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 […]
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 […]
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 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, […]
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 […]
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 […]
On January 16th, Senator Jerry Moran, Republican of Kansas, and bipartisan colleagues reintroduced the Farm to Flight Act to accelerate the production and development of sustainable aviation fuels (SAF). The Farm to Flight Act seeks to expand the market for U.S. crops in aviation bioenergy by clarifying SAF eligibility in the USDA Bioenergy Program. The […]
Jan. 20 (Bloomberg) — Indonesia will temporarily freeze the allocation of subsidies for the mandatory palm oil biodiesel and replanting program as the palm oil fund management agency (BPDPKS) is being restructured. Official Ahmad Maulizar said the agency is undergoing restructuring after taking over the management responsibilities of the Cocoa and Coconut Funds, and is […]
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 […]
The World Trade Organization (WTO) recently ruled that parts of the EU’s Renewable Energy Directive (RED II) unfairly discriminate against Indonesia’s palm oil exports. The ruling was published on January 10 and is seen as a major victory for Indonesia in its trade dispute with the EU over biofuels. While the WTO supports the EU’s […]