February 20, 2025
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MOL Group has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the refinery of Slovnaft in Bratislava. The quality of the products has been verified by radioisotope analysis.
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.
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.
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.