University of Florida Institute of Food and Agricultural Sciences
June 5, 2018
BY University of Florida Institute of Food and Agricultural Sciences
Advertisement
Advertisement
Valero Energy Corp. on April 30 released first quarter financial results, reporting a profitable three-month period for both its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.
CPM|Crown has announced the expansion of its industry-leading equipment and service offering to include a full portfolio of conveyor solutions, strengthening CPM|Crown’s ability to deliver integrated, end-to-end systems.
Sumitomo Corp. has announced its study on ethanol exports from the Kingdom of Thailand to Japan was selected for a government grant. The study examines the feasibility of establishing a stable supply of ethanol from Thailand to Japan.
U.S. fuel ethanol production fell by 3% the week ending April 24, according to data released by the U.S. Energy Information Administration on April 29. Stocks of fuel ethanol fell by 4% while exports were up nearly 87%.
Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.