SOURCE: U.S. Energy Information Administration
March 4, 2025
BY Erin Voegele
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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.
CARB on Feb. 26 released an updated market notice that outlines its plans for addressing regulatory clarity issues identified by the OAL that have delayed implementation of the LCFS amendments approved by CARB last year.
Comstock Inc. on Feb. 28 announced a new $14 million investment and strategic collaboration with Marathon Petroleum Corp. to advance its lignocellulosic biomass refining solutions to commercial maturity.
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.