SOURCE; International Air Transport Association
July 11, 2024
BY International Air Transport Association
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Nippon Paper Industries Co. Ltd., Sumitomo Corp., and Green Earth Institute Co. Ltd. have announced plans to form a JV, Morisora Bio Refinery LLC, which will focus on the production and sale of ethanol and chemicals from woody biomass.
More than 1.76 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, down from 1.91 billion generated during the same period of 2024, according to data released by the U.S. EPA on Feb. 20.
OMV Petrom has announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery in Romania. The new facility will have an annual capacity of 250,000 tons.
CVR Energy Inc. released fourth quarter financial results on Feb. 18, reporting reduced renewable diesel production. The company also said it is pausing development of SAF capacity pending clarity on government subsidies.
CARB on Feb. 18 announced that amendments to its LCFS program that were approved in November 2024 have been put on hold following the California Office of Administrative Law’s decision to disapprove the amendments due to clarity issues.