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Study: US oilseed industry ready to meet higher RFS obligations

SOURCE: National Oilseed Processors Association

July 10, 2024

BY National Oilseed Processors Association

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MOL Group successfully tests the production of HVO and SAF

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By MOL Group

4 hours ago

Advanced Biofuels Operations 

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.

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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.

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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.

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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.

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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.

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