In Illinois, ADM announced a series of investments designed to expand North American oilseed crush capacity and strengthen the company’s ability to meet growing demand for renewable fuels and other vegetable oil markets. ADM expects to expand capacity by making targeted improvements to existing operations, allowing the company to increase throughput while building on established […]
In South Dakota, Sioux Metro Growth Alliance, Ecostrat and the BDO Zone Initiative announced the issue of a BDO Zone ‘A’ Rating for Canton, South Dakota. The BDO Zone is the first Rating in the state of South Dakota, rated for 700,000 bone dry tons per year of low-risk corn stover and spans a 75-mile […]
In Canada, Convertus Group announced the successful financial close of C$135 million in project financing for its flagship biofuel facility located in York Region, Ontario. The project financing was provided by Power Sustainable Infrastructure Credit (PSIC), with Selkirk Advisory Group serving as financial advisor to Convertus. Financial close represents a significant milestone as the project […]
In Washington, Brownfield Ag News reports U.S. Energy Information Administration data shows ethanol production climbed to 1.133 million barrels per day last week, the second-highest weekly average on record. Production increased by 39,000 barrels per day from the previous week and 37,000 from a year earlier, supported by favorable ethanol margins and strong corn demand. […]
In Washington, the U.S. Environmental Protection Agency has approved Renewable Energy Group’s petition to generate Renewable Identification Numbers (RINs) from renewable fuels produced using CoverCress oil at Chevron’s Geismar, Louisiana, facility. The approval allows renewable diesel and sustainable aviation fuel to qualify for D4 biomass-based diesel RINs, while renewable naphtha and liquefied petroleum gas qualify […]
In South Korea, Chosun newspaper reports South Korea’s Fair Trade Commission has launched sanction proceedings against seven biodiesel producers accused of colluding on biodiesel and bio-heavy oil bids for more than 11 years. The investigation covers contracts worth about $7.1 billion (9.7 trillion won), with authorities alleging the companies coordinated bids and supply volumes in […]
In Spain, Bankinter Investment SGIIC and Plenium Partners SGEIC, firms that have recently approved the merger of their managers and that are partners since 2017, have acquired 100% of BG Holding S.r.l., in the biomethane sector in Italy, through the Ecualia Capital fund, to Green Arrow – Italy’s main independent group specializing in private markets […]
In Massachusetts, a new report from Clean Air Task Force (CATF) finds that directing sustainable aviation fuel (SAF) to a small number of high-impact airports, rather than spreading it across the aviation network, could significantly increase the fuel’s climate and public health benefits while global supply continues to build. The report, Maximizing the Climate Co-Benefits […]
In Pennsylvania, researchers in the Penn State College of Agricultural Sciences are working with the entrepreneur behind the proposed startup of an innovative woody biomass-to-energy facility planned for north central Pennsylvania to determine if the planned operation will be sustainable and ecologically sound. Woodland Biomass Innovations is developing a proposed operation that promises to convert […]
In France, Tara Ocean Foundation, a French foundation dedicated to ocean conservation, will embark on the Tara Polaris 1 scientific expedition to the Arctic to continue its work of monitoring climate change and researching its impact on the ocean. The Tara Polar Station, the foundation’s drifting laboratory and observatory station, will be at sea for […]
