There's a new mouth to feed in the West. XCF Global (Nasdaq: SAFX) announced that its New Rise Renewables plant in Reno, Nevada has begun producing renewable fuel — starting with renewable diesel (RD), the drop-in diesel that refiners make from fats, oils, and greases instead of crude.
The July 9 announcement marks the restart of a facility that had been sitting through commissioning and upgrade work. XCF says throughput will climb "in a measured manner" as systems come online, and that fuel sales should start generating revenue as the ramp continues.
For our industry, the fuel is only half the story. The other half is what goes in the front door. A renewable diesel plant is, functionally, a feedstock buyer — and New Rise carries a permitted nameplate capacity of 38 million gallons a year. Plants that size run on a steady diet of feedstock: soybean oil, tallow, distillers corn oil, and used cooking oil (UCO) — the yellow grease collectors pull from restaurant fryers.
XCF hasn't disclosed New Rise's feedstock slate, so we won't put words in its mouth. But a plant this size represents real annual demand for low-carbon oils and fats, and it's now switched on.
Location matters too. Reno sits within trucking distance of California and its Low Carbon Fuel Standard (LCFS) — the credit program that rewards low-carbon fuels and has made West Coast grease some of the most sought-after supply in the country. Another operating plant in that orbit is another bidder for regional feedstock.
CEO Chris Cooper framed the diesel as a first step: New Rise is designed to shift into sustainable aviation fuel (SAF) production later, part of XCF's plan to expand low-carbon fuel output across Nevada, North Carolina, and Florida.
For collectors and haulers, a new regional buyer can mean firmer local pricing and shorter hauls. For traders and brokers, it's one more Western demand point to track. And for processors weighing where their oil lands, New Rise is a name worth watching as it ramps toward full capacity.
