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Neste helps Swedish airport, airline fuel flights with SAF

Västflyg aircraft at the Trollhättan-Vänersborg Airport. // Västflyg

November 21, 2023

BY Neste Corp.

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Nippon Paper Industries, Sumitomo and Green Earth Institute partner on SAF

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By Sumitomo Corp.

20 hours ago

Business 

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.

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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.

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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.

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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.

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Calumet Inc. on Feb. 18 announced that its subsidiary Montana Renewables LLC has received the first drawdown of approximately $782 million from its $1.44 billion U.S. DOE loan guarantee. The loan will fund the expansion of SAF production capacity.

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