近段时间以来，欧洲正在调整可持续化学品和聚合物发展战略，表示将优先发展生物燃料。业内人士认 为，这或使化工可再生原料大规模生产和使用的增长势头出现停滞。 目前，耐思特选择关注更成熟的可再生燃料业务，这在很大程度上是因为可持续化学品和聚合物市场存 在不确定性。耐思特首席执行官Heikki Malinen在最近与分析师举行的第一季度财务业绩电话会议上直 言，暂时放弃可再生化学品市场，是因为缺乏明确监管框架以及需求不确定等因素。 根据标普全球商品洞察最新的《工艺经济大纲PEP》报告，生物基聚合物目前占全球年塑料产量不到 1%。去年接任首席执行官的Malinen也质疑耐思特目前在供应链中可以从哪里获得价值。当然，耐思特 并没有放弃其对于化学品和塑料的较长期可持续发展目标，该公司即将按计划完成位于芬兰波尔沃的15 万吨/年液化废塑料改质装置，将为北欧化工公司的蒸汽裂解装置提供直接进料。耐思特也坚持其先前 设定的目标，即到2030年每年处理超过100万吨的废塑料。耐思特还在继续寻找新的可再生原料， Malinen将其描述为"不断寻找和搜索新的原料来源和产品替代"。耐斯特仍然认为，在2040年前，生物 质原料会获得广泛开发 ...

2024 年植物油方面基本是美国加拿大墨西哥的本土原料为主，而动物油脂和黄油脂方面还 是有其他区域的原料。其中牛油方面其他区域原料为 68 万吨，黄油脂方面其他区域原料为 218 万吨，牛油和黄油脂合计为 286 万吨。抑制非北美的原料，由于玉米油的产量跟燃料乙 醇相关，相对偏稳定，容易增加北美本土菜籽油豆油的用量。 由于美国在 2024 年生物质柴油是净进口国家。我们粗略的将生物质柴油的量转化为原料的 量，生物柴油净进口+可再生柴油净进口的量转化为总原料，为 277 万吨。 再评估美国生物质柴油原料需求增量的问题 ———— 吴小明 投资咨询号：Z0015853 国投期货研究院 2025-06-16 在《美国生物柴油政策利多，美豆油大涨》这篇文章中，我们对非美植物油需求的粗略预估 为如下内容。 "按照 2026 年和 2027 年 56.1 和 58.6 亿加仑的生物质柴油义务量看来，比对 2024 年全年实 际生产+净进口的数据（2025 年全年数据暂时缺少，叠加 2025 年近来需求表现偏弱，先粗 略的用 2024 年的数据参考）。2024 年美国生物质柴油的产量是 48.6 亿加仑+净进口 7.5 亿 ...

澳大利亚船舶设计公司Incat Crowther近日获美国洛杉矶渡船运营商Catalina Express委托，将设计一艘新 型低排放可再生柴油动力客渡船，作为北美最大门户洛杉矶港投资3100万美元的船舶减排项目（LA MER）的一部分。 Incat Crowther北美公司总经理Grant Pecoraro指出："我们在为全球各地渡船运营商设计低排放和零排放 渡轮方面有着广泛的记录，并且可提供定制的设计。很期待与Catalina Express团队合作，交付这艘高 效、安全的世界级可再生柴油动力客船，并为全球寻求脱碳的运营商树立标准。" 这艘船将服务洛杉矶、长滩港和圣卡塔利娜岛之间大约1小时航程的航线，替换现有的3艘更小型Tier 2 和Tier 3渡轮。该船将由加州Marine Group Boat Works造船厂建造，预计2025年7月开工，2027年展开海 试。 Incat介绍称，新船将设有3层甲板，可搭载多达516名乘客，航速可达37节。该船将由植物原料组成的可 再生柴油燃料（R-99）提供动力，配备4台符合EPA Tier 4标准要求的MTU 4000系列发动机，每台发动 机在设计时都配有柴油颗 ...

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - The passage of the 45Z amendment bill by the US House of Representatives is expected to have a significant impact on the biodiesel and renewable diesel industries, potentially increasing the demand for North American vegetable oil raw materials and supporting the price of CBOT soybean oil [1][2][7] - The restrictions on tax credits for foreign entities may reduce trade volume and overseas raw material demand, while the small refinery exemption policy may have a complex impact on raw material demand in the short and long term [10][18][20] - The future RVO policy in the US is still being determined, and its implementation will affect the total demand for renewable energy, which is also an important factor affecting the price of US soybean oil [17] Summary by Relevant Catalogs 1. Passage of the 45Z Amendment Bill - On May 22, the US House of Representatives passed a reconciliation bill including provisions to update and extend the 45Z clean fuel production tax credit. The bill will now be considered by the Senate [1] 2. Specific Provisions and Their Impacts 2.1 Extension of 45Z Credit - The 45Z credit will be extended to the end of 2031, which is beneficial for the continuous development of the biodiesel and renewable diesel industries and the demand for vegetable oil raw materials [2] 2.2 Raw Material Source Requirement - Raw materials must be produced or grown in the US, Mexico, and Canada, which is expected to increase the demand for North American crops and reduce the import of non - North American raw materials. In 2024, vegetable oil raw materials were mainly from North America, while animal fats and yellow greases still had imports from other regions. The policy may increase the use of canola oil and soybean oil [3][4] 2.3 Adjustment of Greenhouse Gas Emissions Calculation - The adjustment of the life - cycle greenhouse gas emissions calculation to exclude indirect land - use change emissions is expected to lower the carbon emission coefficient of vegetable oils, allowing for more subsidies. For example, the subsidy for producing renewable diesel with soybean oil is estimated to increase from $0.23 per gallon to $0.52 per gallon, which is beneficial for supporting the price of CBOT soybean oil [7] 2.4 Restrictions on Foreign Entities for Tax Credits - Tax credits for specific foreign entities are restricted. If a taxpayer is a specific foreign entity, no credit will be allowed after the enactment date. For entities affected by foreign influence, no credit will be allowed two years after the enactment date. This may reduce the trade volume of US biodiesel and renewable diesel and affect the demand for overseas raw materials [10][11][13] 3. Demand Performance 3.1 Raw Material Demand in 2025 - From January - February 2025, the total consumption of US biodiesel raw materials decreased by 23.9% year - on - year. Among them, vegetable oil consumption decreased by 31.7%, soybean oil consumption decreased by 33.4%, canola oil consumption decreased by 57.6%, and corn oil consumption remained flat [5] 3.2 Trade Volume in 2025 - From January - March 2025, US biodiesel imports decreased by 90% year - on - year, and exports decreased by 46% year - on - year. From January - February 2025, the net import of US renewable diesel became a net export, mainly to European countries, and the import from Singapore decreased by 94% year - on - year [16] 4. Other Policies to Be Concerned 4.1 RVO Policy - The US 2026 and subsequent RVO policies are still being determined. The market's expected range for the biodiesel RVO varies widely, and the price of US soybean oil has been trading on RVO - related themes. The EPA submitted a proposed rule to the White House Office of Management and Budget on May 14, and subsequent policy implementation needs to be monitored [17] 4.2 Small Refinery Exemption Policy - The news of small refinery exemptions is uncertain. If implemented, it may reduce current demand but increase future demand. The 13.6 billion gallons of exemption volume, when allocated to biodiesel at a 30% - 50% ratio, is expected to result in a total raw material demand range of 148 - 246 million tons. If 100% is used for biodiesel - produced RIN substitution, the total raw material demand is 493 million tons [18][19][20]

智通财经5月23日电，加拿大国际贸易法庭（CITT）裁定，没有足够证据表明美国可再生柴油的倾销和 补贴对加拿大国内产业造成了损害或损害威胁或产业阻碍，加拿大国际贸易法庭终止了对美国可再生柴 油的产业损害初步调查。因此，加拿大边境服务署（CBSA）终止对美国可再生柴油的反倾销和反补贴 调查，本决议自2025年5月6日起生效。 加拿大终止对美国可再生柴油双反调查 ...

Darling Ingredients (DAR) FY Conference May 14, 2025 11:00 AM ET Speaker0 All right. Darling has positioned itself as a global leader across rendering biofuels and food ingredients as strategic acquisitions, capacity expansions and its Diamond Green Diesel joint venture have transformed its business model over time. CEO Randy Stuewe has led Darling through that business transformation and the business could be poised to demonstrate its improved earnings potential moving forward given evolving biofuels polic ...

The Andersons (ANDE) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Michael Hoelter - VP, Corporate Controller & Investor RelationsWilliam Krueger - CEO & PresidentBrian Valentine - EVP & CFOBenjamin Mayhew - Vice President - Equity ResearchPooran Sharma - Managing Director Conference Call Participants Ben Klieve - Senior Research Analyst Operator Good morning, ladies and gentlemen, and welcome to the Andersons twenty twenty five First Quarter Earnings Conference Call. My name is Joe, a ...

The Andersons (ANDE) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Michael Hoelter - VP, Corporate Controller & Investor RelationsWilliam Krueger - CEO & PresidentBrian Valentine - EVP & CFOBenjamin Mayhew - Vice President - Equity ResearchPooran Sharma - Managing Director Conference Call Participants Ben Klieve - Senior Research Analyst Operator Good morning, ladies and gentlemen, and welcome to the Andersons twenty twenty five First Quarter Earnings Conference Call. My name is Joe, a ...

The Andersons (ANDE) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Andersons twenty twenty five First Quarter Earnings Conference Call. My name is Joe, and I will be your coordinator for today. At this time, all participants are in a listen only mode. And as a reminder, this conference is being recorded for replay purposes. I will now hand the presentation to your host for today, Mr. Mike Holter, Vice President, Corporate Controller and Invest ...