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USDA maintains forecast for FY 2023 ethanol exports

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By Erin Krueger

June 06, 2023

Markets Business 

The USDA on May 31 released its latest quarterly outlook for U.S. agricultural trade, reporting that the agency’s forecast for FY 2023 ethanol exports remains unchanged at $3.6 billion. If realized, that value will be the second highest on record.

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Aemetis Inc. announced June 5 that its Aemetis Biogas subsidiary generated federal D3 RINs from the EPA under the RFS for the first time and has filed to California LCFS credits for RNG that was delivered to customers starting in late May.

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Summit Carbon Solutions has announced a new partnership with Absolute Energy, a 130 MMgy ethanol plant located in Saint Ansgar, Iowa. Absolute Energy joins an expanding network of facilities that are joining Summit's CCS project.

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RFA congratulates Adkins Energy on 20th anniversary

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By Renewable Fuels Association

June 05, 2023

The Renewable Fuels Association congratulates producer member Adkins Energy LLC as it celebrates its 20th anniversary this month. The celebration includes an open house at the Lena, Illinois, biorefinery on June 3.

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U.S. fuel ethanol production was up 2 percent the week ending May 26, according to data released by the EIA on June 1. Weekly ending stocks of fuel ethanol were up 1 percent. The agency also released weekly ethanol export data for the first time.

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Whitefox Technologies has annoucned that The Andersons Inc. has successfully installed the Whitefox ICE membrane dehydration system at its ethanol plant located in Denison, Iowa. This is Whitefox’s 11 installation in the U.S.

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Blue Biofuels announced that it has signed a MOU with World Energy under which World Energy will purchase the finished products produced by Blue Biofuels and all their applicable environmental attributes, including ethanol and SAF.

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EcoCeres Inc., an Asia-based innovative biorefinery company, has announced announce its first shipment of 100 percent agricultural waste-produced cellulosic ethanol to the European markets. The ethanol was produced at a facility in China.

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FS has announced its third corn ethanol plant in Brazil has begun operations. the 160 MMgy facility is located in the municipality of Primavera do Leste, Mato Grosso. In addition to ethanol, the facility produces corn oil, DDGs and electricity.

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CropEnergies on May 24 announced it achieved record revenues during the 2022-’23 financial year, the 12-months ended Feb. 28. The company attributed the record high results to improved sales prices for all product segments, particularly ethanol.

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The European Commission on May 23 announced it has closed its antitrust investigation into Belgium-based Alcogroup S.A. and its subsidiary Alcodis S.A. related to their alleged participation in an ethanol benchmarks cartel.

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The RFA is again hosting its annual Ethanol Days of Summer Contest with weekly chances to win free fuel. This year’s contest will allow consumers more ways to win. Each week, RFA will award $250 in free fuel from Memorial Day to Labor Day.

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Summit Carbon Solutions has announced a partnership with NuGen Energy, an ethanol plant in Marion, South Dakota, principally owned by REX American Resources. NuGen joins 32 ethanol plants that have signed on to Summit's CCS project.

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Aemetis Inc. on May 25 announced the re-start of production at the 65 million gallon per year capacity Keyes, California ethanol plant after completing the most extensive maintenance and system upgrades in the 12 years of facility operations.

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New Energy Blue and Dow on May 25 announced a long-term supply agreement under which New Energy Blue will produce biobased ethylene from corn stover. Dow will purchase the biobased ethylene for use in plastics production.

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U.S. fuel ethanol production fell slightly the week ending May 19, according to data released by the U.S. energy information administration on May 24. Weekly ending stocks of fuel ethanol were down 5 percent.

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The U.S. Department of Energy on May 24 launched the Clean Fuels & Products Shot, which aims to significantly reduce GHG emissions from carbon-based fuels, including though the increased use of biomass and waste feedstocks.

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With drivers expected to hit the roads in near pre-pandemic numbers this Memorial Day weekend, Growth Energy is urging travelers to fill up with Unleaded 88 to save to save money at the pump and reduce their emissions over the holiday.

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Growth Energy has added United Wisconsin Grain Producers LLC as its newest producer plant member. UWGP's facility has the capacity to produce 62 MMgy of ethanol, 2.3 MMgy of crude corn oil, and 110,000 tons per year of distillers grains.

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A $1.3 billion transportation budget package passed by the Minnesota legislature on May 21 aims to create a Clean Transportation Standard Working Group to study and address information gaps and opportunities related to the development of a state CFS.

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Michigan Milk Producers Association and Canadian Dairy Distillery announced a joint initiative that will transform a dairy byproduct into low carbon intensity ethanol, adding to the biofuel supply for cars and trucks.

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In a recently signed contract with KAAPA Partners Aurora LLC, ICM has agreed to be the EPC contractor for a portion of an ethanol plant upgrade in Aurora, Nebraska. The facility will be retrofitted with ICM’s P10 Process Optimization.

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Navigator CO2 has signed an agreement with Puro.earth to validate and certify Navigator's carbon dioxide removal (CDR) credits. The framework pairs Puro's Geologically Stored Carbon Methodology with Navigator's Heartland Greenway CCUS system.

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The White House OMB has opened a public comment period as part of a federal effort that aims to improve how to identify, classify and measure bioeconomy manufacturing, technology and products, including biobased fuels, chemicals and materials.

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KAAPA Partners Aurora joins RFA as newest producer member

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By Renewable Fuels Association

May 26, 2023

The RFA has announced the addition of KAAPA Partners Aurora LLC as the organization’s newest producer member. In February, KAAPA Ethanol Holdings closed on a joint venture with Aurora Cooperative and assumed a majority interest in its ethanol plant.

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Global aquaculture industry professionals came together in Morocco in May for the U.S. Grains Council's (USGC's) International Aquaculture Conference. The conference covered a variety of topics, including aquafeed ingredient properties.

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Sens. Chuck Grassley, R-Iowa, and John Cornyn, R-Texas, on May 18 introduced a bill that aims to prevent EV manufacturers from participating in the Renewable Fuel Standard and would direct the U.S. EPA to withdraw its proposed eRIN program.

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ICE reports strong demand in US renewable fuel futures

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By Intercontinental Exchange Inc.

May 26, 2023

Intercontinental Exchange Inc. has announced strong demand for U.S. RINs as increasing numbers of participants with RIN compliance obligatations hedge price risk associated with mandated Renewable Fuel Standard targets.

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Nearly 1.84 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in April, up from 1.71 billion generated during the same month of 2022, according to data released by the U.S. EPA on May 18.

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