Alto Ingredients Inc. released Q1 2022 financial results on May 9, reporting positive gross margin and adjusted EBITDA for the three-month period. Mike Kandris, CEO of Alto, credited the company's diversification efforts in achieving those results.
The EIA maintained its forecast for 2022 fuel ethanol production in its latest Short-Term Energy Outlook, released May 10. The outlook for 2023 production was reduced, while ethanol blending forecasts for both years were maintained.
The U.S. Grains Council worked with the USDA's Foreign Agricultural Service in Vietnam to engage the Vietnamese Ministry of Industry and Trade (MOIT) and Ministry of Finance (MOF) to reduce most favored nation (MFN) tariffs on imported ethanol.
UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing and ethanol production were down during the first two weeks of the 2022-'23 harvest season, which began April 1. Ethanol sales, however, were up.
The U.S. Department of Commerce's International Trade Administration has announced it will hold a virtual open meeting the Renewable Energy and Energy Efficiency Advisory Committee via WebEx on May 12.
U.S. ethanol can now enter the Indonesian market by way of pre-blended fuel following the recent removal of a ban on such products entering the country. This change creates a potential market of more than 200 million gallons, according to USGC.
Total operable biofuels production capacity for ethanol, biodiesel, renewable diesel and related fuels expanded to 21.123 billion gallons per year in February, according to the EIA. Total feedstock consumption was at 24.348 billion pounds.
The U.S. exported 125.1 million gallons of ethanol and 927,134 metric tons of distillers grains in March, according to data released by the USDA on May 4. Exports of ethanol were down, while exports of distillers grains were up.
In cooperation with the African Refiners and Distributors Association, the U.S. Grains Council recently held a forum with African industry stakeholders and government officials to discuss matters related to ethanol production and use.
Green Plains released Q1 2022 financial results on May 2, reporting that the company was negatively impacted by low margins, rail delays, and other factors during the period. Margins have improved significantly, however, moving into Q2.
Ethanol is increasingly capturing the interest of buyers and policymakers across Southeast Asia and Oceania (SEA) amid growing environmental awareness. According to USGC, focused development program can help unlock value in this region.
Fluid Quip Technologies, a majority owned subsidiary of Green Plains Inc., has unveiled DCO+, a new technology to achieve record-high low-carbon renewable corn oil recovery in drygrind biofuel facilities.
The EPA on April 29 issued an emergency fuel waiver allowing E15 to be sold during the summer 2022 driving season. President Biden on April 12 announced the agency would take such action as part of the administration's effort to reduce fuel prices.
To help educate policymakers and industry officials in Japan on the benefits of ethanol use, a group of energy experts in the country has created an ethanol manga book, a type of comic book or graphic novel that originates from the country.
The governors of Iowa, Nebraska, Illinois, Kansas, Minnesota, North Dakota, South Dakota and Wisconsin on April 28 sent a letter to U.S. EPA Administrator Michael Regan seeking a permanent solution to year-round E15 sales.
Opening the door to 30 percent ethanol blends would save consumers billions of dollars at the gas pump and reduce imported oil by as much as 1 billion barrels per year, according to officials at Glacial Lakes Energy.
The Iowa Senate and Iowa House of Representatives on April 26 each voted to approve legislation introduced by Iowa Gov. Kim Reynolds in January that will increase consumer access to higher blends of ethanol and biodiesel.
UNICA, the Brazilian sugarcane industry association, has released final data for the 2021-'22 harvest season, which ended March 31. Sugarcane processing and the production of sugarcane ethanol were down for the year. Corn ethanol production was up.
Industry announcements from the May issue of Ethanol Producer Magazine, including the USGC's new ethanol exports lead, Siouxland Ethanol joining the proposed Heartland Greenway CO2 pipeline, ICM building a corn ethanol plant in Brazil, and more.
As the EU aims to increase its energy independence and steps up its ambitions to fight climate change, it should stay true to its goal of carbon neutrality and not overlook the full potential of domestically produced renewable ethanol.
Climate-smart farming practices, efficiencies at ethanol plants, and the capture and sequestration of biogenic CO2 from facilities puts ethanol on a trajectory to reach both net-zero and net-negative emissions, a trajectory that is unique to ethanol.
Ethanol Producer Magazine's Editor previews the May issue, which includes a profile on Calgren Renewable Fuels; the industry's continued adoption of solar and wind power; recovering energy from DDGS dryer exhaust; and ICM's high-protein platform.
Nebraska Gov. Pete Ricketts on April 19 signed legislation that provides tax credits for fuel retailers that sell E15 or higher blends of ethanol. The credit is 5 cents per gallon of E15 and 8 cents per gallon of E25 or higher blends sold.
After adjusting for inflation, this summer's forecast national average price would mark the highest retail gasoline and diesel prices since 2014, according to the U.S. Energy Information Administration.
In 2017, a Peruvian agency initiated a countervailing duty investigation against U.S. ethanol on behalf of a single Peruvian ethanol company. the USGC's response helped the U.S. win an appeal that removed a 15 cent per gallon duty on U.S. ethanol.
On both sides of the aisle, the message is clear: Americans need more homegrown biofuels to address rising gas prices and combat volatility in the global oil market. The ethanol industry is ready, and has the capacity to replace all Russian imports.
U.S. Grains Council Director of Global Ethanol Market Development Brian Healy and Juan Sebastian Diaz, Latin America regional ethanol consultant, visited Colombia in February to discuss the current state of the Colombian ethanol market.
The IEA in March released a report predicting that global biofuels supply will reach 3.3 million barrels per day by 2026, up from 2.6 million barrels per day in 2020. The forecast was included in the IEA's Oil 2021 report.
Sens. John Barrasso, R-Wyo., and Dianne Feinstein, D-Calif., on April 7 introduced legislation that aims to improve data reporting for renewable diesel and SAF, incentivize their production, and eliminate unnecessary labeling regulations.
Carbon Capture Magazine's National Carbon Capture Conference & Expo will be held in Des Moines, Iowa at the Iowa Event Center on Nov. 8-9, 2022. Speaker presentation abstracts are being accepted through July 8.
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