JAKARTA, Indonesia (Reuters) — Indonesia says its exports of used cooking oil and palm oil residue in recent years had exceeded production capacity, indicating crude palm oil had been mixed in and prompting it to issue regulations curbing shipments last week. The world’s biggest exporter of palm oil issued a ministerial decree clamping down on […] Read more
Tag Archives UCO
Used cooking oil seen as canola risk
SASKATOON — The importation of biofuel made from Chinese used cooking oil threatens the domestic market for Canadian canola, says an industry executive. “It’s a big deal,” said Chris Vervaet, executive director of the Canadian Oilseed Processors Association, which represents most of the crushers operating in Canada. Related stories: “It’s potentially displacing a lot of […] Read more
Used cooking oil pressures soy
SASKATOON — The United States continues to face a tsunami of used cooking oil imports from China that is undermining the country’s soybean crush expansion, says an analyst. The U.S. imported 3.2 billion pounds of UCO through the first eight months of 2024, which is double the volume for the same period one year ago. […] Read more
U.S. ag secretary rejects biofuel restrictions
Farmers and politicians want biofuel tax credits available only to feedstocks that are produced in the United States
SASKATOON — Canada’s canola sector has a powerful ally in the feedstock fight that has broken out in the U.S. biofuel industry. Forty-one members of the U.S. House of Representatives recently sent a letter to the Treasury Department urging that the final guidance for the Section 45Z Clean Fuel Production Tax Credit restrict eligibility to […] Read more
California shocks canola sector
SASKATOON — Canada’s canola processors have been blindsided by proposed amendments to California’s Low Carbon Fuel Standard. “We’re surprised and disappointed with what they’re proposing,” said Chris Vervaet, executive director of the Canadian Oilseed Processors Association. Related stories: The California Air Resource Board (CARB) published its proposed amendments Aug. 12. They include a 20 per […] Read more
China’s biodiesel sector seeks new outlet amid EU tariffs
The European Union imposes provisional anti-dumping duties, forcing Chinese producers to look for other markets
SINGAPORE (Reuters) — Chinese biodiesel producers are seeking new outlets in Asia for their exports and exploring producing other types of biofuel as supply to the European Union, their biggest buyer, dries up ahead of anti-dumping tariffs, biofuel executives and analysts said. The EU has imposed provisional anti-dumping duties of 12.8 to 36.4 per cent […] Read more
China backs ‘green’ jet fuel
SINGAPORE (Reuters) — Biofuel firms are pouring more than $1 billion into building China’s first plants to turn waste cooking oil into aviation fuel for export and to meet domestic demand once Beijing mandates the fuel’s use on airplanes to cut emissions. China, which is he world’s second-largest aviation market with about 11 per cent […] 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
Used cooking oil amount proves surprising
SASKATOON — Canada’s canola oil is facing stiff competition from used cooking oil (UCO) and tallow in renewable diesel markets. The amount of UCO being imported into the United States has surprised everyone, including the U.S. government. Imports in 2023 were large enough to produce 600 million gallons of the fuel. Related stories: That exceeds […] Read more
