FutureFuel Announces Certain Matters with Respect to Its Biodiesel Production

Core Insights - FutureFuel Corp. has announced an extensive maintenance turnaround of its Biodiesel plant, which is expected to last through February 2025, delaying biodiesel production [2] - The expiration of the Blenders' Tax Credit on December 31, 2024, has created uncertainty in the biodiesel industry, as it has been replaced by the IRA 45Z producer's tax credit, which lacks sufficient details from government agencies [3] Company Overview - FutureFuel is a manufacturer of custom and performance chemicals and biofuels, with a focus on specialty chemicals for specific customers and multi-customer specialty chemicals [4] - The company's product portfolio includes proprietary agrochemicals, adhesion promoters, biocide intermediates, antioxidant precursors, nylon and polyester polymer modifiers, and various specialty chemicals and solvents [4] - FutureFuel's biofuels segment primarily produces and sells biodiesel to its customers [4]