August 25, 2022
BY Erin Krueger
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Aemetis Inc. released fourth quarter financial results on March 12, reporting a 61% increase in renewable natural gas (RNG) production. The company also highlighted operations at its California ethanol plant and biodiesel facility in India.
The USDA reduced its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released March 10. The expected price for soybean oil was revised up.
Gevo Inc. on March 5 announced plans to expand capacity at its North Dakota ethanol plant to 75 MMgy. The company also plans to make a final investment decision on the development of an adjacent SAF project later this year.
A newly released independent economic impact study finds that biomanufacturing projects located in Biofuel Development Opportunity (BDO) Zones generate substantial and repeatable economic benefits.
Par Pacific Holdings Inc. on Feb. 24 confirmed commissioning is underway on a biorefinery project under development at the company’s Kapolei refinery in Hawaii that will add 61 MMgy of capacity to produce renewable diesel, SAF and associated biofuels.