*Please Note – Bob Lane was out of the office today and will return on Monday, May 22, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
On May 15, the U.S. Environmental Protection Agency (EPA) sent its final rule regarding renewable volume obligations (RVO) for the next three years to the White House Office of Management and Budget for review. Absent any delays, this is the final step before the rule is officially published by June 14.
Released in December 2022, the proposed draft rule would increase biofuel blending volume requirements through 2025 under the Renewable Fuel Standard (RFS). It calls for an overall blending mandate of 20.82 billion gallons in 2023, 21.87 billion gallons in 2024 and 22.68 billion gallons in 2025. The rule also proposes requiring refiners to buy newly classified “e-RINs” from makers of electric cars.
Although several biofuels groups have asked the…
01.30.2025
Diamond Green Diesel will look to Europe for RD, SAF: Valero
The most attractive markets for renewable diesel (RD) and sustainable aviation fuel (SAF) are Europe and the UK, Eric Fisher, senior vice president of US-based fuels producer Valero, said...
01.30.2025
DCO holds firm while animal fats sentiment softens amid market uncertainty
Activity in the US animal fats and oils markets eased on Thursday January 30 as the month neared its end on a more cautious note amid ongoing uncertainty.
01.30.2025
Limited hide bidding interest; some Chinese tanners engage for discounts
Several hide sellers noted limited bidding interest on Thursday January 30, except for one packer who received strong volume bids from Chinese upholstery and shoe tanners despite the ongoing...