*Please Note – Bob Lane was out of the office today and will return on Monday, October 2, 2023.
Biofuels producer Neste has expanded its capacity to supply renewable fuels to customers on the U.S. West Coast, in partnership with energy infrastructure provider Vopak, according to a news release. The Vopak Los Angeles Terminal is in the Port of Los Angeles and is connected to fuel logistics via vessels, barges, trucks and pipelines. The expansion will increase the availability of sustainable aviation fuel (SAF) to airlines at Los Angeles International Airport and renewable diesel (locally known as R99) for fuel stations.
“Our cooperation with Vopak shows how repurposing existing fuel distribution infrastructure can accelerate the much-needed transition to renewable energy,” Annika Tibbe, acting president for Neste US, said in the news release.
The repurposing of Vopak’s assets from oil and traditional…
09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
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Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...