Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Canada’s renewable diesel projects hit by US import surge
Higher biodiesel mandates in Indonesia to curb palm oil supplies, analyst says
Decrease in available palm oil would be ‘catastrophic’ for global consumers, analyst says
Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday. Indonesia currently has a mandatory 35 per cent blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40 per cent palm oil to cut its energy imports.
Flow of canola oil to U.S. set to hit record in 2024
American biofuel producers in the first four months of the year imported Canadian canola oil at record pace, and the flow seems set to continue for now according to analysis from Farm Credit Canada. Canada exported nearly 1.4 million tonnes of refined and crude canola oil to the U.S. from January to April.
JBS supplies tallow, lard for sustainable aviation fuel
Brazilian meatpacker JBS is supplying tallow and lard from its international operations for production of renewable aviation fuels, and it is studying a similar initiative in Brazil through the Friboi brand, the company said on Monday.
Renewable diesel facility to run on Alberta canola
Imperial receives 12 per cent tax credit for Strathcona-based agri-processor
Reading Time: 2 minutes The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year. The credit comes from the Province of Alberta’s Agri-Processing Investment Tax Credit, which offers a 12 per cent non-refundable […] Read more
Canola sector anticipates biofuel boom
Renewable fuels could give canola demand ‘unprecedented’ growth
Reading Time: 5 minutes Glacier FarmMedia – Increased demand driven by the biofuels market will put upward pressure on canola prices. The biofuels industry could drive canola demand into uncharted territory in the coming decade, says one industry expert. “The capacity of crush could grow from 11.3 million metric tonnes today to 18 million metric tonnes in three or […] Read more
US approves E15 gasoline sales expansion in Midwest starting 2025
Corn-based ethanol industry frustrated by late start date
The U.S. government said on Thursday it approved a request from Midwestern governors allowing expanded sales of gasoline with higher blends of ethanol in their states, starting in 2025.
Renewable diesel plans questioned
Conventional diesel is still cheaper than biodiesel: analyst
Reading Time: 3 minutes The renewable diesel math does not add up, according to one economist. Excitement around biofuels has been high in both Canada and the U.S., with organizations like the Canola Council of Canada flagging the fledgling market as a potential major driver of demand in coming years. Biofuels “seem to be taking the front-and-centre space for […] Read more
Company seeks stinkweed acres in the U.S.
Fit seen in renewable diesel feedstock market, Canola Week told
Reading Time: 2 minutes Kevin Cook wants farmers to grow more weeds. He is the vice-president of breeding at CoverCress Inc., a company that has successfully converted stinkweed, also known as pennycress, into a viable winter oilseed cover crop. The initial target market will be the central United States but it could eventually make its way north to Western […] Read more
U.S. to boost biofuel mandates over next three years
Biofuel groups still feel shortchanged
Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough. The U.S. Environmental Protection Agency has finalized […] Read more
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