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 an active day in the market with tallow trading lower on a Chicago basis today. Packer bleachable fancy tallow (BFT) traded down to 47 cts/lb Chicago for three rail cars. A good volume of technical tallow traded down to 49 cts/lb Chicago and choice white grease (CWG) was lower on a Chicago basis as well. Renderer BFT remains quiet with no activity reported.
Distiller’s corn oil (DCO) was lower this afternoon on an FOB basis, falling to a 51 – 52 range for most markets with action seen for December and indicated lower for January, although for limited volume.
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