Panda Biotech Lands Extension for Municipal Funding

Panda Biotech Lands Extension for Municipal Funding

Panda Biotech, the Dallas-based corporation developing a high-throughput hemp fiber processing facility, has received another key extension to reach job creation goals established by the Wichita Falls, Texas City Council.  The council voted unanimously to extend the incentive package to August 2026, by which time the company plans to fill 50 full-time positions.

Panda has received more than $2.6 million to purchase and outfit a former Delphi plant, including a $1-million loan that was previously extended to December 2021, and later extended to December 2023.  The facility is purportedly fitted with decortication machinery and secondary processing equipment already.

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04.19.2024

Reduced March RIN production not leading to higher RIN Prices

Reduced March RIN production not leading to higher RIN Prices

Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...

04.19.2024

CWG, YG higher on week, UCO, DCO down again

CWG, YG higher on week, UCO, DCO down again

The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.

04.19.2024

Price pressure on ruminant and porcine items for the week

Price pressure on ruminant and porcine items for the week

Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.

Wide ranges were witnessed on porcine bloodmeal (BM), with a...

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