Used cooking oil (UCO) is a renewable feedstock used to produce biofuels like biodiesel, renewable diesel, and sustainable aviation fuel. Since 2021, renewable diesel capacity in the US has tripled to almost 5bn USG/yr. Additionally sustainable aviation fuel production in the US continues to increase boosting demand for feedstocks like UCO.
As companies look to manage their price risk in this sector we have seen US Gulf Coast Used Cooking Oil futures contracts launched on CME Exchange in early December.
VP, Business Development, Biofuels Argus
Louise Burke is currently leading the development of North American Biofuels and Global Aviation business for Argus Media. She has worked closely on a global level in providing key support on value integration in the supply chain works across all regional teams in Asia, Europe and the Americas to support the needs of the market. Ms. Burke began her professional career in the energy industry working for major oil corporations in Canada and the US where she performed both short and long-term analyses of energy prices and market trends. Following this, she worked in the financial energy futures andoptions industry as Vice-President for the New York Mercantile Exchange (now CME group) during its rapid growth in the 1990s. She currently serves as President of the Board of Directors of The Energy Forum, a non-profit organization designed to increase understanding of energy issues and is also affiliated with the SIPA energy program at Columbia University, New York as an instructor in the area of petroleum markets trading.
Associate Editor, Americas Biofuels report, Argus
Jamuna Gautam is an Associate Editor in the Americas Biofuels team focusing on the North American renewable feedstocks markets. She holds a bachelor's degree in digital media and communication from Lee University, Tennessee.
Director, Research and Product Development, CME
She is responsible for conducting research and analyzing global economic markets in support of product development at the Exchange for petroleum products. She authors articles and whitepapers discussing market fundamentals and trends to provide support and education to the petroleum industry. Elizabeth is focused on designing and developing new derivative contracts and the maintenance of refined products and NGL/petrochemical markets in North America.
