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Provectus Biofuels secures LOI for offtake of up to 10 million liters of SAF

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By Provectus Biofuels Inc.

September 15, 2025

Sustainable Aviation Fuels Business Use 

Provectus Biofuels Inc. on Sept. 11 announced it has signed a non-binding letter of intent with a regional Alberta airport that sets out indicative terms under which both parties intend to negotiate a definitive long-term offtake agreement for SAF.

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The USDA maintained its 2024-’25 and 2025-’26 forecasts for soybean oil use in biofuel production in its latest WASDE report, released Sept. 12. The estimate for 2023-’24 soybean oil use in biofuel production was revised up.

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The USDA increased its forecast for 2025 soybean production in its latest Crop Production report, released Sept. 12. Soybean production for beans is forecast at 4.3 billion bushels, up slightly from the August forecast, but down 2% from last year.

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Sen. Chuck Grassley on Sept. 10 called the U.S. Treasury Department’s planned May 2026 release of proposed 45Z clean fuel production credit regulations “unacceptable” and stressed the importance of timely 45Z guidance to two Treasury nominees.

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Wood pellet consumption in the European Union is expected to begin to rebound this year, reaching 23.45 million metric tons with increases for both residential and industrial use, according to a report filed with the USDA.

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Taihei Dengyo on Sept. 5 announced it will move forward with plans to build a 2-megawatt (MW) wood biomass power plant in Murakami City, Niigata Prefecture, Japan. The facility will be operated by Murakami Green Power LLC

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Clean Energy Fuels Corp. on Sept. 11 announced the appointment of Marc de Guilhem de Lataillade and Aimeric Ramadier to its board of directors effective immediately. Both executives represent TotalEnergies.

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Worley has been awarded a contract by Preem for FEED verification for the planned conversion of the ICR plant at the Lysekil refinery in Sweden from conventional diesel production to the production of renewable diesel and SAF.

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MAIRE announces that NEXTCHEM, through its subsidiary MyRechemical, has been awarded an engineering study contract by Altalto Ltd. based on its proprietary NX Circular gasification and NX CPO technologies for a SAF plant in the U.K.

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The U.S. Department of Energy on Aug. 29 awarded funding to two SAF research projects, including a project that aims produce SAF from bio-derived methanol and a project that aims to use distillers grains with solubles (DGS) as a SAF feedstock.

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More than 40 members of Congress on Sept. 9 sent a letter to U.S. EPA Administrator Lee Zeldin urging the agency to reduce proposed RFS RVOs for 2026 and 2027, block reallocation of SRE volumes, and scrap plans to boost domestic biofuel production.

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Clean Fuels Alliance America on Sept. 10 thanked Sens. Pete Ricketts, R-Neb., and Shelley Moore Capito, R-W.V., for examining the Renewable Fuels for Ocean-Going Vessels Act in a Senate Environment and Public Works Committee hearing.

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USA BioEnergy on Sept. 10 announced it has selected Johnson Matthey and Honeywell to provide their industry-leading process technologies to USA BioEnergy to produce synthetic paraffinic kerosene (SPK) at its Bon Wier, Texas biorefinery.

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Altalto (Immingham) Limited, owned by Velocys, on Sept. 8 announced it has been awarded funding from the U.K. Department for Transport's Advanced Fuels Fund to progress the basic engineering design of its flagship waste-to-SAF facility.

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BerQ RNG on Sept. 5 announced it has completed the sale of two landfill-gas-to-RNG projects. The first project, located in Kentucky, is near completion. The second project, in New York, is currently under development.

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Sen. Mike Lee, R-Utah, on Sept. 9 introduced the Protect Consumers from Reallocation Costs Act, which aims to block the U.S. EPA from reallocating RFS renewable volume obligations (RVOs) waived via the small refinery exemption (SRE) program.

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Renewables are currently expected to account for 25% of U.S. electricity generation in 2025, increasing to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released on Sept. 9.

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The U.S. EIA reduced its outlook for 2025 biodiesel and renewable diesel production in its latest Short-Term Energy Outlook, released Sept. 9. The 2026 production outlook for other biofuels, which includes SAF, was revised up.

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Anaergia Inc. on Sept. 8 announced plans to sell its development-stage project asset, Riverside Bioenergy Facility LLC, to a developer. An Anaergia affiliate will perform EPC and O&M services for the RNG project.

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Axens has announced the startup of a 100% sustainable aviation fuel (SAF) unit in Asia. The facility features Axens’ Vegan technology and has the capacity to entirely convert renewable feedstock into high value SAF.

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The Canadian government on Sept. 5 announced it is taking action to assist the country’s canola and agriculture producers by introducing a new biofuel production incentive and amending the country’s Clean Fuel Regulations.

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The U.S. Department of Energy’s 2025 U.S. Energy and Employment Report indicates that nearly 112,000 workers were employed by the U.S. renewable fuels industry last year, accounting for roughly 10% of total U.S. employment in the fuels sector.

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The ABC, with the Let Green Gas Count Coalition, on Sept. 5 announced recommendations that allow corporate GHG reporting in the Greenhouse Gas Protocol to recognize the full greenhouse gas benefits of biogas and RNG.

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Delta Air Lines, in collaboration with Shell and Portland International Airport (PDX), has taken delivery of sustainable aviation fuel (SAF) into the PDX fuel system, marking the first commercial-scale SAF uplift at PDX.

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Vanguard Renewables on Sept. 2 released a new white paper that outlines how the U.S. is uniquely positioned to benefit from the International Maritime Organization’s upcoming Net-Zero Framework via the production of bio-LNG.

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U.S. imports of biodiesel and renewable diesel significantly decreased in the first half of 2025 compared with the same period in previous years. This decline is primarily due to the loss of tax credits for imported biofuels, according to the U.S. EIA.

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Hawaiian Airlines on Aug. 29 announced it will be incorporating SAF on flights between Osaka, Japan, and Honolulu, Hawai‘i under a sales agreement between parent company Alaska Air Group Inc. and Cosmo Oil Marketing Co. Ltd.

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The U.S. exported 979,282.7 metric tons of wood pellets in July, up when compared to both the 743,157.7 metric tons exported in June and 874,578.9 metric tons exported in July 2024, according to data released by the USDA on Sept. 4.

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The White House Office of Management and Budget on Sept. 4 published its Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions, which confirms the U.S. EPA plans to finalize its Renewable Fuel Standard “Set 2” rule by October.

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Redtail Renewables and Pacolet Milliken on Sept. 4 announced the formation of joint venture RPM Holdings, which launched with the acquisition of a renewable natural gas (RNG) project located near Owensboro, Kentucky.

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