September 26, 2022
BY Erin Voegele
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Valero Energy Corp. released Q1 financial results on April 24, reporting that a tough margin environment negatively impacted the company’s renewable diesel operations during the three-month period. Valero’s ethanol segment was profitable.
UNICA, the Brazilian sugarcane industry association, has released final data for the 2024-’25 harvest season, reporting record high ethanol production and sales despite reduced sugarcane milling. Corn ethanol production was up significantly.
The South Dakota Public Utilities Commission on April 22 denied Summit Carbon Solution’s pipeline application by a vote of 2 to 1. Summit has expressed disappointment with the decision and announced plans to refile its application.
U.S. fuel ethanol production was up 2% the week ending April 18, according to date released by the U.S. Energy Information Administration on April 23. Weekly ending stocks of fuel ethanol were down 5% and exports were down 45%.
CARB on April 4 released a third set of proposed changes to the state’s LCFS. More than 80 public comments were filed ahead of an April 21 deadline, including those filed by representatives of the ethanol, biobased diesel and biogas industries.