News

US Secretary of Agriculture Sonny Perdue revealed that the Environmental Protection Agency (EPA) would ‘very likely’ complete a policy change allowing year-long sales of 15% ethanol blend gasoline (E15) in time for the summertime driving season, Reuters reports. “Today he told me he thought it was very likely that they could get it done and would do so if at all possible,”…
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Colorado-headquartered advanced biofuel producer Gevo announced that it has entered into a long-term renewable isooctane purchase and sale agreement with chemical manufacturing group HCS. Gevo claims that the agreement is an important step forward in its strategy to build out its advanced biofuels production facility in Luverne, Minnesota to increase the production of renewable isobutanol,…
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The Local has reported that an investigator appointed by the Swedish government is to propose requiring airlines to use carbon neutral biofuels, but only expects a reduction of 1 to 5% by 2025. Former Green Party leader, Maria Wetterstrand was tasked with investigating measures in order to promote biofuels in flights. Wetterstrand states that the report will suggest that the planned biofuels…
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Senate Finance Committee Chairman Chuck Grassley of Iowa and Ranking Member Ron Wyden of Oregon have introduced bipartisan legislation to retroactively extend tax provisions that expired at the end of 2017 and 2018. The legislation will also provide disaster tax relief benefits to individuals and businesses affected by major disasters occurring in 2018. In March of 2018 the biodiesel tax credit…
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Representative Deborah Ruggiero has introduced a legislation that could help Rhode Island meet its carbon emissions reduction goals by phasing in higher percentages of biodiesel in heating oil sold in the state. The New England state already requires heating oil to be sold as a mix that contains 5% biodiesel, including fuels derived from environmentally friendly biological sources such as used…
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According to AgriCensus, investments in new corn ethanol production capacity in Brazil’s Mato Grosso are underway.   President of Brazil’s corn ethanol producers’ association Unem, Ricardo Tomczyk has projected that new corn ethanol production will lead to surplus biofuel flowing into the country’s north and northeast regions, putting current US ethanol imports under…
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Next Renewable Fuels has announced that it has entered a long-term purchase and sale agreement for the purchase of renewable diesel from its planned Port Westward, Oregon facility. The company states that it has an investment of over $1 billion (€878 million) to continue the development of its Oregon renewable diesel facility. The facility is expected to have an annual processing capacity of…
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According to Reuters, the Indonesian Palm Oil Association (GAPKI) reports that Indonesia’s 2018 exports of palm oils, oleochemical and biodiesel shipments, has risen 8% from 2017 to 34.6 million tonnes.   Reuters reports GAPKI chairman, Joko Supriyono said that shipments to China and Pakistan rose last year in order to support global demand for vegetable oil. However, shipments to…
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Finnish fuel firm Neste has published its financial report, with its CEO Peter Vanacker describing the year of 2018 as ‘very strong’ for the company. According to the report, Neste posted a €320 million increase in comparable operating profit from 2017 which it outlines as a record-high. Regarding its Renewable Products division, Neste claimed that its sales margin was…
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The Finnish Parliament has approved a law that is set to see biofuels targets gradually increase for 2030. The new law has made for a world-leading advanced biofuels target of 10% in 2030. Finnish parliament’s approval of the law will increase the share of biofuels used in road traffic to 30% by 2029. The government has also approved a law that will allow for the distribution of bio-based…
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Major oil and gas companies Eni and Pertamina have signed a Memorandum of Understanding. The deal has been made to investigate synergies of their respective technologies, expertise and know-how. The evaluation of new circular economy collaboration opportunities that would make for strategic development for Eni and its subsidiaries, Syndial Environment and Versalis Chemicals, is also a part of the…
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The Times of India, reports that managing director of Muenzer Bharat, Sanjay Shrivastaava said that it will start converting used oil into 100% water-based biodiesel. According to The Times of India, Muenzer Bharat is a biodiesel manufacturing facility that has been set up under the ‘National Used Cooking Oil Collection Mission for India’. The biodiesel produced by the facility can be…
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According to the official journal, the EU has exempted eight Argentine biodiesel producers from paying duties, as long as they export to Europe at a minimum sell price, Reuters reports. In January, Biofuels International reported that the EU had become prepared to accept a deal with the Argentine producers to settle trade disputes over exports into Europe. The deal was accepted from all parties…
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