After a speedy startup in 2022, Montana Renewables is bringing 12,000 barrels per day of renewable diesel, SAF and naphtha to the sustainable fuels market. IMAGE: MONTANA RENEWABLES
March 11, 2025
BY Katie Schroeder
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Gevo Inc. CEO Patrick Gruber discussed plans for a proposed 30 MMgy alcohol-to-jet (ATJ) project in North Dakota during the company’s first quarter earnings call, held May 13. The company has not disclosed a timeline for development of the project.
Calumet Inc. on May 9 announced sustainable aviation fuel (SAF) capacity at its Montana Renewables biorefinery is expected to reach 120 MMgy to 150 MMgy sooner than previously reported for a fraction of the originally expected cost.
Aemetis Inc. released Q1 results on May 8, reporting increased biogas production, progress with efficiency improvements at the Keyes ethanol plant, and resumed biodiesel deliveries. Financing activities are also underway for a proposed SAF project.
The U.S. Energy Information Administration maintained its 2025 and 2026 forecasts for renewable diesel and “other biofuel” production, which includes SAF, in its latest Short Term Energy Outlook, released May 6.
Neste Corp. released first quarter financial results on April 29, reporting improved renewable fuel demand and increased SAF production. Margins, however, were low and feedstock costs were high.