Hong Kong-based biofuels producer EcoCeres announced on Monday August 12 that it had leased 26.4 million gallons of fuel storage space near its planned biofuels production plant in Johor, Malaysia.
The Malaysian facility will produce renewable diesel, sustainable aviation fuel (SAF) and renewable naphtha, utilizing used cooking oil (UCO) and waste water from palm oil mills as feedstocks. The hydrotreated esters and fatty acids (HEFA) plant is expected to come online in late 2025 with a production capacity of 115 million gallons per year.
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...