results on April 29, reporting improved renewable fuel demand and increased SAF production. Margins, however, were low and feedstock costs were high.
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.
Legislation currently under consideration by the New York legislature aims to establish a clean fuel standard (CFS) that would reduce the greenhouse gas (GHG) intensity from on-road transportation by 20% by 2033.
U.S. operable biofuel capacity in February was unchanged from the previous month, according to data released by the U.S. EIA on April 30. Feedstock consumption for February was down when compared to both January 2025 and February 2024.
A broad coalition representing more than 350 trucking fleets, shippers, and supporters of freight movement is urging Congress to extend the biodiesel blenders’ tax credit to lower supply chain costs and protect consumers from inflationary pressures.
Phillips 66 released Q1 financial results on April 25, reporting reduced pre-tax earnings for its renewable fuels segment despite increased production volumes. The changing tax credit structure is one factor that impacted earnings.
Sustainable Fuels Summit: Sustainable Aviation Fuel & Renewable Diesel
June 9-11, 2025
CHI HEALTH CENTER | OMAHA,NEBRASKA
The Sustainable Fuels Summit: SAF, Renewable Diesel, and Biodiesel is a premier forum designed for producers of biodiesel, renewable diesel, and sustainable aviation fuel (SAF) to learn about cutting-edge process technologies, innovative techniques, and equipment to optimize existing production. Attendees will discover efficiencies that save money while increasing throughput and fuel quality. Produced by Biodiesel Magazine and SAF Magazine, this world-class event features premium content from technology providers, equipment vendors, consultants, engineers, and producers to advance discussions and foster an environment of collaboration and networking. Through engaging presentations, fruitful discussions, and compelling exhibitions, the summit aims to push the biomass-based diesel sector beyond its current limitations. Co-located with the International Fuel Ethanol Workshop & Expo, the Sustainable Fuels Summit conveniently harnesses the full potential of the integrated biofuels industries while providing a laser-like focus on processing methods that deliver tangible advantages to producers. Registration is free of charge for all employees of current biodiesel, renewable diesel, and SAF production facilities, from operators and maintenance personnel to board members and executives.View More
Carbon Capture & Storage Summit
June 9-11, 2025
CHI HEALTH CENTER | OMAHA,NEBRASKA
Capturing and storing carbon dioxide in underground wells has the potential to become the most consequential technological deployment in the history of the broader biofuels industry. Deploying effective carbon capture and storage at biofuels plants will cement ethanol and biodiesel as the lowest carbon liquid fuels commercially available in the marketplace. The Carbon Capture & Storage Summit will offer attendees a comprehensive look at the economics of carbon capture and storage, the infrastructure required to make it possible and the financial and marketplace impacts to participating producers.View More
2025 International Fuel Ethanol Workshop & Expo
June 9-11, 2025
CHI HEALTH CENTER | OMAHA,NEBRASKA
Now in its 41st year, the FEW provides the ethanol industry with cutting-edge content and unparalleled networking opportunities in a dynamic business-to-business environment. As the largest, longest running ethanol conference in the world, the FEW is renowned for its superb programming—powered by Ethanol Producer Magazine —that maintains a strong focus on commercial-scale ethanol production, new technology, and near-term research and development. The event draws more than 2,300 people from over 31 countries and from nearly every ethanol plant in the United States and Canada.View More
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