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Phillips 66 ramps up production at Rodeo biorefinery, targets Q3 for SAF production

SOURCE: Phillips 66

April 30, 2024

BY Erin Voegele

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XCF Global and BGN expand strategic relationship with execution of term sheet for renewable fuel tolling at XCF New Rise Renewables Reno facility and future facilities

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By XCF Global Inc.

30 minutes ago

Sustainable Aviation Fuels Business 

XCF Global Inc. on April 9 announced that it has entered into a binding term sheet with BGN INT US LLC to explore developing a global distribution and logistics partnership for SAF, renewable diesel and renewable naphtha.

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The DHL Group on April 14 announced a major expansion of its SAF collaboration with IAG Cargo. The new five-year agreement, together with a previous 2025 renewal, will enable approximately 240 million liters of SAF uplifted at Heathrow Airport.

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The California Senate Budget and Fiscal Review Committee’s Subcommittee 2 on Resources, Environmental Protection and Energy on April 9 heard testimony focused on California. Gov. Gavin Newsom’s proposed SAF tax credit.

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XCF Global Inc. on April 9 announced that the conversion of its New Rise Renewables Reno plant remains on schedule. The company currently expects the SAF facility could begin commissioning in early June.

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On April 7, U.S. Department of Agriculture Rural Development Montana State Director Bill Warden announced the agency is investing in the future of Montana’s biofuel industry through Beaverhead Tourism Council in Dillon, Montana.

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