Byogy Renewables
February 26, 2015
BY Byogy Renewables
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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.
On May 6, the Sustainable Aviation Buyers Alliance released a request for proposal (RFP) to increase the supply of next-generation sustainable aviation fuel (SAF), including power-to-liquids and those using advanced biobased feedstocks.