September 16, 2016
BY Erin Krueger
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Aemetis Inc. released third quarter results on Nov. 5, reporting increased revenue and higher RNG and ethanol sales. During an earnings call, company officials highlighted ongoing improvement projects and the impact of 45Z credits.
Across the country, biogas capture facilities are recycling discarded food into renewable energy ─ and new research from the American Biogas Council finds that the opportunity to do more is enormous.
Par Pacific Holdings released third quarter financial results on Nov. 4, reporting that its production at its Hawaii renewable fuels facility ramped significantly during the period. The biorefinery commenced operations in April.
Circularity Fuels, which earlier this year completed the world’s first end-to-end conversion of raw biogas from dairy manure into SAF, on Nov. 5 announced it has closed a $7 million seed round led by Trucks and DCVC.
Marathon Petroleum Corp. on Nov. 3 reported significantly higher third quarter earnings for its renewable diesel segment. Renewable diesel production volumes were up approximately 1% when compared to the third quarter of last year.