July 23, 2024
BY Erin Voegele
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The Louisiana House of Representatives on May 13 voted unanimously to approve a bill that aims to benefit the state’s wood pellet manufacturing industry. On the same day, the bill also reported favorably out of a Senate committee.
Montauk Renewables on May 6 reported first quarter revenues increased 9% when compared to the same period of 2025. The company also announced it has commissioned the Montauk Ag Renewables project in North Carolina.
Verbio on May 13 announced biomethane production expanded 8.4% during the fiscal third quarter, the three months ended March 31, with biodiesel production up 1.5%. Ethanol production fell by 18.9% during the period.
Eni and MSC Cruises have announced the completion of a test of the use of Enilive’s HVO diesel. This test confirmed the technical feasibility of using the biofuel in its pure form in the maritime sector to power cruise ship engines.
Policy shifts, volatile winters and other market forces are impacting the wood pellet market as producers defend global markets and push for growth at home.