


SOURCE: GAMUT ONE STUDIOS
June 17, 2015
BY Anna Simet
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Verbio on Oct. 6 commissioned the world’s first large-scale ethenolysis plant based on rapeseed methyl ester at its Bitterfeld site. The new plant is capable of producing up to 60,000 metric tons of biobased chemicals annually.
Gevo Inc. on Oct. 1 announced sales of substantially all of the Section 45Z tax credits generated by its ethanol and renewable natural gas (RNG) facilities in 2026, totaling $70 million worth of credits.
The U.S. Energy Information Administration reduced its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 8. The production forecast for “other biofuel,” including sustainable aviation fuel (SAF), was maintained.
Greenlane Renewables Inc. on Oct. 6 announced that the company has extended its $20 million standby letter of credit facility to Sept. 30, 2027. The facility is secured by a guarantee from Export Development Canada.
XCF Global Inc. on Oct. 6 announced that XCF stockholders have approved the proposals necessary to complete the previously announced business combination involving XCF, DevvStream Corp. and Southern Energy Renewables Inc.