04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
It was a big week for the RIN markets with the D4 RIN nearing $1.20. This comes as welcome news to biomass-based diesel producers who were working with challenging production economics due to the high feedstock prices versus diesel, also known as the BOHO spread. The gains in the soybean oil futures market showed considerable strength over past months in relation to lower diesel prices. The D4 development structurally comes as good news to producers, but less so with just those with the compliance…