Biodiesel and renewable diesel (RD) capacity in the US expanded in April, according to data released on Friday June 28 by the US Energy Information Agency (EIA). Combined capacity increased by 4.8% to an all-time high of 6.1 billion gallons, up from 5.8 billion gallons in March.
Biodiesel capacity rose by 7 million gallons to 1.99 billion gallons in April, marking a capacity increase for the first time in seven months. Biodiesel capacity has been on a slow decline since 2022 and is 4.6% lower year on year.
RD capacity increased by 272 million gallons to 4.13 billion gallons in April. This was a 7.1% growth from March and a 26% rise from April 2023. The ramping up of Phillips 66’s Rodeo facility was behind the capacity increase.
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07.03.2024
Slower rail, barge shipments of RD, biodiesel to US West Coast
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report for April, released on Friday June 28, showed that rail and barge shipments of renewable diesel (RD) and biodiesel...
07.03.2024
DCO prices move higher on support from soybean oil markets
Please note: Fastmarkets will not publish an animal fats bulletin on Thursday July 4 due to the Independence Day holiday in the US. We will resume our domestic market...
07.03.2024
Animal protein values wide ranging; Q2 HPAI headcounts above 2022/23
Please note: Fastmarkets will not publish a bulletin on Thursday July 4 in observance of the Independence Day holiday in the US.
Limited animal protein volumes were reported...