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CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand

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By Erin Krueger

October 14, 2024

Feedstocks Business 

Soybean oil use for biobased diesel production reached a near-record high in June, but demand for soybean oil feedstock continues to face headwinds from rising imports of UCO and tallow, according to CoBank.

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Formula 1 has been working with DHL Global Forwarding's GoGreen Plus service to reduce its greenhouse gas emissions by around 80% per flight compared to conventional aviation fuel by utilizing sustainable aviation fuel (SAF).

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LanzaTech Global Inc. has announced its plans to expand its biorefining platform capabilities to include operations that produce LanzaTech Nutritional Protein (LNP) as the primary product via its proprietary gas fermentation process.

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The IEA on Oct. 9 published its annual Renewables market report, which for the first time includes a chapter focused on renewable fuels that outlines expected growth in liquid biofuels, including SAF, biogas, and other forms of bioenergy through 2030.

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Greenlane Renewables Inc. on Oct. 7 announced that its wholly owned subsidiary Airdep S.r.l. has expanded its sales into the South American market, specifically in Brazil, with a first customer order for its biogas desulfurization equipment.

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The Clean Fuels Alliance Foundation is now accepting applications for the Beth Calabotta Sustainability Education Grant. Established in 2018, the grant aims to support student scientists dedicated to sustainable research.

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Honeywell and SGP BioEnergy on Oct. 8 announced they are working together to develop new, scalable technology to convert industrial hemp and other plant-based material into biochemicals that can be used to produce plastics and other everyday items.

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The U.S. Energy Information Administration reduced its forecast for 2025 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 8. The 2024 and 2025 forecasts for “other biofuels,” which includes SAF, were maintained.

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Clean Energy Technologies Inc. announced on Oct. 7 that Vermont Renewable Gas LLC, an affiliate limited liability company has been selected by the USDA as one of its Rural Energy for America Program Grant recipients.

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Enviva Inc. on Oct. 3 filed its 2023 annual report with the SEC and the following day submitted an amended Chapter 11 reorganization plan to the U.S. Bankruptcy Court for the Eastern District of Virginia.

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Emvolon has announced an agreement with Montauk Renewables Inc. to produce carbon-negative fuels and chemicals. The companies plan to develop a commercial-scale demonstration project to convert biogas into methanol at a landfill site in Texas.

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Aether Fuels has signed an MOU with JetBlue. The company has developed technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels, such as SAF, at a lower cost and greater scale than existing approaches.

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Ameresco Inc., Republic Services Inc. and Pacific Gas and Electric Company on Oct. 2 celebrated the ribbon cutting for California’s largest and most resilient LFG-to-RNG plant, located at the Keller Canyon Landfill in Pittsburg, California.

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GFL Environmental Inc. and OPAL Fuels Inc. have announced their joint venture, Paragon RNG, has commenced commercial operations of its new renewable natural gas (RNG) facility at the Sampson County Landfill.

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Cepsa is now supplying SAF in the Canary Islands. The company has made SAF permanently available at the North Tenerife and Gran Canaria airports, and will expand this availability to the archipelago’s other main airports.

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Aemetis Inc. on Oct. 3 announced that its Aemetis Biogas subsidiary has completed initial construction of a multi-dairy anaerobic digester to process waste from approximately 14,000 dairy cows in Merced County, California.

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Lummus Technology and Next Wave Energy Partners LP announced the production of the world's first renewable alkylate. This renewable alkylate, derived from ethanol, is a biobased, low carbon intensity fuel blending component.

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Comstock Inc. has announced the execution of an exclusive license agreement and cooperative research and development agreement with NREL involving technologies developed by NREL and MIT for conversion of lignocellulosic biomass into SAF.

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The government of Illinois on Sept. 30 announced Crysalis Biosciences Inc. will receive incentives under the state’s REV Illinois program to support its SAF project under development in Sauget, a suburb of St. Louis, Missouri.

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Downey Ridge Environmental Co. (Greasezilla) and bp on Oct. 1 announced a groundbreaking agreement that will enable the capture and extraction of brown grease waste as a feedstock for biofuel production.

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U.S. ethanol capacity expanded in July, while renewable diesel capacity fell and biodiesel capacity held steady, according to data released by the EIA on Sept. 30. Feedstock consumption was up when compared to both the previous month and July 2023.

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OPAL Fuels Inc. on Sept. 26 announced the opening of its third fueling station in El Centro, California, with GT Carriers Inc., a Southern California regional freight carrier. The station is expected to begin operations in December.

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CM Biomass announces that, after mutual agreement, Morten Buchgreitz has stepped down from his role as CEO of CM Biomass. Ask Michael Munck, chief financial officer of CM Biomass, will assume the role of acting CEO.

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Cincinnati-based Synthica Energy on Sept. 26 broke ground on a new renewable natural gas (RNG) plant in San Antonio. The facility is expected to divert 250,000 tons of waste from local landfills each year.

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Gevo Inc. has acquired Cultivate Agricultural Intelligence LLC (CultivateAI) for $6 million in cash, with the opportunity for the sellers to receive additional earn-out payments. Gevo will fold CultivateAI into its wholly owned Verity subsidiary

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Clean Energy Fuels Corp.has announced a new agreement with the Metropolitan Transit Authority of Harris County (METRO) to build the agency’s first private compressed natural gas (CNG) fueling station.

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Darling Ingredients Inc. has announced that its 50/50 joint venture Diamond Green Diesel will provide the first regular supply of sustainable aviation fuel (SAF) to Florida through an agreement between World Fuel and DHL Express.

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Honeywell has signed an agreement with USA BioEnergy to implement its Experion PKS Distributed Control System and safety system at the Texas Renewable Fuels Bon Wier biorefinery, which is designed to convert wood waste into SAF.

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The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management on Sept. 23 announced up to $15 million in funding to support hydrogen production from biomass, municipal solid waste (MSW) and other feedstocks.

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Vertex Energy Inc. has filed for Chapter 11 bankruptcy and is exploring the possible sale of its refinery in Mobile, Alabama. The move comes only months after the company announced it would shelve renewable diesel production.

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