
SOURCE: CoBank
October 20, 2025
BY Erin Krueger
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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.
U.S. biofuels producers consumed an estimated 27.136 billion pounds of feedstock in February, down 6% when compared to the previous month, but up 4% when compared to February 2025, according to data released by the U.S. EIA.
Phillips 66 released Q1 financial results on April 29, reporting a decrease in pre-tax loss for its renewable fuels segment. As economics for biobased diesel fuels continue to improve, the company expects to see additional improvement in Q2.
Restaurant Technologies Inc. recycled a record 393 million pounds of used cooking oil (UCO) in 2025. Nearly 100% of the UCO was manufactured into renewable diesel or biodiesel for vehicles on the road, or into SAF for aircraft.
Valero Energy Corp. on April 30 released first quarter financial results, reporting a profitable three-month period for both its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.