Aemetis Inc., a renewable natural gas and renewable fuels company specialising in low and negative carbon intensity products, today announced that its Indian subsidiary, Universal Biofuels, has successfully delivered $103 million worth of biodiesel to three state-owned oil marketing companies (OMCs) under a cost-plus supply agreement, which ended on 9 September 2024 ending on 30 […]
STX Group announced on 3 December the acquisition of Marine Olie, a leading trader of waste-based advanced feedstocks. STX Group said the strategic acquisition strengthens its position in the biofuels value chain and supports the company’s vision to become a leading global trader in the integrated feedstock-to-fuel-to-ticket market. Marine Olie’s experience in fats and oils […]
The Indonesian government plans to invest $1.2 billion in a methanol plant to serve the biodiesel industry. Currently, about 80 per cent of methanol consumption comes from imports. The 800,000 metric tonne plant will be located in East Java. Demand for methanol will continue to rise as the government continues to increase biodiesel blending requirements. […]
The Australian Sugar Council (ASMC) recently called on governments to urgently develop a national biofuel feedstock strategy to boost the local biofuel industry and contribute to economic growth. ASMC CEO Ash Salardini said ASMC has been advocating for this feedstock strategy since early 2024. He emphasised that sugar manufacturers could be at the heart of […]
The used cooking oil market is expected to be valued at over US$10.9 billion by 2032, says a report by Global Market Insights. ‘The market is expanding due to growing demand for sustainable solutions, with biodiesel production being one of the major applications. As an environmentally friendly energy source, biodiesel made from used cooking oil […]
China’s sustainable palm oil market has achieved a major milestone with the arrival of the first shipment of RSPO Certified Sustainable Palm Oil (CSPO) at the port of Shanghai. The ground-breaking shipment was led by Asia’s top dairy brand and global industry leader, Inner Mongolia Yili Industrial Group (Yili Group), in partnership with China’s largest […]
The Renewable Fuels Association this week responded to a request for information from the California Air Resources Board urging them to do more to ensure the integrity of imported waste cooking oil (UCO) and tallow in order to produce biomass-based diesel in accordance with the state’s Low Carbon Fuel Standard, according to a report on […]
U.S. Senator Sherrod Brown (D-Ohio) has announced the introduction of a new bipartisan bill that would prohibit the use of taxpayer money to subsidise biofuels produced using imported foreign feedstocks, such as waste cooking oil from China and ethanol from Brazil. The bill would also extend the 45Z Clean Fuel Production Credit. 45Z Clean Fuel […]
Repsol has 600 petrol stations supplying 100% renewable fuel in the Iberian Peninsula, including 550 in Spain and 50 in Portugal. This achievement fulfils the target set by Repsol in its 2024-’27 strategic update to reach 600 stations using 100% renewable Nexa diesel by the end of the year. The energy company plans to expand […]
Indonesia’s Chief Economy Minister said on Friday that the country will continue to work on the implementation of the B40 biodiesel programme from January 1 next year, compared to the B35 currently used in Indonesia. Minister Airlangga Hartarto said the implementation of B40 was Indonesia’s ‘concrete contribution’ to the world as it could reduce carbon […]