Biodiesel World News

Marathon’s Dickinson biorefinery reaches full capacity Marathon Petroleum Corp. announced progress with its renewable diesel projects during a Q2 earnings call, held Aug. 4. The company’s renewable diesel plant in North Dakota reached full capacity and conversion work is ongoing at a California refinery. READ MORE SHARE
REG moves into construction phase of Geismar expansion Renewable Energy Group Inc. released second quarter financial results on Aug. 4, reporting the company’s board of directors has approved plans to expand and improve its renewable diesel biorefinery in Geismar, Louisiana. READ MORE SHARE
	Phillips 66 ramps up renewable diesel production Phillips 66 on Aug. 3 announced the hydrotreater conversion at its refinery in Rodeo, California, reached full production in July. The facility can produce up to 8,000 barrels per day of renewable diesel, equivalent to approximately 120 MMgy. READ MORE SHARE
NBB celebrates RFS anniversary, urges future support from EPA This weekend marked the 16 anniversary of the RFS, a policy that has played a keystone role in decarbonizing America’s diesel fuel supply. On the heels of the anniversary, NBB is urging policymakers to support future growth of biodiesel. READ MORE SHARE
CVR Energy delays renewable diesel conversion CVR Energy on Aug. 3 announced it will delay plans to complete a conversion project to enable renewable diesel production at its existing oil refinery in Wynnewood, Oklahoma, due to high feedstock prices. READ MORE SHARE
USDA lowers forecasts for soybean oil use in biofuel The USDA lowered its 2021-’22 forecast for soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The estimate for 2020-’21 soybean oil use in biofuel was also revised down. READ MORE SHARE
	EIA: US biofuel capacity, feedstock consumption up in May U.S. biofuel production capacity expanded slightly in May, reaching 20.795 billion gallons, up from 20.777 billion gallons in April. Total feedstock consumption was approximately 26.768 billion pounds in May, up from 24.296 billion pounds in April. READ MORE SHARE
USDA: US biodiesel exports up in June The U.S. exported 90,863.1 metric tons of biodiesel and biodiesel blends of B30 or greater in June, up from both 82,320.3 metric tons in May and 73,667.4 metric tons in June 2020, according to data released by the USDA on Aug. 5. READ MORE SHARE
Strategic Biofuels completes CCS test well at biorefinery Strategic Biofuels LLC announced Aug. 11 that its carbon capture and sequestration (CCS) test well program was successfully completed at the company’s Louisiana Green Fuels Project in Caldwell Parish, Louisiana. READ MORE SHARE
Groups urge Congress to use DOE modeling for SAF tax credit Growth Energy, RFA, NBB, NAGC, NFU, and AFBF are urging federal lawmakers to ensure any future tax credit for SAF is based on accurate carbon accounting lifecycle analysis led by the U.S. Department of Energy. READ MORE SHARE