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Keep Morale High Even When a Plant is Down

October 5, 2012

BY Donna Funk

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Gevo announces agreement to purchase Red Trail Energy

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By Erin Voegele

7 hours ago

BusinessCarbon CaptureSustainable Aviation Fuels

Gevo Inc. on Sept. 12 announced it has entered into a definitive agreement to acquire the ethanol production plant and CCS assets of Red Trail Energy LLC for $210 million. Gevo plans to add net-zero SAF production capacity to the site.

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Recently, the USGC escorted a group of key ethanol industry stakeholders from Egypt, Ghana, Nigeria and the United Arab Emirates (UAE) on a tour of U.S. ethanol facilities to advance biofuel exports to Africa and the Middle East.

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U.S. fuel ethanol production was up 4% the week ending Sept. 6, according to data released by the U.S. Energy Information Administration on Sept. 11. Stocks of fuel ethanol were up nearly 2% and exports were up 95%.

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NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, has finalized its purchase of Inbicon biomass-conversion technology from Ørsted.

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The U.S. Energy Information Administration increased its forecasts for both 2024 and 2025 fuel ethanol production in its latest Short-Term Energy Outlook, released on Sept. 10. The outlook for 2024 fuel ethanol blending was revised down.

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