Search Results for keywords:"Biobased Products"

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Search Results: keywords:"Biobased Products"

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  • 2024-29361 — Notice of Extension of Application Deadline for Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program
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    Type:Notice
    Citation:89 FR 100949
    Reading Time:about a minute or two

    The Rural Business-Cooperative Service of the USDA has announced an extension for the loan guarantee application deadline for the 9003 Program. This program supports the development of biorefineries, renewable chemicals, and biobased products with loan guarantees up to $250 million. Originally due on October 1, applications can now be submitted until December 31, 2024, at 4:30 p.m. Eastern Time. Despite requiring a non-binding letter of intent 30 days prior, exceptions can be made, and questions can be directed to the provided USDA contact information.

    Simple Explanation

    The USDA is giving more time for people to apply for big loans to help make new things like plant-based products and renewable chemicals, now until the end of December 2024, but it's not clear which projects can get the money or how they'll pick who gets it.

  • 2024-28431 — Biobased Markets Program
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    Type:Rule
    Citation:89 FR 97459
    Reading Time:about 90 minutes

    The United States Department of Agriculture (USDA) is implementing changes to the Biobased Markets Program, also known as the BioPreferred Program, following updates from the 2018 Farm Bill. The updated rule merges two previous sets of guidelines into one, streamlining the regulatory process for designating and labeling biobased products that qualify for federal procurement preferences. This final rule aims to make it easier for these products to qualify for federal use and merges federal guidelines for procurement and labeling into a single, simplified regulation effective January 8, 2025.

    Simple Explanation

    The USDA is making new rules that bring together two sets of guidelines into one, to help companies make more products from plants and other natural materials for the government to buy. These changes should make it easier to follow the rules starting next January.