Industry News

  • New US biodiesel industry vision lays out 2030, 2050 use targets

    January 21, 2020
    The National Biodiesel Board’s vision for the U.S. biodiesel industry includes ensuring the fuel be recognized for its superior performance characteristics, and growing its use to more than 6 billion gallons by 2030 and 15 billion gallons by 2050.
  • Phillips 66, REG cancel Washington renewable diesel project

    January 21, 2020
    Phillips 66 and REG are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington, the companies announced Jan. 21. The project has been canceled due to permitting delays and uncertainties.
  • Diesel fleets will continue to thrive with biodiesel

    January 21, 2020
    National Biodiesel Conference & Expo attendees in Tampa Jan. 21 received a glimpse into the future as industry leaders from the Fuels Institute, NTEA and major OEMs mapped out the road ahead for the freight and transportation industries.
  • Study addresses deforestation, confirms benefits of US biodiesel

    January 20, 2020
    The latest research from economic modeling experts at Purdue University shows the impacts of U.S. biofuel policy on deforestation in Southeast Asia are insignificant . The new research also confirms there is no shortage of feedstock or farmland.
  • IRS publishes guidance on claiming 2018-’19 biodiesel tax credit

    January 16, 2020
    The IRS published guidance Jan. 15 for companies seeking to claim the biodiesel and renewable diesel tax credit for 2018-’19. The IRS is providing a 180-day period for companies to claim retroactive tax credits, beginning Feb. 14 and ending Aug. 11.
  • Shaw says IRFA ready, willing to work with EPA in 2020

    January 16, 2020
    At the 2020 Iowa Renewable Fuels Summit Jan. 16, IRFA executive director Monte Shaw addressed attendees on the state of the Iowa biofuels industry, characterizing it as frustrated but focused on moving forward, working cooperatively with EPA in 2020.
  • Crown unveils innovative pretreatment system for renewable diesel

    January 15, 2020
    Crown introduces its game-changing Renewable Diesel Pretreatment System that doubles hydrotreater catalyst life, yields the industry’s highest output of pretreated product, and guarantees product quality specifications, regardless of feedstock.
  • President Trump signs Phase 1 trade agreement with China

    January 15, 2020
    President Trump signed the Phase One trade deal between the U.S. and China Jan. 15, a move expected to deescalate trade tensions between the two countries while reopening key markets for U.S. farmers. Chinese tariffs on U.S. soybeans remain in place.
  • Diamond Oil Co. receives biodiesel award from Iowa ag secretary

    January 15, 2020
    Iowa Secretary of Agriculture Mike Naig presented Elliott Oil Co. of Ottumwa and Diamond Oil Company Inc. of Des Moines with the 2020 Renewable Fuels Marketing Awards at the FUELIowa annual meeting in Des Moines Jan. 14.
  • Washington Gov. Inslee urges state to adopt Clean Fuel Standard

    January 14, 2020
    Washington Gov. Jay Inslee visited the Port of Seattle Jan. 10 to call on the state legislature to adopt a Clean Fuel Standard during its 2020 legislative session. He was joined by Alaska Airlines, which has announced its support for the program.