SOURCE: Virgin Australia
May 23, 2025
BY Virgin Australia
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The U.S. House of Representatives early on May 22 narrowly passed a reconciliation bill that includes provisions updating and extending the 45Z clean fuel production tax credit. The bill, H.R. 1, will now be considered by the U.S. Senate.
U.S. fuel ethanol production expanded by 4% the week ending May 16, according to data released by the U.S. Energy Information Administration on May 21. Stocks of fuel ethanol were down 2% and exports fell by nearly 18%.
Oklahoma-based Victory Energy, a supplier of vertically integrated boiler, burner and heat recovery solutions, has added Luis A Sauceda G. and Carlos Ramirez Ángeles to its team as regional sales representatives.
May 21 marks the official launch of the American Alliance for Biomanufacturing (AAB), a new coalition of industry leaders committed to advancing U.S. leadership in biomanufacturing innovation, competitiveness, and resilience.
A bill to formally adopt a revenue certainty mechanism to support the production of SAF was introduced in the U.K. Parliament on May 14. The proposed scheme is in the form of a guaranteed strike price.