

Dennis Schroeder, NREL
June 6, 2018
BY National Renewable Energy Laboratory
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Valero Energy Corp. on April 30 released first quarter financial results, reporting a profitable three-month period for both its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.
CPM|Crown has announced the expansion of its industry-leading equipment and service offering to include a full portfolio of conveyor solutions, strengthening CPM|Crown’s ability to deliver integrated, end-to-end systems.
Sumitomo Corp. has announced its study on ethanol exports from the Kingdom of Thailand to Japan was selected for a government grant. The study examines the feasibility of establishing a stable supply of ethanol from Thailand to Japan.
U.S. fuel ethanol production fell by 3% the week ending April 24, according to data released by the U.S. Energy Information Administration on April 29. Stocks of fuel ethanol fell by 4% while exports were up nearly 87%.
Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.