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ExxonMobil acquires stake in Biojet AS

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By ExxonMobil

January 11, 2022

BusinessFeedstocksProductionUseNorth AmericaEurope

ExxonMobil has announced it is acquiring a 49.9 percent stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.

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The U.S. EPA on Jan. 10 delivered a proposed rule that aims to create canola oil fuel pathways under the RFS for renewable diesel, jet fuel, naphtha and liquid propane gas (LPG) to the White House Office of Management and Budget.

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U.S. biofuels production capacity expanded to nearly 20.87 billion gallons per year in October, according to data released by the U.S. Energy Information Administration on Dec. 30. Feedstock consumption was also up significantly.

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U.S. biofuels production capacity expanded to nearly 20.87 billion gallons per year in October, according to data released by the U.S. Energy Information Administration on Dec. 30. Feedstock consumption was also up significantly.

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The USDA recently released its Grain Crushings and Co-Products Production report for December, reporting that corn use for fuel ethanol production in October was up significantly from both the previous month and the same period of 2020.

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Darling Ingredients to acquire Valley Proteins

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By Darling Ingredients Inc.

December 29, 2021

Darling Ingredients Inc.has entered into a definitive agreement to acquire all of the shares of Valley Proteins Inc. for approximately $1.1 billion in cash. Valley Proteins operates 18 major rendering and used cooking oil faciliites in the U.S.

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The DOE is seeking input from biofuels producers and technology developers about their readiness to scale certain process technologies. The agency is also interested in learning how existing first-generation biofuel indsutries can be leveraged.

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The USDA's Commodity Credit Corp. announced Dec. 23 that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2021, which runs from Oct. 1, 2021 through Sept. 30, 2022.

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The DOE is seeking input from biofuels producers and technology developers about their readiness to scale certain process technologies. The agency is also interested in learning how existing first-generation biofuel indsutries can be leveraged.

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CGB Enterprises Inc. and Minnesota Soybean Processors (MnSP) on Dec. 22 announced that they have formed a joint venture for the construction of a state-of-the-art soybean processing plant near Casselton, North Dakota.

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The U.S. EPA will host a virtual public workshop on GHG modeling for biofuels on Feb. 28 - March 1. Information gathered through the event will be used to inform a range of current and future actions, including those related to the RFS.

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Continental Refining Co. on Dec. 21 broke ground on its new soybean crushing, biodiesel refining and blending facility in Somerset, Kentucky, a project creating 20 full-time jobs with a $26.8 million investment.

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The U.S. EPA will host a virtual public workshop on GHG modeling for biofuels on Feb. 28 - March 1. Information gathered through the event will be used to inform a range of current and future actions, including those related to the RFS.

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As pandemic restrictions ease and demand for air travel returns, the business aviation industry is doubling down on sustainable aviation fuels (SAF) and other measures that support its ambitious climate commitments.

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National Farmers Union is speaking out in support of the U.S. EPA's plan to undertake rulemaking in 2022 to develop Renewable Fuel Standard canola oil pathways for renewable fuels, including renewable diesel and jet fuel.

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Ag and oil are intersecting in North Dakota with a new joint venture between ag giant Archer Daniels Midland and top-ranked petroleum energy company Marathon Petroleum Corp.

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A new USDA program could soon establish the quantification and verification protocols necessary for long-awaited climate-smart farming incentives, which could begin to scale ethanol's role in an increasingly decarbonized transportation sector.

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The future holds immense potential for bioenergy, especially biodiesel and SAF, and hemp will be a key component in that bioenergy future.

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A few hours north of New Orleans, where two massive renewable diesel plants already operate, a smaller project with huge implications for both biofuels and CCS is moving forward.

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Marathon Petroleum Corp. and ADM on Dec. 14 announced the closing of their joint venture to produce soybean oil to supply the rapidly growing demand for renewable diesel fuel. The joint venture will own an operate a facility in North Dakota.

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The NBB has welcomed the release of a new report, "The Economic Benefits of the Biodiesel Blenders' Credit," from Capital Policy Analytics. The report calculates annual economic and environmental benefits of U.S. biodiesel production.

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ICM has signed an agreement with an affiliate of Summit Agricultural Group to develop a wheat protein ingredients production facility next to Prairie Horizon Agri-Energy. Residual starch produced at the facility will be used as biofuel feedstock.

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Bayer, Bushel and Amazon Web Services have unveiled Project Carbonview, a data solution that will enable U.S. ethanol producers to report, analyze and better assess their end-to-end supply chain carbon footprint.

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Applied Research Associates Inc. is licensing its patented Hydrothermal Cleanup feedstock pretreatment technology (HCU Pretreat) to Sinclair Wyoming Refining Co. for a renewable feedstock pretreatment unit at Sinclair's refinery in Wyoming.

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Sen. Dianne Feinstein, D-Calif., on Dec. 7 sent a letter to EPA Administrator Michael Regan urging the agency to revise the RFS to allow biomass harvested from federal land as part of wildfire mitigation efforts to be an eligible feedstock.

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The Biden administration has signaled its intent to publish a proposed rule setting RFS RVOs for 2023 and beyond next spring. A variety of other rulemakings impacting biofuel producers are also scheduled taken up by federal agencies in the near-term.

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The USDA maintained its forecast for 2021-'22 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released Dec. 9. The 2021-'22 outlooks for corn supply, use and season-average farm price were also unchanged.

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Praj Industries Ltd. announced innovative solution to process sugarcane juice into a new sustainable feedstock Biosyrup for round the year ethanol production. The technology allows the feedstock to be stored for up to 12 months.

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The USDA maintained its 2021-'22 forecast for soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Dec. 9. Soybean supply and use projections for 2021-'22 were also unchanged.

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Growing demand for biomass-based diesel advanced biofuels can be met with projected supply of lipid feedstocks through 2030 without encroaching on food resources, finds a new study from LMC International, commissioned by the ABFA.

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