(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 […]
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 […]
On January 22, Achmad Maulizal, an official of the Indonesian Plantation Fund Authority (formerly the Palm Oil Fund Agency), said the agency has resumed fund disbursement after a brief pause to support biodiesel subsidies and oil palm replanting programs. This follows a comprehensive reorganization last week due to the expansion of the agency’s functions to […]
Energy and Mineral Resources Minister Bahlil Lahadalia has announced that the $1.2 billion biodiesel raw material plant will be built entirely with domestic investment, including private and state-owned companies. He said the plant will be located in Bojonegoro and will mainly produce methanol and ethanol as feedstock for the B40 biodiesel blend. Methanol demand is […]
Neste and KPI OceanConnect recently partnered with Global Energy to supply Neste MY renewable diesel to Singapore’s marine sector for operational deliveries in Singapore waters. This is the first time renewable diesel has been supplied to a marine sector participant, such as for use by cruise ships in Singapore. “The first supply of Neste MY […]
On January 9, the European Biodiesel Board (EBB) welcomed the approval by EU member states of final duties on biodiesel (FAME) and renewable diesel, also known as hydrotreated vegetable oil (HVO), from China. In July 2024, the EBB was granted provisional anti-dumping duties that are currently in force but subject to approval by EU member […]
The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) and the U.S. Environmental Protection Agency (EPA) announced $6 million in funding for three projects that will advance biofuels development and support U.S. leadership in energy and emissions innovation. Funded by the Inflation Reduction Act (IRA), the projects will support research to improve performance and […]
Malaysia’s Minister of Plantation and Raw Industries, Zohari Abdulgani, said the country supports Indonesia’s commitment to move forward with the B40 biodiesel program in 2025, despite recent delays in implementation. He noted that increasing the mandatory blend ratio of biodiesel is important to support the palm oil industry. Zohary said Indonesia produces about 48 million […]
Indonesia’s Energy and Mineral Resources Minister signed a decree on Friday allocating 15.6 million kiloliters of biodiesel for 2025 and asking the industry to adjust to a higher percentage of the blend by the end of next month. “The ministerial regulation has been signed,” Minister Bahlil Lahadalia told reporters, revealing that the government plans to […]
The recent reversal of the upward trend in palm oil prices could affect Indonesia’s B40 biodiesel policy, which is scheduled to be introduced in January 2025, according to MAS. High palm oil prices have weakened Indonesia’s export competitiveness, leading to lower revenues from export taxes, a key source used to subsidize domestic biodiesel prices. In […]