Neste has agreed to acquire 100 percent of Walco Foods, an Irish trader of animal fats. The acqusition will enhance Neste's supply of waste and residue raw materials for the production of renewable diesel and associated fuels and products.
The U.S. exported 81,132.2 metric tons of biodiesel and biodiesel blends of B30 and greater in June, down from both 100,259.3 metric tons in May and 92,633 metric tons in June 2021, according to data released by the USDA FAS on Aug. 4.
Gevo Inc. has announced a new fuel sales agreement with Alaska Airlines. The agreement provides for Alaska Airlines to purchase 37 million gallons per year of sustainable aviation fuel (SAF) for five years through Gevo's future commercial operations.
Poet, the world's largest producer of biofuels and a leading producer of bioproducts, announced that it has signed a purchase agreement with Savannah Marine Terminal to acquire its rail-to-container transload facility in Savannah, Georgia.
U.S. operatable biofuels production capacity was down slightly in May, according to data released by the U.S. Energy Information Administration on July 29. Feedstock consumption, however, was up when compared to both the prior month and May 2021.
The Nebraska Department of Revenue on Aug. 1 began accepting applications from fuel retailers to claim a recently established sales tax for higher blends of ethanol. Nebraska Gov. Pete Ricketts signed a bill establishing the credit earlier this year.
The Andersons Inc. on Aug. 2 announced the company achieved record quarterly results during Q2 2022. The company's renewables segment, which includes its ethanol operations, generated record pretax income for the three-month period.
U.S. fuel ethanol production was up 2 percent the week ending July 29, according to data released by the U.S. Energy Information Administration on Aug. 3. Weekly ending stocks of fuel ethanol were up slightly.
ACE's Ron Lamberty says he is confident the USDA will anounce the third round of its Higher Blends Infrastructure Incentive Program in August and stresses that ACE is happy to connect retailers with resources to help navigate the application process.
U.S. operatable biofuels production capacity was down slightly in May, according to data released by the U.S. Energy Information Administration on July 29. Feedstock consumption, however, was up when compared to both the prior month and May 2021.
On July 29, the California Air Resources Board posted the Renewable Fuels Association's and Growth Energy's joint multimedia evaluation of E15 blends Tier 1 report, the initial step in a three-tiered evaluation process of the fuel blend.
The U.S. Grains Council recently attended the Busan International Motor Show, where Haksoo Kim, USGC director in South Korea, and Youngjin Lee, USGC administrative manager, operated a promotional booth on behalf of the organization.
Green Plains Inc. operated its facilities at 97 percent capacity during the second quarter of 2022 and expects to break ground on its first commercial-scale clean sugar facility this month, according to comments made by CEO Todd Becker on Aug. 2.
Boeing is strengthening its partnership with Japan by opening a new Boeing Research and Technology center. The facility will focus on sustainability and support a newly expanded cooperation agreement with METI that addresses SAF.
Bayer, Bunge and Chevron U.S.A. Inc., a subsidiary of Chevron Corp., have signed a shareholders' agreement in connection with Bayer's acquisition of a 65 percent majority ownership of the winter oilseed producer CoverCress Inc.
The first phase of Marathon Petroleum's renewable diesel conversion project at its Martinez refinery in California is expected to be mechanically complete by the end of the year, according to comments made by President and CEO Michael Hennigan.
CVR Energy Inc. began operations at its newly converted renewable diesel unit at its Wynnewood refinery in Oklahoma in mid-April. That unit processed approximately 3,100 barrels per day of vegetable oil feedstock during the second quarter.
Western New York Energy has completed a $38 million expansion to produce high-purity alcohol products under the ClearSource brand. The 6,000 square-foot expansion will enable WNYE to produce 15 million gallons of alcohol annually.
On July 28, Growth Energy submitted comments to the U.S. EPA in response to EPA's proposed alternative RIN retirement schedule for small refineries urging the agency to hold small refineries to a Dec. 1, 2022, deadline for 2020 RVO compliance.
E15 works, and it works well. It saves drivers money and even lowers emissions from their vehicles. E15 also helps with growing concerns about energy security. It's not only a domestic product, but also renewable, says RFA's Robert White.
Valero Energy Corp. released second quarter financial results on July 28, reporting record high renewable diesel production volumes and the sale of the company's 110 MMgy ethanol plant located in Jefferson, Wisconsin.
Senate democrats on on July 27 announced an agreement to add the Inflation Reduction Act of 2022 to the FY2022 Budget Reconciliation bill. The legislative package will benefit the U.S. ethanol industry, according to the RFA and Growth Energy.
Spar Shipping AS, Fleet Management Ltd. and GoodFuels on July 28 announced that they have successfully completed a 10-day trial of 100 percent sustainable marine biofuel on board Spar Shipping AS' bulk carrier Spar Lynx.
Representatives of Shell International Petroleum Co Ltd. and Deutsche Lufthansa AG have signed a non-binding MOU for exploring the supply of SAF by Shell to the Lufthansa Group for seven years at airports across the globe, starting in 2024.
Representatives of Shell International Petroleum Co Ltd. and Deutsche Lufthansa AG have signed a non-binding MOU for exploring the supply of SAF by Shell to the Lufthansa Group for seven years at airports across the globe, starting in 2024.
Valero Energy Corp. released second quarter financial results on July 28, reporting record high renewable diesel production volumes and the sale of the company's 110 MMgy ethanol plant located in Jefferson, Wisconsin.
Neste released second quarter financial results on July 28, reporting robust demand for renewable products during the three-month period and record quarterly comparable sales margin of $865 per ton, up from $700 per ton during the Q2 2021.
Due to the expansive geography of Southeast Asia and the cultural norms leaning toward face-to-face business dealings, the USGC's Southeast Asia office partnered to hold the Agricultural Supply Chain Conference earlier this year.
Novozymes introduces Innova Apex and Innova Turbo to the Innova platform. Innova Apex and Turbo are tailored to work in specific fermentation times, enabling ethanol producers to maximize their fermentation process.
Sens. Chuck Grassley, R-Iowa, and Joni Ernst, R-Iowa, on July 26 introduced the Next Generation Fuels Act, which aims to leverage higher-octane fuels to improve engine efficiency and performance. Rep. Cindy Axne, D-Iowa, introduced the bill in 2021.
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