Lang
The U.S. biodiesel trade balance continued to favor exports over imports in July, according to the latest data from the U.S. Department of Agriculture (USDA), as the wider American biofuel sector navigated a series of regulatory and commercial developments.
In the most consequential policy shift, the U.K. Trade Remedies Authority announced on Sept. 10 that it will not impose anti-subsidy duties on imports of renewable diesel from the United States. The authority determined that previously proposed duties 'would not be in the U.K.'s economic interests,' clearing the path for continued duty-free flows of U.S. renewable diesel into the British market.
On the supply side, total operatable U.S. biofuel production capacity stood at 25.299 billion gallons per year in June, essentially unchanged from the previous month, according to data released by the U.S. Energy Information Administration on Aug. 31. The flat reading points to a mature, stabilized manufacturing base following a multi-year build-out.
On the commercial front, Bayer and Neste, the world's leading producer of renewable diesel and sustainable aviation fuel (SAF), announced on Sept. 9 that they have finalized a commercial agreement to jointly scale Bayer's newgold winter canola, a feedstock tailored to expand the renewable diesel supply chain.
In Australia, Jet Zero Australia has achieved three major milestones for Project Ulysses, its proposed commercial-scale SAF and renewable diesel (RD) refinery planned for Townsville, Queensland, advancing the project toward construction.
In a separate development, Niutech Technology Group Co. Ltd. has signed a sales contract with a global energy major for an industrial continuous waste plastic pyrolysis production line. The facility will convert waste plastic into pyrolysis oil destined for SAF production, adding a circular feedstock pathway to the aviation fuel supply chain.
Source: Biodiesel Magazine