April 23, 2026
BY Erin Krueger
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Darling Ingredients Inc. on Aug. 11 announced an agreement to sell approximately $150 million of production tax credits to a corporate buyer. The credits were generated by the company’s Diamond Green Diesel joint venture.
The USDA maintained its forecast for 2026-’27 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The estimate for 2025-’26 soybean oil use in biofuel was revised up.
European mandates are reshaping global SAF trade, drawing growing volumes from China while tightening supply and intensifying competition for available fuel.
The U.S. Energy Information Administration maintained its 2026 and 2027 production forecasts for biodiesel, renewable diesel and sustainable aviation fuel (SAF) in its latest Short-Term Energy Outlook, released Aug. 11.
XCF Global Inc., an emerging U.S.-based producer of renewable diesel and SAF, on Aug. 7 provided an operational update on renewable diesel production, initial fuel sales and ongoing optimization work at its New Rise Renewables Reno facility.