SOURCE: U.S. Energy Information Administration
November 8, 2024
BY Erin Voegele
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Biomass Magazine has announced the six companies selected to pitch to a group of angel investors and venture capital firms at the International Biomass Conference & Expo, taking place March 18-20, 2025, in Atlanta, Georgia.
Calumet Inc. released Q4 financial results on Feb. 28. During an earnings call, company officials discussed operations at its Montana Renewables facility, changing market dynamics for biobased-based diesel, and the company’s MaxSAF initiative.
U.S. operable biofuels capacity held steady in December, with no changes for ethanol, biodiesel or renewable diesel, according to data released by the U.S. EIA on Feb. 28. Feedstock consumption was up slightly from the previous month.
The General Court of the European Union on Feb. 27 dismissed a challenge against the ReFuelEU Aviation regulations brought by European biofuel producers last year regarding regulation’s exclusion of crop-based fuels.
The USDA on Feb. 27 released its Grains and Oilseed Outlook for 2025, predicting a modest increase for 2025-’26 soybean production. Soybean oil prices are projected down slightly, and soybean oil use for biofuels Is expected to increase.