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BIO report demonstrates economic power of US bioeconomy

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By Erin Voegele

12 hours ago

Business 

BIO, in partnership with Kearney, a global management consulting firm, on March 24 released a report showing the U.S. bioeconomy currently contributes $210 billion in direct economic impact to the U.S. economy, excluding healthcare.

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The 2025 International Biomass Conference & Expo, held March 18-20 in Atlanta Georgia, featured of insightful discussions, cutting-edge technology showcases, and unparalleled networking opportunities.

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Airbus is taking a significant step toward scaling the adoption of sustainable aviation fuel (SAF) by testing a new “Book and Claim” approach. This initiative aims to boost both supply and demand for SAF worldwide.

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Signature Aviation, the world’s largest network of private aviation terminals, has announced the expansion of its blended SAF offering at six new locations across Europe following multiple blended SAF supply agreements.

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Universal Fuel Technologies (Unifuel) has completed a successful five-month SAF pilot project. The campaign demonstrated the effectiveness and viability of the company’s Flexiforming technology in producing SAF from various renewable feedstocks.

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China’s exports of used cooking oil (UCO) reached a record high in 2024 but fell sharply in December after the Chinese government eliminated the 13% export tax rebate for UCO, according to a report filed with the USDA.

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Ash Creek Renewables, a portfolio company of Tailwater Capital LLC, on March 20 announced it has secured exclusive licensing rights from Montana State University for a new high-performance camelina seed variety.

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IATA CO2 Connect enhanced with SAF accounting

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By International Air Transport Association

March 24, 2025

The International Air Transport Association has enhanced its IATA CO2 Connect emissions calculator to account for carbon emissions reductions related to the usage of sustainable aviation fuel (SAF).

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Virgin Australia has entered an agreement with Viva Energy to SAF for its flights departing from Proserpine, Queensland. The SAF will consist of Jet A1 and a 30-40% synthetic blend component made from waste and residue feedstocks.

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Aemetis Inc. on March 19 announced the Stanislaus County Board of Supervisors approved an extension of the county’s C-PACE program, which can help private industry finance energy efficiency and renewable energy projects.

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Nearly 1.52 billion RINs were generated under the RFS in February, down more than 25% when compared to the 2.04 billion that were generated during the same month of last year, according to data released by the U.S. EPA on March 20.

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The largest single volume order of sustainable aviation fuel (SAF) by a DB Schenker customer has been placed by Mercedes-Benz. The order is for approximately 13,000 metric tons of SAF and is expected to reduce CO2 emissions by 40,000 metric tons.

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BBI International's Map Data & Content Coordinator Chloe Piekkola provides some statistics on the latest SAF and renewable diesel database update.

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Airbus, Japan Airlines, Nippon Paper Industries, Sumitomo Corp., and Green Earth Institute have signed a MOU to collaborate on the realization of sustainable aviation fuel (SAF) using bioethanol derived from domestic wood.

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President Donald Trump, Ag Secretary Brooke Rollins and EPA Administrator Lee Zeldin on March 18 celebrated National Agriculture Day by honoring America’s farmers, ranchers and producers who provide the world with food, fuel and clothing.

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Clean Fuels Alliance America on March 18 submitted comments supporting USDA on its Technical Guidelines for Climate-Smart Agriculture Crops Used as Biofuel Feedstocks Interim Rule and incorporation of USDA FD-CIC.

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Japan-based Cosmo Oil Co. Ltd. on March 6 announced that construction is complete on a SAF located within the company’s existing Sakai refinery. The facility, operated by Saffaire Sky Energy LLC, is expected to begin supplying SAF in April.

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Clean Fuels Alliance America is urging the U.S. EPA to establish robust, timely RFS volumes for 2026 and beyond and suggesting the agency set the 2026 RFS renewable volume obligation (RVO) for biomass-based diesel at 5.25 billion gallons.

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Ethanol Producer Magazine announced this week the preliminary agenda for the 2025 International Fuel Ethanol Workshop & Expo (FEW) taking place June 9-11, 2025 at the CHI Health Center in Omaha, Nebraska.

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As the Philippines moves toward unlocking the potential of SAF, the USGC collaborated with the Philippines Department of Transportation and Boeing to conduct the first Philippines SAF Summit in Manila.

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Louis Dreyfus Company and Global Clean Energy Holdings Inc. announced on March 11 the renewal for an additional 10 years of their collaboration to promote the cultivation of Camelina sativa (camelina) in South America as an intermediate crop.

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With the U.S.-established SAF Grand Challenge’s 2030 deadline quickly approaching, Comstock Fuels is ready to answer the call.

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Aemetis Inc. released fourth quarter and full year 2024 financial results on March 13, reporting increased revenues for its U.S. ethanol and biogas operations as well as its biodiesel operations in India.

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JetBlue along with its fuel partners marked the first-ever regular supply of sustainable aviation fuel (SAF) for commercial air travel in the region at New York’s John F. Kennedy International Airport (JFK).

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The U.S. Energy Information Administration maintained its outlook for 2025 and 2026 renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released March 11.

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The U.S. EPA on March 12 announced it has kicked off a formal reconsideration of 2009 Endangerment Finding, which forms the legal basis for GHG regulations, and is considering the elimination of the agency’s Greenhouse Gas Reporting Program.

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The USDA reduced its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released March 11. The outlook for soybean oil price was unchanged.

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SK Energy on March 10 announced that it had signed a contract with Cathay to supply no less than 20,000 tons of sustainable aviation fuel (SAF) until 2027. SK Energy has been supplying ISCC certified SAF to Cathey since November 2024.

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