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September 17, 2012
13:00 EDTSYNMSyntroleum says Dynamic Fuels product qualifies under EPA bio-diesel mandate
Syntroleum Corporation confirmed that the EPA has announced an increase to the renewable volume obligation, or RVO, for biomass based diesel under RFS2 to 1.28B gallons in 2013 from 1.0B gallons in 2012. The renewable diesel produced by Syntroleum's affiliate Dynamic Fuels qualifies as biomass based diesel under the RVO. Renewable diesel is a direct drop-in replacement for petroleum diesel and meets the same ASTM D975 standards. The increased RVO provides the regulatory certainty needed to enable manufacturers of renewable fuels to continue to grow production, Syntroleum said.
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