In Washington, fifteen Republican senators sent a letter to Environmental Protection Agency (EPA) Administrator Andrew Wheeler calling on EPA to grant petitions from a bipartisan group of six state governors to waive the blending obligations for the 2020 compliance year under the Renewable Fuel Standard (RFS). In the letter, the senators urged Wheeler to use […]
In Texas, Primoris Services announced two new industrial awards with a combined value over $62 million. The contracts were secured by Primoris Industrial Constructors, part of the Power, Industrial, and Engineering segment. The first award is for the construction of the outside the battery limits portion of a renewable diesel expansion project in Louisiana. The […]
In Washington, U.S. Department of Agriculture announced that it has published a final rule to expand the production of renewable chemicals and biobased manufactured products. The rule, for the first time, allows applicants for Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (9003 Program) loans to submit applications to develop renewable chemical and biobased […]
In Washington, Reuters reports the Environmental Protection Agency is still undecided about what to do with waiver requests from the oil industry as they seek to reduce their biofuel blending obligations. Rather than individual waivers which have been under intense scrutiny, the industry as well as oil state governors and now oil state senators are […]
In Washington, Bloomberg reports that under a draft plan developed by the Environmental Protection Agency, biofuel blending targets would be slightly higher than last year. The agency has come under fire by the biofuel industry and lawmakers from key biofuel states for not boosting the mandate this year to compensate for demand destruction from hardship […]
In Washington, DTN report the Energy Information Administration published data showing the ethanol stocks continue to drop as demand increases while producers slowly ramp up production. Stocks fell to a four-month low last week of 23.6 million gallons, 400,000 gallons fewer than the week prior, with stocks falling in all regions except for the Gulf […]
In Finland, Neste has brought Neste MY Renewable Diesel to a significant number of new stations during April and May 2020 in Finland. With the expansion, Neste MY Renewable Diesel will be available at around 120 stations in growth centers as well as smaller towns. The number of distribution points will be expanded from 70 […]
In Italy, the Wall Street Journal reports that Eni has announced it is aiming to phase out its controversial use of palm oil and PFAD by 2023 in a move applauded by environmental groups such as Transport & Energy who have criticized the company. The decision comes as part of a wider review of the […]
In Washington, Politico reports that Growth Energy is hosting a virtual “fly in” via Zoom this week in an effort to secure support from Midwest policymakers ensuring the HEROES package gets through the Senate. Already the House of Representatives have approved the COVID-19 bailout package which includes significant aid for the ethanol industry including a […]
In Illinois, Platts reports that with the slow ramp up of mothballed ethanol production compared to increasing demand, the backwardation between front and second-month Chicago ethanol swaps has reached a six-month high at 4.75 cents. Similarly, crush margins became positive for the first time in three months, further indicating tight supplies amid increased demand. Estimates […]
