Biodiesel World News

Neste: Renewable diesel, SAF sales volumes up in Q2 Neste released second quarter financial results on July 27, reporting robust demand for renewable diesel and relatively stable feedstock pricing. SAF and renewable diesel sales were up 17 percent when compared to the second quarter of 2022. READ MORE SHARE
Imperial Oil begins work on renewable diesel project in Alberta Imperial Oil Ltd. on July 28 announced work is underway to construct a renewable diesel facility at the company’s Strathcona refinery near Edmonton, Alberta. The 20,000-barrel-per-day project is expected to begin production in 2025. READ MORE SHARE
	CVR nears completion of feedstock pretreatment unit CVR Energy Inc. expects the feedstock PTU at its Wynnewood refinery in Oklahoma to become operational in Q4. The company is also in discussions with potential partners to develop an additional renewables project that could include SAF capacity. READ MORE SHARE
Marathon: Phase II of Martinez conversion to be complete in 2023 Marathon Petroleum Corp. announced that feedstock pretreatment capabilities at its Martinez Renewable Fuels facility in California are expected to come online this year. Total production capacity is expected to reach 730 MMgy by the end of 2023. READ MORE SHARE
EIA: Biofuel capacity down in May, feedstock use up Operable biofuels production capacity in the U.S. fell slightly in May, with reductions for both ethanol and biodiesel, according to date released by the U.S. EIA on July 31. Feedstock consumption was up from both the previous month and May 2022. READ MORE SHARE
Valero reports strong Q2 for renewable fuels Valero Energy Corp. released second quarter financial results on July 27, reporting improved operating income for both its renewable diesel and ethanol business segments. The company also said its SAF project is progressing on schedule. READ MORE SHARE
	Iowa awards $1.6 million in biofuel infrastructure grants The Iowa Renewable Fuels Infrastructure Program board approved 35 project applications totaling more than $1.6 million during its quarterly board meeting on July 20. The awards support both ethanol and biodiesel projects. READ MORE SHARE
Vertex: Renewable diesel unit achieves phase 1 target Vertex Energy Inc. on July 25 announced the renewable diesel unit at its refinery in Mobile, Alabama, achieved the company’s phase 1 installed capacity target of 8,000 barrels per day during the second quarter. READ MORE SHARE
EPA: 2.04 billion RINs generated in June More than 2.04 billion RINs were generated under the RFS in June, up from 1.86 billion generated during the same month of last year, according to data released by the U.S. EPA. Total RIN generation for the first half of 2023 reached 11.39 billion. READ MORE SHARE
CSX tests B20 in Florida locomotive fleet CSX in 2022 began testing B20 in a locomotive fleet serving a Tampa, Florida, to demonstrate the effectiveness of the biodiesel fuel blend in Wabtec FDL Advantage engines, and the project continues to yield impressive results. READ MORE SHARE
EIA: Nearly all US renewable diesel is consumed in California California accounts for nearly all renewable diesel consumption in the United States, but most of it isn’t made in the state. More than eight times the renewable diesel was consumed in California than was produced there in 2021. READ MORE SHARE
NREL release assessment of BQ-9000 biodiesel properties for 2022 NREL released its Assessment of BQ-9000 Biodiesel Properties for 2022. The report documents the quality of biodiesel from U.S. and Canadian-based producers that participate in the industry’s voluntary quality assurance program, BQ-9000. READ MORE SHARE