August 29, 2019
BY Erin Voegele
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Rex American Resources Inc. on Dec. 3 released fiscal Q3 financial results, reporting the three-month period was the second most profitable quarter in the company’s history. Work on the company’s capacity expansion and CCS projects is ongoing.
The USDA on Nov. 26 confirmed its forecast that FY 2025 ethanol exports will set a record in terms of volume. The expected value of those ethanol exports, however, was reduced, according to the agency’s latest quarterly trade outlook.
Alicia Koch has joined the USGC as its director of global ethanol export development. She will oversee the development and execution of the USGC’s global ethanol program including program implementation, public affairs and strategic partnerships.
Alcohol-to-jet hopefuls are buying up both healthy and shuttered ethanol plants, drawing up their business blueprints while state and federal funding mechanisms expand to allow for the SAF sector's rise.
U.S. ethanol and biodiesel capacity held steady in September, while renewable diesel capacity fell slightly, according to data released by the U.S. EIA on Nov. 29. Feedstock consumption was down when compared to the previous month.