SOURCE: National Oilseed Processors Association
July 10, 2024
BY National Oilseed Processors Association
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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.
The U.S. EIA maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Feb. 11. The production outlook for other biofuels, including SAF, was also maintained.
Neste Corp. on Feb. 13 released fourth quarter financial results, reporting that its renewables segment was impacted by both market and operational challenges during the three-month period. Sustainable aviation fuel (SAF) sales, however, were up.
The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Feb. 11. The outlook for soybean oil prices was also unchanged.
Verity Holdings LLC, a subsidiary of Gevo Inc., and Landus have announced a new agreement aimed at unlocking added value for farmers through sustainability premiums via export markets.