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USGC: KFC Malaysia testing US DDGS

May 19, 2017

BY U.S. Grains Council

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Aemetis announces updated 5-year plan projecting growth to $1.95B of revenue and $645M of adjusted EBITDA in 2028

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By Aemetis Inc.

5 minutes ago

Business

Aemetis Inc., an RNG and renewable fuels company focused on negative carbon intensity products, has announced an updated five-year plan that projects the company will generate $1.95 billion in revenues and $645 million of adjusted EBITDA in 2028.

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A study by the University of Minnesota Extension shows the ethanol industry contributed $2.5 billion to Minnesota’s GDP in 2023. The industry produced 1.35 billion gallons of ethanol, which in turn resulted in $6.6 billion of economic activity.

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Novonesis, formerly Novozymes, has introduced new yeast technology— Innova Delta, which allows plants using non-GM yeasts to achieve operational performance on par with their global peers using the most advanced GM yeasts.

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U.S. fuel ethanol production was up slightly the week ending Feb. 16, according to data released by the U.S. Energy Information Administration on Feb. 22. Ethanol stocks were down more than 1% and exports were up nearly 59%

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The U.S. EPA issued a final rule on Feb. 22 that will allow E15 to be sold year-round in eight Midwestern states beginning in 2025. The ethanol industry has welcomed the rule but is expressing disappointment in its delayed implementation.

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