The RFA on Feb. 8 released two reports summarizing 2020 U.S. ethanol and distillers grains export and import data. These annual reports include the latest information on the important role U.S. ethanol and distillers grains play on the world stage.
IRFA: Biofuels continue to have positive impact on Iowa's economy
By Iowa Renewable Fuels Association
February 02, 2021
A new study released Feb. 2 finds biofuels continue to have a significant positive impact on Iowa's economy, but recent market challenges reduced the job and household income impacts of ethanol and biodiesel production in the state.
Alto Ingredients Inc., formerly Pacific Ethanol Inc., announced that it has increased its total annual production capacity of specialty alcohol to 140 million gallons, the majority of which will meet or exceed USP certifications.
Varennes Carbon Recycling, the landmark waste to biofuels plant in Varennes, Québec, has now reached financial close, with investment agreements signed by Proman and its partners, Shell, Suncor, the Government of Québec, and Enerkem.
The Carbon Capture Coalition on Jan. 21 sent a memo to President Biden's climate team that includes a targeted list of climate, energy, infrastructure and related federal policy recommendations for the first 100 days of his administration.
The USDA recently released its Grain Crushings and Co-Products Production report for January, reporting that corn use for fuel ethanol was at 432 million bushels in November, down from both the previous month and November 2019.
Valero Energy Corp. released financial results on Jan. 28, reporting reduced operating income and production levels for its ethanol segment. The company's renewable diesel segment, however, is growing.
Representatives of the North Dakota ethanol industry on Jan. 20 testified in favor of a bill that aims to create a sales and use tax exemption for CO2 used for secure geologic storage. The state's senate voted in favor of the bill the following day.
BBI International has announced that the 2021 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, will be held July 13-15 in Minneapolis. The event was originally scheduled to be held in mid-June.
The Alternative Fuels & Chemicals Coalition has announced legislation recently signed by President Trump makes important changes to the U.S. Department of Energy's Title XVII Innovative Technology Loan Guarantee Program.
European ethanol producer CropEnergies has released financial results for third quarter of its 2020-'21 financial year, reporting improved operating margins for the first nine months of the fiscal year. Sales volumes, however, were down.
The ethanol sector continued to recover during the fourth quarter of 2020 with production levels up 3.5 percent when compared to the third quarter, according to a new quarterly report released by CoBank's Knowledge Exchange on Jan. 14.
Aemetis Inc. announced Jan. 15 that its exclusively licensed technology for the production of below zero carbon renewable fuel was awarded U.S. Patent No. 10907184, enabling the launch of Aemetis “Carbon Zero� production plants.
Green Plains Inc. has announced the completion of its upgrade to USP grade alcohol at its York, Nebraska biorefinery. The York upgrade included the installation of a new distillation production unit, and remains capable of producing up to 50 MMgy.
Gevo Inc. announces the concept of net-zero Projects for the production of energy dense liquid hydrocarbons using renewable energy and Gevo's proprietary technology. The company plans to build its first net-zero project in South Dakota.
Netherlands-based SkyNRG has announced it is leading a consortium that will build a 30,000-ton-per-year alcohol to jet (ATJ) facility in Europe. LanzaTech will supply its ATJ technology to the facility.
The U.S. Treasury Department and the IRS on Jan. 6 issued final regulations regarding the section 45Q tax credit for qualified carbon oxide sequestration. The Carbon Capture Coalition said the rule provides overdue regulatory and financial certainty.
Gevo Inc. has engaged Koch Project Solutions LLC to provide front end engineering, design and project execution management services for the expansion projects that Gevo is in the process of financing with Citigroup Global Markets Inc.
Green Plains Inc. has acquired a majority interest in Fluid Quip Technologies in a joint transaction led by Ospraie Management LLC. The transaction will rapidly expand installation of Ultra-High Protein production across Green Plains' facilities.
Capitalizing on successful virtual engagement with the Mennonite community in Southeast Mexico, the USGC recently began promotion of the nutritional and economical value of U.S. DDGS with Hutterite swine producers in western Canada.
The USDA recently released its Grain Crushings and Co-Products Production report for December, reporting that corn use for fuel ethanol production reached 433 million bushels in October, up from the previous month, but down from October 2019.
CoBank on Dec. 17 issued a report on the year ahead, predicting the 2021 outlook for ethanol is stable but guarded, with considerable growth and margin opportunities favoring ethanol coproducts versus fuel.
The SCALE Act was introduced on Dec. 16. It supports the buildout of the infrastructure necessary to transport CO2 from where it is captured to where it can be utilized in manufacturing or safely and securely sequestered underground.
Reps. Bill Pascrell Jr., D-N.J., and Brian Fitzpatrick, R-Pa., on Dec. 4 introduced the Renewable Chemicals Act, which aims to create tax credits to support the production of biobased chemicals and investments in production facilities.
The 45Q Carbon Capture Utilization and Storage Tax Credit Amendments Act of 2020 was introduced in the U.S. Senate on Dec. 7. The bill makes targeted statutory changes to maximize the utility of the credit.
Reps. David McKinley, R-W.V., and Marc Veasey, D-Texas, on Dec. 3 introduced the ACCESS 45Q Act, which extends the date for projects to begin construction to claim the credit by 10 years and provides a direct pay elective.
The U.S. exported 126.52 million gallons of ethanol and 951,500 tons of distillers grains in October, according to data released by the USDA Foreign Agricultural Service on Dec. 4. Exports of both products were up when compared to October 2019.
As one of America's largest biorefiners moves forward with two more installations of Fluid Quip Technologies' 50% protein technology, critical production redundancy is in hand. Products with even higher protein levels are already in the pipeline.
Aemetis Inc announced that its wholly-owned subsidiary, Aemetis Health Products, Inc., has received a $24 million initial purchase order after signing a supply agreement for sanitizer alcohol and nitrile gloves with a California distributor.
The USDA recently released its Grain Crushings and Co-Products Production report for November, reporting that corn use for fuel ethanol was at 401 million bushels in September, down from both the previous month and September 2019.
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