In Indonesia, Reuters reports that recent lowering of palm oil export levies to $175 from the previous $255 per metric ton is expected to boost exporters’ margins. When the reference crude palm oil price reaches $750, every time palm oil reaches $50 higher, the export levy will increase by $20. Previously, every time CPO rose […]
The Task Force on Synthetic Biology and the Bioeconomy has released its report — THE U.S. BIOECONOMY: CHARTING A COURSE FOR A RESILIENT AND COMPETITIVE FUTURE”. The report contains recommendations and a strategy to help realize the potential of the U.S. bioeconomy for maximum public benefit. A key focus of the task force is to […]
In California, Amyris has started the commissioning of its new fermentation plant in Barra Bonita, Brazil. The greenfield site at Barra Bonita is a strategic investment with which Amyris leads the biotechnology sector with manufacturing at industrial scale. The new plant is strategically located next to the Raizen sugar mill, which is the world’s second […]
In Iowa, President Biden toured POET Bioprocessing-Menlo, where he announced that his administration will lift restrictions on E15 for the 2022 summer driving season. Available at more than 2,600 gas stations across 31 states, E15 is approved for more than 96 percent of light duty vehicles, which account for 98 percent of all vehicle miles traveled. […]
In Washington, Agriculture Secretary Tom Vilsack announced steps the U.S. Department of Agriculture (USDA) is taking to implement President Biden’s plan to enable energy independence by boosting homegrown biofuels. USDA is making the following investments as part of the plan outlined by President Biden: · $5.6 million for Infrastructure for Renewable Fuels through the Higher […]
In Belgium, a new report from Expert Market Research shows favorable government policies like European Green Deal introduced in December 2019 are positively influencing the market for biodiesel. This policy aims to increase greenhouse gas savings (GHG) from biofuels from 40% to 55% making Europe climate neutral by 2050, along with the measures aimed at […]
In Iowa, President Biden toured Growth Energy member plant POET Bioprocessing-Menlo on Tuesday where he announced that his administration will lift outdated restrictions on E15 for the 2022 summer driving season. Available at more than 2,600 gas stations across 31 states, E15 is approved for more than 96 percent of light duty vehicles, which account for […]
In Washington, Senators Dianne Feinstein (D-Calif.) and John Barrasso (R-Wyo.) led their colleagues in introducing the Renewable Diesel and Sustainable Aviation Fuel Parity Act of 2022. The legislation is cosponsored by Senators Bill Cassidy (R-La.), Ben Ray Luján (D-N.M.), and Steve Daines (R-Mont.). The bill would require the Department of Energy to track foreign imports […]
In Washington, D.C., Reuters reports that the U.S. Environmental Protection Agency has denied 36 petitions from oil refiners seeking exemptions to the nation’s biofuel blending laws for the 2018 compliance year, but will provide 31 of those refineries with another avenue to seek relief. Reuters reports that the action will align the EPA with a […]
In Washington, Reuters reports the Environmental Protection Agency is set to finally make its decision regarding 36 applications for small refinery exemptions under the Renewable Fuel Standard. A government notice said the agency would make the announcement Thursday. Although the EPA rejected 65 pending SRE applications in December, it still has a pending backlog of […]
