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PHOTO: CHRIS RICHARDS

December 6, 2012

BY Susanne Retka Schill

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FTC issues 2023 Report on Ethanol Market Concentration

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The FTC on Dec. 1 issued its 2023 Report on Ethanol Market Concentration. As in prior years, the FTC’s analysis determined that there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.

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Rex American Resources Corp. released financial results for the fiscal third quarter on Nov. 30, reporting the company achieved an all-time record net income per share attributable to Rex common shareholders of $1.49.

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U.S. fuel ethanol production was down 1 percent the week ending Nov. 24, according to data released by the U.S. Energy Information Administration on Nov. 29. Stocks of fuel ethanol were also down 1 percent with exports up nearly 94 percent.

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The U.S. EPA on Nov. 16 released updated RIN data, reporting that nearly 2.11 billion RINs were generated under the RFS in October, up from 1.81 billion generated during the same month of last year.

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Aemetis expects to secure the authority to construct air permit for its proposed SAF/RD project in early 2024, according statements made during a Q3 earnings call. Company officials also discussed ongoing biogas, ethanol, biodiesel and CCS projects.

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