MN Bio-Fuels releases 2022 annual report

SOURCE: Minnesota Bio-Fuels Association

December 27, 2022

BY Minnesota Bio-Fuels Association

The Minnesota Bio-Fuels Association (MN Bio-Fuels) released its 2022 Annual Report to its members at an event in Bloomington on Dec. 14.

“As the critical need to decarbonize transportation, reduce dependence on imported oil, and save consumers money at the pump grows, the leadership opportunities for biofuels grow, too. That’s why I was glad to join with our members and supporters at our annual report event to talk about what MN Bio-Fuels has accomplished in 2022 but, more importantly, to talk about the path forward in 2023,” said Brian Werner, executive director at MN Bio-Fuels.

The 2022 Annual Report highlights MN Bio-Fuels work in the areas of advocacy, communications and fuel marketing and supply chain. 

Advertisement

In terms of advocacy, MN Bio-Fuels played a key role in securing $6 million for a biofuel infrastructure grant program and assisted retailers in securing the grant funding. MN Bio-Fuels also worked with other industry stakeholders in urging Gov. Tim Walz to remain committed to a regulatory solution that will ensure year-round E15 availability.

Other highlights during the year included record E15 sales in Minnesota. In October, sales totaled 9.58 million gallons - a new record. Werner said E15 sales exceeded the 9-million-gallon mark for the first time ever in July and has remained at that level since.

For next year, he said new opportunities and challenges await Minnesota’s ethanol industry. 

Advertisement

“Minnesota’s leadership on biofuel policy is needed now more than ever so I look forward to doubling-down on our work to foster a homegrown source of transportation fuel that is better for consumers, better for the environment, and better for rural economies,” Werner said. 

Read the 2022 Annual Report here

 

 

Related Stories

Phillips 66 on July 25 released Q2 financial results, reporting the company’s Rodeo Renewable Energy Complex in California continues to run at reduced rates due to market conditions. Pre-tax income for the renewables segment was up when compared to Q1.

Read More

The EIB and Eni on July 24 signed a €500 million 15-year finance contract to support the conversion of Eni’s Livorno refinery in Tuscany, Italy, into a biorefinery that can produce renewable diesel, renewable naphtha and bio-LPG.

Read More

Iowa funds 24 projects to bolster access to biodiesel, E15

Article image

By Iowa Department of Agriculture and Land Stewardship

17 hours ago

Iowa Secretary of Agriculture Mike Naig announced that the Iowa Renewable Fuels Infrastructure Program Board recently approved an additional 24 applications from Iowa fuel retailers to support new and expanded biofuel infrastructure projects.

Read More

CountryMark on July 22 celebrated the completion of more than $100 million in upgrades at its refinery in Indiana, including those related to soybean oil storage. The facility produces renewable diesel via coprocessing technology.

Read More

ATOBA Energy and Air Moana are partnering to implement scalable solutions for the supply of SAF. The collaboration aims to ensure long-term SAF availability while supporting local initiatives to develop sustainable fuel production in Tahiti.

Read More

Upcoming Events

Sign up for our e-newsletter!

Advertisement

Advertisement