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Facing the Challenge of Change

“I don’t think there’s anything that I’ve ever done in my life that will be more transformative to ag than this,” says Bruce Rastetter, CEO of Summit Agricultural Group, shown here speaking at the 2022 FEW. / PHOTO: BBI

September 11, 2023

BY Katie Schroeder

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LanzaTech increases share ownership of LanzaJet

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By LanzaTech

June 21, 2024

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LanzaTech Global Inc. on June 20 announced an increase in its holdings of LanzaJet Inc., a leading sustainable aviation fuel technology provider and fuels producer. LanzaTech now owns approximately 36% of LanzaJet.

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BP on June 20 announced an agreement to acquire Bunge’s 50% interest in its BP Bunge Bioenergia S.A. JV. The company also said it is scaling back plans for the development of new SAF and renewable diesel projects at its existing sites.

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The U.S. EPA released updated RIN data on June 20, reporting that nearly 2.01 billion RINs were generated under the RFS during May, down from 2.11 billion generated during the same period of last year.

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Treasury and the IRS on June 18 released final rules implementing the wage and apprenticeship standard provisions of clean energy tax credits created by the IRA, including the 45Z clean fuels production tax credit.

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SAF Magazine and the Commercial Aviation Alternative Fuels Initiative announced the preliminary agenda for the North American SAF Conference and Expo, being held Sept. 11-13 at the Saint Paul RiverCentre in St. Paul, Minnesota.

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