The Renewable Fuels Association announced on Feb. 28 that Sumitomo Corporation of Americas has joined the RFA as its newest member company. SCOA is a Fortune 500 integrated trading and investment company headquartered in Tokyo, Japan.
Cooper: Persistence, momentum key to ethanol industry success
By Renewable Fuels Association
March 01, 2023
The innate persistence of the U.S. ethanol industry and its champions can drive renewable fuels to new heights in 2023, RFA President and CEO Geoff Cooper said in his annual “State of the Industry� presentation at the NEC.
U.S. fuel ethanol production was down nearly 3 percent the week ending Feb. 24, according to data released by the U.S. Energy Information Administration on March 1. Weekly ending stocks of fuel ethanol were also down approximately 3 percent.
Swedish Biofuels AB announced on Feb. 27 an investment by Mitsubishi Corp. to jointly accelerate commercial deployment of clean renewable fuels using Swedish Biofuels advanced alcohol to jet (ATJ) technology.
The ethanol industry's contribution to the U.S. economy increased in 2022 as production volumes continued to recover from COVID pandemic levels and producers received higher prices for ethanol and co-products like distiller grains and corn oil.
Data released by the U.S. Energy Information Administration for 2022 show that ethanol volumes continued to recover from the pandemic-affected levels of 2020 and that the ethanol blend rate hit a record 10.39 percent.
RFA release 2023 Ethanol Industry Outlook, Pocket Guide
By Renewable Fuels Association
February 28, 2023
The RFA released its 2023 Ethanol Industry Outlook and Pocket Guide during the 28th annual National Ethanol Conference in Orlando. The annual publications serve as the go-to source of ethanol industry information, facts, and statistics.
Total U.S. operable biofuels production capacity expanded in December. Total biofuel feedstock consumption was down when compared to both the previous month and December 2021, according to data released by the U.S. EIA on Feb. 28.
The RFA has announced that BIOFerm, a provider of turnkey gas upgrading and anaerobic digestion systems, and RCM Thermal Kinetics, a company focused on bolstering clients' competitive advantages, have joined the group as associate members.
Adding low-cost ethanol to the nation's gasoline supply improves energy security and saves the average American household more than $750 per year, according to a new study conducted by energy economists from the University of California-Berkeley.
The USDA recently released its Grain Crushings and Co-Products Production report for February, reporting that corn use for fuel ethanol production in December was down from both the previous month and December 2021.
On Feb. 2, 2023, the National Customs Service of Ecuador (SENAE) officially ruled in favor of the domestic feed industry's request for a value added tax (VAT) exemption for distillers dried grains with solubles (DDGS).
The U.S. EPA's Third Triennial Report to Congress on the environmental impacts of the RFS is still a work in progress that needs to be vetted carefully and refined, the RFA noted in comments during a peer review meeting Feb. 24.
USGC staff and Ethanol Advisory Team members traveled to Ottawa, Canada, from Jan. 31 to Feb. 2, 2023, to meet with Canadian government officials and private stakeholders to discuss details related to the Canadian Clean Fuel Regulation.
U.S. fuel ethanol production was up nearly 2 percent the week ending Feb. 17, according to data released by the U.S. Energy Information Administration on Feb. 23. Weekly ending stocks of fuel ethanol expanded by 1 percent.
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.
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.
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.�
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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