
Dave Rubenstein, president and CEO of California Ethanol + Power
March 15, 2024
BY Dave Rubenstein
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Valero Energy Corp. on Oct. 22 released third-quarter financial results, reporting record-high ethanol production volumes and a profitable three-month period for both its ethanol segment and its renewable diesel joint venture.
Honeywell Technologies released third quarter financial results on Oct. 22. During an associated earnings call, company officials briefly discussed technology agreements for low-carbon energy projects, including those focused on SAF.
Neela Biotech, the Cambridge-based biotech startup turning waste into SAF, on Oct. 8 announced it has raised £2.1 million in pre-seed funding to take its technology from the lab to a pilot-scale trial at a biogas plant over the next two years.
XCF Global Inc. on Oct. 20 announced that it has entered into a definitive agreement to acquire a renewable fuel production facility in Paramount, California through a newly formed subsidiary of XCF, New Rise Renewables Paramount LLC.
The ASEAN Centre for Energy and Airbus have signed MOU) establishing a three-year cooperation program to support the development of sustainable aviation fuel (SAF) in the Association of Southeast Asian Nations (ASEAN).