The North Asian Used Cooking Oil (UCO) market faces unprecedented challenges as prices hit a 33-month low at $800/mt on Jan. 5, marking the lowest since March 2021.
January 14, 2024
The International Energy Agency (IEA) predicts a substantial rise in biofuel demand, expecting it to constitute 6% of the forecasted energy demand for road transport by 2030.
January 07, 2024
The surge in US renewable diesel (RD) production capacity, currently at 3.6B gal/y (234.8K b/d), is reshaping international trade flows for renewable feedstocks.
December 31, 2023
Palm-oil prices are projected to surge in 2024 due to constrained production in major palm-oil-producing nations, Indonesia and Malaysia.
December 25, 2023
In Sept. the US biofuels sector experienced a notable surge in feedstock consumption, driven by a remarkable 67% increase in renewable diesel (RD) production capacity.
December 03, 2023
The Riograndense Petroleum Refinery has achieved a groundbreaking milestone by successfully processing 100% soybean oil in a Fluid Catalytic Cracking Unit (FCCU), marking a historic achievement in the global energy landscape.
November 12, 2023
November 05, 2023
Market participants anticipate a significant surge in worldwide supplies of used cooking oil (UCO), with estimates suggesting it will more than double to 31MM mt by 2030, up from the current 14MM mt.
October 09, 2023
In the US, Calumet Specialty Products Partners LP subsidiary Montana Renewables LLC (MRL) has announced the inclusion of camelina oil as a new feedstock for its renewable fuels production at its manufacturing plant in Great Falls, Montana.
September 24, 2023
Veriflux, a US-based renewables traceability platform, has teamed up with the Indonesian Used Cooking Oil (UCO) Exporters Association (Aemji) to enhance tracing technology, potentially boosting Indonesian UCO trade with the US.
September 24, 2023