Biodiesel World News

EU Parliament approves REDII; biofuels stakeholders react The European Parliament approved new targets for renewables, energy efficiency and second-generation biofuels when it voted to confirm a provisional agreement reached with the European Council in June on a revised Renewable Energy Directive (REDII). READ MORE SHARE
US to conduct 'unprecedented review' of biodiesel import duties The U.S. Department of Commerce granted a request from Argentina to initiate "changed circumstances" reviews of U.S. trade duties imposed on Argentine biodiesel companies. What's changed is Argentina has raised its biodiesel export taxes and prices. READ MORE SHARE
	Diamond Green Diesel approves major expansion to 675 MMgy On the heels of completing a major expansion project at its renewable diesel production facility in Norco, Louisiana, from 160 MMgy to 275 MMgy, Diamond Green Diesel will add another 400 MMgy of production capacity expected to come online in 2021. READ MORE SHARE
Phillips 66, REG to build renewable diesel plant in Washington Phillips 66 and REG announced Nov. 1 that planning is underway for the construction of a large-scale renewable diesel plant adjacent to Phillips 66's Ferndale Refinery in Washington State. The plant will use REG's proprietary BioSynfining technology. READ MORE SHARE
Better margins, more gallons sold boost REG net income in Q3 REG announced its financial results for Q3 2018. Net income attributable to common stockholders was $24.3 million in Q3 2018 compared to net loss of $11.4 million in Q3 2017. The improvement reflects better margins as well as more gallons sold. READ MORE SHARE
60 organizations sign tax extenders letter to Congress A group of 60 organizations representing diverse business, energy, transportation, real estate and agriculture sectors has sent a letter to leaders in U.S. Congress on the pressing need to address the tax provisions that expired at the end of 2017. READ MORE SHARE
Nat'l Biodiesel Board members elect governing board leadership NBB members voted Nov. 13 to elect their trade association leadership. The board reflects the wide range of member companies in the biodiesel industry from feedstock operations to producers. The election was held to fill eight board member spots. READ MORE SHARE
Clariant, Neste partner to develop biobased industrial solutions Neste Corp. and Clariant have signed an agreement to partner in developing and making new sustainable material solutions accessible to a variety of industries. Clariant will start by making ethylene and propylene from Neste's renewable diesel. READ MORE SHARE