Indonesia’s crude palm oil export tax hike will make Malaysian crude palm oil more competitive

                       

Industry experts believe that Indonesia’s decision to raise export taxes on crude palm oil (CPO) will boost demand for Malaysian CPO, making its price more competitive. According to Dar Securities, Malaysia could see increased palm oil demand if Indonesia proceeds with plans to raise export taxes to support higher biodiesel blending requirements. The firm noted […]

Renewable diesel expansion project undergoing final commissioning

                       

Chevron Corporation reported fourth quarter financial results on January 31st. During the earnings call, company officials confirmed that the renewable diesel expansion project at the biorefinery in Geismar, Louisiana, is in the final stages of commissioning. The Geismar expansion project has been moving forward for several years with plans to increase the plant’s renewable diesel […]

Plans for $600 million renewable fuel center put on hold

                       

BP has suspended plans to build a $600 million renewable fuels center at its decommissioned Perth refinery. One of the reasons the project has been put on hold is that the developer is reassessing the level of demand and return on investment. BP said it would adjust the delivery cadence of the Quinana renewable fuels […]

FutureFuel Announces Overhaul to Continue Through February 2025

                       

(NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, today announced certain matters relating to its biodiesel production. production. In late December 2024, FutureFuel initiated an annual maintenance and overhaul of its biodiesel plant. The overhaul proved to be more extensive than anticipated. As a result, the Company currently […]

Petrobras B24 Receives ISCC EU RED Certification

                       

January 31 – Petrobras has received the international ISCC EU RED certification for the commercialization of renewable-content marine fuels at the Rio Grande Terminal (TERIG) in Rio Grande do Sul state. Petrobras produces VLS (Very Low Sulfur) B24, a blend of fossil-based fuels with 24% biodiesel, and in July 2024, Petrobras became the first company […]

Valero sells first SAFs

                       

Valero Energy Corporation reported fourth quarter financial results on January 30, reporting that its ethanol and renewable diesel divisions were both profitable in the quarter. The company also announced that its Sustainable Aviation Fuel (SAF) program in Texas is fully operational. The SAF program at DGD’s Port Arthur, Texas facility was successfully completed in the […]

EcoCeres Considered for Europe

                       

On January 31, Renewables Now reported that Hong Kong-based SAF producer EcoCeres is planning an initial public offering (IPO) on the European stock exchanges. The deal, which is scheduled for next year, could raise between $500 million and $1 billion, depending on market conditions, and values the entire business at around $5 billion, according to […]

India’s Sustainable Aviation Fuel (SAF) Alliance to be launched

                       

January 24, 2025 – The Carbon Market Association of India (CMAI) has announced the appointment of Vijay Nirani, Founder and Managing Director of TruAlt Bioenergy, as Co-Chair of the Sustainable Aviation Fuels Alliance (SAF) India. This groundbreaking initiative will be officially launched at the inaugural India Climate Week (ICW) 2025, to be held February 3-7, […]

LanzaJet Selects Wilton International as its Next SAF Production Facility

                       

LanzaJet announced on January 22 that it has selected Wilton International Airport on Teesside for its next production facility, the Speedbird project. LanzaJet has partnered with Sembcorp Utilities (UK) Limited, a wholly owned subsidiary of Sembcorp Industries Limited, to develop an ethanol-based SAF facility at Wilton International in Teesside, UK. In partnership with British Airways, […]

Capacity of 400,000 tons, SAF plant starts production

                       

Enilive announced on January 22 that its first Sustainable Aviation Fuel (SAF) plant has been commissioned at the Gela biorefinery in Sicily, Italy, with a capacity of 400,000 tons per year. This is nearly one-third of the projected European SAF demand in 2025 following the implementation of the ReFuelEU aviation regulation. Under the ReFuelEU aviation […]