April 23, 2025
BY Erin Voegele
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Gevo Inc. on Aug. 11 released second quarter results, reporting positive net income and positive adjusted EBTIDA for the period. The company also confirmed it is prioritizing development of a 30 MMgy ethanol-to-jet project in North Dakota.
Aemetis Inc. released Q2 results, reporting increase revenue when compared to Q1. During an earnings call, company officials detailed progress with the company’s RNG, ethanol, biodiesel, SAF and carbon CCS projects.
Conestoga Energy on Aug. 14 today announced the acquisition of SAFFiRE Renewables LLC, a process technology company that enables production of ultra-low carbon intensity ethanol and intermediates, from Southwest Airlines Renewable Ventures LLC.
Calumet Inc. on Aug. 8 confirmed its Montana Renewables biorefinery is currently running at full capacity. An initial phase of the company’s MaxSAF initiative remains on track to boost SAF capacity to up to 150 MMgy by mid-2026.
The USDA maintained its outlook for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for soybean oil prices was also unchanged.