FutureFuel extends biodiesel plant turnaround through Feb 2025; cites IRA 45Z uncertainty

FutureFuel Corp.

Scheduled annual biodiesel plant turnaround started end of Dec 2024; completion now expected through Feb 2025.
Biodiesel production will not restart until the turnaround is complete.
Section 40(A) Blenders' Tax Credit expired Dec 31, 2024; replaced by IRA 45Z producer's credit, but details not yet published.
Uncertainty around IRA 45Z has caused other biodiesel producers and capacity to go offline.
Company is monitoring the situation as it considers its biodiesel production and biofuels market role.

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