January 7, 2022
BY Erin Krueger
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CVR Energy Inc. on Jan. 26 confirmed the reversion of the renewable diesel unit at its Wynnewood refinery back to hydrocarbon processing was completed in December. The facility is expected to retain the ability to produce renewables in the future.
Drax Group plc on Jan. 26 announced the launch of its Biomass Tracker, a new digital tool that provides greater visibility into the journey our woody biomass takes through the company’s global supply chain.
LanzaTech Global Inc., a carbon recycling company, on Jan. 22 announced the closing of the sale and issuance of shares of its common stock to a group of leading investors, including new investor, SiteGround, for gross proceeds of $20 million.
EcoCeres has officially launched its state-of-the-art renewable fuel facility in Pasir Gudang, Johor, Malaysia, marking a historic milestone as the country’s first sustainable aviation fuel (SAF) production plant.
The White House Office of Management and Budget on Jan. 23 concluded its review of a proposed rule to implement guidance for the 45Z clean fuel production credit, according to information posted to the agency’s website.