US biodiesel capacity declined to a four-month low of 1.995 billion gallons during August, according to data released on Thursday October 31 by the US Energy Information Administration (EIA).
Biodiesel capacity was down by 27 million gallons per year (mmgy), or 1.3%, from July, while ethanol and renewable diesel (RD) capacity held steady.
Total biofuel capacity was 24.900 mmgy in August. down from 24.927 mmgy in July. RD capacity was 6.593 mmgy. and ethanol capacity was 18.307 mmgy.
The decline might have been due to scheduled maintenance or ongoing margin concerns, which have been persistent since May, Fastmarkets heard.
Biomass-based diesel (BBD) feedstock consumption edged lower for a second straight month, falling by 0.4% to 3.451 billion lb.
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10.31.2024
US biofuel capacity, feedstock demand fall in August: EIA
US biodiesel capacity declined to a four-month low of 1.995 billion gallons during August, according to data released on Thursday October 31 by the US Energy Information Administration (EIA).
10.31.2024
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