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Clean Fuels, ag groups urge adoption of GREET for SAF tax credit

September 20, 2023

BY Erin Voegele

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Assets of Fulcrum Sierra Biofuels, Fulcrum BioEnergy to be sold via bankruptcy auction

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By Erin Voegele

11 hours ago

Cellulosic/Advanced Sustainable Aviation FuelsBusiness

Less than two weeks after Fulcrum BioEnergy Inc. and affiliated companies filed for Chapter 11 bankruptcy protection, the assets of Fulcrum Sierra Biofuels LLC and Fulcrum Bioenergy Inc. are being offered for sale at auction.

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Fiji Airways is collaborating with The Fiji Sugar Corp. Ltd. (FSC) and Lee Enterprises Consulting to evaluate the feasibility of sustainable aviation fuel (SAF) production in Fiji. The collaboration is funded by The Asian Development Bank.

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Comstock Inc. on Sept. 18 announced the execution of a binding agreement between Comstock Fuels Corp. and SACL Pte. Ltd. related to three biofuel sites under development in Australia to produce 300 MMgy of SAF and renewable fuels.

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Fulcrum BioEnergy Inc. and affiliated companies Fulcrum Seirra Holdings and Fulcrum Sierra Finance Co. on Sept. 9 filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.

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Summit Next Gen LLC has closed on its site acquisition for the future development of its previously announced SAF production platform. The 60-acre site is located on the Houston Ship Channel in Texas.

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