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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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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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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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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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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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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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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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Clean Fuels Foundation announces education grant recipient

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By Clean Fuels Alliance America

March 12, 2025

The Clean Fuels Alliance Foundation has awarded Courtney Videchak the 2025 Beth Calabotta Sustainable Education Grant. Videchak is a Mechanical Engineering PhD candidate at the University of Michigan with experience working on diesel engines.

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Honeywell on Feb. 26 announced that Taiyo Oil Co. Ltd. has chosen the Honeywell UOP Ethanol to Jet (ETJ) technology to produce sustainable aviation fuel (SAF) at its Okinawa Operations in Japan. The facility is expected to begin operations in 2029.

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Natural Resources Canada’s Energy Innovation Program has announced it is now accepting applications for funding to support clean fuels production and clean fuels transportation and storage projects.

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Haffner Energy, a solid biomass-to-clean fuels solutions provider, and ATOBA Energy, a sustainable aviation fuel (SAF) aggregator, are joining forces to accelerate the development of SAF projects and facilitate their financing.

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The Minnesota Senate Taxes Committee on March 3 voted to approved legislation that aims to extend and expand the state’s existing tax credit for sustainable aviation fuel (SAF), which was established in 2023.

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US objects to SAF recommendation at ICAO meeting

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By U.S. Department of State

March 05, 2025

The U.S. strongly objects to a recommendation on “sustainable” aviation fuels focused on multi-cropping made during the 13th triennial meeting of the ICAO Committee on Aviation Environmental Protection.

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Biomass Magazine has announced the six companies selected to pitch to a group of angel investors and venture capital firms at the International Biomass Conference & Expo, taking place March 18-20, 2025, in Atlanta, Georgia.

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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.

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U.S. operable biofuels capacity held steady in December, with no changes for ethanol, biodiesel or renewable diesel, according to data released by the U.S. EIA on Feb. 28. Feedstock consumption was up slightly from the previous month.

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CARB on Feb. 26 released an updated market notice that outlines its plans for addressing regulatory clarity issues identified by the OAL that have delayed implementation of the LCFS amendments approved by CARB last year.

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