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Thailand's ethanol consumption remains below pre-COVID levels

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By Erin Voegele

August 15, 2022

FeedstocksBusinessOperationsMarkets

Thailand's consumption of fuel ethanol is expected to increase in 2022, but remain below pre-COVID levels, according to a report filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network.

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Bayer on Aug. 15 announced the launch of ForGround, a farmer-first digital platform that will transform the way farms of all sizes can more easily make the transition to sustainable agricultural practices.Bayer on Aug. 15 announced the launch of ForG

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Thailand's production of biodiesel is expected to decline for the third consecutive year in 2022, according to a report filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network.

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U.S. corn production for 2022 is expected to reach 14.4 billion bushels, down 5 percent when compared to last year, according to the USDA National Agricultural Statistics Service's latest Crop Production report, released Aug. 12.

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The USDA reduced its estimate for 2021-'22 corn use in ethanol by 25 million bushels in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for 2020-'23 corn use in ethanol was maintained.

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The House on Aug. 12 voted 220 to 207 to pass the Inflation Reduction Act, a legislative package that includes a wide range of provisions that benefit the biofuel and bioenergy industries. President Biden is expected to sign the bill soon.

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U.S. soybean production for 2022 is expected to reach 4.53 billion bushels, up 2 percent when compared to 2021, according to the USDA National Agriculture Statistics Service's latest Crop Production report, issued Aug. 12.

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The USDA reduced its estimate for 2021-'22 soybean oil use in biofuel by 200 million pounds in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for 2020-'23 soybean oil use in biofuel was maintained.

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The House on Aug. 12 voted 220 to 207 to pass the Inflation Reduction Act, a legislative package that includes a wide range of provisions that benefit the biofuel and bioenergy industries. President Biden is expected to sign the bill next week.

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Restaurant Technologies is taking a step forward in its sustainability journey by utilizing biofuels from Chevron Renewable Energy Group, a subsidiary of Chevron Corp., in its commercial vehicle fleet.

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BBI International has announced the 39th Annual International Fuel Ethanol Workshop & Expo will be held June 12-14, 2023 at the CHI Health Center in Omaha, Nebraska. Speaker presentation abstracts will be accepted through Feb. 10, 2023.

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BBI International has announced the 39th Annual International Fuel Ethanol Workshop & Expo will be held June 12-14, 2023 at the CHI Health Center in Omaha, Nebraska. Speaker presentation abstracts will be accepted through Feb. 10, 2023.

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The Canadian government on Aug. 3 awarded $1.8 million under Agriculture and Agri-Food Canada's AgriAssurance Program to Bioindustrial Innovation Canada, a nonprofit group that supports the commercialization of sustainable technologies.

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Sustainable Oils Inc. on Aug. 8 announced a joint licensing agreement with Corteva Agriscience and the Broad Institute of MIT and Harvard for CRISPR-Cas9 and related gene editing tools to further develop their patented camelina varieties.

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In a recently signed contract, ICM, Impacto Energia S/A and its sister company, Impacto Bioenergia, have agreed to build a new dry-mill ethanol production facility in Bahia, Brazil, with an estimated Q1 2025 start date.

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The Senate on Aug. 7 passed the Inflation Reduction Act of 2022 by a vote of 51 to 50 along party lines. Vice President Kamala Harris cast the tie-breaking vote. The bill includes a range of provisions benefiting biofuel and bioenergy prodcution.

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Darling Ingredients Inc. has completed the acquisition of Brazil's largest independent rendering company, FASA Group. The acqusition will provid ean additional source of waste fats for use in the produciton of renewable diesel and SAF.

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UNICA, the Brazilian sugarcane industry association, has announced ethanol production during the first half of July was up when compared to the same period of last year. Ethanol sales were up also up slightly during the two-week period.

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Neste has agreed to acquire 100 percent of Walco Foods, an Irish trader of animal fats. The acqusition will enhance Neste's supply of waste and residue raw materials for the production of renewable diesel and associated fuels and products.

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U.S. operatable biofuels production capacity was down slightly in May, according to data released by the U.S. Energy Information Administration on July 29. Feedstock consumption, however, was up when compared to both the prior month and May 2021.

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The Andersons Inc. on Aug. 2 announced the company achieved record quarterly results during Q2 2022. The company's renewables segment, which includes its ethanol operations, generated record pretax income for the three-month period.

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U.S. operatable biofuels production capacity was down slightly in May, according to data released by the U.S. Energy Information Administration on July 29. Feedstock consumption, however, was up when compared to both the prior month and May 2021.

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Bayer, Bunge and Chevron U.S.A. Inc., a subsidiary of Chevron Corp., have signed a shareholders' agreement in connection with Bayer's acquisition of a 65 percent majority ownership of the winter oilseed producer CoverCress Inc.

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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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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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The USDA recently released its Grain Crushings and Co-Products Production report for July, reporting that corn use for fuel ethanol production in May was up when compared to the previous month, but down when compared to May 2021.

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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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Ethanol consumption in the European Union was up an estimated 5.5 percent last year, surpassing the pre-COVID level of 2019 and setting a new record. EU ethanol consumption is expected to expand an additional 2.3 percent this year.

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Demand for biodiesel and renewable diesel in the European Union was up in 2020 and 2021 despite the COVID-19 pandemic. That growth, however, is expected to stagnate in 2022, according to a report filed with the USDA.

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The U.S. ethanol industry delivered a very strong Q2, according to the latest quarterly report issued by CoBank's Knowledge Exchange on July 14. Ethanol profits and production remain robust despite record gas prices, according to the report.

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