Biodiesel World News

Model errors, RM losses cause REG to revise Q2 adjusted EBITDA For several reasons including model errors, risk management losses and volatile markets, Renewable Energy Group is revising its estimated Q2 adjusted EBITDA from between $20 million and $35 million down to negative $12 million to negative $2 million. READ MORE SHARE
US EPA discloses flood of 52 gap SRE petitions from 2011-’18 The NBB called on U.S. EPA Administrator Andrew Wheeler to immediately reject the flood of 52 small refinery exemption petitions for compliance years preceding 2019, which would relieve oil companies from RFS obligations, disclosed by EPA June 18. READ MORE SHARE
	US biodiesel production picks up slightly in March over February U.S. production of biodiesel ticked up slightly in March over February despite the onset of lockdowns from the coronavirus pandemic that began to take hold in the U.S. that month, according to data from the U.S. Energy Information Administration. READ MORE SHARE
EU soybean production up 11% this year, doubled in 10 years Soybean production in the EU-27 continues to expand in 2020 due to significant increases in farmland planted with soybeans in key EU member states. Italy is by far the largest soybean-producing member state with 306,000 hectares planted this year. READ MORE SHARE
Bakersfield retrofit to use Haldor Topsoe’s HydroFlex technology Global Clean Energy Holdings’ Bakersfield Renewable Fuels project will produce approximately 230 MMgy of renewable diesel from GCEH’s proprietary camelina oil and other renewable feedstocks using Haldor Topsoe’s HydroFlex process technology. READ MORE SHARE
Biodiesel improving air quality in Chicago parks As Chicago residents begin to resume outdoor activities, they can expect to breathe a little easier. That’s because the Chicago Park District is working to improve air quality by fueling park refuse haulers with 100 percent biodiesel (B100). READ MORE SHARE
Iowa Legislature funds state’s biofuel infrastructure program The Iowa Legislature authorized another year of funding June 14 for the cost-share biofuel infrastructure program, a move that ensures access to biofuels will continue to grow throughout Iowa. The program has led to millions in private investment. READ MORE SHARE
1st Nuseed Carinata shipment demonstrates sustainability, supply Saipol, the main subsidiary of Groupe Avril, Europe’s largest producer of biodiesel, has received the first Nuseed Carinata grain shipment at its processing facility in Rouen, France. The crop was grown as a scalable cover crop in Argentina. READ MORE SHARE
REG releases its 1st environmental, social and governance report Renewable Energy Group, North America’s largest biodiesel producer whose active annual U.S. production capacity approaches half a billion gallons from nine biodiesel facilities and one renewable diesel plant, has released its first-ever ESG report. READ MORE SHARE
Western Dubuque Biodiesel completes butterfly habitat seeding Western Dubuque Biodiesel recently came one step closer to providing monarch butterflies with vital habitat on plant grounds by seeding the biodiesel plant’s Monarch Fueling Station. Milkweed is the only plant monarchs can lay their eggs on. READ MORE SHARE