March 4, 2025
BY BBI International
Advertisement
Advertisement
CVR Energy Inc. on July 30 reported its renewables segment achieved increased throughput during Q2 despite unplanned downtime but reported a net loss of $11 million. The company expects to retroactively claim the 45Z credit for volumes produced.
Total U.S. operable biofuels production capacity expanded in May, with gains for renewable diesel and a small decrease for ethanol, according to data released by the U.S. Energy Information Administration. Feedstock consumption was up.
SAF-producer XCF Global Inc. on July 28 announced it has signed an exclusive, non-binding indication of intent (IOI) with a renewable fuels infrastructure and feedstock solutions company based in the western U.S.
Domestic production of SAF to meet 30% of New Zealand's jet fuel needs by 2050 could generate NZD 1.3 billion in GVA and create 5,700 jobs, while also strengthening fuel security, according to a Cyan Ventures study supported by Boeing.
The Civil Aviation Decarbonization Organization, and 4AIR announced a strategic collaboration between their respective SAF registries. The collaboration's key focus is on interoperability to enhance data integrity and mitigate double issuance risks.