FutureFuel to temporarily idle biodiesel production

FutureFuel (FF) announced its decision to temporarily idle biodiesel production upon completion of its remaining contractual obligations, anticipated to occur by the end of June. This decision comes despite welcome news last week from the U.S. Environmental Protection Agency, or EPA, proposing to increase biomass-based diesel mandates for 2026 and 2027 to 7.12 and 7.50B. Renewable Identification Numbers, respectively, a significant jump from 3.35B gallons and 5.36B gallons in 2025 and 2026, respectively. The company also anticipates that investment in new product capacity at its facility will come online in mid-2025. Furthermore, FutureFuel is actively pursuing and executing a robust pipeline of chemical projects for the second half of 2025 and 2026.