SOURCE: Calumet Inc.
November 12, 2024
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.
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.
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.
A planned sustainable aviation fuels (SAF) production facility being developed by SkyNRG Americas in Walla Walla, Washington, has been awarded a new $1.5 million grant from the Washington State Department of Commerce.