February 1, 2023
BY Marathon Petroleum Corp.
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Gevo Inc. on Oct. 14 announced the U.S. Department of Energy’s Loan Programs Office has granted the company an extension of the conditional commitment for the $1.46 billion loan guarantee for its proposed sustainable aviation fuel (SAF) project.
Drax has announced it will cease operations and idle pellet plant facilities in Leola and Russellville, Arkansas, effective Nov. 1, 2025. Operations at our other U.S. sites will remain unaffected, according to the company.
USTC on Oct. 9 announced it has completed the acquisition of all remaining shares in CM Biomass, becoming the sole owner of the biomass company. CM Biomass trades approximately 3.7 million tons of woo pellets and ag residues annually.
An energy pilot program at Westchester County Airport in New York has confirmed that renewable diesel delivers both financial and environmental benefits. The county tested the biobased fuel on 64 pieces of ground service equipment.
CHAR Technologies Ltd. has announced its Thorold Renewable Energy Facility project remains on track to complete construction of its commercial biocarbon production line by year-end, with RNG production expected in 2026.