Cathay Director Cargo Tom Owen (right) and DB Schenker Vice President Global Carrier Relation Susanne Stemmer (left) celebrated the new partnership at a signing ceremony at the airline’s Cathay City headquarters. / SOURCE: Cathay Cargo
October 16, 2024
BY Cathay Cargo
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More than 1.99 billion RINs were generated under the RFS in September, up from 1.96 billion generated during the same month of last year. Total RIN generation for the first nine months of the year reached 18.58 billion
Southwest Airlines Co. on Oct. 17 announced a SAF supply agreement with Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp., to bring SAF to Chicago Midway International Airport in the state’s largest announced SAF supply agreement.
Calumet Inc. announced on Oct. 16 that the U.S. Department of Energy Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund SAF capacity expansion at Montana Renewables LLC.
Gevo Inc. on Oct. 16 announced it has received a conditional commitment for a loan guarantee with disbursements totaling $1.46 billion from the U.S. Department of Energy Loan Programs Office for its Net-Zero 1 project (NZ1) in South Dakota.
Terviva Inc. on Oct. 15 announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a biofuel feedstock.