Crude Processing

The UK has initiated an anti-dumping investigation into hydrotreated vegetable oil (HVO) imports from the US.

The global used cooking oil (UCO) market is experiencing a period of significant flux, shaped by shifting trade policies and evolving demand patterns.

The European Union's rapeseed crushing volumes increased in Jan., driven by strong Australian canola imports, while soybean and sunflower seed crushing declined.

In 2024, China's used cooking oil (UCO) exports reached a record 2.951 MM mt, marking a 43.49% increase from 2023.

Used cooking oil (UCO), a waste byproduct from food preparation, has seen a dramatic rise in prices, with Jan. 2025 marking a two-year high.

The landscape for biofuels in the US and Brazil is undergoing a fundamental shift as policymakers and producers increasingly prioritize low-carbon feedstocks over traditional crop-based oils like soybean and canola oil.

The palm oil market is poised for continued strength in 2025, driven by a mix of factors including rising biodiesel demand, higher tariffs, and sustained consumption of edible oils, while production is expected to remain relatively stagnant.

Braya Renewable Fuels, Canada's largest renewable diesel (RD) producer, is considering an economic shutdown of its 18K b/d biorefinery in Come-by-Chance, Newfoundland, and Labrador, by the end of 2024.

The US biofuel sector is grappling with growing uncertainty surrounding the Clean Fuel Production Credit (45Z), a key provision of the Inflation Reduction Act (IRA) passed in 2022.

The new EUDR could lead to a significant shortage of PKO in the European market.