Biodiesel World News

Report: Boost in consumption of US biomass-based diesel expected According to a new report released March 26 by the Fuels Institute, biomass-based diesel has increased its share of the diesel fuel market from 0.5 percent volume in 2010 to 5 percent in 2018 and is projected to reach 10 percent by 2022. READ MORE SHARE
NBB welcomes administration’s decision not to appeal SRE ruling The National Biodiesel Board welcomes President Trump’s decision not to appeal the January court ruling that invalidated three small refinery exemptions that the U.S. EPA granted retroactively for the 2016 Renewable Fuel Standard. READ MORE SHARE
	Iowa ethanol, glycerin donated for hand sanitizer production Two Iowa Renewable Fuels Association members sent the first donated shipment of Iowa ethanol and glycerin to the state of Iowa to be used by Iowa Prison Industries for the production of hand sanitizer during the national shortage. READ MORE SHARE
ADM commits $1 million to aid in COVID-19 response Archer Daniels Midland Co. announced March 27 that it is has committed approximately $1 million to various organizations involved in the fight against COVID-19, including the COVID-19 Solidarity Response Fund, regional and local charities, and more. READ MORE SHARE
EPA issues guidance on future SRE actions, RFS compliance date The U.S. EPA announced it intends to develop an “appropriate implementation and enforcement response” to the Tenth Circuit Court’s small refinery exemption (SRE) ruling “after appeals have been resolved and the court’s mandate has been issued.” READ MORE SHARE
Vegetable oil prices under pressure due to coronavirus pandemic The spread of the coronavirus sent global prices of crude oil and vegetable oil on a downward spiral. Diesel sales are in steep decline, and the demand for and use of biodiesel, and biodiesel producers’ demand for vegetable oil, are down. READ MORE SHARE
Dermen found guilty in $1 billion biodiesel tax fraud scheme A federal jury in Salt Lake City, Utah, convicted California businessman Lev Aslan Dermen, also known as Levon Termendzhyan, of criminal charges March 16 relating to a $1 billion renewable fuel tax credit fraud scheme, the U.S. government announced. READ MORE SHARE
Beth Calabotta Sustainable Education Grant accepting applications Students are invited to apply online for a grant award of up to $2,000 through the Beth Calabotta Sustainability Education Grant, established by the National Biodiesel Foundation to help full-time students interested in biodiesel sustainability. READ MORE SHARE
REG Newton biodiesel plant seeds Monarch Fueling Station Iowa’s spring planting season is just around the corner and REG’s biodiesel plant near Newton is getting a head start with a unique kind of planting. Pheasants Forever representatives conducted a seeding of native grasses, milkweed and other plants. READ MORE SHARE
IRFA partners with Iowa State University BioBus program In recognition of the important role students and young professionals will play in the future of the biodiesel industry, the Iowa Renewable Fuels Association is announcing a partnership with Iowa State University’s BioBus program. READ MORE SHARE