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The framework, approved by NextChem’s board of directors, will link financing activities to measurable sustainability objectives.

The new accord includes a 10-year service warranty program and builds on an existing agreement to provide eMethanol synthesis technology, catalysts and engineering.

The amended agreement introduces changes in investment dynamics and share distributions.

Overall U.S. biofuel production capacity increased 3 percent from the start of 2024 to the beginning of 2025.

Dubbed “MaxSAF™ blended,” Calumet said sales from the truck rack allow local and regional service and opens the SAF market outside of major airports.

The news comes two days after Buffalo Biodiesel announced its CEO Sumit Majumdar was appointed to a leadership position at the investment firm.

While docked in Townsville, the vessel took on 130,000 liters of a 30 percent renewable diesel blend.

The agreement outlines that Atoba would procure up to 150,000 metric tons of eSAF from each Arcadia eFuels project over 10 years.

In 2024, the fuel suppliers reported that 0.6 percent of all aviation fuel supplied at EU airports was SAF—equivalent to 193,000 metric tons.

XCF will receive a 12.5 percent equity stake, licensing fees and one board seat in New Rise Australia.

IBIA is expanding its membership and services to better represent a broader marine fuels supply chain.

United flights from airports in Texas, New Jersey and Washington, D.C., are now being fueled with SAF blends.