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RFA's 2022 outlook zeroes in on new opportunities

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By Renewable Fuels Association

February 22, 2022

FeedstocksPolicyBusinessOperationsMarketsCoproducts

The RFA released its 2022 Ethanol Industry Outlook and Pocket Guide during the 27th annual National Ethanol Conference in New Orleans. The annual publications and conference all share a common theme: Zeroing in on New Opportunities.

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In his annual State of the Industry Address, RFA President and CEO Geoff Cooper said that the global quest to achieve net-zero carbon emissions “may very well be the greatest opportunity for growth and value creation in the industry's history.�

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BDI-BioEnergy International GmbH on Feb. 17 announced it has contracted with Renewable Energy Group to upgrade two biodiesel plants in Germany by installing a state-of-the-art feedstock pretreatment technology to process wastes fats and oils.

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CVR Energy has announced the renewable diesel conversion project at its Wynnewood, Oklahoma, refinery is nearly complete. The company's board of directors has also approved a plan to break out its renewable fuels business as a separate entity.

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A report released on Feb. 21 shows that new and emerging technologies and practices could help the ethanol industry achieve net-zero carbon emissions well before its current goal of 2050, according to the RFA.

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Aemetis Inc. announced on Feb. 16 that the Universal Biofuels subsidiary of Aemetis in Kakinada, India has agreed to acquire a site to construct a tallow oil refining facility to provide feedstock to the company's biodiesel and SAF plants.

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Neste released Q4 financial results on Feb. 10, reporting that the company's renewable products business segment achieved improve sales volumes and sales margins despite several scheduled shutdowns, a weaker U.S. dollar and higher fixed costs.

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Renewable Energy Group Inc. will install a state-of-the-art pretreatment facility in Germany, enabling the company to refine some of the lowest carbon intensity, hardest-to-convert waste fats and oils for bio-based diesel production.

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Property Reincarnations

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By Katie Schroeder

February 16, 2022

Corn stover ethanol production still holds great promise. But at least two of the former “big three” assets in the space have been repurposed for different forms of biofuel production.

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The program will finance pilot projects that create market opportunities for U.S. agricultural and forestry products that use climate-smart practices and include innovative, cost-effective ways to measure and verify greenhouse gas benefits.

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LanzaJet has entered into an MOU with Marquis Sustainable Aviation Fuel to construct a to construct a 120 MMgy sustainable fuels plant using low-CI feedstocks to produce SAF and renewable diesel via the LanzaJet alcohol-to-jet process.

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The USDA maintained its forecast for 2021-'22 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released Feb. 9. The forecasts for 2021-'22 U.S. corn supply, use and price were also unchanged.

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Global Clean Energy Holdings Inc. is advancing its renewable diesel production through an agreement with ExxonMobil, which will invest $125 million with an option to acquire up to a 25 percent equity stake in the company.

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The USDA maintained its forecast for 2021-'22 soybean oil use in biofuel production in its latest WASDE report, released Feb. 9. The 2021-'22 soybean outlook is for increased soybean crush and lower ending stocks.

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Nuseed has entered into a long-term strategic offtake and market development agreement with BP Products North America Inc. that will see bp, or its affiliates, purchase Nuseed Carinata oil for use as biofuel feedstock.

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Nuseed has entered into a long-term strategic offtake and market development agreement with BP Products North America Inc. that will see bp, or its affiliates, purchase Nuseed Carinata oil for use as biofuel feedstock.

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Marathon is working to optimize operations at its renewable diesel plant in Dickinson and is ready to begin construction on the conversion of its Martinez refinery. The company has also announced progress with several feedstock pretreatment projects.

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The RFA has welcomed Farmers Business Network/Gradable as its newest associate member. FBN is an independent ag tech platform and farmer-to-farmer network that aims to power the prosperity of family farmers around the world.

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U.S. ethanol and renewable diesel production capacity expanded in November while biodiesel capacity was down, according to data released by the U.S. EIA on Jan. 31. Total feedstock consumption was up slightly when compared to the previous month.

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The U.S. Department of Energy's Bioenergy Technologies Office is scheduled to host a 6-hour virtual workshop on Feb. 1 focused on improving the lifecycle greenhouse gas (GHG) benefits of existing first-generation fuel ethanol plants.

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U.S. ethanol and renewable diesel production capacity expanded in November while biodiesel capacity was down, according to data released by the U.S. EIA on Jan. 31. Total feedstock consumption was up slightly when compared to the previous month.

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The USDA recently released its Grain Crushings and Co-Products Production report for January, reporting that corn use for fuel ethanol production in November 2021 was up from both the previous month and November 2020.

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DHS has added bioenergy to the DHS STEM Designated Degree Program List, making certain F-1 nonimmigrant students with a bioenergy degree eligible to apply for a 24-month extension of their post-completion optional practical training (OPT).

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The USDA is amending its program offering $700 million in COVID aid to biofuel producers by allowing production to meet marketing obligations or fulfill or maintain essential markets to be included in the calculations of a producer's market losses.

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Two separate bills currently pending in the Missouri Legislature aim to establish tax credits to incentivize fuel retailers to offer higher blend of ethanol and biodiesel. Both bills are currently being considered by a House ag committee.

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The USDA is amending its program offering $700 million in COVID aid to biofuel producers by allowing production to meet marketing obligations or fulfill or maintain essential markets to be included in the calculations of a producer's market losses.

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The USDA has announced that Growth Energy CEO Emily Skor will speak at the 98th Agricultural Outlook Forum, “New Paths to Sustainability and Productivity Growth.� Skor will be a featured panelist during this year's plenary session.

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The 2022 Iowa Renewable Fuels Summit, held Jan. 25, highlighted significant opportunities for growth driven by demand for advanced biofuels, such as SAF, but also addressed policy and economic concerns impacting biofuel producers.

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The 2022 Iowa Renewable Fuels Summit, held Jan. 25, highlighted significant opportunities for growth driven by demand for advanced biofuels, such as SAF, but also addressed policy and economic concerns impacting biofuel producers.

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Agriculture Secretary Tom Vilsack discussed the important role biofuels and biobased manufacturing play in the rural economy and highlighted the agency's efforts to support those industries during a Jan. 20 hearing held by the House Ag Committee.

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