Jun. 17 at 10:25 PM
$FF
"The company said the flexible production capacity at its Batesville facility will allow it to seamlessly switch between specialty chemicals and biodiesel.
"We welcome the EPA's proposed increase in biomass-based diesel mandates and thank all who supported this positive change," FutureFuel (NYSE:FF) CEO Roeland Polet said. "Unfortunately, without clarity on the Clean Fuel Producers Tax Credit (IRA 45Z), which was intended to replace the expired
$1/gal Blenders Tax Credit (40A), FutureFuel has determined it must temporarily idle its biodiesel production."
The company also said it is pursuing a "robust pipeline of chemical projects" for H2 2025 and 2026."