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Inflation Reduction Act welcomed by ethanol groups

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By Erin Krueger

August 01, 2022

Policy Business Markets Coproducts 

Senate democrats on on July 27 announced an agreement to add the Inflation Reduction Act of 2022 to the FY2022 Budget Reconciliation bill. The legislative package will benefit the U.S. ethanol industry, according to the RFA and Growth Energy.

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Due to the expansive geography of Southeast Asia and the cultural norms leaning toward face-to-face business dealings, the USGC's Southeast Asia office partnered to hold the Agricultural Supply Chain Conference earlier this year.

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Novozymes introduces Innova Apex and Innova Turbo to the Innova platform. Innova Apex and Turbo are tailored to work in specific fermentation times, enabling ethanol producers to maximize their fermentation process.

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Sens. Chuck Grassley, R-Iowa, and Joni Ernst, R-Iowa, on July 26 introduced the Next Generation Fuels Act, which aims to leverage higher-octane fuels to improve engine efficiency and performance. Rep. Cindy Axne, D-Iowa, introduced the bill in 2021.

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U.S. fuel ethanol production was down more than 1 percent the week ending July 22, according to data released by the U.S. Energy Information Administration on July 27. Weekly ending stocks of fuel ethanol were also down 1 percent.

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To increase awareness of DDGS usage in Peruvian swine diets and strengthen ties with the pork sector, the USGC sponsored four speakers at the annual International Pork Congress (CIPORC) organized by the Peruvian Pork Association (ASOPORCI).

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MN Bio-Fuels: Gov. Walz tours Guardian Energy

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By Minnesota Bio-Fuels Association

July 26, 2022

Gov. Tim Walz visited Guardian Energy on July 22 to take a closer look at the plant's state-of-the-art production capabilities, the important role ethanol plays in reducing greenhouse gas emissions and it's impact on rural economies.

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Navigator CO2 has announced the relocation of its corporate headquarters to Omaha, Nebraska, and the key addition of Tyler Durham as chief development officer and senior vice president. The company is developing the Heartland Greenway CCS project.

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The Nebraska ethanol industry produced over 2.25 billion gallons in 2019, resulting in a value of production for ethanol and co-products of greater than $4.04 billion, according to a new University of Nebraska–Lincoln study.

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Archer Daniels Midland Co. on July 26 reported its ethanol-related business segements benefited from good gasoline demand, strong ethanol blending economics and $50 million in COVID-19 relief funds during the second quarter.

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Gevo Inc. has closed on the purchase of approximately 245 acres near Lake Preston, South Dakota, for its first commercial scale sustainable aviation fuel (SAF) facility, Net-Zero 1. The company expects to break ground on the plant in September.

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The U.S. EPA has released updated renewable identification number (RIN) data showing that nearly 1.85 billion RINs were generated under the Renewable Fuel Standard in June, up from 1.77 billion RINs generated during the same month of 2021.

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The U.S. EPA and Growth Energy on July 22 filed a consent decree agreement with the U.S. District Court for the District of Columbia that requires the agency to proposed 2023 RFS RVOs by Nov. 16, 2022, and finalize the 2023 RVOs by June 14, 2023.

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Gevo Inc. has announced a new fuel sales agreement with American Airlines Inc. The agreement sets forth the terms for the sale of 100 million gallons per year of SAF for five years from Gevo's future commercial operations.

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The U.S. Grains Council's effiorts to eduate Indonesian buyers on the animal health benefits that distillers dried grains with solubles (DDGS) provide and the cost savings for producers has helped boost purchases of the feed product.

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Growth Energy Senior Vice President of Regulatory Affairs Chris Bliley submitted comments to the Oregon Department of Environmental Quality in response to its proposal to update and extend its carbon reductions under the state's Clean Fuels Program.

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Summit Carbon Solutions announced today that Lee Blank has been hired as chief executive officer. He will assume day-to-day leadership of Summit Carbon Solutions, working closely with the company's sponsor, Summit Agricultural Group.

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The U.S. EPA on June 21 published updated data on small refinery exemptions (SREs) filed under the Renewable Fuel Standard, reporting that no new SRE petitions have been filed in the past month. Three SRE petitions are currently pending.

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UNICA, the Brazilian sugarcane industry association, has released new data showing that sugarcane processing and ethanol production were both down in during the second half of June. Ethanol sales were also down slightly.

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With a time-to-market advantage over EVs, ethanol benefits the 270 million cars on the road today while replacing benzene-based carcinogens in gas. With its low-carbon, high-octane requirement, the Next Generation Fuels Act takes ethanol higher.

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Record-high prices are motivating ethanol producers to explore all available options to maximize corn oil recovery. Advanced technology, specialized equipment and informed operational strategies are taking yields to new heights.

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Working together to highlight the benefits of using U.S. distiller's dried grains with solubles (DDGS), the U.S. Grains Council's Mexico and Latin America offices led a team of professionals in the cattle industry to Mexico in early July.

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U.S. fuel ethanol production increased by nearly 3 percent the week ending July 15, according to data released by the U.S. Energy Information Administration on July 20. Stocks of fuel ethanol were down slightly.

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Verbio Grand Opening

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By Katie Schroeder

July 19, 2022

Germany's Verbio has unveiled its first North American biorefinery in Iowa. After completion of its second phase of construction next year, it will produce both RNG and ethanol. The biogas is cellulosic, the alcohol will be corn derived.

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Business Briefs

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By Ethanol Producer Magazine

July 19, 2022

News from the September issue of Ethanol Producer Magazine, including Canada publishing its final CFR, ePURE naming Carpintero its new director general, NREL's new CFO, ACE's carbon calculator and Trucent's latest DCO refining offering.

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RFA welcomes CIBO Technologies as newest associate member

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By Renewable Fuels Association

July 19, 2022

The Renewable Fuels Association has welcomed CIBO Technologies Inc. as its newest associate member. CIBO is a science-based technology company focused on accelerating the adoption and scaling of regenerative agriculture.

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The U.K. government on July 19 released its Jet Zero strategy. The initiative, in part, requires at least 10 percent SAF use by 2030. It also aims to kickstart a domestic SAF industry, supported by a new £165 million Advanced Fuels Fund.

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Ethanol is expected to account for 9.3 percent of India's gasoline supply in 2022, up 15 percent when compared to 2021, according to a report filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network.

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The Cure for High Prices

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By Geoff Cooper

July 18, 2022

With high gas prices lingering, the RFA is continuing to advocate for a larger role for ethanol in the United States fuel supply. Recent actions by the Biden administration, like continued access to E15 this summer, give producers cause for optimism.

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Coastal Effect

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By Melissa Anderson

July 18, 2022

Comparable to California's Low Carbon Fuel Standard, pro-biofuel policies in Oregon, Washington and British Columbia offer a vast region of opportunity for reduced-CI ethanol on the Pacific Coast.

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