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This year’s winners are recognized for accelerating growth in the biobased diesel industry.

The bill would use current USDA programs to support SAF development and enable greater collaboration between USDA and the private sector.

Boeing said its investment will accelerate the production and availability of sustainable aviation fuel in the Nordics and globally.

Combined with its existing receivables purchase facility, this takes Greenergy’s total credit facilities to USD$1.4 billion. 

The round was led by Celsius Industries and included RockCreek, Fortescue Ventures and Verve Ventures, among others.

A $31 million grant from California Air Resources Board will soon begin emission-reduction demonstration projects in the Port of LA.

The companies hope to stimulate SAF demand to support investments in new production facilities as well as accelerate feedstock approval.

The reasons cited for the pause are political uncertainty, potential shifts in low-carbon public policy and escalating costs.

The association said EPA should first evaluate possible small-refinery exemptions and their market impact.

Industry leaders will outline opportunities and challenges ahead at the event in San Diego Jan. 20-23.

The company said Jan. 15 that it manufactured 350,000 liters (92,460 gallons) of ENAP renewable diesel in 2024 as a test batch.

Alternative bunker fuel sales surpassed 1 million metric tons in Singapore for the first time, doubling year-on-year.