Valero Energy Corp.'s renewable diesel segment set a new sales volume record during Q1 while its ethanol segment reported a profitable three-month period with higher production volumes. The company is also progressing with plans to produce SAF.
ICM announced Element LLC was placed into receivership due to market-based disruptions that have impacted profitability, including high corn basis and reduce LCFS values. ICM technologies installed at the plant, however, exceeded expectations.
The USDA recently released its Grain Crushings and Co-Products Production Report for April, reporting that corn use for fuel ethanol in February was down when compared to both the previous month and February 2022.
U.S. fuel ethanol production fell by nearly 6 percent the week ending April 21, according to data released by the U.S. Energy Information Administration on April 26. Stocks of fuel ethanol were down nearly 4 percent.
The Andersons Inc. has announced that Element LLC, a joint venture with ICM Inc., has been placed into receivership. The plant is currently in an extended maintenance shutdown. future operating decisions will be made by the court-appointed receiver.
Archer Daniels Midlands Co. released Q1 financial results on April 25, reporting its ethanol operations were impacted by low margins during the period. Despite continued volatility, the outlook for ethanol may be improved later in the year.
The U.S. EPA has released data showing nearly 1.91 billion RINs were generated under the RFS in March, up from 1.82 billion generated during the same period of last year. Total RIN generation for the first quarter of 2023 reached 3.63 billion.
European ethanol producer CropEnergies on April 17 issued a statement indicating the company expects to experience a significant reduction in revenues, EBITDA and operating profit for the first fiscal quarter of 2023.
U.S. fuel ethanol production was up nearly 7 percent the week ending April 14, according to data released by the U.S. Energy Information Administration on April 19. Stocks of fuel ethanol were up nearly 1 percent.
UNICA, the Brazilian sugarcane industry association, has released data indicating sugarcane processing by mills in the south-central region of Brazil was up 5 percent during the 2020-'23 harvest season. Ethanol production was also up 5 percent.
Green Plains Inc. on April 11 released its 2022 Sustainability Report, outlining environmental, social and governance priorities and targets. The third annual report highlights progress made towards the company's goal of being carbon netural by 2050.
Despite seasonally lower ethanol demand, U.S ethanol production and profitability were in line with long-term averages during the first quarter of 2023, according to CoBank Knowledge Exchange's latest quarterly report, released April 6.
Technip Energies has been awarded the contract for the FEED phase of LanzaTech's DRAGON SAF project based on LanzaJet alcohol-to-jet (ATJ) technology. The project is on track to be one of the first commercial SAF facilities in the U.K.
EPM Editor Tom Bryan reflects on the relative profitability of 2022 while previewing the publication's May content, which includes articles on production margins, diversification, multi-biofuel strategies and recent corn ethanol plant upgrades.
U.S. fuel ethanol fell by more than 4 percent the week ending April 7, according to data released by the U.S. Energy Information Administration on April 12. Weekly ending stocks of fuel ethanol were down slightly.
Green Plains is developing new technologies and coproducts. CEO Todd Becker talks about the company's various projects related to protein, corn oil, clean sugar and carbon, as well as a newly announced joint venture in SAF.
The U.S. Energy Information Administration has maintained its forecast for 2023 ethanol production in its latest Short-Term Energy Outlook, released April 11. The outlook for 2024 ethanol production was reduced slightly.
While nuts-and-bolts ethanol plant improvements typically don't make national headlines, facility enhancements and capacity-boosting installations are always happening. Here's a look at some of the work recently completed or still underway.
The U.S. exported 104.03 million gallons of ethanol and 764,494 metric tons of distillers grains in February, according to data released by the USDA Foreign Agricultural Service on April 5. Exports of both products were down.
Total U.S. operatable biofuels production capacity expanded to 22.209 billion gallons in January with gains for both renewable diesel and ethanol, according to data released by the U.S. EIA. Total feedstock consumption was down from January 2022.
U.S. fuel ethanol production was maintained at the previous week's production level during the week ending March 31, according to data released by the U.S. Energy Information Administration on April 5. Ethanol stocks were down nearly 2 percent.
UNICA, the Brazilian sugarcane industry association, has released data showing ethanol production was up during the first half of March, with a significant increase in corn ethanol production. Ethanol sales for the two-week period were down.
The USDA recently released its Grain Crushings and Co-Products Production Report for March, reporting that corn use for fuel ethanol production in January was up when compared to the same month of 2022.
U.S. fuel ethanol production expanded by nearly 1 percent the week ending March 24, according to data released by the U.S. Energy Information Administration on March 29. Weekly ending stocks of fuel ethanol were down nearly 3 percent.
The Canadian Infrastructure Bank on March 27 awarded a $277 million loan to a joint-venture partnership between Shell, Suncor, Proman and the government of Quebec that will enable construction of a biorefinery based on Enerkem technology.
Rex American Resources Inc. released fiscal Q4 results on March 23, reporting a profitable quarter. During an earnings call, company officials discussed plans to increase ethanol production capacity and reported progress with a CCS project.
Ethanol Producer Magazine announced this week the preliminary agenda for the 2023 International Fuel Ethanol Workshop & Expo (FEW) taking place June 12-14, 2023 at the CHI Health Center in Omaha, Nebraska.
UNICA, the Brazilian sugarcane industry association, has announced ethanol sales for February were up nearly 5 percent when compared to the same month of 2022. Corn ethanol production also continued to grow.
Modeling ethanol's carbon emissions derived from corn, often referred to as “Field to Wheels,� does not capture the benefits of emissions reductions created by changes to the finished gasoline fuel blend (chemistry) or improved vehicle efficiency.
U.S. ethanol production fell nearly 2 percent the week ending March 17, falling below 1 million barrels per day for the first time since early January, according to data released by the U.S. EIA on March 22. Stocks of ethanol were down 1 percent.
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