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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Calumet Inc. released Q4 financial results on Feb. 28. During an earnings call, company officials discussed operations at its Montana Renewables facility, changing market dynamics for biobased-based diesel, and the company’s MaxSAF initiative.
XCF Global Capital Inc. on Feb. 24 announced that New Rise Renewables LLC has commenced production of neat SAF. The company has also entered into an irrevocable corporate purchase order for the sale of more than 3 million gallons of SAF.
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.
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.
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.