NBB: Build Back Better Act to extend biodiesel tax credit


On Sept. 11, the National Biodiesel Board welcomed the proposed extension through 2031 of the biodiesel and renewable diesel blenders tax credit in the House Ways & Means portion of the Build Back Better Act.
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House Ag Committee advances $1B for biofuel infrastructure


The House Agriculture Committee on Sept. 13 advanced its portion of the Build Back Better Act, which currently includes $1 billion in USDA funding to expand biofuel infrastructure to increase availability of higher blends of ethanol and biodiesel.
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Biden administration takes action to expand SAF production, use


President Biden is taking action to increase the production of SAF to at least 3 billion gallons per year and reduce aviation emission by 20 percent by 2030. As part of that effort, DOE has announced $64.7 million in funding for 22 biofuel projects.
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Biofuel groups call on lawmakers to fix SAF legislation


A group of nine biofuel and ag groups are calling lawmakers to fix major flaws in pending legislation that they say could leave American farmers and biofuel producers cut out of the sustainable aviation fuel (SAF) market.
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USDA reduces 2021-’22 forecast for soybean oil use in biofuel


The USDA lowered its forecast for 2021-’22 soybean oil use in biofuel in its latest World Agricultural Supply and Demand Estimates report, released Sept. 10. The forecast for 2020-’21 soybean oil use in biofuel was also revised down.
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Missouri launches Biofuel Infrastructure Incentive Program


On Sept. 2, the Missouri Agricultural and Small Business Development Authority announced the Biofuel Infrastructure Incentive Program to increase the distribution and use of biofuels in the state of Missouri.
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Biofuel groups oppose EPA motion to remand SREs without vacatur


Growth Energy, RFA, NCGA, NBB, ACE and NFU on Sept. 7 field a motion with the U.S. Court of Appeals for the D.C. Circuit opposing the U.S. EPA’s Aug. 25 motion to remand, but not vacate, 31 SREs granted for RFS compliance year 2018.
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Neste to acquire US-based Agri Trading


Neste has agreed to acquire 100 percent of Agri Trading, one of the largest independent renewable waste and residue fat and oil traders in the United States, and its affiliate entities. The transaction is subject to regulatory approval.
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USDA: US biodiesel exports at 68,958 metric tons in July


The U.S. exported 68,957.5 metric tons of biodiesel and biodiesel blends of B30 or greater in July, down from 90,863.1 metric tons in June, but up from 52,992.1 metric tons in July 2020, according to data released by the USDA on Sept. 2.
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ExxonMobil introduces renewable diesel process technology


ExxonMobil Catalysts and Licensing LLC has introduced ExxonMobil Renewable Diesel process technology (EMRD) to help meet the evolving needs for mobility, while utilizing renewable feedstock. The two-stage process provides higher diesel yields.
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