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Aemetis: India biodiesel plant supplies fuel to APSRTC for busses

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By Aemetis Inc.

March 17, 2021

BusinessDistributionProductionUseAsia/Pacific

Aemetis Inc. announced March 16 that its Universal Biofuels subsidiary located in the Andhra Pradesh state of India was selected by the APSRTC to supply approximately 800,000 gallons per month of biodiesel to fuel public transport busses.

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Neste has announced plans to develop new renewable products production capacity in Rotterdam in the Netherlands rather than Porvoo, Finland. A final investment decision is expected to be made in late 2021 or early next year.

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Eric McAfee, CEO of Aemetis Inc., confirmed that the company's California ethanol plant is currently running at capacity during a fourth quarter earnings call held March 11. He also provided an update of the company's advanced biofuel initiatives.

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Marathon Petroleum Corp. announced on March 2 that is proceeding with plans to produce renewable diesel at its petroleum refinery in Martinez, California. Once the conversion is complete, the facility will produce 730 MMgy of renewable fuels.

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Representatives of Calumet Specialty Products Partners L.P. discussed the company's plan to produce renewable diesel at its existing petroleum refinery in Great Falls, Montana, during a fourth quarter earnings call on March 3.

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Neste has announced its previously announced acquisition of Bunge Loders Croklaan's refinery plant in Rotterdam closed March 1. Neste will modify the facility to pretreat feedstock for renewable diesel production.

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U.S. biodiesel production reached 159 million gallons in December 2020, up from 151 million gallons the previous month and up from 133 million gallons in December 2019, according to data released by the U.S. EIA on Feb. 26.

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Renewable Energy Group Inc. released fourth quarter financial results on Feb. 25, reporting the company produced a record volume of biofuel in 2020. Company officials also detailed adjustments it is making to correct an error related to fuel blending

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The U.S. EPA has released renewable identification number (RIN) generation data for January, reporting that more than 1.4 billion RINs were generated during the month, down from 1.57 billion generated during the same month of 2020.

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Cielo Waste Solutions has announced its first significant sale of renewable fuels with a purchase commitment for 900,000 liters (238,000 gallons) of renewable diesel at CAD$1.67/liter for an aggregate purchase price of CAD $1.5 million.

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The USDA predicts that 8.6 billion pounds of soybean oil will go to biodiesel production annually by 2030, up from 8.15 billion pounds in 2021-'22, according to data released by the agency as part of its long-term agricultural projections.

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Calumet Specialty Products Partners L.P. on Feb. 16 announced plans to produce renewable diesel at its petroleum refinery in Great Falls, Montana. The company is expected to discuss the project during its fourth quarter earnings call on March 3.

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Maire Tecnimont, through its subsidiary NextChem and Essential Energy USA Corp., on Feb. 15 executed a front-end engineering design contract as well as a memorandum of understanding for the construction of a renewable diesel plant in South America.

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Fulcrum BioEnergy Ltd. on Feb. 16 announced plans to develop a 30 MMgy sustainable aviation fuel (SAF) plant at Essar Oil (UK) Ltd.'s refinery near Liverpool, England. The project could be operational as soon as 2025.

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The U.S. Energy Information Administration released its Annual Energy Outlook 2021 (AEO2021) on Feb. 3, predicting that the consumption of biofuels as a share of the domestic fuel mix will gradually increase through 2050.

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Legislation recently introduced in Iowa that aims to establish a state biofuels standard would create more than 3,500 new jobs and generate nearly $550 million in household income by 2026, according to a study released by the IRFA on Feb. 15.

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Marathon Petroleum Corp. has announced its renewable diesel facility in Dickinson, North Dakota, is currently ramping up operations and is on track to reach full production by the end of the first quarter.

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The U.S. Energy Information Administration has released data showing U.S. biodiesel production reached 151 million gallons in November 2020, down 9 million gallons from the previous month, but up 24 million gallons from November 2019.

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NetJets on Feb. 4 announced it has made an investment in WasteFuel, a waste to fuel company that aims to transform landfill waste into SAF. NetJets will also purchase a minimum of 100 million gallons of WasteFuel's SAF over the next decade.

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Velocys plc has signed a collaboration agreement with Toyo Engineering Corp. to start the development of their commercial projects to produce sustainable aviation fuel (SAF) and other renewable fuels in Japan.

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Neste released fourth quarter financial results on Feb. 5, reporting that its renewable products segment proved to be very resilient despite the impacts of the COVID-19 pandemic, with increased sales volumes and strong sales margins.

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The National Biodiesel Board has appointed Liz McCune as director of communications. With an in-depth background in strategic communications, McCune is passionate about storytelling and building relationships with industry partners.

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Rep. Julia Brownley, D-Calif., on Feb. 3 reintroduced the Sustainable Aviation Fuel Act, which aims to incentivize the production of sustainable aviation fuel (SAF), including the establishment of an aviation-only Low Carbon Fuel Standard.

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Sens. John Thune, R-S.D., and Amy Klobuchar, D-Minn., on Feb. 3 reintroduced legislation that aims to require the U.S. EPA to update its outdated greenhouse gas (GHG) modeling for ethanol and biodiesel.

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A new study released Feb. 2 finds biofuels continue to have a significant positive impact on Iowa's economy, but recent market challenges reduced the job and household income impacts of ethanol and biodiesel production in the state.

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Secretary of agriculture nominee Tom Vilsack stressed the important role biofuels and bioenergy will play in meeting the Biden administration's climate goals during a Feb. 2 hearing before the Senate Committee on Agriculture, Nutrition and Forestry.

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Aemetis Inc. on Feb. 1 announced the opening of a bid proposal process for $2 billion in offtake contracts for the launch of its proposed 25 MMgy biorefinery in Riverbank, California, that will produce jet fuel, renewable diesel and other byproducts.

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UPM is moving forward with its biofuels growth plans and has started basic engineering for a next generation biorefinery. The facility would have an annual capacity of 500,000 metric tons of high-quality renewable fuels, including SAF.

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Valero has announced it will immediately move forward with the development of a new 470 MMgy renewable diesel plant at its refinery in Port Arthur, Texas. Expansion projects are also underway at the company's existing Diamond Green Diesel facility.

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Following a redevelopment of Preem's Green Hydro Treater plant in Gothenburg, Sweden, the plant's production capacity of renewable diesel is increased by 40 percent. For the first time, the GHT plant is able to produce 100 percent renewables.

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