Biodiesel World News

New US biodiesel industry vision lays out 2030, 2050 use targets The National Biodiesel Board’s vision for the U.S. biodiesel industry includes ensuring the fuel be recognized for its superior performance characteristics, and growing its use to more than 6 billion gallons by 2030 and 15 billion gallons by 2050. READ MORE SHARE
Phillips 66, REG cancel Washington renewable diesel project Phillips 66 and REG are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington, the companies announced Jan. 21. The project has been canceled due to permitting delays and uncertainties. READ MORE SHARE
	Diesel fleets will continue to thrive with biodiesel National Biodiesel Conference & Expo attendees in Tampa Jan. 21 received a glimpse into the future as industry leaders from the Fuels Institute, NTEA and major OEMs mapped out the road ahead for the freight and transportation industries. READ MORE SHARE
Study addresses deforestation, confirms benefits of US biodiesel The latest research from economic modeling experts at Purdue University shows the impacts of U.S. biofuel policy on deforestation in Southeast Asia are insignificant . The new research also confirms there is no shortage of feedstock or farmland. READ MORE SHARE
IRS publishes guidance on claiming 2018-’19 biodiesel tax credit The IRS published guidance Jan. 15 for companies seeking to claim the biodiesel and renewable diesel tax credit for 2018-’19. The IRS is providing a 180-day period for companies to claim retroactive tax credits, beginning Feb. 14 and ending Aug. 11. READ MORE SHARE
Crown unveils innovative pretreatment system for renewable diesel Crown introduces its game-changing Renewable Diesel Pretreatment System that doubles hydrotreater catalyst life, yields the industry’s highest output of pretreated product, and guarantees product quality specifications, regardless of feedstock. READ MORE SHARE
President Trump signs Phase 1 trade agreement with China President Trump signed the Phase One trade deal between the U.S. and China Jan. 15, a move expected to deescalate trade tensions between the two countries while reopening key markets for U.S. farmers. Chinese tariffs on U.S. soybeans remain in place. READ MORE SHARE
Diamond Oil Co. receives biodiesel award from Iowa ag secretary Iowa Secretary of Agriculture Mike Naig presented Elliott Oil Co. of Ottumwa and Diamond Oil Company Inc. of Des Moines with the 2020 Renewable Fuels Marketing Awards at the FUELIowa annual meeting in Des Moines Jan. 14. READ MORE SHARE
GAO to investigate EPA’s misuse of small refinery exemptions Rep. Abby Finkenauer announced the Government Accountability Office will begin an investigation into the U.S. EPA’s granting of SRE waivers to the RFS. This investigation is a result of Finkenauer leading a bipartisan request to the GAO. READ MORE SHARE
Copper-based catalyst used to convert glycerin to DHA, hydrogen Scientists at Tokyo Tech and Taiwan Tech developed a cheap, efficient, copper-based catalyst to convert glycerin into the high-value chemical dihydroxyacetone (DHA). In addition, this same process produces hydrogen molecules from water. READ MORE SHARE