Under the proposed agreement, Bunge would contribute its soybean processing facilities in Destrehan, Louisiana, and Cairo, Illinois, and Chevron is expected to contribute roughly $600 million in cash. The companies anticipate approximately doubling the combined capacity of the facilities from 7,000 tpd by the end of 2024. The joint venture would also pursue new growth opportunities in lower carbon intensity feedstocks, as well as consider feedstock pre-treatment investments.
Bunge will continue to operate the facilities, leveraging its expertise in oilseed processing and farmer relationships to manage origination and marketing of meal and plant-based oil. Chevron would have offtake rights to the soybean oil to use as renewable feedstock to manufacture biodiesel and sustainable aviation jet fuel (SAF) . Chevron would also provide market knowledge and downstream retail and commercial distribution channels.
The proposed joint venture is subject to the negotiation of definitive agreements with customary closing conditions, including regulatory approval.
(Source: Bunge, Website PR, Sept., 2021)
Contact: Bunge, Greg Heckman, CEO, Ruth Ann Wisener, 636-292-3014
Ruthann.firstname.lastname@example.org, www.bunge.com; Chevron, Mark Nelson, Exec. VP Downstream & Chemicals, Roderick Green, email@example.com, www.chevron.com
More Low-Carbon Energy News Bunge news, Chevron news, Biofuel Feedstock news, Soybean Oil news,
"Biodiesel and renewable diesel are clean, low-carbon fuels that are widely available today to achieve the carbon reductions Congress is seeking. These fuels are 74 pct less carbon intensive than petroleum diesel on average and have prevented more than 140 million tons of carbon emissions since 2010. Moreover, they substantially cut emissions of particulate matter that impact cancer rates, asthma and other respiratory diseases, which can lower associated healthcare costs. The biodiesel tax credit continues to be extremely successful in expanding consumer access to these clean, low-carbon fuels while driving economic growth and job creation."
The NBB noted the U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and more than $17 billion in economic activity each year. Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity. Biodiesel production supports approximately 13 percent of the value of each U.S. bushel of soybeans.
(Source: National Biodiesel Board, Website PR, 11 Sept., 2021) Contact: NBB, Kurt Kovarik, VP Federal Affairs, 800) 841-5849, www.nbb.org
More Low-Carbon Energy News Biodiesel Tax Credit, Renewable Diesel, National Biodiesel Board, NBB,
Fuel alcohol capacity fell 3 MMgy, from 17.396 billion gallons in May to 17.393 billion gallons in June while biodiesel production capacity held steady at 2.428 billion gpy. Other biofuels -- renewable diesel, renewable heating oil, renewable jet fuel, renewable naphtha, renewable gasoline -- dropped to 911 MMgy in June, down 60 MMgy when compared to the 971 MMgy reported for May.
According to the EIA data, 24.64 billion pounds of corn went to biofuel production in June, down from 25.136 billion pounds in May while grain sorghum feedstock increased from 12 million pounds in May to 36 million pounds in June.
The consumption of soybean oil feedstock fell to 663 million pounds, down from 788 million in June. The consumption of corn oil feedstock was also down, at 241 million pounds in June, compared to 257 million pounds in May.
Details on Monthly Biofuels Capacity and Feedstocks Update (31 Aug., 2021)
(Source: US EIA, Sept., 2021) Contact: US EIA, www.eia.gov
More Low-Carbon Energy News US EIA, Ethanol Biofuel, Biodiesel, Biofuel Feedstock,
ADM will own 75 pct of the planned $350 million plant while Marathon will hold 25 pct. The Spiritwood plant will process locally-sourced soybeans into about 600 million ppy of refined soybean oil to be processed into roughly 75 million gpy of renewable diesel(RD) at Marathon's Dickinson, North Dakota refinery, according to the ADM release. (Source: ADM, PR, Website, Grand Falls Herald, 22 Aug., 2021)Contact: Marathon Petroleum Corp., 419.422.2121, www.marathonpetroleum.com; ADM, www.adm.com; Cargill, David MacLennan, CEO, Frank van Lierde, Exec. VP, www.cargill.com
More Low-Carbon Energy News Archer Daniels Midland , Marathon Petroleum, Cargill, Renewable Diesel, Soybean Oil,
Granite Falls, Minnesota-based Fagen has reportedly constructed roughly 60 pct of the US's ethanol production capacity, as well as multiple biodiesel, wind and power projects, according to the release. (Source: Epitome Energy, PR, 18 Aug., 2021) Contact: Epitome Energy, 612-325-1330, www.epitomeenergy.com; Fagen, Evan Fagen, www.fageninc.com
More Low-Carbon Energy News Epitome Energy, Biodiesel, Soybean Oil, Fagen,
Under the terms of the agreement, the joint venture will own and operate ADM's previously reported soybean processing facility in Spiritwood, North Dakota, with ADM owning 75 pct of the joint venture and MPC holding the balance. When complete in 2023, the Spiritwood facility will source and process local soybeans and supply the resulting soybean oil exclusively to MPC.
The Spiritwood complex is expected to produce approximately 600 million ppy of refined soybean oil -- sufficient feedstock for approximately 75 million gpy of renewable diesel.
In addition to the Spiritwood joint venture, the companies anticipate working together to explore other opportunities for agriculture to support renewable transportation fuels, according to the release. (Source: ADM, Website PR, 19 Aug., 2021) Contact: Marathon, www.marathonpetroleum.com; ADM, www.adm.com
More Low-Carbon Energy News Archer Daniels Midland, ADM, Marathon Petroleum, Soybean Oil, Renewable Diesel,
In addition to joining Clean Fuels Ohio, Clean Air Biodiesel recently announced a waste cooking oil reclamation and recycling initiative for the City of Columbus. Clean Air Biodiesel is Ohio's newest biodiesel producer with a new 30,000 square-foot facility opening this autumn to produce more than 25 million gpy of biodiesel .
(Source: Clean Fuels Ohio, PR, 17 Aug., 2021)
Contact: Clean Air Biodiesel, Bruce Burke, Dir. Marketing, 614-948-8533, www.clean-air-biodiesel.com; Clean Fuels Ohio, Rachel Ellenberger, Busines Development and Communications , www.cleanfuelsohio.org; Clean Cities Coalition, www.cleancities.energy.gov
More Low-Carbon Energy News Clean Cities, Clean Air Biodiesel, Clean Cities, Biodiesel, Clean Fuels Ohio,
The study researchers found it took about half as much energy to produce jet fuel from pennycress as it did to produce jet fuel from canola or sunflowers, two other potential bio-jet fuel crops. Pennycress oil production used about a third as much energy as soybean oil production and the energy needed for turning pennycress into jet fuel was about the same as that used to produce fuel from the flowering plant camelina, another biofuel crop.
(Source: Ohio State Univ. News, 2 Aug., 2021) Contact: Ohio State University - Wooster,
Ajay Shah, Associate Professor of Food, Ggricultural and Biological Engineering, 330-263-3858, firstname.lastname@example.org, www.bsal.osu.edu
More Low-Carbon Energy News Pennycress, Biofuel, Aviation Biofuel, SAF,
"As a candidate last August, Joe Biden called the Renewable Fuel Standard 'our bond with our farmers and our commitment to a thriving rural economy.' But now, there are reports he's considering handouts to oil refiners -- at the expense of biodiesel producers and soybean farmers," the ad notes.
According to the NBB, the U.S. biodiesel and renewable diesel industry supports 65,000 US jobs and more than $17 billion in economic activity each year. Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity. Biodiesel production supports approximately 13 pct of the value of each US bushel of soybeans. (Source: NBB, Aug., 2021)
Contact: NBB, Kurt Kovarik, VP Federal Affairs, (800) 841-5849, www.nbb.org
More Low-Carbon Energy News National Biodiesel Board, RFS, Renewable Fuel Standard,
PBF is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. PBF final investment decision on the project is subject to tax incentives which are expected to be announced later in the summer.
(Source: PBF Energy, PR, June, 2021) Contact: PBF Energy, Steven Krynski, Chalmette Refinery Manager, 973.455.7500 , www.pbfenergy.com
More Low-Carbon Energy News Renewable Diesel, PBF Energy,
"As Congress looks to jump-start economic growth, rebuild infrastructure and reduce carbon emissions, they can count on biodiesel and renewable diesel to help achieve those goals. Biodiesel production is supporting economic opportunities and job creation in rural communities across the country. NBB members sincerely thank Senators Grassley and Cantwell and Representatives Axne and Kelly, along with the 27 original cosponsors.
"The biodiesel tax credit continues to be extremely successful in expanding consumer access to clean, low-carbon fuels. Biodiesel and renewable diesel are on average 74 pct less carbon intensive than petroleum diesel and have cut more than 140 million tons of carbon emissions since 2010. Moreover, these cleaner, better fuels substantially cut emissions of particulate matter that impact cancer rates, asthma and other respiratory diseases, as well as the associated healthcare costs"
According to the NBB, the U.S. biodiesel and renewable diesel industry supports 65,000 U.S. jobs and more than $17 billion in economic activity each year. Every 100 million gallons of production supports 3,200 jobs and $780 million in economic opportunity. Biodiesel production supports approximately 13 percent of the value of each U.S. bushel of soybeans. (Source: NBB, PR, 25 May, 2021)
Contact: NBB, Kurt Kovarik, VP Federal Affairs, (800) 841-5849, www.nbb.org
More Low-Carbon Energy News NBB, National Biodiesel Board, Biodiesel, Biofuel, Biodiesel Tax Credit,
ADM also plans to invest approximately $25 million to expand refining and storage capacity at its crush and refining facility in Quincy, Illinois. This project will fully align the location's refining capabilities with its crush capacity and allow for greater flexibility in meeting the needs of ADM's food, biofuel and industrial customers. The expanded capacity is expected to be online by Q1 2022, according to the release. (Source: ADM, PR, May, 2021) Contact: ADM, www.adm.com
More Low-Carbon Energy News Archer Daniels Midland news, Ethanol news,
The $350 million crush and refining complex will feature state-of-the-art automation technology and process 150,000 bushels per day of soybeans.
Strategically located in a major soybean producing area, ADM's global logistics network will enable the facility to access both domestic and global markets for soybean oil and meal.
ADM also plans to invest approximately $25 million to expand refining and storage capacity at its crush and refining facility in Quincy, Illinois. This project will fully align the location's refining capabilities with its crush capacity and allow for greater flexibility in meeting the needs of ADM's food, biofuel and industrial customers. The expanded capacity is expected to be online by Q1 2022, according to the release. (Source: ADM, PR, 10 May, 2021) Contact: ADM, www.adm.com
More Low-Carbon Energy News Archer Daniels Midland, ADM, Ethanol, Biofuel Soybean,
As previously reported, the facility is expected to produce 736 million bpy of renewable diesel. (Source: Marathon, PR, May, 2021)Contact: Marathon Petroleum Corp., 419.422.2121, www.marathonpetroleum.com
More Low-Carbon Energy News Marathon, Renewable Diesel,
CVR is also exploring renewable diesel production at its 132,000 barrel-per-day Coffeyville, Oklahoma, refinery and the possibility of using biomass as a feedstock for its renewable projects. (Source: CVR, PR, Website, Reuters, 3 May, 2021)Contact: CVR Energy Inc., David Lamp., CEO, (281) 207-3200, www.cvrenergy.com
More Low-Carbon Energy News CVR Energy, Renewable Diesel,
Renewable fuel (D6) credits for 2021 traded up from $1.44 to $1.50 each and biomass-based (D4) credits traded at $1.58 each, up from $1.52 previously -- highest since Reuters began reporting data for renewable fuel credits in 2013 and biomass-based credits in 2014.
The credits, known as RINs, rose at the same time that the U.S. Supreme Court on Tuesday was hearing oral arguments for a case involving the U.S. Renewable Fuel Standard, which requires refiners to blend biofuels into their fuel mix each year or buy RINs from those that do. The Supreme Court's decision around the case will likely heavily influence the future of the RFS.
As previously noted, "hardship waivers" were intended for refineries producing 75,000 bpd or less and suffered "disproportionate economic hardship" from the costs of RFS compliance. The waiver frees the refineries from an obligation to provide the EPA with biofuels credits proving compliance. Under the now vanquished administrator Greg Pruitt's direction, the EPA handed out 54 exemptions over two years and not a single request for an exemption was denied.Under the U.S. Renewable Fuel Standard, the nation's oil refineries are required to blend billions of gallons of biofuels such as ethanol into the fuel or buy credits from those that do. But the EPA can waive their obligations if they prove compliance would cause them financial distress. (Source: Various Media, Reuters, 27 Apr., 2021)
More Low-Carbon Energy News Renewable Fuels Standard,
The planned $270 million biodiesel plant is slated for Santa Cruz and is expected to be fully operational by 2024. An international competition for the construction of the plant will be announced in the second half of 2021.
The government plans to establish a 5 pct blend mandate for biodiesel which could require up to 505,000 MT of soybeans, or roughly 95,000 MT of soy crude oil, which would produce 105 million liters of biodiesel. Bolivian soybean growers produce roughly 3 million metric tpy. (Source: USDA, Global Agricultural Information Network, 15 Mar., 2021)
More Low-Carbon Energy News Biodiesel, Soybean,
"We can harness the renewable potential of millions of acres of cropland, sequester GHG emissions, boost yields and increase the production of renewable energy made from farm crops, such as corn or soybeans. With smart policy and smart science, the Biden Administration can raise the bar for nations around the world, but to do that, it is vital that biofuels are core in the U.S. strategy.
At Novozymes, we specialize in tapping into the power of nature to deliver advanced biology that does everything from boosting crop yields without added fertilizer, to improving laundry detergents to cut energy and water waste. Our (Novozymes) innovation helps biofuel producers get more energy out of every harvest. These technologies have already helped the U.S. replace about 10 pct of liquid fuels with renewable alternatives.
"The vital importance of these bio-based solutions to address the climate crisis is already recognized, but ideas must be turned into action. Incentives that would allow the entire agricultural supply chain to invest in the future and a fuel market that is open to higher-biofuels blends -- such as E15 -- that allow drivers to save money, while reducing consumption of fossil fuel, are essential. These opportunities would not only drive green economic growth in the U.S., but could also offer a roadmap for other countries." -- Brian Brazeau, North America Novozymes, Apr., 2021)Contact: Novozymes, Brian Brazeau, VP Bioenergy, 646-671-3897, www.novozymes.com
More Low-Carbon Energy News Novozymes, Biofuel, Climate Change,
Hemisphere acquired the refinery in 2011, investing over $40 million updating and improving the facility's crude oil refining capabilities.
If the project proceeds, the plant will produce and sell: ultra low sulfur diesel; biodiesel ranging from B6 to B100; high-protein fiber meal for animal feed; crude glycerin and soybean oil for industrial use.
(Source: Hemisphere Ltd, PR, Website, Nov., 2020) Contact: Hemisphere Ltd., Demetrios Haseotes, CEO, 606.772.7217, www.hemltd.com; Continental Refining, 606-679-6301, www.conrefco.com
More Low-Carbon Energy News Biodiesel, Continental Refining ,
When fully operational in 2022,
the Dickinson facility is expected to produce 12,000 bpd of renewable diesel from animal fat, soybean oil and corn oil feedstocks, and the Martinez, California facility will to produce 736 million bpy of renewable diesel. (Source: Marathon, Nov, 2020) Contact: Marathon Petroleum Corp., 419.422.2121, www.marathonpetroleum.com
More Low-Carbon Energy News Marathon, Renewable Diesel,
Eden Reforestation Projects -- $5 million to plant trees and alleviate extreme poverty in three countries.www.edenprojects.org. (Source: Bezos Earth Fund, Release, 16 Nov., 2020)
More Low-Carbon Energy News Bezos Earth Fund, Climate Change,
Prepared and released by the World Agricultural Outlook Board (WAOB) , the monthly WASDE provides annual forecasts for U.S. and world wheat, rice, coarse grains, oilseeds, cotton, sugar, meat, poultry, eggs, and milk. The WAOB chairs the Interagency Commodity Estimates Committees (ICECs), which include analysts from key USDA agencies who compile and interpret information from USDA and other domestic and foreign sources to produce the report. (Source: USDA, Nov., 2020) Contact: USDA, World Agricultural Supply and Demand Estimates , www.usda.gov/oce/commodity/wasde
More Low-Carbon Energy News Soybean Oil, Biodiesel,
Production in August came from 88 biodiesel plants totaling 2.5 billion gpy capacity. Approximately 73 pct of August's production was from plants located in the Midwest. 73 million gallons of August's production was sold as B100 and 96 million gallons was blended with petroleum diesel.
Approximately 1.239 billion pounds of feedstock was used to produce biodiesel in August, including 745 million pounds of soybean oil, 148 million pounds of corn oil, 44 million pounds of tallow, 55 million bounds of white grease, 80 million pounds of yellow grease, and 26 million pounds of other recycled feedstocks.
Ending stocks of B100 were at 46 million gallons in August, down from 53 million gallons in July. Ending stocks of B100 were at 45 million gallons in August 2019, according to the EIA report.
(Source: US EIA, Website Report, 30 Oct., 2020) Contact: US EIA, www,eia.gov
More Low-Carbon Energy News US EIA, Biodiesel,
Gron Fuels is a portfolio company of the Houston-based infrastructure investment firm Fidelis Infrastructure, which invests in complex greenfield projects and has been working with the Louisiana Economic Development agency on the project since 2019.
If the lease is approved by the port, as expected, the next step in the process will be for Gron to secure environmental permits. (Source: Port of Greater Baton Rouge, PR 11 Nov., 2020)
Contact: Port of Greater Baton Rouge, 225.342.1660, www.portgbr.com; Gron Fuels, Fidelis Infrastructure, (832) 551-3300 , email@example.com,
More Low-Carbon Energy News Renewable Diesel news,
Subject to approvals, the renewable diesel project would use animal fat, soybean oil and corn oil as feed-stocks and go into production from 2022, with an upgrade to 736 million gpy -- full-capacity -- in 2023.
Conversion of the Martinez facility is intended to reduce the facility's greenhouse gas emissions by 70 pct , air pollutants by 70 pct and water consumption by 1 billion gpy, according to a company release.
(Source: Marathon Petroleum Corp., PR, Zacks, 15 Oct., 2020) Contact: Marathon Petroleum Corp., 419.422.2121, www.marathonpetroleum.com
More Low-Carbon Energy News Marathon Petroleum, Renewable Diesel, Alternative Fuel,
Marathon's renewable fuels projects include ethanol production through a Midwest joint venture, investment in its biofuels subsidiary Virent and the conversion of a refinery in Dickinson, North Dakota, to renewable diesel. (Source: Marathon Petroleum, PR, 7 Oct., 2020) Contact: Marathon Petroleum Corp., 419.422.2121, www.marathonpetroleum.com; Virent Inc., Lee Edawards, CEO, Jeff Moore, Exec. VP, Operations, (608) 663-0228, www.virent.com
More Low-Carbon Energy News Marathon Petroleum, Renewable Diesel, Alternative Fuel, Virent ,
Domesticated, commercially grown pennycress could be grown as a cold-resistant, high-yield oilseed crop across the central United States, where nearly 80 million acres of land devoted to corn and soybeans sit dormant in the winter months.
This research has been ongoing for 10 years with the latest grant awarded in 2020. Illinois State researchers are currently working under the umbrella of the Integrated Pennycress Research Enabling Farm and Energy Resilience (IPREFER) program with colleagues at Western Illinois University, the University of Minnesota, The Ohio State University, the University of Wisconsin-Platteville, and the St. Louis-based crop development company CoverCress Inc.
Download Integrated Pennycress Research Enabling Farm and Energy Resilience (IPREFER) program details HERE
(Source: Illinois State University, 1 Oct., 2020) Contact: Illinois State Univ., Professor John Sedbrook, (309) 438-3374, (309) 438-3722 -- fax, firstname.lastname@example.org, www.illinoisstate.edu
More Low-Carbon Energy News Pennycress, Biofuel,
Supported by the United Soybean Board, U.S. Canola Association, and a dozen Qualified State Soybean Boards, this educational campaign allows NBB to reach key decision makers, and audiences who may be less familiar with the biodiesel and renewable diesel industry. Along with national buys, a major component includes targeted advertising in the Washington D.C., mid-Atlantic, and California markets.
Phillips66 plans to use fats and greases, along with used cooking oil and soybean oil, at its San Francisco Refinery in Rodeo to produce 19 million bpy of renewable diesel, gasoline, and aviation fuel starting in 2024. A refinery conversion in Bakersfield will use camelina sativa, an oilseed crop grown in rotation with wheat. Global Clean Energy bought the facility in May. It plans to make renewable diesel starting in 2022 and has a deal to sell 2.5 million bbl per year of the fuel to ExxonMobil.
Marathon says it may convert its idled refinery in Martinez to renewable diesel, though it has not given an estimate of the plant's expected capacity or when it will come on-line.
Neste, Valero, and REG are also supplying renewable diesel to California where fuel companies are required to purchase enough certified low carbon fuel to reduce the carbon intensity of the state's pool of transportation fuel 20 pct from 2011 to 2030.
(Source: Phillips 66, Chemical & Engineering News, 18 Aug., 2020)Contact: Phillips 66, Brian Mandell, VP Marketing, Joe Gannon, 832-765-4547, email@example.com, www.p66.com
More Low-Carbon Energy News Renewable Diesel, Phillips 66, ExxonMobil, ,
Following scheduled production startup in 2022, ExxonMobil plans to distribute the renewable diesel within California and potentially to other domestic and international markets.
(Source: ExxonMobil, PR, 12 Aug., 2020) Contact: ExxonMobil, Bryan Milton, Pres. ExxonMobil Fuels and Lubricants Co, www.exxonmobil.com/en/aviation;
Global Clean Energy Holdings, Richard Palmer, CEO, 424-318-3618, firstname.lastname@example.org, www.gceholdings.com
More Low-Carbon Energy News Global Clean Energy Holdings, ExxonMobil, Renewable Diesel,
Marathon plans to use the facility to aggregate and pre-treat corn oil, soybean oil and rendered fats feedstocks prior to shipping them to its renewable diesel facility in Dickinson, North Dakota.
The Dickinson plant is being upgraded to initially co-process renewable diesel and will eventually be converted to 100 pct renewable diesel production.
(Source: Marathon Petroleum Corp., PR, July, 2020)
Contact: Marathon Petroleum Corp., 419.422.2121 – Media, www.marathonpetroleum.com
More Low-Carbon Energy News Biodiesel news, Marathon news,
A 20 pct biodiesel blend cuts lifecycle greenhouse gas emissions by 15 pct compared to straight petroleum diesel, according to the release. More than half of the biodiesel made in the U.S. is sourced from soybean oil, the release notes. (Source: North Dakota Soybean Council , 16 July, 2020) Contact: North Dakota Soybean Council, 701-566-9300, www.ndsoybean.org
More Low-Carbon Energy News North Dakota Soybean Council, Biodiesel,
"EPA's consideration of small refinery exemption petitions going back to 2011 flies in the face of the recent 10th Circuit decision. By rolling back the clock, there appears to be no length EPA won't go to help refiners undermine the RFS. Make no mistake -- this handout to the oil industry comes at the expense of biodiesel producers and soybean farmers across the country, and particularly the Midwest. Allowing these gap filings renders the program completely unpredictable for renewable fuel producers. The agency must immediately reject these petitions to restore confidence that it will abide by the law in administering the RFS." NBB VP for Federal Affairs Kurt Kovarik said.
NBB sent a June 1 letter to Administrator Wheeler saying, "EPA's first step upon receiving any petition for a small refinery exemption should be to evaluate its timeliness and validity before transmitting it to the Department of Energy." The letter makes the case that "gap" petitions or re-submissions of previously rejected petitions are inconsistent with the 10th Circuit's ruling. (Source: National Biodiesel Board, PR, NBB Website, 18 June, 2020) Contact: NBB, Kurt Kovarik, VP of Federal Affairs, (800) 841-5849, www.nbd.org
More Low-Carbon Energy News National Biodiesel Board, RFS, RFS Waiver, EPA Administrator Andrew Wheeler ,
GCEH plans to convert the 70,000 bpd facility to produce biodiesel from used cooking oil, soybean oil and camelina.
The refinery has not run for 12 consecutive months since 2012.
(Source: GCEH, PR, The Bakersfield Californian, 8 May, 2020) Contact: GCEH, Richard Palmer, CEO, www.gceholdings.com; Alon USA Energy www.delekus.com
More Low-Carbon Energy News Global Clean Energy Holdings, DELEK, Delek, Biodiesell,
The Fund, a partnership with the Iowa Soybean Association and third-party verification company Quantified Ventures, will pay American farmers from $30 to $45 per acre for capturing carbon in their field soils and cutting fertiliser runoff. The Fund will then sell the environmental credits created to polluters such as cities and companies, including Cargill itself.
Cargill estimates the practices would prevent runoff of 100,000 pounds of nitrogen and 10,000 pounds of phosphorus this year and sequester 7,500 tonnes of carbon in soils, equivalent to taking 1,480 cars off the road.
(Source: Cargill, 5m The Pig Site, April, 2020)
Contact: Cargill, David MacLennan, CEO, Frank van Lierde, Exec. VP, Ryan Sirolli, Director of Row Crop Sustainability, www.cargill.com; Iowa Soybean Association, (515) 251-8640, www.iasoybeans.com
More Low-Carbon Energy News Iowa Soybean Association, Cargill , Carbon Emissions, Carbon Capture,
Dear Secretary Perdue,
"The Coronavirus Aid, Relief and Economic Security (CARES) Act provided USDA with additional resources to support farm income and prices during this economic downturn. The CARES Act included a reimbursement of $14 billion to the Commodity Credit Corporation (CCC), and $9.5 billion for the Secretary to respond to the economic impacts of COVID-19. As the U.S. Department of Agriculture (USDA) prepares to address financial hardship in agriculture, we urge you to use funds from the CARES Act to provide direct relief to the biofuels industry.
"Demand for fuel is declining as states implement stay-at-home orders and discourage travel. This sudden shift in demand is worsening market conditions to the point ethanol plants are halting production. The biofuels industry is a vital market for the commodities our farmers produce, and USDA must take immediate action to ensure plants can retain skilled workers and continue production when market conditions improve.
"The biofuels sector provides a direct and significant boost to the value of corn and soybeans. Ethanol plants purchase two out of every five bushels of U.S. corn and biodiesel producers use over 8 billion pounds of soybean oil a year. Ethanol plants produce dried distillers grains (DDGs) as a byproduct, providing livestock farmers with a low-cost, high-protein component of animal feed. To assist with the response to COVID-19, some ethanol and biofuels plants have volunteered to produce hand sanitizer and disinfectant products to address nationwide shortages. And, ethanol plants produce high purity carbon dioxide that is critical for medical facilities and food processing. The biofuels sector plays a large role in the livelihood of America's commodity and livestock producers, and biofuels plants are major employers in many rural communities.
"USDA should take immediate action to stabilize the biofuels industry with resources provided by the CARES Act. We look forward to working with you on this issue as USDA assists producers through this challenging time. Thank you for considering this request."
(Source: Congressman Steven King, KIOW Radio, 12 April, 2020) Contact: Rep Steve King, steveking.house.gov
More Low-Carbon Energy News Biofuel, USDA,
"As the country follows the advice of local and state governments and remain at home, motor fuel use has rapidly decreased. The decrease in fuel consumption has left (biofuel) production facilities little choice but to idle production or close completely.
"Farm income and prices for corn and other crop commodities are directly linked to the health of the renewable fuel industry. Ethanol plants use 40 percent of all corn grown in the United States. Among other feedstocks, biodiesel and renewable diesel producers currently use over 8 billion pounds of soybean oil a year, creating demand that adds 13 percent to the cash price of a bushel of soybeans.
"We have seen a significant drop in the price of corn and soybeans because of the decline in demand. Keeping plants open is vital for our states and we ask that you use the authority given by Congress to assist the biofuel industry during extremely difficult times. We are supportive of the proposals the biofuel industry has put forward to reimburse feedstocks and also believe that adding additional CCC funds to the Higher-Blends Infrastructure Incentive Program will drive future biofuel demand,” the senators continued," the letter said.
(Source: Various Media, Atlantic News Telegraph, 8 April, 2020)Contact: Sen. Chuck Grassley (R-Iowa), www.grassley.senate.gov; Sen. Joni Ernst, www.ernst.senate.gov
More Low-Carbon Energy News Chuck Grassley, Ethanol,
Under this partnership, five trucks owned by Archer Daniels Midland (ADM) will be outfitted with Pittsburgh-based Optimus Technologies' Vector fuel system, an innovative technology that enables diesel engines to run almost entirely on sustainable biodiesel. The trucks will be used in daily fleet operations for a yearlong period, with each vehicle anticipated to travel 160,000-180,000 miles and reduce up to 500,000 pounds of CO2. Advanced monitoring protocols will compare the performance and results of the new technology with five other trucks comprising a control group operating on conventional diesel. All biodiesel used in the project will come from ADM's refinery in Mexico, Missouri.
While nearly all diesel engine manufacturers support at least 20 pct biodiesel (B20), the Optimus Vector System is designed to allow conventional diesel engines to run on 100 pct biodiesel in a wide range of climates. The system is already in use in shorter-mileage, local fleet applications. This new project is designed to evaluate its use for longer-haul over-the-road fleets, potentially opening a pathway to significantly higher volumes of biodiesel in the U.S. truck fleet.
Optimus' technology coupled with ADM's fuel provides heavy-duty fleets an immediate pathway to reduce these emissions over 80%. While the promise of heavy-duty fleet electrification is still decades off, this project demonstrates the ease, low cost, and efficacy of integrating biodiesel into existing fleet equipment and operations.
In addition to ADM and Optimus, this project is supported by the American Lung Association, the National Biodiesel Board, the Illinois Soybean Association, and the Missouri Soybean Merchandising Council.
(Source: Optimus Technologies, PR, Website, 20 Feb., 2020) Contact: Optimus Technologies, Colin Huwyler, CEO, 412.727.8228,
888.727.2966 - fax, email@example.com,www.optimustec.com;
Archer Daniels Midland, www.adm.com
More Low-Carbon Energy News Biodiesel, Optimus Technologies, Archer Daniels Midland,
If constructed, the NDSP soybean-crushing facility would have processed 42 million bpy of locally grown soybeans and produce approximately 935,000 tons of soybean meal and 475 million pounds of soybean oil for sale into domestic and export animal feed and soybean oil markets, including with respect to the soybean oil serving as a renewable feedstock for planned or existing renewable diesel refinery facilities in North Dakota and throughout the western U.S., according to the company website
(Source: North Dakota Soybean Processors, , Website, 17 Feb., 2020) Contact:North Dakota Soybean Processors, Robin Skrivan (507) 842-6715, firstname.lastname@example.org, www.ndsoy.com
More Low-Carbon Energy News North Dakota Soybean Processors, Soybean,
The research is aimed at developing new bio-based jet fuel manufacturing technology and crop feedstocks with vegetable oil compositions tailored for this technology.
The research team will use camelina as an oilseed platform to develop vegetable oil formulations with shorter carbon chains that are better suited for the processing technology. These genetic strategies will be transferred to other vegetable oil feedstocks, such as soybean and oil-rich sorghum, which are currently being developed by university faculty for the U.S. DOE Center for Advanced Bioenergy and Bioproducts Innovation (CABBI).
Research at UNL builds on prior US DOE and Nebraska Center for Energy Sciences Research'funding.
(Source: University of Nebraska, Institute of Agriculture and Natural Resources, UNL IANR NEWS, 17 Dec., 2019)
Contact: UNL Institute of Agriculture and Natural Resources,
National Institute for Food and Agriculture, www.nifa.usda.gov; U.S. DOE Center for Advanced Bioenergy and Bioproducts Innovation, www.cabbi.bio
More Low-Carbon Energy News Camelina, Oilseed, USDA, National Institute for Food and Agriculture,
The RDU project, corresponding rail infrastructure and storage tanks, is estimated to come in at $350 million upon completion in Q1, 2022.
HollyFrontier owns and operates refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah and markets its refined products principally in the Southwest US, the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. (Source: HollyFrontier, PR, 9 Dec., 2019) Contact: HollyFrontier Corp., George John Demiris, CEO, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com
More Low-Carbon Energy News HollyFrontier, Renewable Diesel ,
The RDU, along with corresponding rail infrastructure and storage tanks, is estimated to have a total capital cost of $350 million, and is expected to be completed in Q1 of 2022. The RDU will be funded with cash on hand and is expected to generate an internal rate of return between 20 pct and 30 pct.
HollyFrontier owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. (Source: HollyFrontier, PR, 18 Nov., 2019) Contact: HollyFrontier Corp., George John Demiris, CEO, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com
More Low-Carbon Energy News HollyFrontier, Renewable Diesel ,
"We are writing to express dismay at your recent decision to grant 31 waivers from the Renewable Fuel Standard (RFS) program. Plainly stated, that decision is putting U.S.biodiesel producers out of business and worsening the year's outlook for soy farmers. And while you have expressed concern to save small petroleum refineries, you should also understand that small U.S. biodiesel producers need a positive signal.
"Within a week of your decision on the 31 waivers, one U.S. biodiesel producer announced plans to close three plants -- in Pennsylvania, Georgia, and Mississippi. Other producers have announced closings and laid off workers. More than 200 million gallons of domestic biodiesel production has been idled this year, due to instability in federal policy. We anticipate that additional facilities will close over the next several months if you do not take quick action to restore RFS volumes for biodiesel and renewable diesel.
"Every small refinery waiver issued by the EPA has the potential to put a U.S.biodiesel producer out of business. A small oil refiner processing 75,000 barrels of oil per day can produce nearly 1 billion gallons of fuel in a year. The RFS program requires that oil refiner blend about 20 million gallons of biodiesel or renewable diesel during the year -- a very small fraction of overall fuel production. However, there are dozens of biodiesel producers who produce 20 million gallons of fuel or less each year; three-fifths of U.S. producers are small, non-integrated facilities.
Small refinery waivers destroy demand for all biofuels across the board, with a significant impact on domestic biodiesel and renewable diesel producers. According to University of Illinois economist Scott Irwin, the exemptions especially harm biodiesel and renewable diesel producers because of the way the RFS is constructed. The 1.4 billion gallons of renewable fuel eliminated from the 2018 RFS through the 31 waivers includes hundreds of millions of gallons of biodiesel and renewable diesel in the biomass-based diesel, advanced and overall volumes.
"The small refinery exemptions are compounding the policy headwinds our industry is facing. Biodiesel producers have waited more than 20 months for Congress to address expired tax incentives. Additionally, your U.S. Department of Commerce is proposing to virtually eliminate countervailing duties on unfairly subsidized Argentine biodiesel. Those duties were put in place to counteract years' worth of unfair trade practices by Argentina. Soy farmers have faced closed markets, depressed crop prices, and weather-related challenges. Those forces have reduced soy planting by 15 percent for the current marketing year. Biodiesel is a value-added market driver for America's soybeans, at a time when markets have been shut or diminished.
"The biodiesel industry continues to rely on the RFS to incentivize growth. Biodiesel and renewable diesel can be used in any existing diesel engine without special equipment for blending or dispensing. Producers therefore rely on a positive signal and support from federal programs to continue opening the transportation market to higher volumes.
"Biodiesel producers and soy farmers rely on the RFS program. Growth in the biodiesel market is the only way to keep domestic producers operating and protect U.S. workers' jobs. Unfortunately, EPA is proposing zero growth for biomass-based diesel. We have asked the agency to do two things: first, properly account for the small refinery exemptions handed out over the past few years and going forward; and second, provide growth in the biomass-based diesel market for 2020 and 2021.
"We ask that you continue to support the RFS and save small biodiesel producers. (signed) National Biodiesel Board (NBB)" (Source: NBB, 9 Sept., 2019) Contact: NBB, Donnell Rehagen, CEO, Kurt Kovarik, VP Federal Affairs, (800) 841-5849, www.biodiesel.org
More Low-Carbon Energy News NBB, Biodiesel, RFS,
In July, EPA announced biomass-based diesel and advanced biofuels volumes for 2021 will remain stagnant but again failed to account for the significant gallons lost because of SRE, which makes the proposed volume, in effect, a reduction for biofuels.
The waivers announced Friday evening combined with those issued for 2016 and 2017 RFS volumes brings the total number to more than 80 retroactive waivers, which significantly reduces biodiesel demand and results in billions of dollars in economic harm to the U.S. biodiesel industry, including soybean farmers.
Kentucky soybean grower and American Soybean Association (ASA) president Davie Stephens responded to the latest round saying "Of course ASA is unhappy. These exemptions undermine President Trump's pledge to support the RFS and undermine the Administration's efforts to support farmers who are already bearing the brunt of trade disruptions. EPA's decision is another blow to yet another market for soybean farmers." (Source: American Soybean Association, Daily American, Various Media, 26 Aug., 2019) Contact: American Soybean Association, Dave Stephens, Pres., (314) 576-1770, www.soygrowers.com
More Low-Carbon Energy News EPA, "Hardship" Waivers, American Soybean Association,
"Congress passed the Renewable Fuel Standard (RFS) back in 2007, signed into law by George W. Bush -- a lifelong oil and gas guy. The law was passed to encourage investment in advanced biofuels like biodiesel, renewable diesel and renewable jet fuel. Biodiesel producers responded, making the investments and building an industry that today produces more than 2 billion gallons of transportation fuel each year. This market also provides added value to feedstocks such as soybean oil, used restaurant oil and animal fats.
"The oil industry feverishly insists that the ethanol industry isn't harmed by small refinery exemptions because production has grown. But what about biodiesel? They never mention us because they know that small refinery exemptions disproportionately affect biodiesel because of the way the RFS is constructed.
"We have said again and again -- biodiesel is very different from ethanol. The president (Trump) was instrumental in clearing the path for higher blends of ethanol year-round when he lifted the RVP waiver this summer, which we were supportive of. He and his EPA administrator have mentioned E15 when they have spoken about what they believe to be the minor impact of exempting RFS gallons. It's as though they think we are dumb enough to not understand that they are giving with one hand but taking away with the other.
"Now, back to biodiesel. E15 does nothing to expand demand for biodiesel. Ethanol is not biodiesel. In fact, the RFS recognized this by establishing its own category for biodiesel, separate from ethanol, called biomass-based diesel. Policymakers at the time recognized the need to segment biodiesel and renewable diesel within the bigger RFS pool so that growth in those products could be differentiated in the overall program and we would see advancements of biofuels in both the gasoline and diesel sector.
"Fast forward to 2019 and we now have an EPA that, two months ago, proposed a draft rule to hold the biomass-based diesel category flat for 2020, keeping it at 2.43 billion gallons for the second year in a row and then, just last week, the same EPA grants nearly one-half billion gallons of biomass-based diesel waivers. To highlight the hypocrisy in this action, while filing the draft rule two months ago, the EPA documented, in writing, the fact that they expected to grant zero (that's zero as in none, zilch, nada) gallons of small refinery waivers in 2020. And we're supposed to understand and accept that move?
"Biodiesel and renewable diesel year after year fill more than 90 percent of the RFS volumes reserved for advanced biofuels. But EPA complains that advanced biofuels have not materialized quickly enough to meet the goals of the RFS. Now -- as seen last week -- the agency is holding its thumb on the industry and blocking growth. Not only blocking growth, but helping to reduce demand through small refinery exemptions.
"As the agency continues to hand them out to every refiner that asks, the damage could reach $7.7 billion or 2.54 billion gallons, according to Scott Irwin, an agricultural economist from the University of Illinois. A 'small' oil refinery, by RFS definition -- one that processes 75,000 bpd of oil and produces nearly a billion gallons of fuel a year -- would have an RFS obligation to use just 20 million gallons of biodiesel or renewable diesel. Many U.S. biodiesel producers are smaller than that -- just one small refinery exemption would eliminate their entire market. And the EPA granted 31 of them.
"President Trump vowed to protect and defend American farmers. In fact, he calls them patriots. But his actions will put the biodiesel producers those same farmers depend on for their market, out of business. It's already happening, and it's having a devastating impact on rural communities across the nation.
"President Trump and EPA Administrator Wheeler should clearly know what this means to the workers, producers, farmers and investors in the biodiesel and renewable diesel industry -- their new round of unwarranted RFS exemptions just destroyed jobs and a valuable marketplace for hardworking Americans, including those patriotic soybean farmers who Trump has called on to be his willing allies in the trade dispute with China. If this is how the EPA administrator treats the president’s allies, I'd hate to see how he treats his enemies.
(Source: NBB, 15 Aug., 2019) Contact: NBB, Donnell Rehagen, CEO, Kurt Kovarik, VP Federal Affairs, (800) 841-5849, www.biodiesel.org
More Low-Carbon Energy News NBB, Biodiesel,
The new 900 tpd plant, which will be operated by JBS Biodiesel, a JBS Novos Negocios division, will use locally sourced pork and poultry fat supplements with soybean as a a feedstock . (Source: JBS, PR, 31 July, 2019) Contact: JBS Biodiesel, www.jbs.com.br
More Low-Carbon Energy News Biodiesel, JBS Biodiesel, ,
Under the deal crops and ethanol produced in MERCOSUR member countries -- Argentina, Brazil, Paraguay and Uruguay -- could be used to meet the EU's green transport fuel targets. The agreement also allows for a lower tariff rate on ethanol imports to be phased in over five years: a quota of 200,000 tonnes with an in-quota rate of one-third of the current high duty of up to €19/hectolitre will be opened for fuel and other uses beyond the chemical industry, according to a EC briefing. The agreement also reduces or eliminates duties that MERCOSUR currently imposes on exports of soybean products to the EU, the Commission said. This could make soy a more attractive feedstock for biodiesel producers in Europe.
Argentine soy diesel, imports of refined biodiesel tripled from 2017 to 2018, with palm oil and soy accounting for around 86 pct of all biodiesel imports.
(Source: EU EC, Transport & Environment, 11 July, 2019) Contact: MERCOSUR,
More Low-Carbon Energy News Biofuel, Biodiesel, Soy Biodiesel, Palm Oil,
The 2008 vintage, $50 million plant was acquired by Flint Hills for $5 million at a 2011 and began production in 2016 after Flint Hills spent roughly $100 million to retrofit the facility to use corn oil and grease.
In a 2016 news release, the company touted what was the first commercial-scale application of Benefuel Inc.'s ENSEL technology. (Source: Flint Hills Resources, DTN, 2 July, 2019) Contact: Flint Hills Resources, Brad Razook, CEO, (316) 828-3477, www.fhr.com
More Low-Carbon Energy News Benefuel, Beatrice, Flint Hills Resources, Ethanol,