December 20, 2024
BY NATSO
Advertisement
Advertisement
In celebration of World Biodiesel Day, MOL Group on Aug. 8 announced SAF was successfully produced for the first time at INA’s Rijeka Refinery during a pilot project to process biocomponent. Renewable diesel was also produced.
LG Chem and Enilive have taken a major step toward biofuels growth by breaking ground on Korea’s first hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF) production plant in LG Chem’s Daesan Chemical Complex.
Chevron Lummus Global announced a successful commercial test for coprocessing biogenic feedstocks and fossil feedstocks at INA Group's Rijeka Refinery in Croatia. SAF and renewable diesel were produced during the test.
Phillips 66 on July 25 released Q2 financial results, reporting the company’s Rodeo Renewable Energy Complex in California continues to run at reduced rates due to market conditions. Pre-tax income for the renewables segment was up when compared to Q1.
While final IRS guidance is still pending, the foundation of the 45Z program is well defined. Clean fuel producers should no longer be waiting; they can now move forward with critical planning and preparation, according to EcoEngineers.