In Brazil, Platts reports that increased demand for biodiesel blending domestically has soaked up a lot of surplus soybean oil that would have typically been available for export. US Foreign Agricultural Service data showed that despite a record soybean crop last season, export availability of soybean oil remained steady at 1.3 million metric tons. Oil […]
In Argentina, Reuters reports the government increased the price for biodiesel to $1,111.37 from $1,071.27 last week in addition to increases in ethanol prices for both sugarcane- and corn-based fuels to nearly 72 cents and 66 cents, respectively. The government regularly raises prices for biofuels to compensate for the high inflation the country suffers from […]
In Illinois, a bipartisan bill passed in 2022 to promote the use of higher biodiesel blends is making a significant impact once again in 2025. Effective April 1, biodiesel blend requirements will increase from B14 to B17, marking another step toward advancing cleaner fuel options. The Illinois Soybean Association extends its thanks to the key […]
In Washington, a small but increasing amount of biodiesel in the United States is consumed in the residential, commercial, and electric power sectors, according to new estimates now published in the Energy Information Administration’s State Energy Data System. Previously, it allocated all U.S. biodiesel consumption to the transportation sector, where the vast majority of biodiesel […]
In India, Autocar Profesional reported that India Ratings and Research (Ind-Ra) has projected that achieving the government’s 5% biodiesel blending target by 2030 will require an investment of $287 million. The economic feasibility of this target depends on the development of a robust supply chain and government incentives, such as tax subsidies, to improve uptake […]
In Florida, the General Manager of a company that produces and sells renewable fuel and fuel credits was sentenced to serve 37 months in prison to be followed by a three-year term of supervised release for his role in a scheme that generated over $7 million in fraudulent Environmental Protection Agency (EPA) renewable fuels credits […]
In India, Investing.com reported Aemetis has announced the reboot of its biodiesel and refined glycerin production at its Indian subsidiary, Universal Biofuels. The local Pollution Control Board gave the green light for operations to restart after a pause for maintenance and a review of air quality standards. Universal Biofuels, which boasts an 80 million gallon […]
In Malaysia, Reuters reported that Malaysia has no plans to raise palm oil’s biodiesel blend to 20% from the current 10%, as the required infrastructure development would need funding that both the industry and the government are unwilling to provide. There are challenges to implement the biodiesel blend to 20% as it will require an […]
In Malaysia, Channel News Asia reports the commodities minister said the government has ruled against boosting its biodiesel blending mandate to 20% from the current 10% due to required infrastructure investment requirements that neither the public nor private sector are willing to take on. An estimated $146 million would be required to double the current […]
In Germany, BASF said it is investing a mid-double-digit million-dollar amount in a new alcoholates plant at its site in Ludwigshafen, Germany. The plant will produce sodium methylate and potassium methylate, two important chemicals used for the production of biodiesel and for pharmaceutical and agricultural applications, the firm said. Utilizing state-of-the-art technology, the new plant […]
