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.
SAF offers a significant opportunity for growth in the biofuel sector and a new revenue stream for farmers, but realizing that potential will depend on the establishment of favorable policies and adequate incentives, according to CoBank.
In partnership, Power2X and Advario are developing a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam.
The USGC recently released a set of infographics designed to share the environmental and financial benefits of ethanol, the carbon reduction assessment models for SAF and a map displaying ethanol blending policies around the world.
DHL Express and DHL Global Forwarding are furthering their sustainability goals through a contract renewal with IAG Cargo, the cargo handling division of International Airlines Group, to use an additional 60 million liters of SAF on behalf of DHL.
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.
Montana Renewables LLC has delivered its first shipment of 7,000 gallons of SAF to Dearborn, Michigan's Buckeye Pipeline facility. From there, the fuel will be transported to the Detroit Metropolitan Airport via pipeline for use by Delta Air Lines.
Signature Aviation has announced the expansion of its blended SAF offering to six new locations across the U.S. following a blended SAF supply agreement with Valero Marketing and Supply Co. a subsidiary of Valero Energy Corp.
Avfuel Corp. has announced its expansion of blended sustainable aviation fuel (SAF) across the southeastern United States supplied from Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp.
Rep. Brad Schneider, D-Ill., on Oct. 22 introduced the Expanding Clean Fuel Production Act. The bill aims to extend the 45z clean fuel production credit for 10 additional years, through 2037. The credit is currently in place through 2027.
E2 on Oct. 15 released a new analysis on the Inflation Reduction Act’s impact along with a survey of more than 900 businesses that indicates repealing or rolling back the IRA’s provisions would result in losses, layoffs and closures.
Universal Fuel Technologies (Unifuel) has closed $3 million in funding for its Flexiforming technology that cuts SAF production costs by up to 50%, and the related carbon emissions by up to 75%. The seed round was led by TO VC.
The U.S. Treasury Department and IRS on Oct. 18 issued additional guidance for the 40B SAF tax credit. The new guidance, Notice 2024-74, addresses the use of an updated 40BSAF-GREET 2024 model released by the U.S. Department of Energy in October.
Vietjet on Oct. 11 fueled two flights with sustainable aviation fuel (SAF) supplied by Petrolimex Aviation. The flights departed from Tan Son Nhat International Airport in Ho Chi Minh City and were destined for Australia and South Korea.
Southwest Airlines Co. on Oct. 17 announced a SAF supply agreement with Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp., to bring SAF to Chicago Midway International Airport in the state’s largest announced SAF supply agreement.
Calumet Inc. announced on Oct. 16 that the U.S. Department of Energy Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund SAF capacity expansion at Montana Renewables LLC.
Gevo Inc. on Oct. 16 announced it has received a conditional commitment for a loan guarantee with disbursements totaling $1.46 billion from the U.S. Department of Energy Loan Programs Office for its Net-Zero 1 project (NZ1) in South Dakota.
Cathay Cargo and DB Schenker jointly held a signing ceremony on Oct. 8 at the airline’s Cathay City headquarters to mark the global forwarder’s membership of the Cathay Corporate Sustainable Aviation Fuel (SAF) Programme.
Terviva Inc. on Oct. 15 announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a biofuel feedstock.
Honeywell on Oct. 15 announced that St1 has started using Honeywell’s Ecofining technology to produce sustainable aviation fuel (SAF) at its biorefinery in Gothenburg, Sweden. The facility will produce 200,000 tons of renewable fuels annually.
Formula 1 has been working with DHL Global Forwarding's GoGreen Plus service to reduce its greenhouse gas emissions by around 80% per flight compared to conventional aviation fuel by utilizing sustainable aviation fuel (SAF).
Aether Fuels has signed an MOU with JetBlue. The company has developed technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels, such as SAF, at a lower cost and greater scale than existing approaches.
Cepsa is now supplying SAF in the Canary Islands. The company has made SAF permanently available at the North Tenerife and Gran Canaria airports, and will expand this availability to the archipelago’s other main airports.
DOE: Optimizing a waste-to-fuel future for aviation
By Karthikeyan K. Ramasamy, Laboratory Relationship Manager, Pacific Northwest National
October 03, 2024
With waste-to-fuel SAF becoming an increasingly viable technology, researchers at PNNL are exploring ways to optimize infrastructure and siting decisions for producing, transporting, storing, and using those fuels in the U.S.
Comstock Inc. has announced the execution of an exclusive license agreement and cooperative research and development agreement with NREL involving technologies developed by NREL and MIT for conversion of lignocellulosic biomass into SAF.
Downey Ridge Environmental Co. (Greasezilla) and bp on Oct. 1 announced a groundbreaking agreement that will enable the capture and extraction of brown grease waste as a feedstock for biofuel production.
U.S. Sens. Jerry Moran, R-Kan.; Tammy Duckworth, D-Ill.; John Boozman, R-Ark.; and Amy Klobuchar, D-Minn.; recently launched the Senate Sustainable Aviation Caucus to promote the longevity of the aviation industry and the renewable fuels industry.
Darling Ingredients Inc. has announced that its 50/50 joint venture Diamond Green Diesel will provide the first regular supply of sustainable aviation fuel (SAF) to Florida through an agreement between World Fuel and DHL Express.
Honeywell has signed an agreement with USA BioEnergy to implement its Experion PKS Distributed Control System and safety system at the Texas Renewable Fuels Bon Wier biorefinery, which is designed to convert wood waste into SAF.
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