Chevron to acquire REG for $3.15 billion


Chevron Corp. on Feb. 28 announced a definitive agreement to acquire REG. Chevron cited REG’s expertise in feedstock sourcing and market access as two factors that make the transaction an attractive way to boost Chevron’s renewable fuels business.
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Chevron, Bunge announce definitive agreements for joint venture


Chevron U.S.A. Inc. and Bunge North America Inc. on Feb. 22 announced the signing of definitive transaction agreements to create their previously announced joint venture. The new venture will create renewable feedstocks for biofuel production.
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EPA proposes June 3 deadline to finalize 2021, 2022 RVOs


The U.S. EPA is scheduled to publish a notice of proposed consent decree on Feb. 23 related to a legal challenge filed by Growth Energy that would establish deadlines for the agency to finalize the 2021 and 2022 RFS RVOs by June 3, 2022.
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EIA: Biofuel capacity down in December, feedstock use up


Total U.S. operatable biofuels production capacity fell slightly in December to 20.834 billion gallons per year, according to data released by the U.S. Energy Information Administration on Feb. 28. Feedstock use was up for the month.
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EPA announces new science advisory board process


The U.S. EPA is implementing a new process by which the Science Advisory Board will assess the science that informs decisions regarding proposed rules. The process will restore opportunities for peer review and strengthen the independence of the SAB.
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EPA: 1.78 billion RINs generated in January


The U.S. EPA has released updated renewable identification number (RIN) data, reporting that nearly 1.78 billion RINs were generated under the Renewable Fuel Standard in January, up from 1.4 billion generated during the same period of 2021.
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CVR: Renewable diesel unit at Wynnewood nears completion


CVR Energy has announced the renewable diesel conversion project at its Wynnewood, Oklahoma, refinery is nearly complete. The company’s board of directors has also approved a plan to break out its renewable fuels business as a separate entity.
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REG contracts BDI to upgrade 2 German biodiesel plants


BDI-BioEnergy International GmbH on Feb. 17 announced it has contracted with Renewable Energy Group to upgrade two biodiesel plants in Germany by installing a state-of-the-art feedstock pretreatment technology to process wastes fats and oils.
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Neste reports strong Q4 for renewable products


Neste released Q4 financial results on Feb. 10, reporting that the company’s renewable products business segment achieved improve sales volumes and sales margins despite several scheduled shutdowns, a weaker U.S. dollar and higher fixed costs.
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Iowa biodiesel supporters advocate for governor’s bill


Soybean farmers, biodiesel producers and other supporters met with Iowa state senators on Feb. 15, urging them to vote for a bill to increase consumer access to higher biofuel blends like 20 percent biodiesel (B20).
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Clean Fuels submits testimony for senate hearing on RFS


On Feb. 16, Clean Fuels Alliance America submitted written comments to the Senate Committee on Environment and Public Works ahead of its hearing to examine the U.S. EPA’s Renewable Fuel Standard program.
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EPA seeks experts to peer review of third RFS triennial report


The agency is required to report to congress on the environmental and resource conservation impacts of the Renewable Fuel Standard.
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Industry Events

2022 International Biomass Conference & Expo

March 14-16, 2022
Prime F. Osborn III Convention Center
Jacksonville, Florida

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June 13-15, 2022
Minneapolis Convention Center
Minneapolis, Minnesota

2022 International Fuel Ethanol Workshop & Expo

June 13-15, 2022
Minneapolis Convention Center
Minneapolis, Minnesota

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June 13-13, 2022
Minneapolis Convention Center
Minneapolis, Minnesota

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