SOURCE: ERI SOLUTIONS INC. CREATED BY FREEPIK
November 20, 2017
BY Lisa Gibson
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The future of the ethanol industry in both the U.S. and Canada will be shaped by the industry’s ability to keep science-based carbon intensity at the forefront, specifically when it comes to life cycle carbon assessment (LCA).
Among the current primary focus areas for the U.S. Grains Council are sustainable aviation fuel, building and expanding global markets and encouraging parallels between U.S. carbon programs and others around the world.
Alto Ingredients Inc. on Nov. 6 released Q3 financial results, announcing an agreement with Vault 44.01 related to a CCS project in Illinois and indicating the company is considering idling its Idaho ethanol plant in response to falling margins.
U.S. operable biofuels capacity was at 24.9 billion gallons per year in August, down slightly from the previous month, according to data released by the U.S EIA. Feedstock consumption was up when compared to the previous year.
U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.