Renewable Fuels Association
August 11, 2015
BY Renewable Fuels Association
Advertisement
Advertisement
The Trump administration on May 8 announced a new trade deal with the U.K. that the White House said will create a $5 billion export opportunity for U.S. farmers, ranchers and producers, including more than $700 million in ethanol exports.
Alto Ingredients Inc. released first quarter financial results on May 7, reporting improved gross margin and adjusted EBITDA on increased operational uptime, optimization initiatives and increased sales of ISCC-certified fuels.
Green Plains Inc. on May 8 announced that its nine active ethanol plants operated at 100 capacity utilization during the first quarter, with OpEx falling by approximately 3 cents per gallon since late 2024.
Reps. Zach Nunn, R-Iowa, and Nikki Budzinski, D-Ill., on May 7 introduced a bill that aims to update USDA’s Section 9003 program to expand access to grants, streamline loan guarantees and provide $100 million in mandatory funding over five years.
Novonesis on May 8 released fourth quarter financial results, reporting its Agriculture, Energy and Tech segment achieved 10% organic growth during the three-month period. Much of that increase was driven by the biofuels industry.