Diamond Green Diesel announced on Tuesday December 10 that it had received approval from the Internal Revenue Service (IRS) for its excise tax registration, a required step for any producer to receive potential Clean Fuel Production Credits (CFPC) for sustainable aviation fuel (SAF) or renewable diesel.
The announcement comes while uncertainty continues over a lack of guidance regarding the implementation of the CFPC, also known as 45Z, tax credits created by the 2022 Inflation Reduction Act (IRA). The CFPC was intended to replace the Blender’s Tax Credit (BTC), which expires at the end of 2024.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...