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Neste reports strong Q3 for renewables segment

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By Erin Krueger

October 27, 2021

Advanced Biofuels 

Neste released third quarter financial results on Oct. 27, reporting that the company's renewable products segment achieved high sales volumes and maintained healthy sales margins despite tight feedstock markets.

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The U.K. Department for Transport has awarded Project Speedbird, a partnership between Nova Pangaea Technologies, British Airways, and LanzaJet, £484,000 to fund a feasibility for the development of sustainable aviation fuel (SAF) in the U.K.

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A group of nine senators are reiterating a request to meet with President Biden and members of his cabinet to discuss the opportunity biofuels can contribute to his administration's energy, environmental and transportation agenda.

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The U.S. EPA has released updated renewable identification number (RIN) data, reporting that nearly 1.62 billion RIN were generated under the Renewable Fuel Standard in September, down from 1.65 billion generated during the same period of last year.

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Vision RNG on Oct. 21 announced a partnership with Meridian Waste Acquisitions LLC to complete projects at multiple Meridian Waste-owned landfills across Missouri and Virginia that will capture landfill gasses (LFG) for conversion into RNG.

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UGI Utilities has received regulatory approval from the Pennsylvania Public Utility Commission purchase renewable natural gas (RNG) as part of a five-year pilot program. The pilot is the first of its kind in Pennsylvania.

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The carbon footprint of launching the new Orbex Prime space rocket will be up to 96 percent lower than comparable space launch programs, a new scientific study has revealed. The rocket will be fuled by ultra-low-carbon biofuel.

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ADM and Gevo Inc. have signed a MOU to support the production of SAF and other low carbon-footprint hydrocarbon fuels. The MOU contemplates the production of both ethanol and isobutanol that would then be transformed into renewable hydrocarbons.

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Rep. Randy Feenstra, R-Iowa, on Oct. 19 introduced the Biojet Fuel Research Act, which directs the Federal Aviation Administration to establish a working group focused on identifying research and development needs to produce biojet fuel.

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Valero Energy Corp. released third quarter financial results on Oct. 21, reporting startup of the Diamond Green Diesel expansion project is underway. Work is also progressing on a CCS project that will benefit the company's ethanol segment.

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The U.S. EPA on Oct. 21 published updated small refinery exemption (SRE) data, reporting that there are currently 65 SRE petitions pending under the Renewable Fuel Standard, up from 62 that were pending as of mid-September.

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TerraVest announces first RNG project

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By TerraVest Industries Inc.

October 20, 2021

TerraVest Industries Inc. has been awarded its first manufacturing contract to supply a biogas upgrading system for a project located in Western Canada. The biogas upgrading system will have the capacity to process up to 1,200 Nm3/h of raw biogas.

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The U.S. Department of Commerce's International Trade Administration has announced a virtual meeting of the Renewable Energy and Energy Efficiency Advisory Committee will be held Nov. 2. The event is open to the public.

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President Biden and DOE are marking National Forests Products Week and National Bioenergy Day by celebrating the contributions the forest industry makes to the economy and highlighting research that is helping expand the nation's bioenergy sector.

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Neste and Hesburger, a Finnish restaurant chain, will engage in a significant circular economy collaboration. Used cooking oil from more than 300 Hesburger restaurants in Finland and in the Baltics will be recycled to produce renewable diesel.

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Virent's BioForm synthesized aromatic kerosene (SAK) was used in a United Airlines test flight on Oct. 13, demonstrating that SAF can be 100 percent renewable, 100 percent fossil free, and 100 percent compatible with today's aviation fleet.

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The USDA on Oct. 19 announced approximately $13 million in new funding opportunities to support market innovation in wood products and wood energy. The announcement was made at an event to kick off National Forest Products Week.

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REG hosted a groundbreaking ceremony on Oct. 13 to celebrate the start of construction on the company's improvement and expansion project at REG Geismar. The project will boost capacity at Geismar to 340 MMgy.

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Neste recently conducted a life cycle assessment (LCA) study on the environmental impacts of the usage of its 100 percent renewable feedstock, Neste RE. It shows a greenhouse gas (GHG) emission reduction of more than 85 percent.

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Contra Costa County officials have published the draft environmental impact report for Marathon Petroleum Corp.'s Martinez Renewable Fuels project, which will convert the former petroleum refinery to a renewable fuels facility.

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Nikola Corp. and Opal Fuels LLC have entered into a memorandum of understanding (MOU) on the development, construction, and operation of hydrogen fueling stations in North America and the use of renewable natural gas (RNG) in hydrogen production.

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TripActions, Reed & Mackay, a travel and spend management group, and Neste have announced a groundbreaking global partnership to offer Neste MY Sustainable Aviation Fuel to all TripActions Group customers.

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LanzaTech and LanzaJet welcomed Secretary of Energy Jennifer M. Granholm and Senator Jon Ossoff to the Freedom Pines Biorefinery in Soperton, Georgia. The faciity is expected to produce 10 MMgy of SAF and renewable diesel from ethanol.

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BGE is the first utility in Maryland to gain regulatory approval for the use of renewable natural gas (RNG) on its gas distribution system. Bioenergy Devco's RNG plant, located in Howard County, will supply RNG to BGE following its completition.

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On Oct. 7, U.S. EPA Administrator Michael S. Regan announced the appointment of Rod Snyder to become EPA's Agriculture Advisor. Snyder will lead outreach and engagement efforts with the agricultural community for EPA.

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Onboard Dynamics Inc. on Oct. 5 announced the signing of an investment agreement between Onboard and BP Energy Partners LLC. The equity investment from BPEP provides Onboard Dynamics capital to scale its products and service offerings.

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Gevo Inc. and Axens North America Inc. have entered into an agreement that establishes a strategic alliance aimed at accelerating the commercialization of sustainable ethanol-to-jet (ETJ) projects in the U.S.

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Port Anthony Renewables has formed a joint venture with Singaporean gasification technology integrator CAC-H2 to establish a green energy hub in Victoria that will convert waste wood into green ammonia via a gasification process.

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The U.S. Senate on Oct. 7 voted to confirm Xochitl Torres Small as under secretary of rural development at the USDA. USDA Rural Development administers a variety of programs related to biofuels and bioenergy.

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Dane County, Wisconsin, is proposing to invest $10 million in clean fuel infrastructure that will help expand the use of renewable natural gas (GHG) and compressed natural gas (CNG) vehicles in the county fleet.

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