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EIA: Ethanol production up 4%, stocks up 2%, exports down 43%

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By Erin Voegele

February 08, 2024

OperationsBusiness

U.S. fuel ethanol production was up more than 4% the week ending Feb. 2, according to data released by the U.S. Energy Information Administration on Feb. 7. Stocks of fuel ethanol were up 2% and exports fell by 43%

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Green Plains on Feb. 7 released Q4 financial results, reporting net income of $7.2 million. The company achieved a 95% utilization rate for the period and has launched a strategic review to explore a broad range of alternatives.

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Summit Carbon Solutions announces new CFO

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By Summit Carbon Solutions

February 07, 2024

Summit Carbon Solutions, the developer of a large-scale carbon capture, transport, and sequestration project, has announced the appointment of Lisa Cummins Cohen as the company’s new chief financial officer.

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In order for Minnesota to achieve its greenhouse gas (GHG) emission reduction goals, biofuels must be included in a fuel- and technology-neutral clean transportation standard (CTS), according to the Minnesota Bio-Fuels Association.

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Loamist, a climatetech startup, has announced its pre-seed financing and emergence from stealth mode, marking the public release of its Biomass Explorer product, a tool that addresses the critical challenge of accessing biomass.

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The U.S. Ethanol Information Administration reduced its forecast for 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released Feb. 6. The forecasts for 2025 ethanol production and 2024 and 2025 ethanol blending were maintained.

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2023 Iowa ethanol production ticked up to another record

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By Iowa Renewable Fuels Association

February 06, 2024

In 2023, Iowa ethanol production increased to a record-breaking 4.6 billion gallons, up from the previous record of 4.5 billion gallons in 2022. Solid corn production combined with some of the most efficient plants in the world drove the increase.

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Elite Octane joins Growth Energy, RFA

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By Growth Energy and Renewable Fuels Association

February 06, 2024

Elite Octane – a leader in the biofuel industry, producing 150 million gallons of bioethanol annually – has joined the nation’s leading biofuel trade associations, Growth Energy and the Renewable Fuels Association.

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Growth Energy on Feb. 1 welcomed more than 500 industry leaders, speakers, and guests to the bioeconomy as it began its annual Executive Leadership Conference. The event addresses a range of policy issues, including the RFS, E15 and SAF.

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RFA congratulates Joseph Goffman on Senate confirmation

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By Renewable Fuels Association

February 02, 2024

Joseph Goffman was confirmed by the Senate on Jan. 31 to serve as the Assistant Administrator for the Office of Air and Radiation at the U.S. EPA. RFA President and CEO Geoff Cooper has spoken out to congratulate Goffman.

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Aemetis Inc. announced on Feb. 1 the deployment of the entire $25 million of funding provided under the previously announced USDA-guaranteed loan for its Aemetis Biogas 1 LLC (AB1) project company.

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Enerkem announced on Jan. 30 that it will be retiring its Enerkem Alberta Biofuels plant in Edmonton. The company said the facility has achieved its main objective of completing the scale-up of Enerkem’s industry-leading technology.

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Gevo Inc. on Jan. 24 released a business update indicating that the company’s proposed SAF project in South Dakota, Net-Zero 1, remains in the due diligence phase of the U.S. Department of Energy’s loan guarantee program.

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Denmark-based biotechnology company Novozymes and Denmark-based bioscience company Chr. Hansen on Jan. 29 announced they have completed a planned merger, creating the newly formed company Novonesis.

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Valero Energy Corp. released fourth quarter financial results on Jan. 25, reporting significantly higher operating income and production volumes for its ethanol segment. The segment’s full year results were also improved.

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In a major step forward for the future of agriculture and biofuels, POET and Summit Carbon Solutions announced a groundbreaking partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project.

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The Renewable Fuels Foundation announces eight 2024 recipients of the Robert Sather Memorial Scholarship, which annually offers opportunities for students and young professionals to attend the National Ethanol Conference.

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Praj on Jan. 20 inaugurated its sustainable aviation fuel (SAF) demonstration plant at its research and development center in Pune, India. The plant utilizes a propriety SAF production technology developed by the company.

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E Energy Adams recognized for Fuel the Cure support

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By Nebraska Ethanol Board

January 27, 2024

On Jan. 19, E Energy Adams, an ethanol producer in Adams, Nebraska, received recognition as the Fuel the Cure Cancer Crusader for going above-and-beyond to support the annual campaign, according to the Nebraska Ethanol Board.

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Carbon America has submitted a Class VI CO2 Injection Well permit application to the U.S. EPA’s Region 8 office to permanently store carbon dioxide produced by two ethanol plants in northeastern Colorado.

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Growth Energy announced on Jan. 24 that it wrote 49% of all HBIIP grants for fuel retailers seeking infrastructure funding from the USDA’s HBIIP to install equipment that would allow them to sell E15.

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LanzaJet on Jan. 24 celebrated the grand opening of its ethanol-to-SAF biorefinery. The LanzaJet Freedom Pines Fuels facility, located in Soperton, Georgia, has the capacity to produce 10 MMgy of advanced biofuels,

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Sugar Valley Energy, a new 160-acre bioenergy campus under development by California Ethanol + Power in California’s Imperial Valley, intends to produce up to 61 MMgy sustainable aviation fuel (SAF) for the airline industry.

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Aemetis Inc., an RNG and renewable fuels company focused on negative carbon intensity products, announced on Jan. 23 the recognition of revenues from its first sale of California LCFS credits generated by its subsidiary, Aemetis Biogas LLC.

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SAF Magazine, in collaboration with CAAFI, has announced the addition of an extra day to the 2024 North American SAF Conference & Expo. The event will now take place Sept. 11-13, 2024, in St. Paul, Minnesota, at the St. Paul RiverCentre.

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Blue Biofuels Inc. and Vertimass LLC have formed VertiBlue Fuels LLC to employ Vertimass’ proprietary CADO technology to produce SAF and renewable propane and butane (rLPG) as coproducts from ethanol.

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Lallemand Biofuels & Distilled Spirits on Jan. 23 announced a partnership with Braskem to jointly develop renewable chemicals. The two companies will first explore products for the solvents segment.

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Nebraska fuel retailers raised $18,733 in October 2023 as part of Fuel the Cure, a program that donates 3 cents per gallon of ethanol fuel blends, such as E15, E30 and E85, sold at participating fuel stations during the month.

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Whitefox Technologies announces new staff

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By Whitefox Technologies

January 23, 2024

Whitefox Technologies has added close to 10 new employees to its U.S. division. This growth reflects the ongoing commitment to bolstering the team’s capacity and fortifying the recently formalized Whitefox Pledge customer support package.

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ClearFlame Engine Technologies announced on Jan. 17 that it has completed the first sale of its FuelAdaptive truck to Vander Haag's Inc., which will use ClearFlame's truck to deliver parts to its 11 locations in multiple states.

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