In Washington, in response to last week’s announcement by the White House calling on OPEC+ member countries to increase oil output, the Renewable Fuels Association sent a letter to President Biden supporting the Administration’s call for an investigation into the true causes of recent higher gas prices. The letter also underscored that the solution to […]
In Wisconsin, Gov. Tony Evers announced an additional $50 million in direct payments to support Wisconsin’s agricultural producers through a new round of the Wisconsin Farm Support Program, an additional installment of the governor’s successful Wisconsin Farm Support Program announced in 2020. A total of $3.3 million in assistance will be for the ethanol industry. […]
In Canada, Tidewater Midstream and Infrastructure Ltd. says its majority-owned subsidiary, Tidewater Renewables Ltd has completed its initial public offering of 10,000,000 common shares at a price of C$15.00 per Common Share, for total gross proceeds of C$150 million. The Common Shares trade on the Toronto Stock Exchange under the symbol “LCFS”. CIBC Capital Markets […]
In Texas, carbontech innovator HYCO1 has developed a proprietary catalyst and process technology that gives industrial companies a way to turn harmful CO2 waste into high value, sustainable products. Using HYCO1’s technology, industrial companies can quickly and drastically reduce their CO2 emissions with no upfront costs. HYCO1 is then able to convert those emissions into […]
In Washington, Koole Tankstorage Botlek B.V. (Koole) and Neste Oyj (Neste) asked the Envrionmental Protection Agency to approve a pathway for the generation of biomass-based diesel (D-code 4) renewable identification numbers (RINs) for renewable jet fuel and renewable diesel bottoms produced from renewable diesel through a fractionation process, where the renewable diesel was originally produced […]
In Illinois, a team of scientists at the University of Illinois Urbana-Champaign developed a bioprocess using engineered yeast that completely and efficiently converted plant matter consisting of acetate and xylose into high-value bioproducts. In a paper published in Nature Communications, the team described its work, which offers a viable method for overcoming one of the […]
In Brazil, earlier this month Brazilian president Jair Bolsonaro approved a new law allowing Brazilian producers to sell ethanol directly to gas stations. Fitch Ratings believes this change will be neutral for Sugar & Ethanol (S&E) companies. The expected impact on prices at the pump and producer margins will be immaterial to the issuers’ credit […]
In the UK, tens of thousands of jobs, billions of pounds in investment and new export opportunities will be unlocked through government plans to create a thriving low carbon hydrogen sector in the UK over the next decade and beyond, the UK government said announcing its first-ever hydrogen strategy. The strategy drives forward the commitments […]
In Connecticut, Starwood Energy Group Global and Slate Refining have entered into an exclusive agreement to reconfigure Slate’s refinery located in Douglas, Wyoming into a state-of-the-art renewable fuels production facility. Upon completion of the Project, the facility is expected to produce over 100 million gallons annually of renewable fuels, such as Renewable Diesel, Sustainable Aviation […]
In Minnesota, Epitome Energy has awarded Fagen, Inc. the EPC contract to build the 42-million-bushel soybean crush facility that will be located in Crookston, MN. The $300 million processing plant will include a 42 million bushel soybean crush facility and may include a Refined, Bleached and Deodorized (RBD) oil refining operation as part of a […]
