SASKATOON — Imperial Oil Ltd. continues to make progress on its biofuel refinery in Alberta’s Strathcona County that will consume massive amounts of canola oil. “Once that facility is commissioned next year, it will be the largest renewable diesel manufacturing plant in Canada,” said Jason MacDonald, fuels policy adviser with Imperial. Related stories: The $720 […] Read more
Tag Archives renewable diesel — page 2
Biofuel use makes big jump
SASKATOON — Biofuel consumption has surged following implementation of Canada’s Clean Fuel Regulations, according to a new report. Ethanol consumption was up 13 per cent in 2023 to four billion litres per year, renewable diesel consumption more than doubled to 1.2 billion litres and biodiesel was up 14 per cent to 530 million litres. Related […] Read more
U.S. biofuel policies expected to change under Trump
SASKATOON — Donald Trump’s recent presidential election victory is likely bad news on a couple of fronts for the biofuel sector in the United States, says an industry analyst. Chris Hairel, vice president of consulting with Argus Media, said there are three key biofuel policy issues that could be affected by Trump’s government. Related stories: […] Read more
U.S. renewable diesel pressures domestic sector
Falling credit market values will hit cash flow for new projects as American imports to Canada surge in first half of year
NEW YORK, N.Y. (Reuters) — Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia’s low carbon fuel standard credit market, a trend that is expected to persist amid a flood of exports from the United States. Weakness in British Columbia’s LCFS credit market reflects growing pains […] Read more
U.S. looks for new soy markets amid Chinese supply shift
India's expanding poultry sector is one option for American exporters as China continues to buy more beans from Brazil
SASKATOON — The United States is eyeing new markets for its soybeans as China continues its shift to Brazilian beans. India is one up-and-coming market where the U.S. sees tremendous potential. Related stories: Poultry production is expanding by six per cent per year in the world’s most populated country, Lance Rezac, chair of the U.S. […] Read more
U.S. firms fight biofuel cap
NEW YORK, (Reuters) — The National Oilseed Processors Association in the United States has submitted comments to the California Air Resources Board opposing a cap on the use of vegetable oils as feedstock for biofuel production. On Aug. 12, CARB issued a set of proposed amendments to overhaul California’s Low Carbon Fuel Standard program, which […] Read more
Looming meal glut may hinder crusher growth
Oilseed crushers and renewable diesel processors that want to expand wonder how they will market the additional meal
SASKATOON — The United States will soon have a glut of soybean meal that could limit crush expansion and renewable diesel production in that country. Canada’s canola sector will be wrestling with the same issue, but the consequences will not be as dire, says an industry official. Related stories: The U.S. exported a record 14.52 […] Read more
Flax misses biofuel party
SASKATOON — It seems like every oilseed crop is vying to be a biofuel feedstock, with one notable exception. “Flax is kind of the odd man out,” said Dale Leftwich, policy manager for the Saskatchewan Flax Development Commission. He doesn’t know why that is the case. “I’m not sure what all of the reasons would […] Read more
Canola feels there is room for improvement in U.S. SAF tax credit
The industry plans to continue lobbying the U.S. government for better access to the sustainable aviation fuel program
SASKATOON — Canada’s canola industry had a mixed reaction to new sustainable aviation fuel tax credit guidelines coming out of the United States. The good news is that canola-based SAF qualifies for the base blender’s credit of US$1.25 per gallon because it was previously approved by the U.S. Environmental Protection Agency as an eligible feedstock. […] Read more
Vegetable oil hits aviation turbulence
Sustainable aviation fuel was seen as major new market for vegetable oil, but stiffer competition may dash those hopes
SASKATOON — The biofuel market for vegetable oil might not be as massive as once envisioned, according to a commodity price reporting agency. Sustainable aviation fuel (SAF) will be the biggest driver of the biofuel market over the next two decades, Joao Morciani, agriculture and biofuel analyst with Fastmarkets, said during a recent webinar. Related […] Read more
