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ADM reports strong Q3 for ethanol, negative impacts from biofuel and trade policies

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By Erin Krueger

November 05, 2025

Operations Business 

ADM on Nov. 4 released Q3 financial results, reporting a profitable three-month period for its ethanol operations on improved margins. Overall company operations, however, were negatively impacted by biofuel policy and trade uncertainty.

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The U.S. EPA on Oct. 29 announced it will reopen a comment period related to a proposed extension of an information collection request (ICR) focused on provisions regarding biointermediates under the Renewable Fuel Standard.

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The attorneys general of Iowa, Nebraska and South Dakota have asked leadership at four federal agencies to investigate small refiners that may be manipulating the RFS small refinery exemption (SRE) program to achieve a financial “windfall.”

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XCF Global Inc. has signed a binding term sheet with New Rise Australia Pty. Ltd. (New Rise AU) to accelerate the development of biorefineries in Australia. New Rise AU is expected to build and operate at least three SAF facilities.

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PBF Energy Inc. on Oct. 29 announced the St. Bernard Renewables facility produced approximately 15,400 barrels per day of renewable diesel during the third quarter. Production is expected to expand slightly during the final quarter of the year.

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CVR Energy Inc. on Oct. 29 announced plans to revert the renewable diesel unit at its refinery in Wynnewood, Oklahoma, back to hydrocarbon processing service during the next scheduled catalyst change in December.

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Plug Power Inc. on Oct. 23 announced a strategic partnership with Edgewood Renewables to support the development and construction of its advanced renewable fuel facility in North Las Vegas, Nevada, that will produce SAF and renewable diesel.

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Neste Corp. on Oct. 29 announced sales of SAF reached a record 251,000 metric tons during Q3. The company’s renewable products segment reported improved EBTIDA, comparable sales margins and sales volumes for the three-month period.

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Phillips 66 doubled its production of SAF during the Q3 and expects additional increases in production to be realized in Q4, according to statements made during the company’s third quarter earnings call on Oct. 29.

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The International Biomass Conference & Expo and the American Boiler Manufacturers Association BOILER Expo are joining forces in 2026 for an unprecedented colocation event in Nashville, Tennessee, March 31 – April 2, 2026.

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Parkland Corp. released Q3 results on Oct. 27, reporting that the volume of biobased feedstock co-processed at its Burnaby Refinery was up 50%. The company also announced its previously announced purchase by Sunoco LP is expected to close Oct. 31.

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The Texas Commission on Environmental Quality of offering $12 million in grants to support the development of alternative fueling facilities to supply CNG, LNG, hydrogen, biodiesel blends of B20 or greater, propane, electricity or methanol.

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Italy-based energy company Eni on Oct. 24 released Q3 results, reporting that its Enilive business segment processed 315,000 metric tons of biobased feedstock during the three-month period, up 14% when compared to the same period of 2024.

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Montana Renewables, in collaboration with Calumet Montana Refining, has commissioned onsite blending and shipping facilities to offer a nominal 50/50 blend of renewable and fossil jet fuel certified under ASTM D7566 and ASTM D1655 specifications.

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The pace of capacity additions for U.S. biofuel production slowed in 2024, with production capacity increasing by a modest 3% from the start of 2024 to the start of 2025, according to the EIA's latest biofuels production capacity reports.

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Buffalo Biodiesel Inc. announced that it has successfully resolved recent permitting matters with the New York State Department of Environmental Conservation (DEC) and is moving forward with a clear path toward continued growth and expansion.

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Par Pacific Holdings Inc. on Oct. 21 announced the successful closing of Hawaii Renewables LLC, a joint venture to construct a renewable fuels facility and produce renewable fuels at Par Pacific’s refinery in Kapolei, Hawaii.

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Airbus and the Cathay Group on Oct. 21 announced a joint investment of up to US$70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally.

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Valero Energy Corp. on Oct. 23 released Q3 results, reporting a profitable three-month period for its ethanol segment on record high production. Valero’s renewable diesel segment, which also includes SAF, reported a loss for the quarter.

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Neste and United Airlines have expanded their existing partnership to supply SAF to three new major airports in the U.S., including George Bush Intercontinental Airport, Newark Liberty International Airport, and Dulles International Airport.

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Eni has announced plans to develop a 500,000-metric-ton-per-year biorefinery at its existing industrial site in Priolo, Sicily. The facility, which will produce renewable diesel and SAF, is expected to be operational in 2028.

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SABR welcomes new board members

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By Sustainable Advanced Biofuel Refiners Coalition

October 23, 2025

The Sustainable Advanced Biofuel Refiners (SABR) Coalition has welcomed three new leaders to the board of directors: Ron Kindred, Kerry Fogarty and Chad Gawryliuk. The trio will join nine other directors in representing SABR members.

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XCF Global Inc.’s biorefinery located near Reno, Nevada, could resume SAF production as early as the first quarter of 2026, according a second quarter financial report filed with the U.S. Securities and Exchange Commission on Oct. 16.

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Carolina Renewable Products to develop renewable diesel, biochar plant in South Carolina

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By Office of South Carolina Gov. Henry McMaster

October 17, 2025

Carolina Renewable Products, a clean energy company, on Oct. 7 announced it is establishing operations in Orangeburg County, South Carolina. The proposed facility will convert woody biomass into renewable diesel, biochar and wood vinegar.

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European logistics company Exolum on Oct. 15 announced its decision to invest £4.5 million in creating the U.K.’s first independent sustainable aviation fuel (SAF) blending facility at Redcliffe Bay in south-west England.

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The U.S. EPA on Oct. 16 released data showing more than 1.92 billion RINs were generated under the RFS in September, down approximately 9% when compared to last year. Total RIN generation for the first nine months of 2025 reached 17.13 billion.

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Honda Aircraft Co. on Oct. 13 announced it has become the first twin-turbine very light business jet manufacturer to utilize the HondaJet on a successful test flight running a 100% blend of sustainable aviation fuels (SAF).

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FutureFuel Corp. on Oct. 15 announced that the company is optimistic it will be able to restart its 59 MMgy biodiesel plant in Batesville, Arkansas, during the fourth quarter due to improving economics and regulatory clarity.

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Gulfstream Aerospace Corp. on Oct. 13 announced its fleet of corporate, demonstration and support aircraft has surpassed 3 million nautical miles flown on SAF. The company plans to increase its SAF usage by 50% this year.

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An energy pilot program at Westchester County Airport in New York has confirmed that renewable diesel delivers both financial and environmental benefits. The county tested the biobased fuel on 64 pieces of ground service equipment.

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