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Alto reports improving margins, progress with plant improvements

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By Erin Voegele

May 18, 2023

Operations Coproducts Business 

Alto Ingredients Inc. released Q1 financial results on May 8, reporting improving margins and announcing progress with several ongoing plant improvement projects, including the installation of a CoProMax system at its Magic Valley plant in Idaho.

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Gevo Inc. on May 10 reported it has entered into a technology access agreement with Phillips 66 and ADM. The company also announced progress with its RNG operations but said plans for its NZ1 SAF project will likley be delayed.

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Little Sioux Corn Processors announced May 10 that it has contracted with N Bowdish Co. to provide asset management services for its facility in Marcus, Iowa. Two other facilities are already managed by N Bowdish Co.

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The reintroduction of the Next Generation Fuels Act in both the House and Senate gives liquid fuels the opportunity to increase fuel efficiency while reducing tailpipe emissions. And it could potentially help advance ethanol's net-zero-carbon future.

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Carbon intensity scores determine, in part, the value producers get for each gallon of ethanol they produce. Today's CI calculations don't factor in low-carbon farming practices, but industry leaders like Brian Jennings are determined to change that.

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In April, the U.S. Grains Council held the 2023 U.S. DDGS Trade Promotion Conference in Seoul, South Korea, that offered information on U.S. distillers dried grains with solubles (DDGS) and its benefits, among other topics.

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The Coalition for Renewable Natural Gas (RNG Coalition) and American Biogas Council on May 5 partnered with six other organizations to urge the U.S. EPA to promptly open the Renewable Fuel Standard to eligible sources of biobased electricity.

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The RFA, Growth Energy and ACE and are calling on the U.S. EPA to recognize the carbon reduction benefits of ethanol in its proposed rule to set multi-pollutant emissions standards for MY 2027 and later light-duty and medium-duty vehicles.

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In conjunction with the USDA's Agricultural Trade Mission that took place during April in the Netherlands, the USGC organized an ethanol policy and infrastructure assessment mission to discuss the country's current ethanol policy.

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U.S. EPA Administrator Michael Regan fielded questions on the availability E15 and carbon capture and storage (CCS) permitting during a May 3 hearing held by the U.S. Senate Committee on Appropriations.

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U.S. fuel ethanol production was up nearly 1 percent the week ending April 28, according to data released by the U.S. Energy Information Administration on May 3. Stocks of fuel ethanol declined by nearly 4 percent during the week.

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In April, USGC ethanol staff traveled to British Columbia, Canada, to meet with provincial government officials, fuel suppliers and fuel retailers about the province's updated low-carbon fuel standard and increasing ethanol blends to E15.

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Verbio North America Holdings Corp. announced on May 1 the signing and closing of a purchase agreement with Mercuria Investments US Inc. to acquire South Bend Ethanol LLC. Verbio plans to add RNG production capacity to the facility.

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U.S. operable biofuels production capacity increased in February, with gains for ethanol, biodiesel and renewable diesel and associated fuels, according to data released by the U.S. EIA. Total feedstock consumption was up slightly from February 2022.

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BBI International has entered into a collaborative agreement with the Commercial Aviation Alternative Fuels Initiative to produce the first annual North American SAF Conference & Expo. The conference will be held in Minneapolis on Aug. 29-30.

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Fueled by Nebraska, a partnership of Nebraska biofuels organizations, and the Nebraska Soybean Board, is celebrating Renewable Fuels Month with giveaways, student contests, radio interviews, fuel promotions, and more.

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House Energy and Commerce Committee Republications on April 25 sent a letter to U.S. EPA Administrator Michael Regan urging the agency to reconsider its plan to open the Renewable Fuel Standard to certain sources of renewable electricity.

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The U.S. EPA on April 28 issued an emergency waiver that will allow E15 sales to continue through the summer 2023 driving season nationwide. Representatives of the U.S. ethanol industry are applauding the agency's decision.

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The U.S. House of Representatives on April 26 narrowly approved a debt ceiling package that significantly reduces the application of the IRA's clean fuel and SAF tax credits, but leaves the existing biodiesel and renewable diesel BTC intact.

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Valero Energy Corp.'s renewable diesel segment set a new sales volume record during Q1 while its ethanol segment reported a profitable three-month period with higher production volumes. The company is also progressing with plans to produce SAF.

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Novozymes released first quarter financial results on April 26, reporting that bioenergy sales were up 28 percent during the three-month period. Overall company sales were up 5 percent for the quarter.

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Summit Carbon Solutions has signed a multi-year agreement to sell carbon dioxide removal credits (CDRs) to the NextGen CDR Facility (NextGen). In total, NextGen announced the purchase of 193,000 tons of CDRs from three projects.

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ICM announced Element LLC was placed into receivership due to market-based disruptions that have impacted profitability, including high corn basis and reduce LCFS values. ICM technologies installed at the plant, however, exceeded expectations.

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Iowa lawmakers announce victory for ag, biofuel producers

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By Office of Rep. Mariannette Miller-Meeks

April 26, 2023

The Members of Iowa's Congressional Delegatio released a statement on the debt ceiling package negotiations, discussing efforts to amend the bill to protect biofuel tax credits that benefit ethanol producers and the ag community.

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Fibenol is starting up its first lignocellulosic biorefinery in Imavere. The recalcitrant lignocellulosic structures are effectively opened with a combination of Sunburst pre-treatment technology and tailored enzymatic cocktails from Novozymes.

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POET has signed an exclusive partnership agreement with Midwest Commodities in Detroit, Michigan. As part of the agreement, Midwest Commodities will provide DDGS truck-to-container transload services solely to POET.

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The USDA recently released its Grain Crushings and Co-Products Production Report for April, reporting that corn use for fuel ethanol in February was down when compared to both the previous month and February 2022.

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Reps. Julia Brownley, D-Calif., and Brad Schneider, D-Ill., on April 20 introduced the Sustainable Aviation Fuel Act, which aims to support the use of SAF via tax credits and the establishment of an aviation-only LCFS.

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The European Commission announced on April 26 that a political agreement has been reached on the REFuelEU Aviation proposal, which creates a mandate requiring the use of sustainable aviation fuel (SAF).

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U.S. fuel ethanol production fell by nearly 6 percent the week ending April 21, according to data released by the U.S. Energy Information Administration on April 26. Stocks of fuel ethanol were down nearly 4 percent.

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