Industry News

  • Biofuel industry criticizes US EPA’s triennial report

    July 5, 2018
    On June 29, the U.S. EPA released its second report to Congress on the environmental and resource conservation impacts of the RFS program, as required by the Energy Independence and Security Act. Biofuel representatives criticized the report.
  • US Senate passes 2018 Farm Bill, mandatory energy title funding

    July 5, 2018
    On June 28, the U.S. Senate passed its version of the 2018 Farm Bill with a strong bipartisan 86-11 vote. The legislation, titled The Agricultural Improvement Act of 2018, includes mandatory funding for Energy Title programs.
  • Bridgeport Biodiesel retains M&A specialist Equity Partners HG

    June 28, 2018
    Bridgeport Biodiesel 2 LLC, a fully permitted, commercial-scale biodiesel refinery with a capacity of 13 MMgy, has retained Equity Partners HG to find an investor or buyer for the company. The plant is just 50 miles north of New York City.
  • List published of engine, vehicle makers approved for biodiesel

    June 28, 2018
    As can be seen from the approval list published jointly by AGQM, UFOP and the Association of the German Biofuel Industry (VDB), heavy-duty road traffic can use increasing quantities of biodiesel in the future, including B20, B30 and B100.
  • Proposed RFS growth sends hopeful signal to biodiesel industry

    June 26, 2018
    The EPA proposed RVOs for the biomass-based diesel category would increase from 2.1 billion gallons in 2019 to 2.43 billion gallons in 2020. The advanced biofuel category would also increase from 4.29 billion in 2018 to 4.88 billion gallons in 2019.
  • Colo. business owners indicted for $7M biodiesel tax credit fraud

    June 26, 2018
    Matthew Taylor and Martin Fields owned businesses in Colorado and New Jersey and allegedly conspired with the owner of a Colorado-based home heating oil business, Shintan Inc., to file more than $7 million in false tax credit claims with the IRS.
  • Producers, marketers unify in support of biodiesel tax credit

    June 25, 2018
    A diverse group of associations sent a letter to Congressional leaders announcing a unified position to maintain and extend the current biodiesel blenders tax credit to encourage investment and job creation while providing environmental benefits.
  • Largest US biodiesel producer testifies before House subcommittee

    June 22, 2018
    REG CEO Randy Howard, on behalf of the National Biodiesel Board, delivered testimony before the House Energy and Commerce Subcommittee on Environment at a hearing on the current status and future prospects of advanced biofuels under the RFS.
  • House Democrats demand answers from EPA on RFS, biofuel waivers

    June 22, 2018
    On June 20, 12 Democratic members of the House Energy and Commerce Committee and House Committee on Agriculture asked the U.S. EPA to provide additional information regarding its failed implementation of the Renewable Fuel Standard.
  • Conventional soybean meal prices take a nosedive

    June 21, 2018
    Soybean meal prices have come down significantly since the beginning of May. Ample supply from Brazil, favorable growing conditions in the U.S. and an escalating trade dispute between China and the U.S. are putting downward pressure on prices.