SCA and St1 have entered a joint venture to produce and sell liquid biofuels. SCA will supply tall oil to the joint venture and will invest approximately SEK 0.6 billion (€590 million) in the company. SCA and St1 will be equal shareholders of the joint venture, which will itself have a 50% share in the St1 Gothenburg Biorefinery, in Sweden, which is now making an... [Read More]

Tufton completed a successful voyage using 100% sustainable marine biofuel in partnership with GoodFuels, Stolt Tankers and the technical managers Synergy Group. The sustainable biofuel, derived from feedstocks such as used cooking oil and waste animal fats, was used on board the 20,762 DWT chemical tanker Monax on its voyage from North Europe to Canada. This sustainable... [Read More]

Foreign trade in biodiesel around Europe is poised to decline this year. In the first half 2021, exports plummeted 18% and imports as much as 43%. The supply and demand balance showed an export surplus of 503,460 tonnes, which is up 31% year-on-year. Whereas exports exceeded the long-term average of 923,200 tonnes, imports dropped below the average level of 559,000... [Read More]

The National Biodiesel Board (NBB) welcomed the biodiesel tax credit extension as part of the ‘Build Back Better’ Bill in the US. The proposed extension through to 2031 of the biodiesel and renewable diesel blenders tax credit in the House Ways and Means portion of the Build Back Better Act was passed. The NBB thanked House Ways & Means Committee Chairman Richard... [Read More]

The amount of diesel fuel consumed by road traffic in Germany was lower in the first half of this year than it was over the same period in 2020. Accordingly, the use of biodiesel dropped by one fifth and on average, biodiesel was blended in at 7.1%, which compared to 8.1% in the previous 12 months. In the first half of 2021, the use of biodiesel for blending totalled... [Read More]

An engineering professor will head new research into cellulosic biofuel production. Dartmouth Engineering Professor Daniel Olson will lead a team funded by a $1.2 million (€1.4 million), three-year grant from the US Department of Energy (DoE) to look into the next-generation biofuels and chemicals. The researchers' goal is to use C. thermocellum and to better understand... [Read More]

Neste has agreed to acquire 100% of Agri Trading - one of the largest independent renewable waste and residue fat and oil traders in the US. Neste refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock. Agri Trading,  based in Minnesota and established in 1977, has become an industry leader in trading animal fat waste, used... [Read More]

Cargill is building a new US$200 million (€170 million) palm oil refinery in Indonesia. The new plant in Lampung will accelerate Cargill’s efforts to develop a sustainable palm supply chain and provide verified deforestation free products to customers. The new refinery will play a key role in connecting sustainable crude palm oil production in Indonesia to demands... [Read More]

Brazil's National Energy Policy Council (CNPE) has approved a reduction in the minimum biofuel content in diesel fuel to 10% from 13% previously. The council cited a jump in prices of soy, a key ingredient in Brazilian biodiesel, Reuters reported. Rising energy and commodity prices have stoked inflation in Brazil, forcing aggressive interest rate increases and adding... [Read More]

US ethanol exports totalled 1.3 billion gallons valued at $2.3 billion in 2020, according to figures from the US Department of Agriculture. This total volume was 9% lower than 2019 due to reduced demand for fuel use, and 2% below the record 1.7 billion gallons shipped in 2018. Year-over-year value fell only 1% due to higher prices for fuel ethanol and increased shipments... [Read More]

Marathon Petroleum Corp has reached an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. Under the terms of the agreement, the joint venture will own and operate ADM’s previously announced soybean processing complex in Spiritwood, North Dakota, with ADM owning 75 percent of the joint venture... [Read More]

Renewable Energy Group’s Louisana renewable diesel plant was undamaged as Hurricane Ida ripped through the US state. The energy company issued the following statement from president and CEO, Cynthia ‘CJ’ Warner regarding the status of its renewable diesel plant located in Geismar. She said: “We are grateful that all team members are safe and accounted for following... [Read More]

Chevron aims to invest $600 million (€505 million) in two soybean crushing facilities owned by US agricultural commodities trader Bunge. The investment will result in a 50/50 joint venture, under the memorandum of understanding. US refiners have been ramping up their production of renewable fuels and are seeking to secure guaranteed access to vegetable oils, animal... [Read More]

US senators are urging Congressional leaders to include support for homegrown renewable fuels in the upcoming reconciliation package. Senators Amy Klobuchar (D-MN), Tammy Duckworth (D-IL), Tammy Baldwin (D-WI), Tina Smith (D-MN), and Dick Durbin (D-IL) and Representatives Cindy Axne (D-IA), Angie Craig (D-MN), Cheri Bustos (D-IL), and Mark Pocan (D-WI) sent a letter to... [Read More]