
SOURCE: Cepsa
August 30, 2024
BY Cepsa
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Neste Corp. on Oct. 29 announced sales of SAF reached a record 251,000 metric tons during Q3. The company’s renewable products segment reported improved EBTIDA, comparable sales margins and sales volumes for the three-month period.
Phillips 66 doubled its production of SAF during the Q3 and expects additional increases in production to be realized in Q4, according to statements made during the company’s third quarter earnings call on Oct. 29.
In another landmark step toward maritime decarbonization, Anew Climate and Seaspan Energy have successfully completed their first ship-to-ship loading operation of renewable liquefied natural gas (Bio-LNG) in the Port of Long Beach, California
Parkland Corp. released Q3 results on Oct. 27, reporting that the volume of biobased feedstock co-processed at its Burnaby Refinery was up 50%. The company also announced its previously announced purchase by Sunoco LP is expected to close Oct. 31.
The Washington Department of Ecology is working to develop a programmatic environmental impact statement for SAF that will provide a foundation for future project-level environmental reviews. A public comment period is open through Nov. 5.