
BluSky Vulcan Heavy System AR1 in Arkansas. / SOURCE: BluSky Carbon Inc
October 31, 2024
BY BluSky Carbon Inc.
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Calumet Inc. on May 8 confirmed that the MaxSAF expansion at its Montana Renewables facility was completed on time and on budget. The facility has resumed operations and now has the capacity to produce 150 MMgy of SAF.
Gevo Inc. on May 7 confirmed the company has received nonbinding indications of interest from multiple parties regarding efforts to finance its proposed AtJ project in North Dakota. Efforts to boost ethanol production capacity are also progressing.
Aemetis Inc. on May 7 released Q1 results, reporting a 27% increase in revenues with growth across its ethanol, RNG and biodiesel segments. Plans for a proposed renewable diesel and SAF plant continue to be impacted by 45Z guidance delays.
Par Pacific Holdings Inc. on May 5 confirmed that its Hawaii renewable fuels facility began operations in April. The biorefinery has the capacity to produce 61 MMgy of renewable diesel, SAF and other renewable fuels.
Marathon Petroleum Corp. released first quarter financial results on May 5, reporting a significant increase in adjusted EBITDA for its renewable diesel segment on stronger margins and the recognition of 45Z clean fuel production credits.