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Aemetis unveils updated 5-year plan

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By Aemetis Inc.

February 22, 2023

Business Operations 

Aemetis Inc. on Feb. 13 released an updated five-year plan that provides insights into the company's plans to generate $2.0 billion of revenues, $496 million of net income, and $682 million adjusted EBITDA in year 2027.

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Pearson Fuels, the country's largest E85 distributor, has opened its 300th retail E85 site. The latest addition to the San Diego-based company's E85 network is located at 8617 Cuyamaca St., Santee, California.

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U.S. biofuels producer POET appears in a new short film produced by BBC StoryWorks, the commercial content division of BBC Global News. The film is part of BBC StoryWorks's new 29-part film series, “Nature's Building Blocks.�

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UNICA, the Brazilian sugarcane industry association, has released data showing that ethanol production was up during the second half of January. Ethanol sales for the full month were up more than 23 percent.

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Rep. Randy Feenstra, R-Iowa, in February reintroduced three bills that aim to support the U.S. biofuels industry by comparing the costs of EV and FFV fleets, supporting R&D for SAF, and supporting the development of biofuel fuel cells.

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Aemetis Inc. in Feburary hosted California Department of Food and Agriculture Secretary Karen Ross for a discussion and site tours of the company's renewable biofuel and dairy-based renewable natural gas (RNG) facilities.

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Growth Energy CEO Emily Skor on Feb. 21 issued a statement in response to the latest article from Tyler Lark, who has a long history of neglecting the accepted science behind the climate and environmental benefits of biofuels.

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The use of science-based, consistent and transparent lifecycle analysis methods will be crucially important in implementing the SAF tax credit under the Inflation Reduction Act, the RFA said in comments to the U.S. Department of Treasury.

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The USDA's Economic Research Service on Feb. 7 published a report discussing its analysis of U.S. Energy Information Administration data and predicting possible domestic and global demand for ethanol through 2030.

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The government of Japan on Feb. 1 issued proposed biofuel standards for 2023-2027 that address both ethanol and sustainable aviation fuel (SAF). A public comment period is open through March 2, with the new standards scheduled to take effect April 1.

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A bill introduced in the Iowa legislature on Feb. 20 aims to implement new requirements for the development of carbon dioxide pipelines within the state. The Iowa Renewable Fuels Association has spoken out against the legislation.

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RFA offers emergency response “train the trainer” webinars

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By Renewable Fuels Association

February 20, 2023

The Renewable Fuels Association is hosting a series of four “train the trainer� webinars in 2023 for emergency response professionals. The webinars will teach individuals how to train others in ethanol emergency response tactics and procedures.

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RFA: Minnesota E15 volume hits record

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By Renewable Fuels Association

February 20, 2023

Sales of E15, a gasoline blend containing 15 percent ethanol, hit a record 171 million gallons in Minnesota in 2022, according to a new Renewable Fuels Association analysis of data from the Minnesota Department of Commerce.

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Growth Energy is urging the IRS to rely on the most accurate and up-to-date lifecycle analysis (LCA) approaches in order to make the most of the 40B and 45Z tax credits in the Inflation Reduction Act.

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The U.S. Government Accountability Office on Feb. 9 issued a determination that states the U.S. EPA's June 2022 denial of 69 SREs under the RFS is not a rule, and therefore is not subject to the requirements of the Congressional Review Act.

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The Andersons Inc. released fourth quarter financial results on Feb. 14, reporting strong quarterly results and record full year earnings. The company's renewables segment achieved good results despite lower ethanol margins.

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The U.S. EPA on Feb. 16 released data showing that two SRE petitions have been filed under the RFS over the past month. A total of 24 SRE petitions are now pending, up from 22 that were pending as of mid-January.

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The U.S. EPA has released data showing more than 1.75 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in January, up from 1.59 billion that were generated during the same month of 2022.

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Partnering with gold medal Olympian and bestselling author Shawn Johnson East and her family, Growth Energy has launched a campaign designed to show American drivers how they can lower their carbon emissions just by filling up with Unleaded 88.

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Ethanol Producer Magazine's editor previews the feature articles in the publication's March issue, including stories about carbon capture and sequestration on the High Plains, energy-neutral dehydration and efforts to validate broader use of E30.

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Kemin Bio Solutions launches FermSAVER

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By Kemin Industries

February 09, 2023

Kemin Industries recently launched FermSAVER, a tea-extract product utilized during yeast fermentation for ethanol production. FermSAVER was developed to help reduce stress when yeast is exposed to excess heat generated during the summer months.

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A bipartisan group of 31 federal lawmakers are urging the Biden administration to “swiftly and diligently� take action on a petition filed by a coalition of Midwest governors in April 2022 seeking a permanent solution to year-round E15 sales.

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RFA to testify on potential of a national clean fuels program

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By Renewable Fuels Association

February 09, 2023

RFA President and CEO Geoff Cooper has been invited to testify at a hearing of the Senate Committee on Environment and Public Works. The hearing will address considerations for a potential national clean fuels program.

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The U.S. Department of Energy announced $25.5 million in funding to enable the sustainable use of domestic biomass and waste resources, such as agricultural residues and algae, to produce low-carbon biofuels and bioproducts.

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Summit Carbon Solutions' proposed carbon capture, transportation, and storage project continues to advance through the regulatory process as the North Dakota Public Service Commission on Feb. 1 issued an order establishing hearing dates.

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According to new statistical reports released by the RFA, the value of the U.S. ethanol industry's exports soared to a record level of $7.2 billion in 2022. Ethanol export volumes strengthened to 1.35 billion gallons in 2022.

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The U.S. Department of Energy on Jan. 30 awarded $131 million for 33 carbon management projects. At least four of the funded projects specifically address carbon capture related to bioenergy and biofuels.

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The U.S. Energy Information Administration maintained its forecast for 2023 fuel ethanol production in its latest Short-Term Energy Outlook, released Feb. 7. The forecast for 2024 ethanol production was reduced slightly.

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Green Plains Inc. released fourth quarter financial results on Feb. 8, reporting that the company's operations were impacted by high corn prices, rail embargoes, and cold weather during the three-month period.

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U.S. fuel ethanol production was down 3 percent the week ending Feb. 3, according to data released by the U.S. Energy Information Administration on Feb. 8. Stocks of fuel ethanol were down slightly for the week.

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