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DOE announces $20.2 million in projects to advance development of mixed algae for biofuels and bioproducts

November 15, 2024

BY U.S. Department of Energy

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Desmet awarded contract by LG-ENI Biorefining for HVO pretreatment plant in South Korea

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By Desmet

6 hours ago

Advanced Biofuels Business 

Desmet has been awarded a new contract by LG-ENI Biorefining, a joint venture between LG Chem and ENI Italy, to will deliver a HVO pretreatment plant in Daesan, South Korea. The biorefinery will produce SAF, renewable diesel and naphtha.

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CoBank latest quarterly research report highlights current challenges facing the biobased diesel industry. The report cites policy uncertainty and trade disruptions due to tariff disputes as factors impacting biofuel producers.

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The USDA on April 14 announced the cancellation of its Partnerships for Climate-Smart Commodities program. Select projects that meet certain requirements may continue under a new Advancing Markets for Producers initiative.

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The USDA reduced its outlook for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released April 10. The outlook for soybean oil pricing was revised up.

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The U.S. Energy Information Administration reduced its 2025 forecasts for renewable diesel and biodiesel in its latest Short-Term Energy Outlook, released April 10. The outlook for “other biofuel” production, which includes SAF, was raised.

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