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.
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.
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.
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.
There are different market options for renewable naphtha, both as a SAF byproduct and coproduct.
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 pauses development of potential SAF projects pending regulatory, tax credit clarity
February 20, 2025
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.
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.
Phillips 66 on Jan. 31 released fourth quarter financial results, reporting improved earnings for its renewable fuels segment on higher margins for its Rodeo complex in California and stronger international results.
U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.
Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.
Enilive has announced commissioning is underway at it’s the Gela biorefinery in on the Italian island of Sicily. The facility has the capacity to produce 400,000 metric tons per year of sustainable aviation fuel (SAF).
The U.S. EPA on Jan. 17 released updated data showing that more than 25.22 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in 2024, up from 23.85 billion in 2023.
The U.S. EPA on Dec. 19 released data showing that 2.03 billion RINs were generated under the RFS in November, up from 2.01 billion generated during the same month of 2023. Nearly 22.9 billion RINs were generated during the first 11 months of 2024.
Parkland announced it has successfully produced Canada’s first batch of low carbon aviation fuel (SAF) at its Burnaby Refinery in British Columbia. The fuel was primarily produced from non-food grade canola oil and tallow feedstocks.
U.S. ethanol and biodiesel capacity held steady in September, while renewable diesel capacity fell slightly, according to data released by the U.S. EIA on Nov. 29. Feedstock consumption was down when compared to the previous month.
Aemetis Inc. on Nov. 12 released Q3 financial results, reporting increased revenue for its California ethanol, India biodiesel and dairy RNG business segments. Development also continues on the company’s SAF and CCS projects.
Calumet Inc. on Nov. 8 released third quarter financial results and outlined plans for the development of Montana Renewables’ MaxSAF initiative, which will be supported by a U.S. Department of Energy loan guarantee.
Gevo Inc. released Q3 financial results on Nov. 7, discussing the impact of the conditional commitment for its DOE loan guarantee and confirming the company’s acquisition of Red Trail Energy remains on track to close in early 2025.
U.S. operable biofuels capacity was at 24.9 billion gallons per year in August, down slightly from the previous month, according to data released by the U.S EIA. Feedstock consumption was up when compared to the previous year.
CVR Energy Inc. on Oct. 29 announced that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed 19.6 million gallons of vegetable oil feedstock during the third quarter, down from 23.8 million gallons during the same period of 2023.
Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.
Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).
Valero Energy Corp. released Q3 financial results on Oct. 24, reporting increased production for both its ethanol and renewable diesel segments. Valero’s SAF project is expected to be fully operational before the end of the year.
Capacity to produce biofuels increased 7% in the United States during 2023, reaching 24 billion gallons per year (gal/y) at the start of 2024, led by a 44% increase in a category the EIA calls renewable diesel and other biofuels.
EPA: 1.99 billion RINs generated in September
October 18, 2024
More than 1.99 billion RINs were generated under the RFS in September, up from 1.96 billion generated during the same month of last year. Total RIN generation for the first nine months of the year reached 18.58 billion
The government of Illinois on Sept. 30 announced Crysalis Biosciences Inc. will receive incentives under the state’s REV Illinois program to support its SAF project under development in Sauget, a suburb of St. Louis, Missouri.
Advertisement
@ Copyright 2025 - BBI International - All rights reserved.