June 28, 2024
BY Growth Energy
Advertisement
Advertisement
The Michigan legislature on June 27 passed a $83 billion fiscal year (FY) 2025 budget package that includes a 5-cent-per-gallon tax credit for E15 fuel. Growth Energy has spoken out in support of the legislation’s E15 provisions.
Kemin Industries, a global ingredient manufacturer, has acquired Archangel Inc., a company specializing in antimicrobials for fermentative biofuel production. The acquisition enhances Kemin’s portfolio of antimicrobial solutions.
LanzaTech Global Inc. and LanzaJet Inc. are launching CirculAir, a new joint offering to convert waste, carbon, and renewable power into sustainable aviation fuel (SAF) and immediately accelerate decarbonization of the aviation industry globally.
U.S. fuel ethanol production fell by 1% the week ending June 21, according to data released by the U.S. Energy Information Administration on June 26. Ethanol stocks were also down approximately 1%, with exports down 5%.
The USDA on June 26 awarded nearly $100 million in loans and grants to 473 projects under the Renewable Energy for America Program. Commonwealth Agri-Energy LLC and Redfield Energy LLC were among those selected for grant awards.