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Agriculture and Agri-Food Canada awards C$6.59 million to Bioindustrial Innovation Canada

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By Erin Voegele

August 21, 2024

BusinessPolicy

The Canadian government on Aug. 19 announced it will award up to C$6.59 million to Bioindustrial Innovation Canada to support the development of technologies to produce bioenergy, biofuels and biomaterials.

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Topsoe has signed an agreement with HOLBORN Europa Raffinerie GmbH (HOLBORN), to provide its HydroFlex technology for the production of SAF and renewable diesel at its plant in Hamburg, Germany.

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DB Cargo U.K. has announced that all trains it operates for Drax Group in and out of the U.K.’s largest renewable energy plant near Selby, will be powered by environmentally friendly hydro-treated vegetable oil (HVO).

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Tidewater Renewables Ltd. on Aug. 15 reported that its biorefinery in Prince George, British Colombia, operated at near capacity during Q2. Work is progressing on a potential SAF project and the company is working to improve financial liquidity.

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The USDA on Aug. 16 awarded $90.3 million in Higher Blends Infrastructure Incentive Program grants to 89 projects in 26 states. The investments will help business owners install and upgrade fueling infrastructure.

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The Federal Aviation Administration on Aug. 16 awarded $244.5 million to 22 projects that produce, transport, blend or store sustainable aviation fuel (SAF) and for scoping studies related to SAF infrastructure needs.

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More than 2.24 billion RINs were generated under the RFS in July, up from 1.99 billion generated during the same period of last year. Total RIN generation for the first seven months of 2024 reached 14.42 billion.

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The U.S. EPA on Aug. 15 released updated SRE data, reporting that two new SRE petitions were filed under the RFS during the past month. A total of 48 SRE petitions are now pending, up from 46 that were pending as of mid-July.

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There were 56 biodiesel plants with a combined 2.09 billion gallons per year of production capacity in the U.S. as of Jan. 1, 2024, according to data released by the U.S. Energy Information Administration on Aug. 15.

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The U.S. was home to 22 renewable diesel plants with a combined 4.328 billion gallons of annual production capacity as of Jan. 1, 2024, according to data released by the U.S. Energy Information on Aug. 15.

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Honeywell and Repsol on Aug. 12 announced a collaboration to create new production pathways for biofuels and circular materials. The two will also explore the possible integration of these methods into Repsol’s existing facilities.

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The California Air Resources Board on Aug. 12 published a notice outlining modifications to its proposed LCFS amendments, including those related annual carbon intensity (CI) targets, biomass-based diesel feedstocks, and SAF.

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The Surface Transportation Board is seeking nominees to fill five vacancies on its Rail Energy Transportation Advisory Committee. One vacancy is to be filled by a biofuel producer or feedstock grower.

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The 2024 North American SAF Conference & Expo will consist of panels that describe the newest developments in the SAF Industry. Topics such as biofuel crops, federal policies, the increase of SAF usage worldwide, and more will be presented.

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Calumet Inc. on Aug. 9 released Q2 financial results for Calumet Specialty Products Partners L.P., reporting the company’s Montana Renewables business achieved record SAF production of approximately 7 million gallons.

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Vertex Energy Inc. on Aug. 8 announced it has ceased renewable diesel production at its refinery in Mobile, Alabama. The company is working to convert its hydrocracker back to conventional service and expects to be processing crude oil by Q4.

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Castlerock Green Energy LLC has announced the receipt of an investment of approximately $9 million by Nexus Development Capital LLC into Castlerock Biofuels LLC, a joint venture company led by CGE and Ensyn Corp.

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The U.S. exported 67,622.2 metric tons of biodiesel and biodiesel blends of B30 and greater in June, according to data released by the USDA Foreign Agricultural Service on Aug. 6. Biodiesel imports reached 99,610.1 metric tons for the month.

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KBR announced on Aug. 6 that Avina Clean Hydrogen Inc. has selected the sustainable aviation fuel technology, PureSAF, for its project in the US. Developed by Swedish Biofuels, PureSAF technology is exclusively licensed by KBR worldwide.

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Delek U.S. Holdings Inc. on Aug. 6 announced it has idled its biodiesel plants located in Crossett, Arkansas; Cleburne, Texas; and New Albany, Mississippi. The decision to idle the facilities was driven by the decline in the biodiesel market.

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Imperial Oil Ltd. on Aug. 2 confirmed that construction continues to advance on the renewable diesel project under development at its Strathcona refinery near Edmonton, Alberta. The project’s main reactor was installed during Q2.

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MAIRE has announced that NEXTCHEM (Sustainable Technology Solutions) was been awarded a feasibility study along with PT Tripatra Engineers and Constructors for a sustainable aviation fuel (SAF) project located in Sei Mangkei, Indonesia.

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Aemetis Inc., a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products that replace fossil fuels, on Aug. 1 announced Q2 2024 revenues were up 48% when compared to the same period of 2023.

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Gunvor Group has announced it will partner with VARO Energy to build a large-scale biorefinery at the Gunvor Energy Rotterdam site that will be capable of producing sustainable aviation fuel (SAF) and renewable diesel.

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Pittsburgh-based Optimus Technologies built a patented system – and continues to prove – that some long-held beliefs about B100’s performance in extreme cold should follow the way of the dinosaurs.

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PETRONAS, Enilive and Euglena have reached the final investment decision to develop a biorefinery in Malaysia that will produce SAF and renewable diesel. The project is expected to be operational by the second half of 2028.

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Operable U.S. biofuel capacity expanded in May, with gains for ethanol, biodiesel and renewable diesel, according to data released by the U.S. Energy Information Administration on July 31. Feedstock consumption was down.

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PBF Energy Inc. on Aug. 1 announced that its St. Bernard Renewables facility produced approximately 16,500 barrels per day of renewable diesel during the Q2 2024. Like many renewable diesel producers, the company is also considering a pivot to SAF.

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Sens. Sherrod Brown, D-Ohio, and Roger Marshall, R-Kan., and 13 of their colleagues are urging Treasury Secretary Janet Yellen to restrict the 45Z Clean Fuel Production Credit to fuels made from domestic feedstocks.

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Neste and HELLENiQ ENERGY, one of Southeast Europe's leading energy groups, have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki, Greece.

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