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Alliance launched to support the growth of the UK bioeconomy

October 24, 2016

BY BioPilotsUK

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Broco Energy secures renewable diesel contract with Massport

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By Broco Energy

15 hours ago

Advanced Biofuels Use Business 

Broco Energy on Dec. 1 announced that its renewable diesel pilot with the Massachusetts Port Authority (Massport) has officially progressed into a fully executed long-term contract. The contract begins Dec. 1.

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Biomass energy sources supplied more than 9% of the U.K.’s electricity in during July, setting a new monthly record, according to the latest Electric Insights Quarterly report released by Imperial College London on Dec. 3.

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The U.K. government on Nov. 24 announced it will apply a new anti-dumping duty on imports of biodiesel from China. The ad valorem duties range from $14.79% to 54.64% and will apply to biodiesel and renewable diesel. SAF is excluded.

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The U.K. Trade Remedies Authority on Nov. 28 proposed new countervailing duties on U.S. renewable diesel. The agency is recommending duties be set at £257.80 to £303.56 per metric ton, which equates to approximately $1.09 to $1.29 per gallon.

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XCF Global Inc. has entered into a memorandum of understanding (MOU) with BGN INT US LLC to explore developing a global distribution and logistics partnership for SAF, renewable diesel, and renewable naphtha.

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