



PHOTO: WHITEFOX
February 13, 2023
BY Luke Geiver
Advertisement
Advertisement
Gevo Inc. on Aug. 6 announced it has cancelled plans to develop a SAF project in South Dakota. Rather, the company remains focused on its North Dakota operations, including plans to expand ethanol production capacity and develop a 30 MMgy SAF plant.
Montauk Renewables Inc. on Aug. 5 reported the company’s renewable natural gas (RNG) production increased by 3% during the second quarter. Renewable electricity production expanded by nearly 5% during the three-month period.
Aemetis Inc. on Aug. 6 reported the company achieved 20% revenue growth during the second quarter. During an earnings call, company officials discussed ongoing improvements at the Keyes ethanol plant and plans to expand biogas production.
Phillips 66 on Aug. 5 reported the company’s renewable fuel segment achieved significantly higher pre-tax income during the second quarter due to higher regulatory credits from higher pricing and renewable fuels production.
Par Pacific Holdings Inc. released second quarter financial results on Aug. 5, reporting its Hawaii renewable fuels facility ramped up production during the three-month period after commencing operations in April.