PHOTOS: LANE OLSON
July 14, 2015
BY Holly Jessen
Advertisement
Advertisement
Archer Daniels Midland Co. released fourth quarter financial results on Feb. 4, reporting increased operating profit for its Vantage Corn Processor subsegment on higher ethanol export volumes and improved margins.
U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.
Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.
Green Plains Inc. has idled its 119 MMgy ethanol plant located in Fairmont, Minnesota, due to “commodity market conditions,” according to a notice filed with the Minnesota Department of Employment and Economic Development.
US. Fuel ethanol production fell by nearly 8% the week ending Jan. 24, according to data released by the U.S. Energy Information Administration on Jan. 29. Stocks of fuel ethanol were down nearly 1% and exports were up 6%.