In Washington, last week the Treasury Department and the Internal Revenue Service issued proposed regulations to help businesses understand how legislation passed in 2018 may benefit those claiming carbon capture credits. The proposed regulations provide guidance regarding two new credits for carbon oxide captured using equipment originally placed in service on or after February 9, […]
In Lithuania, Baltic Course reports that biodiesel producer Mestilla will invest EUR6 million in used cooking oil biodiesel production. Construction is expected to start in early 2021 with commissioning planned before year’s end. Since it began operating in 2007, the company has been using rapeseed oil as feedstock. The additional capacity would represent 15% of […]
In India, the Economic Times newspaper reports that oil marketing companies have opened a fresh tender to seek ethanol from sugar mills, this time 990 million liters for supply between July 1 and November 30. Uttar Pradesh is the only major sugar producing state still operating, with Maharashtra and Karnataka already closed, so UP mills […]
In Iowa, the Iowa Renewable Fuels Association is calling on state legislators to pass House File 2279 and Senate File 2403 that would extend and modernize fuel tax differentials for E15 and higher ethanol blends and B11 and higher biodiesel blends, which are set to expire on June 30, 2020. With the passage of either […]
In New York state, Platts reports that D6 RIN prices have jumped in value this week due to expectations that the Environmental Protection Agency will approve fewer small refinery hardship waivers due to close scrutiny into their approval processes. With RIN prices well over 50 cents each now, some market participants say that if as […]
In California, the Algae Biomass Organization has tapped Jill Kauffman Johnson, Head of Global Market Development, Algae Ingredients at Corbion as the association’s new board chair, outgoing chairman Mark Allen said in an ABO blog post. Allen wrote: Jill brings exactly the kind of experience in science, product commercialization and public policy that can take […]
In Washington, the Energy Information Agency says U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 26% in 2019 to more than 27,000 barrels per day (b/d), reversing three years of decline. Imports of biomass-based diesel increased in 2019 because of the increase in renewable diesel imports from Singapore. The majority of […]
In Spain, the El Confidential newspaper reports that Abengoa has ditched the Fulcrum aviation biofuel project it has been working on since 2017 citing irreconcilable difference with the client and a cost overrun of $100 million over the past two years. The plant was supposed to be completed by the end of 2019. Due to […]
In Illinois, LanzaTech has successfully launched LanzaJet, Inc., a new company that will produce sustainable aviation fuel (SAF) for a sector requiring climate friendly fuel options as it starts to recover from the impacts of COVID-19. With its approach to commercialization of SAF, LanzaJet is creating regional jobs while enabling global decarbonization of the aviation […]
In Brazil, BiodieselBR reports that soybean oil passed the 75% share in the raw material matrix of the Brazilian biodiesel industry for the first time in three and a half years. According to the new set of data released by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), in April about 75.2% of […]
