Biodiesel World News

Marathon starts up phase 1 of Martinez conversion project Marathon Petroleum has announced that the first phase of its renewable diesel conversion project at its Martinez refinery in California has commenced startup activities and is on track to be operating at full nameplate capacity by the end of Q1. READ MORE SHARE
Diamond Green Diesel approves SAF project in Texas Darling Ingredients Inc. and Valero Energy Corp., on Jan. 31 announced that the companies have made the final investment decision on a sustainable aviation fuel (SAF) project at the Diamond Green Diesel (DGD) Port Arthur plant in Texas. READ MORE SHARE
	Illinois governor signs bill establishing SAF tax credit Illinois Gov. JB Pritzker on Feb. 3 signed the Invest in Illinois Act. The legislative package, in part, creates a $1.50 per gallon sustainable aviation fuel (SAF) purchase tax credit to support the supply and use of SAF within the state. READ MORE SHARE
Neste reports strong 2022 performance for renewables Neste Corp. on Feb. 8 released Q4 and full year 2022 financial results, reporting strong performance for its renewable products segment. Renewable diesel demand remained robust and the company highlighted plans for increased SAF prodcution. READ MORE SHARE
USDA maintains forecast for soybean oil use in biofuel production The USDA maintained its forecast for 2022-’23 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Feb. 8. The U.S. soybean outlook is for lower soybean crush and higher ending stocks. READ MORE SHARE
Shell, S&W partner to develop, produce biofuel feedstocks Equilon Enterprises LLC (Shell) and S&W Seed Co. have execution an agreement to establish a joint venture (JV) for the purpose of developing novel plant genetics for oil seed cover crops as feedstocks for biofuel production. READ MORE SHARE
	DOE announces $25.5 million to improve biofuels, bioproducts The U.S. Department of Energy announced $25.5 million in funding to enable the sustainable use of domestic biomass and waste resources, such as agricultural residues and algae, to produce low-carbon biofuels and bioproducts. READ MORE SHARE
USDA: US biodiesel exports up in 2022 The U.S. exported 65,041 metric tons of biodiesel and biodiesel blends of B30 and greater in December, according to data released by the USDA on Feb. 7. Biodiesel exports for the full year reached 753,140.3 metric tons. READ MORE SHARE
Lufthansa Group, VARO Energy partner on SAF The Lufthansa Group and the energy company VARO are expanding their long-standing partnership and have signed a MOU on the production and supply of SAF. This means that VARO could supply the Lufthansa Group large volumes of SAF from as early as 2026. READ MORE SHARE
EIA: US renewable diesel capacity could more than double by 2025 U.S. production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon. READ MORE SHARE
Greenfield Global leverages ag clean technology program funding Greenfield Global Inc., in close collaboration with the University of Alberta’s Faculty of Engineering, is leading the development of a new clean technology that will convert agricultural waste into renewable diesel fuel. READ MORE SHARE