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Valero reports record high ethanol production for Q3, significant decline in renewable diesel sales volumes

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By Erin Krueger

3 hours ago

Operations Business Sustainable Aviation Fuels 

Valero Energy Corp. on Oct. 23 released Q3 results, reporting a profitable three-month period for its ethanol segment on record high production. Valero’s renewable diesel segment, which also includes SAF, reported a loss for the period.

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Neste and United Airlines have expanded their existing partnership to supply SAF to three new major airports in the U.S., including George Bush Intercontinental Airport, Newark Liberty International Airport, and Dulles International Airport.

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Eni has announced plans to develop a 500,000-metric-ton-per-year biorefinery at its existing industrial site in Priolo, Sicily. The facility, which will produce renewable diesel and SAF, is expected to be operational in 2028.

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The call for presentation abstracts for the 19th annual International Biomass Conference & Expo is now open. The event will take place in Nashville, Tennessee, March 31 – April 2, 2026. Abstracts can be submitted through Nov. 21.

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The National Farmer Union is urging the White House and congressional leadership to dedicate resources toward expanding use of ethanol, biodiesel and SAF as part of any effort to provide assistance to struggling U.S. agricultural producers.

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Houston American Energy Corp. on Oct. 21 announced plan to develop biomass-to-liquid fuels and SAF projects that will integrate BTG Bioliquids’ proprietary fast pyrolysis technology for the production of fast pyrolysis bio-oil from woody biomass.

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Pellet and forestry experts explain the potential for woody biomass and pellets from waste wood residues to be used as a sustainable aviation fuel feedstock.

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XCF Global Inc.’s biorefinery located near Reno, Nevada, could resume SAF production as early as the first quarter of 2026, according a second quarter financial report filed with the U.S. Securities and Exchange Commission on Oct. 16.

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European logistics company Exolum on Oct. 15 announced its decision to invest £4.5 million in creating the U.K.’s first independent sustainable aviation fuel (SAF) blending facility at Redcliffe Bay in south-west England.

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Honda Aircraft Co. on Oct. 13 announced it has become the first twin-turbine very light business jet manufacturer to utilize the HondaJet on a successful test flight running a 100% blend of sustainable aviation fuels (SAF).

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Gulfstream Aerospace Corp. on Oct. 13 announced its fleet of corporate, demonstration and support aircraft has surpassed 3 million nautical miles flown on SAF. The company plans to increase its SAF usage by 50% this year.

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Gevo Inc. on Oct. 14 announced the U.S. Department of Energy’s Loan Programs Office has granted the company an extension of the conditional commitment for the $1.46 billion loan guarantee for its proposed sustainable aviation fuel (SAF) project.

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The U.S. EIA maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 7. The production outlook for “other” biofuels, which includes SAF, was also unchanged.

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Japan Airlines Co. Ltd. (JAP) on Oct. 8 announced it has invested in MORISORA Bio Refinery LLC to advance sustainable aviation fuel (SAF) produced from domestically sourced woody biomass bioethanol.

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Representatives of Kilpatrick explore the evolving landscape of SAF financing and contract structures, focusing on the U.S. market, offering insights for industry stakeholders seeking to navigate this complex environment.

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Shell’s recent decision to cancel its Rotterdam biorefinery project will be costly, according to a third quarter update note published by the company on Oct. 7. Shell expects to write down approximately $600 million due to the cancellation.

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Green Carbon Development, led by Process Technical Services, announced on Oct. 2 that it has selected Axens Vegan technology for its upcoming renewable fuels facility. The 10,500 BPSD facility will produce SAF and renewable diesel.

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Eni has confirmed plans to convert portions of its Sannazzaro de’ Burgondi refinery in Pavia, Italy, to produce renewable diesel and sustainable aviation fuel (SAF). The biorefinery is expected to be operational in 2028.

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Hawaii’s only refinery has expanded its product portfolio to include renewable diesel and sustainable aviation fuel, providing local jobs and supporting the state’s decarbonization goals.

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Lux Research provided insight regarding the approaching 2030 SAF mandate, potential technology pathways, gaps in the value chain and the road to success.

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XCF Global Inc. and FlyORO Technologies Pte. Ltd. on Oct. 1 announced the signing of a MOU to explore the creation of a global partnership to help solve one of aviation's biggest bottlenecks: SAF supply chain and blending inefficiencies.

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SAF producer XCF Global Inc. has signed a letter of intent with Posh Robotics through its subsidiary New Rise Renewables Reno LLC to explore deploying Posh Energy's flex-fuel gensets at the New Rise Reno renewable fuels facility.

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The sustainable aviation fuel (SAF) industry’s biggest players gathered at the North American SAF Conference and Expo in Minneapolis on Sept. 22-24 to confront the sector’s steep challenges and chart its path forward.

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LanzaJet Inc. has been awarded more than $13 million (£10 million) from the U.K. Department for Transport’s Advanced Fuels Fund to accelerate development of Project Speedbird, a major SAF biorefinery in Teesside, U.K.

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As the global race to decarbonize aviation intensifies, new research from PA Consulting reveals the significant benefits of sustainable aviation fuel (SAF), with 83% of U.S. respondents believing SAF holds promise for job creation.

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LanzaJet Inc. on Sept. 23 announced it has signed an agreement with Kazakhstan-based Kazmunaygas (KMG) to advance the country’s first sustainable aviation fuel (SAF) project featuring LanzJet’s ATJ technology.

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The International Air Transport Association, in partnership with Worley Consulting, has published a study demonstrating that sufficient SAF feedstock exists to enable the airline industry to achieve net zero CO2 emissions by 2050.

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DHL Express has on Sept. 22 announced a new phase in its ongoing partnership with Cambridge University Press & Assessment, demonstrating significant efforts to reduce greenhouse gas emissions through the use of SAF.

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Wisconsin state lawmakers on Sept. 22 announced the introduction of the Forestry Revitalization Act, a bill that aims to provide $210 in incentives to attract the development of a proposed $1.5 billion woody biomass-to-SAF project.

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On Sept. 22, the Sustainable Aviation Buyers Alliance announced a new initiative to enable COP30 attendees to support the clean energy transition and address emissions from their air travel via the use of sustainable aviation fuel (SAF).

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