March 14, 2022
BY Erin Krueger
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On April 29, the USDA announced an expanded partnership with the Export-Import Bank of the United States (EXIM) to increase domestic agricultural production and exports, while reducing the agricultural trade deficit. Alongside
Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.
Evonik on April 27 announced it has signed a large-scale agreement to supply its SEPURAN Green membranes and patented technology to MTC Orec Sdn Bhd (MTCO), a Malaysia-based designer and builder of biogas upgrading plants.
BASF and Nutrien Ltd. have announced a collaboration that aims to make it easier for farmers to participate in low-CI biofuel programs, including those supported under the 45Z clean fuel production credit.
Roeslein Renewables announced its support for a new national push to secure a central role for American made biofuels in the future of global maritime shipping, following the company’s decision to sign onto a joint letter organized by the ABMI.