04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Renewable Energy Group Provides Update on Geismar Facility
REG President and CEO Cynthia ‘CJ’ Warner issued the following statement regarding its renewable diesel plant located in Geismar, Louisiana.:
“The safety of our team members, their families and the community is our priority. In advance of Hurricane Ida’s landfall, our local team brought down the plant in a safe and secure manner. Now that the storm has passed, confirming the safety of REG personnel and assessment of equipment are underway.”
Biofuel Capacity and Feedstock Use Declines in June
The Energy Information Administration (EIA) Monthly Biofuels Capacity and Feedstock Update for June showed a decline in biofuel production capacity and slight reduction in feedstocks consumed. Fuel Alcohol production capacity decreased from 17.396 billion gallons to…