Valero Energy Corp. released second quarter financial results on July 27, reporting improved operating income for both its renewable diesel and ethanol business segments. The company also said its SAF project is progressing on schedule.
This summer, the U.S. Grains Council participated in the Pan American Conference on Biofuels held in Buenos Aires, Argentina, with a special focus on the opportunities for expansion of consumption and production of liquid biofuels in the region.
The American Coalition for Ethanol, Growth Energy, and the Renewable Fuels Association have joined the newly formed American Carbon Alliance. Their participation brings attention to the benefits that carbon capture technology will have on rural communities, the nation’s economy, and the ethanol industry.
The DOE's BETO often requires FOA award recipients to comply with technical and economic validation of their novel technologies. The agency has released a new set of web resources to help awardees and applicants under the process.
U.S. fuel ethanol production was up 2 percent the week ending July 21, according to data released by the U.S. Energy Information Administration on July 26. Stocks of fuel ethanol were up slightly while exports were unchanged from the previous week.
Allotrope Partners LLC, Axens North America, and Sumitomo Corporation of Americas have signed an agreement to develop a joint study for a commercial plant producing cellulosic ethanol from woody biomass.
The Iowa Renewable Fuels Infrastructure Program board approved 35 project applications totaling more than $1.6 million during its quarterly board meeting on July 20. The awards support both ethanol and biodiesel projects.
The United Airlines Ventures Sustainable Flight Fund, which aims to increase the supply of SAF through the support of start-ups, has increased its investment power to nearly $200 million and added eight new corporate partners.
ADM reports strong Q2 for biofuels
By Erin Voegele
July 25, 2023
Archer Daniels Midland Co. released second quarter financial results on July 25, reporting strong results for both ethanol and biodiesel operations. Robust margins for both types of biofuel are expected to continue into the second half of the year.
Flood, Budzinski introduce SAF Accuracy Act of 2023
By Erin Voegele
July 25, 2023
Reps. Mike Flood, R-Neb., and Nikki Budzinski, D-Ill., on July 25 introduced the Sustainable Aviation Fuels Accuracy Act of 2023, a bipartisan bill that aims to identify the standards required to meet the definition of SAF at the FAA.
Sen. Amy Klobuchar, D-Minn., on July 20 introduced the Biomanufacturing and Jobs Act, which aims to strengthen the USDA’s BioPreferred Program. Sens. Joni Ernst, R-Iowa; Debbie Stabenow, D-Mich., and Pete Ricketts, R-Neb., are cosponsoring the bill.
Growth Energy on July 25 filed an amicus brief in the U.S. Court of Appeals for the District of Columbia Circuit in The San Antonio Refinery, LLC, et al. v. U.S. EPA. The case pertains to a group of refineries seeking to avoid complying with the RFS.
In June, Braskem concluded a 30 percent increase in the production capacity of its biobased ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The company’s biobased ethylene is made from sugarcane ethanol.
Gevo Inc. has entered into a master services agreement with a subsidiary of McDermott International Ltd. to provide front end engineering and early planning services for Gevo’s development of multiple SAF facilities in North America.
EPA: 2.04 billion RINs generated in June
By Erin Voegele
July 24, 2023
More than 2.04 billion RINs were generated under the RFS in June, up from 1.86 billion generated during the same month of last year, according to data released by the U.S. EPA. Total RIN generation for the first half of 2023 reached 11.39 billion.
The USDA recently released its Grain Crushings and Co-Products Production Report for July, reporting that corn use for fuel ethanol production in May was down when compared to the same month of last year.
The RFA's nationally recognized safety programs have been honored with their 11th consecutive National Achievement Award from TRANSCAER, a national hazardous materials safety coalition. RFA's Missy Ruff also received an individual award.
International Airlines Group has announced an investment into Nova Pangaea Technologies, an U.K.-based cleantech company whose technology converts agricultural waste and wood residue into ethanol that can be processed into SAF.
The August issue of Ethanol Producer Magazine addresses industry opportunities related to CO2 utilization, the benefits of multi-plant executive management, the contributions of the National Corn-to-Ethanol Research Center, and the future of cellulosic ethanol production.
The Vietnam Ministry of Industry and Trade, Vietnam Petroleum Association and the U.S. Grains Council jointly organized the first iteration of Decarbonize Asia: Vietnam Biofuels Forum to discuss technical, commercial and environmental considerations for the expansion of fuel ethanol use in the country.
Protec Fuel, a leader in ethanol fuel solutions, has announced its commitment to assist retailers and fleets in securing their share of a $450 million grant through the Higher Blends Infrastructure Incentive Program (HBIIP) by the U.S. USDA.
The EPA has opened a public comment period on Class VI permits for a CCS project that would sequester CO2 produced at a fertilizer plant. Project developers say the resulting low-carbon fertilizer could help lower the CI score of corn and ethanol.
Sen. Cynthia Lummis, R-Wyo., on July 19 introduced a bill that aims to alter the RFS by changing the way RIN compliance credits are generated and slashing the renewable volume obligations (RVOs) of small refiners.
UNICA, the Brazilian sugarcane industry association, has announced sugarcane process was up during the second half of June. Ethanol production was down for the two-week period, while ethanol sales were up for the full month.
Iowa Central Community College on July 17 broke ground on a an expanded fuel testing lab that will benefit ethanol, biodiesel and other types of fuel. The new biofuel testing lab is expected to be complete in the fall of 2024.
Renewable Fuels Association has unveiled its 2022 Ford Escape plug-in hybrid electric flex-fuel vehicle—the first of its kind anywhere in the world.
U.S. fuel ethanol production expanded by nearly 4 percent the week ending July 14, according to data released by the U.S. Energy Information Administration on July 19. Stocks of fuel ethanol were up 2 percent while exports were up 69 percent.
The U.S. DOE's BETO on will host a Bioenergy Cybersecurity Workshop on Sept. 11. The virtual event will focus on the identification of cybersecurity risks in biofuel and bioproduct manufacturing as well as ways to address those risks.
Syclus has selected Axens to provide its Atol technology for a proposed facility in the Netherlands that will convert sustainable ethanol into ethylene. The 100,000-metric-ton-per-year plant is expected to begin production in 2026.
Ethanol Producer Magazine highlights recent businsses announcements by Fluid Quip Technologies, Novozymes, POET, Whitefox, and Alfa Laval.
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