July 1, 2021
BY Erin Krueger
Advertisement
Advertisement
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.
Repsol on March 10 announced plans to invest up to EUR 10 billion ($11.61 billion) in its operations through 2028, with a portion of that investment dedicated to low-carbon projects, including renewable fuels.
Fuel retailers are calling on the Senate Committee on Agriculture, Nutrition and Forestry to reinstate the Biodiesel Blenders’ Tax Credit, noting that the transition to the 45Z clean fuel production credit has stifled the biodiesel market.
thyssenkrupp Uhde has been awarded a contract by Halifax-based Nova Sustainable Fuels to perform an integration and optimization study for NSF’s biomass-to-methanol project in Nova Scotia, Canada.
Celtic Renewables has secured £16.23 million in public and private funding to scale its production of high-demand green chemicals. The company plans to develop a commercial-scale facility to produce bioacetone, biobutanol, and bioethanol.