December 9, 2021
BY Growth Energy and Renewable Fuels Association
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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.
The European Commission in April approved a delegated regulation to update the methodology and data for high-ILUC risk biofuels. The change, if formally adopted, would phase out the use of soybean oil as a biofuel feedstock in the EU by 2030.
Ameresco Inc. and HA Sustainable Infrastructure Capital Inc. on May 4 announced their agreement to spin off Ameresco’s biofuels business into Neogenyx Fuels a newly formed joint venture that will continue to develop RNG projects.
U.K.-based Clean Planet Technologies has announced the opening of a pilot facility that converts waste plastic to sustainable aviation fuel (SAF). The facility utilizes pyrolysis, purification, distillation and hydroprocessing technologies.
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.