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Rex reports profitable Q2, provides update of CCS and capacity expansion projects

August 31, 2023

BY Erin Voegele

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By Lisa Gibson

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Cellulosic/Advanced  Feedstocks Operations Business 

A recent industry survey provides a snapshot of the corn kernel fiber production segment, including factors in decision-making, operational details, production volumes and more.

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U.S. fuel ethanol production fell by nearly 4% the week ending March 27, according to data released by the U.S. Energy Information Administration on April 1. Stocks of fuel ethanol were down more than 4% and exports expanded by 3%.

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U.S. operable ethanol and biodiesel production capacity expanded slightly in January, according to data released by the U.S. EIA on March 31. Renewable diesel capacity fell by more than 2% when compared to December.

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Plants add capacity, capabilities to meet growing demand.

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Gevo Inc. on March 30 announced that it is developing plans for a potential expansion at the site of its facility in Richardton, North Dakota, by adding a second ethanol production facility with targeted production capacity of up to 75 MMgy.

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