USDA
June 8, 2015
BY Susanne Retka Schill
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Gevo Inc. on Sept. 12 announced it has entered into a definitive agreement to acquire the ethanol production plant and CCS assets of Red Trail Energy LLC for $210 million. Gevo plans to add net-zero SAF production capacity to the site.
The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest WASDE report, released Sept. 12. The estimates for 2022-’23 and 2023-’24 soybean oil use in biofuel production were revised up.
The USDA reduced its forecast for soybean production in its latest monthly Crop Production report, released Sept. 12. Record highs, however, are expected for both soybean yields and soybean production for beans.
Amp Americas, a leading dairy methane capture and RNG company, on Sept. 10 announced that its projects have reduced more than 2,000,000 metric tons (MT) of carbon dioxide equivalent (CO2e) emissions since 2012.
On Sept. 11, SK Energy, the largest refiner in South Korea and a subsidiary of SK Innovation, announced the completion of the nation’s first dedicated sustainable aviation fuel (SAF) production line.