Biodiesel World News

Oil refinery retrofit secures $365 million in capital partnership Orion Energy Partners, GCM Grosvenor and Voya Investment Management have formed a capital partnership worth $365 million with Bakersfield Renewable Fuels, which plans to retrofit an existing Southern California oil refinery to make renewable diesel. READ MORE SHARE
Missouri biofuel entities now eligible for $200,000 grant The Missouri Agricultural and Small Business Development Authority partnered with the state biodiesel coalition and corn growers association to provide $2 million to support applicants of the USDA Higher Blends Infrastructure Incentive Program. READ MORE SHARE
	Renewable diesel drives growth in biomass-based diesel imports U.S. imports of biomass-based diesel grew 26 percent in 2019 to more than 27,000 barrels per day, ending two years in a row of decline. Imports increased in 2019 because of the increase in renewable diesel imports from Singapore. READ MORE SHARE
Iowa Legislature extends fuel tax incentive for biodiesel blends Originally enacted in 2015, the successful policy has increased the number of retailers carrying biodiesel in Iowa almost threefold, improving availability for consumers while contributing to the state’s economy, including hard-hit farmers. READ MORE SHARE
HollyFrontier to convert Cheyenne refinery to renewable diesel HollyFrontier Corp. announced June 1 that its board of directors has approved a plan to convert the Cheyenne refinery to renewable diesel production and to construct a pretreatment unit (PTU) located at the Artesia refinery. READ MORE SHARE
Bipartisan group of House members demands Trump deny RFS waivers Forty-four bipartisan members of the U.S. House of Representatives sent a letter to President Trump demanding that his administration uphold the integrity of the Renewable Fuel Standard by denying recent requests to waive the 2020 RFS volumes. READ MORE SHARE
US farm, biofuel leaders demand answers on SRE gap filings Biofuel and farm advocates called on the U.S. EPA to address a new effort to undermine the RFS. Administration officials are considering retroactive SREs covering years prior to 2019 (gap filings) to circumvent a Jan. 24 court ruling. READ MORE SHARE
EPA to change how it considers costs, benefits of CAA regulations The U.S. EPA released a proposal June 4 that will require all future significant regulations promulgated under the Clean Air Act to be accompanied by a benefit-cost analysis. The Renewable Fuel Standard is among the programs likely to be impacted. READ MORE SHARE
April RIN generation down 62 percent from same month last year The U.S. EPA has released updated RIN generation data, reporting that 1.05 billion RINs were generated under the RFS in April, down from 2.74 billion during the same period last year. The decrease is attributed to the coronavirus pandemic. READ MORE SHARE
Oregon DEQ releases timeline for Clean Fuels Program expansion The Oregon Department of Environmental Quality announced this month it has submitted detailed information to Gov. Kate Brown on how it plans to carry out her March 10 executive order that set a new goal for greenhouse gas (GHG) reduction. READ MORE SHARE