Minnesota Bio-Fuels Association
February 10, 2020
BY Minnesota Bio-Fuels Association
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Calumet Inc. on May 8 confirmed that the MaxSAF expansion at its Montana Renewables facility was completed on time and on budget. The facility has resumed operations and now has the capacity to produce 150 MMgy of SAF.
Gevo Inc. on May 7 confirmed the company has received nonbinding indications of interest from multiple parties regarding efforts to finance its proposed AtJ project in North Dakota. Efforts to boost ethanol production capacity are also progressing.
Aemetis Inc. on May 7 released Q1 results, reporting a 27% increase in revenues with growth across its ethanol, RNG and biodiesel segments. Plans for a proposed renewable diesel and SAF plant continue to be impacted by 45Z guidance delays.
The U.S. exported nearly 50,000 barrels per day (b/d) of renewable diesel and other biofuels—a category which includes sustainable aviation fuel (SAF)—in the second half of 2025 (2H25), about 20% of the combined production for those fuels.
Hawaii lawmakers on May 6 approved legislation to create a clean fuel standard (CFS) that aims to reduce the CI of transportation fuels by at lease 50% below 2019 levels by 2045. The bill will now be considered by Hawaii Gov. Josh Green.