Business

BIO, in partnership with Kearney, a global management consulting firm, on March 24 released a report showing the U.S. bioeconomy currently contributes $210 billion in direct economic impact to the U.S. economy, excluding healthcare.

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Airbus is taking a significant step toward scaling the adoption of sustainable aviation fuel (SAF) by testing a new “Book and Claim” approach. This initiative aims to boost both supply and demand for SAF worldwide.

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Signature Aviation, the world’s largest network of private aviation terminals, has announced the expansion of its blended SAF offering at six new locations across Europe following multiple blended SAF supply agreements.

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China’s exports of used cooking oil (UCO) reached a record high in 2024 but fell sharply in December after the Chinese government eliminated the 13% export tax rebate for UCO, according to a report filed with the USDA.

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Ash Creek Renewables, a portfolio company of Tailwater Capital LLC, on March 20 announced it has secured exclusive licensing rights from Montana State University for a new high-performance camelina seed variety.

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IATA CO2 Connect enhanced with SAF accounting

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By International Air Transport Association

March 24, 2025

The International Air Transport Association has enhanced its IATA CO2 Connect emissions calculator to account for carbon emissions reductions related to the usage of sustainable aviation fuel (SAF).

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Virgin Australia has entered an agreement with Viva Energy to SAF for its flights departing from Proserpine, Queensland. The SAF will consist of Jet A1 and a 30-40% synthetic blend component made from waste and residue feedstocks.

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Nearly 1.52 billion RINs were generated under the RFS in February, down more than 25% when compared to the 2.04 billion that were generated during the same month of last year, according to data released by the U.S. EPA on March 20.

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The U.S. EPA on March 20 published updated SRE data showing that four new SRE petitions have been filed under the RFS in the past month. According to the agency, 156 SRE petitions are currently pending.

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The largest single volume order of sustainable aviation fuel (SAF) by a DB Schenker customer has been placed by Mercedes-Benz. The order is for approximately 13,000 metric tons of SAF and is expected to reduce CO2 emissions by 40,000 metric tons.

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The U.K. Trade Remedies Authority on March 17 announced it has initiated an anti-dumping investigation and a countervailing investigation into imports of hydrotreated vegetable oil (HVO), commonly known as renewable diesel, from the U.S.

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President Donald Trump, Ag Secretary Brooke Rollins and EPA Administrator Lee Zeldin on March 18 celebrated National Agriculture Day by honoring America’s farmers, ranchers and producers who provide the world with food, fuel and clothing.

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In recognition of National Biodiesel Day, March 18, Pilot is celebrating the installation of the country’s first B99 biodiesel retail offering for commercial fleets at its travel center in Decatur, Illinois.

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Pacific Biodiesel announced that March 18, 2025, has been proclaimed “Pacific Biodiesel Day” in Hawaiʻi by Gov. Josh Green, M.D. The company is the longest operating biodiesel operator in the U.S. and is celebrating its 30th anniversary this year.

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Japan-based Cosmo Oil Co. Ltd. on March 6 announced that construction is complete on a SAF located within the company’s existing Sakai refinery. The facility, operated by Saffaire Sky Energy LLC, is expected to begin supplying SAF in April.

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Florida man sentenced for biofuel fraud conspiracy

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By U.S. Department of Justice

March 14, 2025

The General Manager of a company that produces and sells renewable fuel and fuel credits was sentenced on March 13 to serve 37 months in prison to be followed by a three-year term of supervised release for his role in a RIN fraud scheme.

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Louis Dreyfus Company and Global Clean Energy Holdings Inc. announced on March 11 the renewal for an additional 10 years of their collaboration to promote the cultivation of Camelina sativa (camelina) in South America as an intermediate crop.

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Aemetis Inc. released fourth quarter and full year 2024 financial results on March 13, reporting increased revenues for its U.S. ethanol and biogas operations as well as its biodiesel operations in India.

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JetBlue along with its fuel partners marked the first-ever regular supply of sustainable aviation fuel (SAF) for commercial air travel in the region at New York’s John F. Kennedy International Airport (JFK).

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The U.S. EIA maintained its outlook for 2025 and 2026 biodiesel production in its latest Short-Term Energy Outlook, released March 11. Production forecasts for renewable diesel and sustainable aviation fuel (SAF) were also maintained.

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SK Energy on March 10 announced that it had signed a contract with Cathay to supply no less than 20,000 tons of sustainable aviation fuel (SAF) until 2027. SK Energy has been supplying ISCC certified SAF to Cathey since November 2024.

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Clean Fuels Foundation announces education grant recipient

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By Clean Fuels Alliance America

March 12, 2025

The Clean Fuels Alliance Foundation has awarded Courtney Videchak the 2025 Beth Calabotta Sustainable Education Grant. Videchak is a Mechanical Engineering PhD candidate at the University of Michigan with experience working on diesel engines.

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Iowa Secretary of Agriculture Mike Naig in February named the recipients of the 2025 Renewable Fuels Marketing Awards. Al’s Corner Oil was recognized for ethanol marketing and Pro Cooperative was recognized for biodiesel marketing.

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Natural Resources Canada’s Energy Innovation Program has announced it is now accepting applications for funding to support clean fuels production and clean fuels transportation and storage projects.

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The U.S. government on March 4 implemented new tariffs on a variety of goods from Canada, Mexico and China, including a 10% tariff on biofuels entering the U.S. from Canada. Future retaliatory tariffs could also impact U.S. biofuel exports.

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The Minnesota Senate Taxes Committee on March 3 voted to approved legislation that aims to extend and expand the state’s existing tax credit for sustainable aviation fuel (SAF), which was established in 2023.

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The U.S. strongly objects to a recommendation on “sustainable” aviation fuels focused on multi-cropping made during the 13th triennial meeting of the ICAO Committee on Aviation Environmental Protection.

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Biomass Magazine has announced the six companies selected to pitch to a group of angel investors and venture capital firms at the International Biomass Conference & Expo, taking place March 18-20, 2025, in Atlanta, Georgia.

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Calumet Inc. released Q4 financial results on Feb. 28. During an earnings call, company officials discussed operations at its Montana Renewables facility, changing market dynamics for biobased-based diesel, and the company’s MaxSAF initiative.

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U.S. operable biofuels capacity held steady in December, with no changes for ethanol, biodiesel or renewable diesel, according to data released by the U.S. EIA on Feb. 28. Feedstock consumption was up slightly from the previous month.

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