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BIO report demonstrates economic power of US bioeconomy

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By Erin Krueger

March 25, 2025

Business 

BIO, in partnership with Kearney, a global management consulting firm, on March 24 released a report showing the U.S. bioeconomy currently contributes $210 billion in direct economic impact to the U.S. economy, excluding healthcare.

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Universal Fuel Technologies (Unifuel) has completed a successful five-month SAF pilot project. The campaign demonstrated the effectiveness and viability of the company’s Flexiforming technology in producing SAF from various renewable feedstocks.

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COAMO Agroindustrial Cooperativa has selected ICM Tecnologia em Biocombustíveis Ltda. to provide professional services and equipment for a new dry-mill grain ethanol production facility at the COAMO industrial site in Campo Mourão, Paraná.

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Growth Energy on March 21 announced it has bestowed its highest honor – the America’s Fuel Award – on Dan Sanders, the immediate past chair and current vice chairman of the Growth Energy Board and the CEO of Front Range Energy.

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IATA CO2 Connect enhanced with SAF accounting

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By International Air Transport Association

March 24, 2025

The International Air Transport Association has enhanced its IATA CO2 Connect emissions calculator to account for carbon emissions reductions related to the usage of sustainable aviation fuel (SAF).

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Murex LLC, a leading energy marketing and logistics company, on March 14 announced it has been awarded an exclusive ethanol marketing contract by Tharaldson Ethanol, a North Dakota-based ethanol producer.

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Aemetis Inc. on March 19 announced the Stanislaus County Board of Supervisors approved an extension of the county’s C-PACE program, which can help private industry finance energy efficiency and renewable energy projects.

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Nearly 1.52 billion RINs were generated under the RFS in February, down more than 25% when compared to the 2.04 billion that were generated during the same month of last year, according to data released by the U.S. EPA on March 20.

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The U.S. EPA on March 20 published updated SRE data showing that four new SRE petitions have been filed under the RFS in the past month. According to the agency, 156 SRE petitions are currently pending.

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Growth Energy CEO Emily Skor kicked off the16th annual Executive Leadership Conference with a keynote speech exploring the current political landscape, highlighting policy priorities, and outlining an industry game plan for 2025.

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Growth Energy announced the winners of the 2025 TOBI awards at the 2025 Executive Leadership Conference. The TOBI Award is named for Johan Tobias Lowitz, a chemist who created ethanol in 1796 and is considered the “father of fuel ethanol.”

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U.S. fuel ethanol production expanded by 4% the week ending March 14, according to data released by the U.S. Energy Information Administration on March 19. Stocks of fuel ethanol were down 3% and exports were down 31%.

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The Iowa House Judiciary Committee on March 6 voted 20 to 1 to approve a bill that aims to ban the use of eminent domain on agricultural land for the development of carbon dioxide (CO2) pipeline projects.

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Growth Energy on March 19 announced it has welcomed John Deere as its newest member. John Deere is a global leader in the production of agricultural, construction, forestry, and turf equipment and solutions.

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Airbus, Japan Airlines, Nippon Paper Industries, Sumitomo Corp., and Green Earth Institute have signed a MOU to collaborate on the realization of sustainable aviation fuel (SAF) using bioethanol derived from domestic wood.

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President Donald Trump, Ag Secretary Brooke Rollins and EPA Administrator Lee Zeldin on March 18 celebrated National Agriculture Day by honoring America’s farmers, ranchers and producers who provide the world with food, fuel and clothing.

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US ethanol industry leaders sign MOU with largest petroleum distributor in Vietnam

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By Renewable Fuels Association, Growth Energy and the U.S. Grains Council

March 14, 2025

Representatives of the RFA, USGC and Growth Energy on March 13 signed a quadripartite MOU with Vietnam-based Petrolimex that recognizes the economic, environmental, health and energy security benefits of increased ethanol use.

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Minnesota’s ethanol industry produced 1.4 billion gallons of ethanol and contributed $2.1 billion to the state’s gross domestic product in 2024, according to a new study by the University of Minnesota Extension.

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As the Philippines moves toward unlocking the potential of SAF, the USGC collaborated with the Philippines Department of Transportation and Boeing to conduct the first Philippines SAF Summit in Manila.

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Summit Carbon Solutions on March 12 filed a motion with the South Dakota PUC asking the agency to suspend the current schedule for its CO2 pipeline permit application, citing changing circumstances caused by the state’s new eminent domain law.

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Aemetis Inc. released fourth quarter and full year 2024 financial results on March 13, reporting increased revenues for its U.S. ethanol and biogas operations as well as its biodiesel operations in India.

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Growth Energy commended the U.S. EPA after the agency announced that it would reconsider its Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty and Medium-Duty Vehicles, otherwise known as the tailpipe emissions rule.

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U.S. fuel ethanol production fell by nearly 3% the week ending March 7, according to date released by the U.S. Energy Information Administration on March 12. Ethanol stocks were up slightly and exports expanded by 32%.

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The U.S. Energy Information Administration reduced its outlook for 2025 fuel ethanol production in its latest Short-Term Energy Outlook, released March 11. The estimates for 2024 fuel ethanol production and exports were revised up.

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The Nebraska ethanol and co-products industry remains a significant and stable force that contributes billions of dollars to the state’s economy, according to a new study from the University of Nebraska–Lincoln.

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The Renewable Fuels Association on March 7 congratulated member company Elite Octane, based in Atlantic, Iowa, for reaching the milestone of producing its billionth gallon of ethanol. The facility began operations in July 2018.

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USGC delegates to vote on name change

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By U.S. Grains Council

March 07, 2025

At its 22nd International Marketing Conference and 65th Annual Membership Meeting in Austin, Texas, the U.S. Grains Council announced it will bring forward a vote to amend the organization’s name to the U.S. Grains and BioProducts Council.

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Iowa Secretary of Agriculture Mike Naig in February named the recipients of the 2025 Renewable Fuels Marketing Awards. Al’s Corner Oil was recognized for ethanol marketing and Pro Cooperative was recognized for biodiesel marketing.

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Honeywell on Feb. 26 announced that Taiyo Oil Co. Ltd. has chosen the Honeywell UOP Ethanol to Jet (ETJ) technology to produce sustainable aviation fuel (SAF) at its Okinawa Operations in Japan. The facility is expected to begin operations in 2029.

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Alto Ingredients Inc. on March 5 announced it has cold idled its Magic Valley ethanol plant in Idaho. The company has also reduced staff by 16% and is considering a range of options to maximize shareholder value, include asset sales or a merger.

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